Global Cloud Server Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Cloud Server Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Cloud Server Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America is considered to hold the largest market share, owing to high adoption of cloud computing technologies among businesses for real-time data accessibility.
A cloud server is a virtual server which runs in a cloud computing environment. This server is built, hosted and delivered through a cloud computing platform via the internet, and can be accessed remotely. These are also known as virtual servers. These servers have all the software they require to run and can function as independent units. The cloud server provides the businesses with stability and security because many software problems are isolated from the environment.
The major elements driving the growth of the market includes globally connected servers, immediate resource allocation, and availability of enterprise grade hardware at low cost. In this type of server multiple networks are interconnected globally to provide data storage services across the globe. Moreover, organizations can also allocate resources on real-time basis owing to easy accessibility of cloud servers and in addition to this, organizations can access the organization grade hardware as per their requirement at low cost as compared to conventional server. All these benefits increase the demand for the market throughout the globe and many of the organizations are moving towards cloud-based servers instead of conventional servers.
On the basis of segmentation, the market is bifurcated into computing model, end-user, and region.
Based on the computing model segment, the market is divided into on-premises and cloud.
On the basis of end-user segment, the market is bifurcated into BFSI, retail, healthcare and life sciences, telecommunication and IT, government, and others.
Key Question Answered: •What will be the market size in 2025 and at what rate it will grow? •Who are the major key players in global cloud server market and what are their strategies? •Which vertical industry is expected to show major growth? •What segment and region will lead the market and why?
The major companies profiled in the report include: IBM Corporation, Rackspace, Microsoft Corporation, Google, Oracle Corporation, Dell, VMware, Hewlett-Packard and Amazon.
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