Cloud computing market to be worth $37.9bn in 2012

Wednesday 11 July 2012, Amsterdam

A new analysis indicates that the cloud computing market will reach a value of $37.9bn in 2012. With ever increasing proliferation of cloud services adoption by both enterprises and end-users in recent years, the demand for cloud computing is at an all time high and is set to continue in demand and popularity over the next five years.

The cloud services market is thriving with numerous offerings from a range of diverse vendors. This dynamic market is quickly maturing and presenting a number of market opportunities for vendors and businesses alike. The broad variety of innovative solutions in software, platforms and infrastructure means that there is a cloud service available for many different business demands, ranging from simple off-site data storage to more complex software development on cloud platforms.

The cloud computing market is therefore forecast to record strong and continuous growth over the next five years, especially in the developed world. The research shows that more than 30% of enterprises worldwide are deploying at least one cloud solution. The report looks at the state of enterprise cloud market and how businesses can leverage cloud services to cut-costs, improve efficiency and drive innovation within their organisation.

The author of The Cloud Computing Market 2012-2017 report commented that ‘The majority of the cloud computing uptake would come from SMB’s from around the world, which are lacking in solid IT infrastructure and are looking to find new and innovative ways of conducting everyday business with the help of cloud technology offerings. Demand will also come from end users who are looking to incorporate the cloud for everyday needs such as entertainment, storage etc’.

The report contains 183 tables, charts and graphs that add visual analysis in order to explain developing trends within the cloud computing market. The report provides forecasts for the period 2012-2017 in terms of value (US$) for the global cloud computing market, as well as for 8 submarkets of the cloud computing market. (Software as a Service(SaaS), Infrastructure as a Service(IaaS), Platform as a Service(PaaS), Cloud Security, Corporate SaaS Cloud Market, Mobile Corporate SaaS Cloud Market, SMB SaaS Cloud Market, and Mobile SMB SaaS Cloud Market). In addition, 5 regional cloud computing markets are forecast and analysed over the period 2012-2017. The report also provides profiles of 26 leading companies operating within the market, and includes an exclusive interview with an experienced cloud storage architect, currently working with IBM, providing expert insight.

The report provides a holistic view of cloud computing and its relevance to the business segment, with a critical analysis of how companies can effectively leverage the cloud to best suit their needs. The report looks at established, emerging and innovating vendors, their different offerings and the current and future value of the cloud market on a global and regional level.

The Cloud Computing Market 2012-2017 report will be of value to current and future potential investors into the cloud computing industry, as well as companies and research centres who wish to broaden their knowledge of the cloud computing market.