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Global public cloud market: 30% CAGR between 2012 and 2016

Press Release   •   Feb 25, 2013 11:06 GMT

The Global Public Cloud market is to grow at a CAGR of 29.96 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce overall expenditure on IT infrastructure. The Global Public Cloud market has also been witnessing the increasing availability of high bandwidth services. However, the privacy of data in the cloud infrastructure could pose a challenge to the growth of this market.

Many countries across the globe are witnessing the introduction of high bandwidth communication services such as 3G and 4G. With the increasing bandwidth support, advanced applications such as Gtalk, Skype, and BB Messenger are being widely used by end-users. These applications are supported over smartphones and tablets which creates a need for high-speed communication networks to be implemented. Many end-users are storing their data in the cloud infrastructure and accessing voice- and video-based applications, which is one of the major trends in the Global Public Cloud market.

Enterprises are experiencing increasing expenditure on IT infrastructure procurement and maintenance. They require huge capital expenditure for the procurement of infrastructure. Considerable expenditure is also needed on the maintenance of IT infrastructure, which forms the operational expenditure of enterprises. Cloud computing provides IT infrastructure and application support to enterprises at a lower cost than internal provisioning. Public cloud computing facilitates the IT infrastructure and application services at reduced prices through the internet.

The key vendors dominating this market space are Amazon.com Inc., Google Inc., Hewlett-Packard Co., IBM Corp., Microsoft Corp., Rackspace Inc., and Salesforce.com Inc. The other vendors mentioned in the report are VMware Inc., Red Hat Corp., Dell Inc., Citrix Systems Inc., CA Inc., Oracle Corp., CSC, BMC Software Inc., ATandT Corp., and EMC Corp.

For more information on the Global public cloud market, please click here: Global public cloud market

For more information on the Information Technology market, please click here: Information Technology Reports

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