Cloud Services Market Global Briefing 2018

Cloud Services Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 36 | Published : January 2018

SKU CODE : 2703 | Format :

Cloud computing has significantly grown in popularity as new models have emerged and developed to meet different needs of users. Each type segment offers different levels of control, flexibility, and management. These division of cloud services are Infrastructure as a Service, Platform as a Service and Software as a Service.

North America was the largest region in the cloud services market in 2017, accounting for around 58% market share. Asia Pacific was the second largest region accounting for around 18% market share. Eastern Europe was the smallest region accounting for around 0.3% market share.

With growth and technological advances in the cloud industry, companies are witnessing a growing demand of hybrid cloud model. In 2016, hybrid cloud adoption rose from 58% to 71% year-over-year. Hybrid cloud services claim to meet an organization’s regulatory norms while also benefiting from the economies of the cloud. They also welcome organizations into the cloud world without drastically changing their approaches. Since hybrid clouds limit the costs of users, its demand has been growing among midsize enterprises.

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