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Growth in Cloud Computing Services is driven by Demand in Developed Nations

05-14-2018 12:03 PM CET | IT, New Media & Software

Press release from: P&S Market Research

Growth in Cloud Computing Services is driven by Demand

Global cloud computing services market is expected to gain acceptance and become a key element in delivering IT services because of the growing need for fast and flexible IT systems and significant advantages which cloud offers compared to traditional on-premises data center services. Cloud computing service is the practice of using a network of remote servers hosted on the internet to manage, store and process data, rather than a local server or a personal computer. It can also be defined as the delivery of on-demand computing resources, everything from applications to data centres over the internet on a pay-for-use basis.

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A major trend observed in the cloud computing services market is the use of containers for a private view of the application. Containers offer private process ID space, file system structure, network interfaces, isolated resources and restricted services (a definite amount of resources such as CPU, memory and I/O). Containers are more efficient competitors to hardware virtualization, and many Platform as a Service (PaaS) implementations, including Heroku, CloudFoundry, OpenShift and dotCloud, use containers. Additionally, some of the private cloud, Infrastructure as a Service (IaaS) implementations, such as Cloudstack and OpenStack, offer support for containers. So, containers are a feasible new type of virtualization that is expected to grow and influence the direction of cloud computing services market.

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The growth in cloud computing services is driven by demand in developed nations in Western markets, such as Europe and North America. The developing nations are slowly adopting the concept of cloud computing, and are expected to drive the growth of cloud computing services in the later part of the decade.

Some of the competitors in the cloud computing services market are Rackspace Hosting Inc., Red Hat Inc., salesforce.com, VMware Inc., Novell Inc., OpSource Inc., Oracle Corporation, Joyent, Inc., International Business Machines Corp. (IBM) and NetSuite Inc. With several newcomers, such as Enomaly Inc., GoGrid LLC and AT&T,

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports; business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication.  Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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