Global Cloud Infrastructure Software Market Overview:
Cloud infrastructure software is used to delivers powerful compute and networking performance and platform cloud services and a comprehensive portfolio of infrastructure. This software supports all legacy workloads while delivering modern cloud development tools, so enterprises can bring forward their past as they build their future, this has led to significant growth of the global cloud infrastructure software market in the forecast period.
Growth Drivers
- Increasing the IT industry and continuous development in technology are the major drivers for the global cloud infrastructure market. Increasing digitalization across the global and rising adoption of advanced technology by the various industry is accelerating the growth of the IT industry worldwide.
Market Trends
- Rising Adoption of Cloud Computing Solutions and Services
Roadblocks
- High Cost Associated with Cloud Infrastructure Software
Opportunities
- Growing Demand from End-User Industry
- Rising Demand from Government and Defense Sectors
Challenges
- Shortage of Skilled Professionals
Competitive Landscape:
Some of the key players profiled in the report are Oracle (United States), IBM (United States), Microsoft (United States), SAP (Germany), Amazon Web Services, Inc. (United States), Adobe Inc. (United States), VMWare (United Stated), Salesforce.com, Inc. (United States), HCL TECH (India) and Fiserv (United States). The Players having a strong hold in the market are Oracle, IBM, Microsoft, and SAP. Additionally, following companies can also be profiled that are part of our coverage like Amadeus (Spain) and Intuit Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Cloud Infrastructure Software market by 2026. Considering Market by End Use Verticals, the sub-segment i.e. BFSI will boost the Cloud Infrastructure Software market. Considering Market by Organization Size, the sub-segment i.e. Small and Medium Enterprises will boost the Cloud Infrastructure Software market. Considering Market by Pricing Type, the sub-segment i.e. Monthly Subscription will boost the Cloud Infrastructure Software market.
Latest Market Insights:
On 19th December 2019, Oracle has announced the continued expansion of their cloud interoperability partnership with Microsoft to help joint customers worldwide run their mission-critical workloads across Oracle Cloud and Microsoft Azure.
What Can be Explored with the Cloud Infrastructure Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cloud Infrastructure Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cloud Infrastructure Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud Infrastructure Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cloud Infrastructure Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cloud Infrastructure Software Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.