Dublin, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/dq45b7/global_cloud) has announced the addition of the "Global Cloud Services Market (Service Type, Cloud Type, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020" report to their offering.
According to the new report titled "Global Cloud Services Market (Services, Type, End User and Geography) - Global Analysis, Industry Growth, Trends, Size, Share, Opportunities and Forecast, 2013-2020", the global cloud services market is expected to grow at a CAGR of 17.6% from 2014 to 2020, reaching a market size of $555 billion in 2020. In 2014, the overall cloud services market revenue will reach $209.9 billion, led by public cloud services. The community cloud services segment is gaining momentum and is expected to garner revenue of $1 billion this year, thanks to its adoption in healthcare segment.
Cloud computing market surged during recent economic slowdown; with the fact that over 35% of the IT cost can be saved with the adoption of the technology. Since then cloud services segment has greatly emerged as companies in cash crunch required cost-effective solutions with minimum to zero investment and reduced management of IT resources. Although, the cost and functional benefits such as scaling ability and multi-tenancy still driving much of the cloud services market growth, evolution of much value-creating productive solutions has become the current growth function of the market.
Key Topics Covered:
CHAPTER 1 INTRODUCTION
CHAPTER 2 MARKET OVERVIEW
CHAPTER 3 GLOBAL CLOUD SERVICES MARKET BY TYPE, 2013-2020 ($MILLION)
CHAPTER 4 GLOBAL CLOUD SERVICES MARKET BY CLOUD TYPE
CHAPTER 5 GLOBAL CLOUD SERVICES MARKET BY APPLICATION
CHAPTER 6 GLOBAL CLOUD SERVICES MARKET BY GEOGRAPHY
CHAPTER 7 COMPANY PROFILE
- Akamai Technologies
- Amazon web services
- Cisco systems
- Google Incorporation
- Hewlett Packard (HP)
- International Business Machine (IBM)
- Microsoft Corporation
- VM Ware
- Yahoo Incorporation
For more information visit http://www.researchandmarkets.com/research/dq45b7/global_cloud
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Source:Research and Markets