In 2021, ** percent of respondents from large enterprises indicated having already adopted multi cloud. Notably, smaller businesses are lagging behind in terms of multi cloud adoption. This is due mainly to the fact that they have smaller budgets for cloud migrations.
In 2021, ** percent of government IT decision makers respondent that security is a main barrier to cloud adoption for mission critical workloads. Among all respondents surveyed, security remains a top concern. Other issues are cost and reliability.
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Cloud Security Statistics: Cloud computing can bring many benefits to companies. However, they are also susceptible to being ruined because of the inability to ensure the proper security of information and privacy protections when using cloud computing. This in turn results in higher costs and potential losses to businesses. We will explore more details regarding Cloud Security Statistics in this report. Cloud adoption has risen dramatically over the last few years. Although many organizations were already in the cloud the COVID-19 outbreak has helped accelerate this transition. With the widespread use of remote work, organizations are required to provide support and essential services to their remote workforce. In the end, more than 90% of companies employ some form of cloud-based infrastructure. In addition, more than three-quarters (76 percent) are using multi-cloud deployments made up of at least two cloud service providers. These cloud environments host crucial applications for business and also protect sensitive customer and company information. With the shift to cloud computing comes an increased necessity to collect Cloud Security Statistics. Cloud-hosted applications need to be secured against attacks and cloud-hosted information must be secured against unauthorized access as per the applicable laws. Cloud environments are in a significant way from the on-prem infrastructure this means that the traditional security tools and methods don't always work when working in the cloud. In the end, many companies are confronted with major issues when it comes to securing their cloud-based infrastructure. Editor’s Choice 60% of global corporate data are stored on the cloud. 94% of businesses globally use one or more cloud computing services. It is estimated that the global Cloud Security Statistics market is projected to expand from $480 billion in 2022 to $2.297 trillion by 2032. With 32 percent, Amazon AWS owns the largest market share in cloud computing. 39% of businesses said they've been the victim of data breaches in their cloud environments. The amount of public money spent on cloud computing services is forecast to hit $597.3 billion by 2023. This will increase by 21.7 percent. 92% of companies have embraced a multi-cloud strategy. The market for cloud-based technology is predicted to reach $ 864 billion in 2025. It is expected to grow at an annual rate of 12.8 percent per year. Global storage of data will be greater than 200 Zettabytes of data by 2025. In 2025, more than 100 zettabytes of data are expected to remain in cloud storage. (Cloudwards) 89% of businesses have a multi-cloud strategy. (Flexera) 71 percent of Americans use cloud storage such as Dropbox as well as iCloud. (Statista) 48% of data from companies is stored in the cloud. (Panda Security) The market for cloud computing by 2020 is $371.4 billion. (Globe Newswire) Spending by end-users worldwide on public cloud services is expected to increase by 23.1 percent in 2021. (Gartner) With 83% of cloud users, security is the most frequent issue in cloud adoption. (Cloudwards) 52% of businesses want cloud-based solutions that include security tools. (Cloudwards)
Nearly ** percent of Estonian enterprises have purchased cloud computing services in 2023, the most among CEE countries. In 2024, data was only available for Croatia and Hungary, with ***** percent of Hungarian enterprises having purchased cloud computing services, compared to ** percent of Croatian companies.
In 2021, 50 percent of respondents indicated that their implementation strategy for public cloud services was designating nearly all of their cloud budget to one provider, while 45.3 percent stated that they spent their budget on two cloud service providers.
What will the Cloud Services Brokerage Market Size be During the Forecast Period?
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Cloud Services Brokerage Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The access to expertise is notably driving the cloud services brokerage market growth, although factors such as latency in the cloud network may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cloud services brokerage industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Cloud Services Brokerage Market Driver
One of the key factors driving the cloud services brokerage market growth is the access to expertise. Cloud, as a concept and technology, is relatively new in the IT industry, and all enterprises are not aware of the benefits of the technology. However, in the recent past, several enterprises across the world had adopted cloud and hybrid deployment models. However, without the required expertise in cloud management, many enterprises are not being able to realize the full benefits of cloud services. Cloud services brokers, being erudite in their field, reduce the barriers associated with the adoption of cloud services by enabling enterprises to effectively and efficiently understand and manage the cloud. The transformation from the traditional method of data storage to the cloud involves several processes and technical interfaces. The brokers manage and customize services in the cloud due to their knowledge and skill, which are required to understand advances in technology. Sometimes, they also evaluate services from different CSP and enable enterprises to understand the use of cloud services to encourage digital innovation.
Key Cloud Services Brokerage Market Trend
Another key factor driving the cloud services brokerage market growth is the customization of cloud features. Enterprises require the services of CSPs for different functions. Hence, they require customization, such as a combination of aggregation and integration with other value-added services. Cloud services brokers provide the option of customization using open-source projects such as CompatibleOne. OpenText Cordys, which is a set of proprietary software tools dedicated to the customization of cloud brokering platforms, can also be used. VerioCatalyst, which is a platform with a layered architecture, can also be used for customization. VerioCatalyst offers a service provisioning system, an administration platform, and a retail interface. It has payment and product bundling capabilities. The customization of cloud services offers unique purpose-oriented platforms such as Virtacore, a company that specializes in disaster recovery and Google Apps. Some companies make an additional effort into a specific differentiating feature. For instance, Green Cloud Technologies uses technologies such as VMware, NetApp, and Cisco and focuses on answering a specific and custom client need. However, security and trust optimization aspects have not been addressed sufficiently.
Key Cloud Services Brokerage Market Challenge
Latency in the cloud network is one of the key challenges hindering the cloud services brokerage market growth during the retrieval of information from the public cloud infrastructure. The latency in a cloud network is less predictable and further complicated to measure. Tools for measuring latency, such as Ping and Traceroute, are usually not used. There are multiple factors for latency, such as distributed computing, virtualization, and prioritizing traffic. When the cloud environment is larger, i
As of 2024, ** percent of the enterprise respondents indicated that they have deployed a hybrid cloud in their organization. The migration to hybrid cloud solutions generally happens at the expense of operating single private and public clouds. Hybrid clouds merge public and private clouds A hybrid cloud solution basically merges public and private clouds. Private clouds offer a dedicated cloud infrastructure to a single company and can either be managed by the company itself or by a third-party service. Public clouds, on the other hand, are managed by service providers such as AWS or Microsoft Azure who rent out a part of their distributed data center infrastructure to customers. Hybrid cloud strategies provide flexibility A hybrid cloud solution combines public and private clouds to provide businesses with greater flexibility to move workloads between clouds to suit their needs. Additionally, hybrid cloud services can give businesses more control over their data, as well as offer the opportunity to store sensitive data in a private cloud and run enterprise applications on a public cloud.
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Technavio’s market research report identifies that the growing use of learning analytics will be one of the primary growth drivers for the global cloud computing market in education sector till 2021. The popularity of third platform technologies such as cloud computing, mobile computing, and big data is growing in the education sector. Various educational institutions are keeping track of student performance and are identifying key improvement areas by employing business intelligence (BI) in the analysis of collected data on various cloud platforms. This helps them develop personalized learning for students and enhance student or faculty retention ratios. Cloud-based learning analytics or cloud analytics helps educators to track the digital footprints of students to analyze pupil activities. This in turn, is anticipated to boost the demand for cloud computing in the education sector. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 26% by 2021.
North America is witnessing a rising enrollment in K-12 schools and universities. The popularity of cloud computing technologies will continue to increase in the region due to the presence of adequate IT infrastructure and a large number of educational institutions that are adopting modern methods of learning. This modern method of learning includes project-based, experiential, blended learning, and game-based learning.
The cloud computing market in the education sector is highly fragmented due to the presence of various regional and international vendors. International vendors are entering strategic partnerships with local vendors to strengthen their product portfolio. The competitive environment of the market will intensify because established cloud computing companies are coming up with new products to promote their solutions.
Key vendors in this market are -
Other prominent vendors in the market include Dell EMC, Instructure, Microsoft, NetApp, Oracle, Salesforce, and SAP.
Software as a service (SaaS) segment contributed to the maximum market shares during 2016 due to several benefits associated with SaaS such as simplified administration, elastic scalability, and location independence or mobility. The
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The global Cloud Network Integrated Data Center market size was valued at USD 34.5 billion in 2021 and is projected to grow from USD 47.2 billion in 2023 to USD 135.5 billion by 2033, exhibiting a CAGR of 12.2% during the forecast period. The growth of the market is attributed to the increasing adoption of cloud computing services, the need for improved network performance, and the proliferation of IoT devices. The key drivers of the Cloud Network Integrated Data Center market include the increasing adoption of cloud computing services, the need for improved network performance, and the proliferation of IoT devices. The growing popularity of cloud computing services has led to an increased need for data center infrastructure that can support the demanding workloads of cloud applications. Additionally, the need for improved network performance is driving the adoption of cloud network integrated data center solutions that can provide consistent and reliable connectivity to cloud applications. Furthermore, the proliferation of IoT devices is also contributing to the growth of the market, as these devices require a reliable and scalable network infrastructure to support their data transmission and processing needs.
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The North America mobile cloud market is experiencing robust growth, projected to reach a substantial size by 2033. Driven by the increasing adoption of smartphones and mobile devices, coupled with the rising demand for seamless connectivity and cloud-based services across diverse sectors, the market is poised for continued expansion. Key drivers include the proliferation of mobile applications, the need for enhanced data security and scalability, and the increasing preference for flexible, on-demand computing resources. Industries like gaming, finance, and entertainment are leading adopters, leveraging mobile cloud solutions to improve operational efficiency, enhance customer experiences, and gain a competitive edge. The enterprise segment holds significant market share, driven by the large-scale deployment of mobile cloud infrastructure for business operations and collaboration. While the market faces certain restraints, including concerns about data privacy and security, and the need for robust network infrastructure, these challenges are being actively addressed by technological advancements and regulatory frameworks. The continued integration of 5G technology, further advancements in cloud security protocols, and the development of sophisticated mobile applications will significantly propel market growth throughout the forecast period (2025-2033). The market's segmentation highlights the diverse applications of mobile cloud technology. The United States, being a technologically advanced nation with a large mobile user base, dominates the North American market. Canada, while smaller in size, also showcases significant growth potential due to its increasing digitalization initiatives and investments in infrastructure. Key players like Amazon Web Services, Google Cloud, Microsoft Azure, and Salesforce are actively competing in this dynamic landscape, continually innovating and expanding their service offerings to cater to the evolving needs of their diverse customer base. The competitive landscape is characterized by both intense rivalry and collaboration, with companies forging strategic partnerships to enhance their market reach and provide comprehensive cloud solutions. The forecast period suggests a sustained high CAGR, indicating significant future growth opportunities for market participants and investors. This report provides a comprehensive analysis of the North America Mobile Cloud Market, offering invaluable insights for businesses seeking to capitalize on this rapidly expanding sector. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. This report leverages a robust methodology, incorporating historical data (2019-2024), current market estimations (2025), and future projections (2025-2033) to deliver a detailed understanding of market dynamics. The market is segmented by user type (enterprise, consumer), end-user industry (gaming, finance & business, entertainment, education, healthcare, travel, others), and geography (United States, Canada). Key players like Akamai Technologies Inc, IBM Corporation, Google LLC, Salesforce com Inc, Microsoft Corporation, Cloudways Ltd, Amazon Web Services Inc, Oracle Corporation, Kony Inc, and SAP SE are profiled, offering competitive landscaping insights. This report is crucial for strategic decision-making, investment planning, and understanding the future trajectory of the North America mobile cloud market, valued at billions of dollars. Recent developments include: In December 2021, Verizon and Google Cloud announced their collaboration to bring the power of the cloud closer to mobile and connected devices at the edge of Verizon's network. The Verizon 5G Edge and Google Distributed Cloud Edge plan to bring Google's compute and storage services to the edge of the local network, enabling the bandwidth and low latency needed to support real-time enterprise applications like autonomous mobile robots, intelligent logistics, and factory automation., In January 2021, Mastercard partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), an IT Services provider. Cloud Tap on Phone is one of MasterCard's innovative next-generation acceptance products, with the software hosted on Microsoft's Azure cloud platform.. Key drivers for this market are: Development in IT Infrastructure in the Emerging Countries, Advancing Internet Connectivity. Potential restraints include: Concerns Associated With Data Security. Notable trends are: The Healthcare Industry is Expected to Witness Significant Growth in the Market.
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The global cloud infrastructure services market is projected to grow from $143.21 billion in 2025 to $449.25 billion by 2033, at a CAGR of 15.27% during the forecast period. The market is primarily driven by the increasing adoption of cloud computing services across various industries and the growing need for efficient and cost-effective infrastructure solutions. Additionally, the market is witnessing significant growth due to the proliferation of mobile devices, the Internet of Things (IoT), and big data applications. Key trends in the market include the adoption of hybrid and multi-cloud strategies, the rise of serverless computing, and the growing importance of data security and compliance. The key segments of the cloud infrastructure services market are services, deployment, and verticals. In terms of services, the market is divided into infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). In terms of deployment, the market is divided into public, private, and hybrid cloud deployments. In terms of verticals, the market is divided into banking, financial services, and insurance (BFSI), manufacturing, retail, energy, logistics, and research and development. The major companies operating in the global cloud infrastructure services market are Microsoft Corporation, Fujitsu Limited, International Business Machines Corporation, Cisco Systems Inc., VMware Inc., Oracle Corporation, Google Inc., and Hewlett-Packard Enterprise. The market is highly competitive, with key players focusing on innovation, partnerships, and strategic acquisitions to gain market share. Recent developments include: Dec 2022 Avalanche announced its partnership with Alibaba Cloud to develop tools that allow users to launch validator nodes on Avalanche's public blockchain platform in Asia. The partnership would let Avalanche developers use Alibaba Cloud's plug-and-play Infrastructure to launch new validators., June 2022 VMware, Inc. announced the launch of VMware vSAN+ and VMware vSphere+ to support organizations by bringing the benefits of the cloud to their existing on-premises Infrastructure without disrupting their workloads or hosts., October 2021 Expedient, a cloud computing solution, and data center infrastructure provider, announced an opening of a new data center in Milwaukee, United States. The new data center is expected to help the company to serve better, increasing customer demand for its cloud-based, Infrastructure as a Service (IaaS) offerings in the central United States..
In 2018, the size of the cloud computing market in China increased by approximately ** percent compared to the previous year. The SaaS, IaaS, and PaaS markets are the three pillars of the cloud computing market in China.
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The North American mobile cloud market is experiencing robust growth, driven by the increasing adoption of smartphones and tablets, the proliferation of mobile applications, and the rising demand for seamless connectivity and data accessibility. The market's Compound Annual Growth Rate (CAGR) of 28% from 2019 to 2024 suggests a significant expansion, projected to continue through 2033. Key drivers include the need for enhanced scalability and flexibility in IT infrastructure, the growing preference for cloud-based services over on-premise solutions, and the increasing adoption of mobile-first strategies by businesses across various sectors. The market segmentation reveals a strong presence across diverse end-user industries, including gaming, finance, entertainment, education, healthcare, and travel. Enterprise users represent a major segment, reflecting the significant investment by organizations in mobile cloud solutions to improve operational efficiency and employee productivity. The United States, given its advanced technological infrastructure and large mobile user base, constitutes the largest market share within North America. Competitive intensity is high, with major players like IBM, Amazon Web Services, Google, Oracle, Microsoft, and Salesforce vying for market dominance through continuous innovation and strategic partnerships. The forecast period (2025-2033) anticipates sustained growth, fueled by ongoing technological advancements like 5G deployment and the development of more sophisticated mobile applications. However, potential restraints include concerns regarding data security and privacy, the need for robust cybersecurity measures, and the challenges of managing diverse mobile devices and operating systems. Despite these challenges, the market's trajectory indicates a positive outlook, with continued expansion across all segments and regions within North America. The substantial investment in research and development by leading technology companies ensures that solutions will adapt to address the evolving needs of businesses and consumers alike, further driving market growth in the coming years. Recent developments include: In December 2021, Verizon and Google Cloud announced their collaboration to bring the power of the cloud closer to mobile and connected devices at the edge of Verizon's network. The Verizon 5G Edge and Google Distributed Cloud Edge plan to bring Google's compute and storage services to the edge of the local network, enabling the bandwidth and low latency needed to support real-time enterprise applications like autonomous mobile robots, intelligent logistics, and factory automation., In January 2021, Mastercard partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), an IT Services provider. Cloud Tap on Phone is one of MasterCard's innovative next-generation acceptance products, with the software hosted on Microsoft's Azure cloud platform.. Key drivers for this market are: Development in IT Infrastructure in the Emerging Countries, Advancing Internet Connectivity. Potential restraints include: Development in IT Infrastructure in the Emerging Countries, Advancing Internet Connectivity. Notable trends are: The Healthcare Industry is Expected to Witness Significant Growth in the Market.
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Upon thorough cloud migration services market analysis and research, the following factors has been identified as the critical market trends during the forecast period 2021-2025:
adoption of container-as-a-service solutionsRise in the adoption of hybrid cloud solutionsAdoption of virtual technologies
The cloud migration services market report also provides several other key information including:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive cloud migration services market growth during the next five years
Precise estimation of the cloud migration services market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the cloud migration services market industry across North America, Europe, APAC, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of cloud migration services market vendors
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Cloud Computing Market Growth | Industry Analysis, Size & Forecast Report
Dataset updated: Jun 27, 2024
Dataset authored and provided by: Mordor Intelligence
License: https://www.mordorintelligence.com/privacy-policy
Time period covered: 2019 - 2029
Area covered: Global
Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast
Description: The Cloud Computing Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.44 trillion by 2029, growing at a CAGR of 16.40% during the forecast period (2024-2029).
Report Attribute
Study Period | 2019-2029 |
Market Size (2024) | USD 0.68 Trillion |
Market Size (2029) | USD 1.44 Trillion |
CAGR (2024 - 2029) | 16.40% |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD
Regions and Countries Covered:
North America | United States, Canada |
Europe | Germany, United Kingdom, Italy, France, Russia, and Rest of Europe |
Asia-Pacific | India, China, Japan, South Korea, and Rest of Asia-Pacific |
Latin America | Brazil, Mexico, Argentina, and Rest of Latin America |
Middle East and Africa | Brazil, Mexico, Argentina, and the Rest of Middle East and Africa |
Industry Segmentation Covered:
By Cloud Computing: IaaS, SaaS, PaaS
By End-User: IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare, Media and Entertainment
Market Players Covered: Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce
The use of cloud computing services among travel agencies, tour operators, and related activities in the European Union (EU-27) increased from 2021 to 2023. Overall, around *** in ten travel agencies and similar enterprises in the EU reported buying cloud computing services used over the internet in 2023. Meanwhile, roughly ** percent of surveyed companies mentioned having bought emails as cloud computing services that year.
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The size of the Data Virtualization Market was valued at USD 8.019 Billion in 2023 and is projected to reach USD 26.72 Billion by 2032, with an expected CAGR of 18.76% during the forecast period. The data virtualization market has seen significant growth due to the rising demand for efficient data management solutions across industries. This technology enables organizations to access, manage, and analyze data from disparate sources without the need for physical data movement. By providing a unified view of data, data virtualization enhances decision-making processes and operational efficiency. The market's expansion is driven by the increasing adoption of cloud-based solutions, the surge in big data analytics, and the need for real-time data integration. Key industries such as healthcare, finance, and retail are leveraging data virtualization to improve insights and streamline operations. Furthermore, the growing emphasis on digital transformation and the adoption of advanced technologies like artificial intelligence and machine learning are propelling the demand for data virtualization solutions. Market players are focusing on innovation to address challenges like data security and compliance, which are critical concerns for enterprises. With advancements in technology and the ongoing demand for seamless data integration, the data virtualization market is expected to continue its upward trajectory in the coming years.Data Virtualization Market Concentration & CharacteristicsThe data virtualization market is characterized by a high level of concentration, with a few major players dominating the market share. These players include IBM Corporation, SAP SE, Dell Corporation, Microsoft Corporation, and VMware Inc. The market is also characterized by a high level of innovation, with new technologies emerging constantly.Key Data Virtualization Market Trends Highlighted1. Increasing adoption of cloud-based data virtualization solutionsThe cloud-based data virtualization market is expected to grow at a rapid pace in the coming years, as enterprises increasingly adopt cloud computing solutions. Cloud-based data virtualization solutions offer several advantages, such as scalability, flexibility, and reduced costs.2. Growing demand for data virtualization solutions in various industry verticalsData virtualization solutions are finding increasing adoption in various industry verticals, such as manufacturing, healthcare, BFSI, and research and academia. Data virtualization solutions help organizations in these verticals to improve their data management practices and gain insights from their data.3. Emergence of new technologies, such as artificial intelligence (AI) and machine learning (ML)The emergence of new technologies, such as AI and ML, has had a significant impact on the data virtualization market. These technologies are enabling data virtualization solutions to become more intelligent and automated, which is making them more user-friendly and accessible for organizations of all sizes.Key Region or Country & Segment to Dominate the MarketThe North America region is expected to dominate the data virtualization market in the coming years, due to the presence of a large number of technology companies and a high level of adoption of cloud computing solutions.The manufacturing industry is expected to be the largest vertical for data virtualization solutions in the coming years, due to the increasing need to manage and analyze large volumes of data.Data Virtualization Market Product InsightsThe data virtualization market is segmented based on component, deployment mode, organization, and vertical.Component: The component segment is divided into standalone software, data integration solution, and application tool solution.Deployment Mode: The deployment mode segment is divided into cloud and on-premises.Organization: The organization segment is divided into large enterprises and SMEs.Vertical: The vertical segment is divided into manufacturing, healthcare, BFSI, research and academia, media and entertainment, retail and e-commerce, government and defense, telecom and IT, and others.Driving Forces: What's Propelling the Data Virtualization MarketThe increasing need for organizations to manage and analyze large volumes of dataThe growing adoption of cloud computing solutionsThe emergence of new technologies, such as AI and MLThe increasing demand for data virtualization solutions in various industry verticalsChallenges and Restraints in Data Virtualization MarketThe high cost of data virtualization solutionsThe lack of skilled professionals to implement and manage data virtualization solutionsThe security and privacy concerns associated with data virtualization solutionsEmerging Trends in Data Virtualization MarketThe integration of AI and ML into data virtualization solutionsThe development of new data virtualization solutions that are more user-friendly and accessibleThe increasing adoption of data virtualization solutions in new industry verticalsGrowth Catalysts in Data Virtualization IndustryThe growing adoption of cloud computing solutionsThe increasing need for organizations to manage and analyze large volumes of dataThe emergence of new technologies, such as AI and MLThe increasing demand for data virtualization solutions in various industry verticalsKey Companies in the Data Virtualization Market IncludeIBM CorporationSAP SEDell CorporationMicrosoft CorporationVMware Inc.Red Hat Inc.Fujitsu LimitedCisco Systems, Inc.Citrix Systems, Inc.Oracle CorporationRecent developments in Data VirtualizationDecember 2021: At SAP .iO Fondary Banglore, AP SE announced the release of a new digital startup software aimed at the future of automobiles. A team of SAP specialists, partners, and clients in India selected five businesses to participate in the cohort.January 2022: Integral Technology Solutions, a top Australian technology solution and digital experience company, started a strategic partnership with the market leader in data virtualization software Denodo. Integral’s collaboration with Denodo strengthens its capability to simplify multifaceted technology challenges for its customers, resulting in outstanding user experiences that boost employee and customer satisfaction.Comprehensive Coverage Data Virtualization Market ReportThis report provides a comprehensive overview of the data virtualization market, including market size, segmentation, trends, growth catalysts, and challenges. The report also provides profiles of the key players in the market. Recent developments include: December 2021: At SAP .iO Fondary Banglore, AP SE announced the release of a new digital startup software aimed at the future of automobiles. A team of SAP specialists, partners, and clients in India selected five businesses to participate in the cohort., January 2022: Integral Technology Solutions, a top Australian technology solution and digital experience company, started a strategic partnership with the market leader in data virtualization software Denodo. Integral’s collaboration with Denodo strengthens its capability to simplify multifaceted technology challenges for its customers, resulting in outstanding user experiences that boost employee and customer satisfaction.. Key drivers for this market are: The increasing need for organizations to manage and analyze large volumes of data The growing adoption of cloud computing solutions The emergence of new technologies, such as AI and ML The increasing demand for data virtualization solutions in various industry verticals. Potential restraints include: The high cost of data virtualization solutions The lack of skilled professionals to implement and manage data virtualization solutions The security and privacy concerns associated with data virtualization solutions. Notable trends are: The integration of AI and ML into data virtualization solutions The development of new data virtualization solutions that are more user-friendly and accessible The increasing adoption of data virtualization solutions in new industry verticals.
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The size of the United States EHR Cloud Computing market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 11.58% during the forecast period.The United States EHR Cloud Computing Market is designed to take full advantage of the cloud for the hosting and managing of EHRs. The Electronic Health Record cloud computing platform facilitates remote access, through secure internet, to patient information, medical images, and all other critical data; this has further improved access, collaboration, and even remote monitoring and telemedicine between healthcare providers. Key drivers of this market include increasing adoption of cloud computing in healthcare, government initiatives that promote EHR adoption, and the growing need for interoperability and data exchange. Recent developments include: May 2022 - Geisinger has chosen Amazon Web Services as its cloud vendor for EHR deployment. The health system based in Danville, Pennsylvania, will migrate its entire digital portfolio of over 400 applications and numerous workflows to AWS., November 2021 - EverCommerce Inc. announced the acquisition of DrChrono Inc., a California based company. DrChrono provides a cloud-based EHR, practice management, and billing solution to improve the knowledge, interaction, and personalization of healthcare. The business will modernize patient engagement while enhancing administrative and provider workflows.. Key drivers for this market are: Cloud computing improves data storage, flexibility, scalability, and collaboration for the EHR cloud computing, COVID-19 has led to an increase in the use of EHR, e-prescribing, telemedicine, mobile health, and other healthcare IT systems; Rising demand for centralization of healthcare administration on cloud system. Potential restraints include: , Growing Use and Reliability of Bio-metric Authentication. Notable trends are: Government initiatives to boost healthcare IT usage.
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The global Software Defined Data Center (SDDC) market is estimated to reach $66.77 billion by 2033, growing at a CAGR of 19.43% during the forecast period (2023-2033). The market is driven by the increasing demand for data center flexibility, scalability, and efficiency. SDDC enables organizations to define and manage their data center resources through software, providing greater control over infrastructure and reducing operating costs. Key market trends include the adoption of multi-cloud and hybrid cloud deployments, the growing popularity of DevOps and agile methodologies, and the increasing availability of managed services. Major players in the market include VMware Inc., EMC Corporation, IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Hitachi, Ltd., Fujitsu, Ltd., NEC Corporation, Citrix Systems, and HPE Co. The market is segmented by solution (SDC, SDS, SDN), services (managed, consulting, assessment), vertical (BFSI, retail, IT, healthcare, government), and region (North America, South America, Europe, Middle East & Africa, Asia Pacific). The global software-defined data center (SDDC) market size is expected to grow from USD 33.6 billion in 2022 to USD 91.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 22.5% during the forecast period. The growth of the SDDC market is attributed to the increasing adoption of cloud computing, the need for greater agility and flexibility in IT infrastructure, and the growing popularity of software-defined networking (SDN) and software-defined storage (SDS). Recent developments include: June 2021: NTT Limited introduced updated worldwide data center interconnect network services for optimizing hybrid cloud systems in June 2021, based on advanced SDN technology. A worldwide unified networking fabric solution that allows NTT's global data centers and major cloud service suppliers to connect confidentially and safely., April 2021: IBM Corporation introduced an upgraded storage solution in April 2021 that improved data accessibility and availability throughout the hybrid cloud. The company expects to release innovative container-native SDS technologies to help enterprises boost data availability throughout complex hybrid clouds for better company efficiency and resilience., Cisco and Microsoft strengthened their networking agreements to make it easier for IT to directly link branches to Microsoft Azure Virtual WAN. Cisco SD-WAN is going to be hosted in Microsoft Azure.. Potential restraints include: Security And Data Privacy Concerns 26.
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The global IoT Cloud Platform market is projected to grow from USD 3,198.9 million in 2025 to USD 12,933.1 million by 2033, at a CAGR of 17.4% during the forecast period. The growth of the IoT Cloud Platform market is driven by the increasing adoption of IoT devices, the growth of cloud computing, and the need for data analytics. The private deployment model is the largest segment of the IoT Cloud Platform market. This segment is expected to grow at a CAGR of 16.5% during the forecast period. The public deployment model is the second largest segment of the IoT Cloud Platform market. This segment is expected to grow at a CAGR of 18.1% during the forecast period. The hybrid deployment model is the smallest segment of the IoT Cloud Platform market. This segment is expected to grow at a CAGR of 15.7% during the forecast period. The industrial automation application is the largest segment of the IoT Cloud Platform market. This segment is expected to grow at a CAGR of 16.4% during the forecast period. The connected traffic application is the second largest segment of the IoT Cloud Platform market. This segment is expected to grow at a CAGR of 17.9% during the forecast period. The health care application is the third largest segment of the IoT Cloud Platform market. This segment is expected to grow at a CAGR of 18.5% during the forecast period. The Internet of Things (IoT) is a network of physical devices that are connected to the internet and can collect and exchange data. IoT cloud platforms provide a way to connect, manage, and analyze data from IoT devices. The IoT cloud platform market is a rapidly growing market. In 2021, the market was valued at $28.5 billion. It is projected to grow to $151.1 billion by 2029, with a compound annual growth rate (CAGR) of 24.4%. The growth of the IoT cloud platform market is being driven by the increasing number of IoT devices, the need for better data management and analytics, and the growing adoption of cloud computing. IoT cloud platforms are essential for businesses that want to take advantage of the IoT. They provide a way to connect, manage, and analyze data from IoT devices, which can help businesses to improve their operations, make better decisions, and create new products and services. The IoT cloud platform market is a complex and competitive market. There are a number of different vendors that offer IoT cloud platforms. The leading vendors include Amazon Web Services (AWS), Google Cloud Platform (GCP), IBM, Microsoft, and Salesforce. These vendors offer a variety of IoT cloud platforms that are designed to meet the needs of different businesses. Businesses should carefully evaluate the different platforms before selecting one.
In 2021, ** percent of respondents from large enterprises indicated having already adopted multi cloud. Notably, smaller businesses are lagging behind in terms of multi cloud adoption. This is due mainly to the fact that they have smaller budgets for cloud migrations.