From the Wires
Research and Markets: Global Public Cloud Market 2012-2016
By: Business Wire
Feb. 13, 2013 02:46 PM
Research and Markets (http://www.researchandmarkets.com/research/m5hcv3/global_public) has announced the addition of the "Global Public Cloud Market 2012-2016" report to their offering.
TechNavio's analysts forecast the Global Public Cloud market to grow at a CAGR of 29.96 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce overall expenditure on IT infrastructure. The Global Public Cloud market has also been witnessing the increasing availability of high bandwidth services. However, the privacy of data in the cloud infrastructure could pose a challenge to the growth of this market.
The key vendors dominating this market space are Amazon.com Inc., Google Inc., Hewlett-Packard Co., IBM Corp., Microsoft Corp., Rackspace Inc., and Salesforce.com Inc.
The other vendors mentioned in the report are VMware Inc., Red Hat Corp., Dell Inc., Citrix Systems Inc., CA Inc., Oracle Corp., CSC, BMC Software Inc., ATandT Corp., and EMC Corp.
Commenting on the report, an analyst from TechNavio's Data Centers team said: ''Many countries across the globe are witnessing the introduction of high bandwidth communication services such as 3G and 4G. With the increasing bandwidth support, advanced applications such as Gtalk, Skype, and BB Messenger are being widely used by end-users. These applications are supported over smartphones and tablets which creates a need for high-speed communication networks to be implemented. Many end-users are storing their data in the cloud infrastructure and accessing voice- and video-based applications, which is one of the major trends in the Global Public Cloud market.''
For more information visit http://www.researchandmarkets.com/research/m5hcv3/global_public
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