Press Release / Technology / Cloud Network Infrastructure Market Size, Segments, Growth and Trends by Forecast to 2023

Cloud Network Infrastructure Market Size, Segments, Growth and Trends by Forecast to 2023

Market Highlights:
The global cloud network infrastructure market is projected to witness a rapid growth during the forecast period. The growing demand for Cloud Network Infrastructure among small & medium size enterprises is fuelling the overall market.
 
The global cloud network infrastructure market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the Cloud Network Infrastructure market in North America region is expected to witness significant growth during the forecast period. Technologically advanced enterprises and demand for secure and standardized data storage are aiding the market in the region.
 
In the global Cloud Network Infrastructure Market, Asia Pacific is anticipated to grow at the highest CAGR during the forecast period as compared to other regions, owing to the growing outsourcing services with advanced technology implementation in IT, BFSI and automotive industry. Increasing e-commerce companies is expected to be the other key driver of cloud network infrastructure market.
 
The global cloud network infrastructure market is projected to reach USD 212 billion at a CAGR of over 14% by the end of the forecast period.
 
Major Key Players:

IBM Corporation (U.S.)
Hewlett-Packard (U.S.)
Cisco Systems, Inc. (U.S.)
Dell, Inc. (U.S.)
EMC Corporation (U.S.)
NetApp, Inc. (U.S.)
Amazon Web Services (AWS) (U.S.)
Microsoft Corporation (U.S.)
Alphabet Inc. (Google) (U.S.)
Oracle Corporation (U.S.)

 
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Cloud Network Infrastructure Market Segmentation:
The global cloud network infrastructure market is segmented by components and end-user. The component segment consists of hardware and services. The hardware component is further bifurcated into servers, disk storage, and Ethernet switches. The service segment consists of the platform as a service, infrastructure as a service, content delivery networks/applications, managed hosting and colocation services.
 
The deployment segment consists of public, private and hybrid. The organization segment consists of small & medium size enterprises and large enterprises. The end-user application consists of BFSI, consumer goods, and retail, telecommunications, healthcare, energy, government, education and research, media & entertainment, manufacturing, business & consulting services, and others.
 
Regional Analysis:
The global cloud network infrastructure market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America market accounts for highest share in the global cloud network infrastructure market. Owing to the increasing IT requirements and growing adoption of cutting-edge data center technologies.
 
The market in the U.S. is expected to experience a greater share as a significant number of organizations are shifting towards cloud services. Asia Pacific market is expected to grow at the highest CAGR. The rise in the number of small & medium size enterprises and the growing e-commerce sector in the region is boosting the cloud network infrastructure market.
 
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Intended Audience:

Technology Investors
Research/Consultancy Firms
Software Providers
System Integrators
Distributors and Resellers
Government and Standardization Bodies
Telecom Operators
Healthcare Organizations
Financial Organizations

 
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