The is predicted to have a healthy Cloud Network Infrastructure Market trends CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Cloud infrastructure, simply put, is the virtualization of infrastructure over the internet or a network. Cloud infrastructure, simply put, are the components required for cloud computing that comprises of network resources, storage, abstracted resources, and hardware. Colocation hosting, managed hosting, content delivery network/application delivery network, BPaaS, SaaS, PaaS, and laaS are the different design services. Owing to its alluring features and plentiful benefits, cloud infrastructure services have wide applications in healthcare, education, media and entertainment, research and development, logistics, energy, retail, manufacturing, BFSI, and others.
Various factors are propelling the global cloud infrastructure services market share. According to the recent MRFR report, such factors include increasing digitalization, burgeoning need for highly scalable models, need to cut-down operational costs, the growing need to maintain IT infrastructure, and the different benefits such as security, scalability, flexibility, and low costs.
On the contrary, risk of data leakage & data theft and the on-going COVID-19 impact are some factors that may limit the global cloud infrastructure services market growth over the forecast period.
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Top influential players in the global Cloud Network Infrastructure market are listed as Hewlett-Packard (U.S.), IBM Corporation (U.S.), Dell, Inc. (U.S.), Cisco Systems, Inc. (U.S.), NetApp, Inc. (U.S.), EMC Corporation (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (AWS) (U.S.), Oracle Corporation (U.S.) and Alphabet Inc. (Google) (U.S.).
In the component segment, the market consists of hardware and services. Among them, the hardware component is further segregated into disk storage, servers, and Ethernet switches. The service segment includes infrastructure as a service, platform as a service, managed hosting and colocation services, and content delivery networks/applications. Moving forward, the deployment segment has consisted of private, public, and hybrid. The organization segment included small & medium size enterprises and large enterprises.
In the end-user application segment, the market consists of consumer goods and retail, BFSI, healthcare, telecommunications, government, energy, media & entertainment, education and research, manufacturing, business & consulting services, and more.
The global cloud network infrastructure market is further studied for the regions of North America, Asia Pacific, Europe, and the Rest of the World.
Asia Pacific market is also likely to expand at the highest CAGR. The mount in the number of small & medium size enterprises and the growing e-commerce sector in the region are the factors boosting the cloud network infrastructure market.
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This pandemic situation has hampered the Cloud Network Infrastructure Market Report Market Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Cloud Network Infrastructure Market Report Market Size for the forecast period.
Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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