Technological advancement and growing application driving Cloud Computing market

Report Title: Cloud Computing Healthcare Market Reports, by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021

 

Technology is touching every areas of life. The way the companies and big organizations operate has changed a lot. It has become faster and the scope of any error and loss of data is minimal. This growth of big data needs effective management of large amount of data. This has given rise to the use of the cloud computing. Cloud computing is a technology derived to manage the issues of Big Data. In the coming days, with the adoption of technology the global market for cloud computing is expected to see good heights. This is a bright opportunity for many small companies to enter this lucrative market.

Experts believe that global cloud computing market will see a solid uplift due to higher growth in Small Medium Enterprises (SMEs). SME’s are more likely to implement Software as a Service (SaaS) with public cloud deployment method. Moreover Public cloud is cost effective that most of the business start-ups are much inclined towards adoption of public cloud. Talking about the cloud computing, particularly SaaS seems to be a solid growth driver for the global cloud computing market because of its feature that it saves time and documentation is also less as everything is saved on cloud.

However, there are some factors that are restraining the growth of cloud computing market. No business enterprise wants to keep their confidential data to anyone. However, in public cloud your data is managed at the server end. This creates insecurity among the clients about their data. The client has no visibility or control over where the cloud services are being hosted. So there is always insecurity among the clients. In public cloud multiple clients are accessing a centralized database, but each database is segregated, thus allow access only to authorized customers.

Emergence of social media has also created a massive opportunity for cloud computing. No matter the purpose is personal or business related, social media is creating a buzz in the market. Moreover, now it is more than an online social gathering with friends. It’s becoming a destination for e-commerce, online marketing, ideation and much more, thus, compelling the social media sites to adopt cloud computing model. All these factors are indicating a bright image of the global cloud computing market in the coming days.

Updated: February 11, 2016 — 7:06 am

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