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Cloud Services Market to Rise with a Notable Growth by 2020

Strong growth is anticipated within the varied segments of cloud services market such as infrastructure as a service (IaaS), software as a service (SaaS), platform as a service (PaaS), business process as a service (BPaaS), cloud advertisement services, and cloud management & security services. Cloud advertising services will be the largest segment followed BPaaS with about 47% and 28% market share respectively in 2013. The cloud management & security services will be the fastest growing segment at a CAGR of 28.4% during the forecast period.

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Cloud Services Market to Rise with a Notable Growth by 2020

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Cloud Services Market Global Opportunity Analysis and Industry Forecast, 2013-2020

  2. Introduction • The global cloud services market is expected to reach $555 billion by 2020, growing at a CAGR of 17.6% during the forecast period 2014‐2020 • Strong growth is anticipated within the varied segments of cloud services market such as infrastructure as a service (IaaS), software as a service (SaaS), platform as a service (PaaS), business process as a service (BPaaS), cloud advertisement services, and cloud management & security services • Cloud advertising services will be the largest segment followed BPaaS with about 47% and 28% market share respectively in 2013 • Substantial increase in the number of small and medium enterprises will eventually lead to the increased adoption of cloud services • North America region being the early adopter of these services holds the highest market share throughout the analysis period

  3. Key Factors of the Market • The use of cloud computing technology not only provides cost benefits but also makes data accessible to all devices in the network at any time and from any location • The cloud, from an exploratory potential option, has now grown to become the undeniable part of organizations' overall IT portfolio • Cloud services segment has greatly emerged as companies in cash crunch required cost-effective solutions with minimum to zero investment and reduced management of IT resources • The community cloud services segment is gaining momentum and is expected to garner revenue of $1 billion this year, thanks to its adoption in healthcare segment

  4. Top Impacting Factors of Cloud Services Market Get PDF Brochure of this Market Study @ https://www.alliedmarketresearch.com/request-sample/393

  5. Key Benefits of the Market • Strong growth is anticipated within the varied segments of cloud services market such as infrastructure as a service (IaaS), software as a service (SaaS), platform as a service (PaaS), business process as a service (BPaaS), cloud advertisement services, and cloud management & security services • Cloud advertising services will be the largest segment followed BPaaS with about 47% and 28% market share respectively in 2013 • The cloud management & security services will be the fastest growing segment at a CAGR of 28.4% during the forecast period • Public cloud hold prominent share of the market through 2020 and is expected grow at a CAGR of 16.4% during the forecast period • Economic benefits from cloud services acts as the key driving factors in developing countries of Asia Pacific

  6. Market Segmentation

  7. Top strategies in cloud computing services market For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/393

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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