The new report, now available on ASDReports, recognizes the following companies as the key players in the Global IaaS Market: Amazon Web Services, Inc., CenturyLink, Inc., Computer Sciences Corp., Rackspace Inc. and Terremark Worldwide, Inc.
Other Prominent Vendors in the market are: AT&T, Bluelock, BT, Dimension Data, Fujitsu, GoGrid, Google, IBM, Joyent, Layered Technologies, Media Temple, Microsoft, Navisite, SoftLayer Technologies and Sunguard.
Commenting on the report, an analyst from the report's team said: “Increased demand for recovery-as-a-service is one key trend emerging in the market. Many organizations are concerned about loss of data either through natural disasters or human mishandling. Hence, such enterprises are willing to adopt backup or recovery-as-a-service solutions to ensure data recovery during and after accidents.”
According to the report, increased adoption of IaaS by the small and medium-sized enterprise sector is one of the major drivers in the market. With the growing size of the SME sector in developing and developed countries, it is expected that the demand for and adoption of cloud services will reach higher levels.
Further, the report states that data security issues are one of the major challenges confronting the market. Organizations are more concerned about the data they deal with and, as volume increases day by day, security concerns also increase with various security breaches and data leaks. Data is very useful for any competitor and can be misinterpreted or misused by others. This poses a significant challenge for any organization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.