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Cloud Services Global Market Report 2017
[February 28, 2017]

Cloud Services Global Market Report 2017


LONDON, Feb. 28, 2017 /PRNewswire/ -- 'cloud services' refers to delivery of information technology resources and applications on-demand through the Internet platform. Companies in the cloud services market provide access to servers, storage, databases and a broad set of application services managed by a hardware networking.


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The Americas was the x largest geographic region in the cloud services market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market. Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x illion, while Oceania accounted for x% of the global cloud services market.




Growing Demand of Hybrid Cloud - 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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