Top 10 Cloud Technology Market

LONDON, Feb. 15, 2017 /PRNewswire/ -- Increasing demand for low total cost of ownership and increased spending on cloud-based technologies expected to drive the growth of the cloud technologies market during the forecast period
The market for top 10 cloud technologies is expected to grow at a significant rate between 2016 and 2021. This report covers the major cloud technologies such as hybrid cloud, cloud storage, cloud migration, cloud orchestration, Integration Platform-as-a-Service (iPaaS), Disaster Recovery-as-a-Service (DRaaS), multi cloud management, Video-as-a-Service (VaaS), cloud analytics, and Wi-Fi-as-a-Service, along with their market trends between 2016 and 2021.

"Rising demand for business agility and the need for lower CAPEX and OPEX driving the growth of the cloud migration services market"
The migration to cloud enables the organizations and businesses to move their computing assets such as applications, databases, infrastructure, platforms, and email on the cloud. It reduces the costs, speeds operations, and recovery, and manages other mission-critical tasks. Cloud migration is no longer a lengthy process and it also enables business continuity while migrating workload from the data center to the virtual environment. The major drivers of cloud migration services include faster deployment; scalability; agility, mobility, and business continuity; and lower total cost of ownership.

Businesses focus on lowering the total cost of ownership expected to boost the growth of the VaaS market during the forecast period
VaaS can help organizations handle varying video processing demands with great flexibility and agility while improving customer service. It also presents opportunities for companies that include mitigating the risk of launching new initiatives. Using VaaS, broadcasters can enhance offerings and extract unrealized revenue to make archived video footage available to customers, on demand. The increasing business demand for maximum agility, interoperability, and the rapid need to reduce the overall operational cost will make VaaS market a dominant model in the future. The VaaS market is a rapidly growing market. The demand for cloud-based video services is gaining major market traction as the enterprises need to establish face-to-face communication with their employees, clients, and customers in order to react to the chaning demands and trends in real-time. The main objective of companies for implementing VaaS is to derive operational efficiency by enhancing overall interoperability and by reducing the operational cost and sustain competition. Organizations require core competency in infrastructure and visualization to make data-driven and accurate real-time strategic decisions. It could be achieved by making investments in their IT infrastructure but cloud specific models need to be implemented in order to meet the business requirements over a period of time, so as to evolve as a strategic asset.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/top-10-cloud-technology-market-300408301.html

SOURCE ReportBuyer

[ Back To TMCnet.com's Homepage ]