How Covid-19 Impacted Boost in cloud computing market share:
Right time to know about cloud computing market share: This report focuses on the global Cloud Computing Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cloud Computing Services development in United States, Europe and China.
Cloud Computing is the practice of sharing a network of remote servers which are hosted on the Internet to store, process, and manage data rather than on a local server or a personal computer. It specifically refers to a common storage space through which all the devices in the network can access data simultaneously. The use of Cloud computing technology not only gives cost benefits but also makes applications accessible to all devices in the network at any time and from any location.
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The major services provided by cloud computing technology are Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). IaaS is most basic cloud computing model which provides physical or virtual machines and other resources. PaaS cloud providers deliver a computing platform such as operating system. Finally, SaaS cloud provides access to application software and databases.
Infrastructure as a Service:
Infrastructure as a service are online services that provide high-level APIs used to dereference various low-level details of underlying network infrastructure like physical computing resources, location, data partitioning, scaling, security, backup.
Platform as a Service (PaaS):
Platform as a service or application platform as a service or platform-based service is a category of cloud computing services that provides a platform allowing customers to develop, run, and manage
Software as a Service (SaaS):
Software as a service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as “on-demand software”, and was formerly referred to as “software plus services” by Microsoft
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New data from Synergy Research Group shows that across seven key cloud service and infrastructure market segments, operator and vendor revenues for the first half of 2019 passed the $150 billion milestone, having grown by 24% from the first half of 2018.
Worldwide IT spending is projected to total $3.79 trillion in 2019, an increase of 1.1 percent from 2018, according to the latest forecast by Gartner, Inc.
The key players covered in this study
Market segment by Type, the product can be split into
• Software as a Service (SaaS)
• Platform as a Service (PaaS)
• Infrastructure as a Service (IaaS)
• Everything as a Service (XaaS)
Market segment by Application, split into
• Cloud IoT Services
• Carrier Cloud Services
Market segment by Regions/Countries, this report covers
• United States
• Southeast Asia
• Central & South America
The study objectives of this report are:
• To analyze global Cloud Computing Services status, future forecast, growth opportunity, key market and key players.
• To present the Cloud Computing Services development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
Time to look at best suited and related report:
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- Global Cloud Computing Market 2020 with Emerging Trends & Forecast To 2025
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