Cloud Enablement Market Scope
Cloud enablement is the process of evaluating an organization's current landscape, then architecting, installing, and running a portion or all of that organization's in-house IT infrastructure, applications, and services in a public, private, or hybrid cloud environment. Organizations would be able to include operating systems, business software, and server migration to the cloud with the aid of cloud enablement. Cloud enablement has undoubtedly altered the process and caused a shift in the organization's approach to managing and developing in-house IT infrastructure. The cloud enablement market offers cost effectiveness, scalability, speed of innovation, accessibility, and high availability, to name a few advantages. Enhanced protection, increased performance, reliability, and capability of the cloud, as well as global market pressure surrounding security, are just a few of the main factors driving this market's growth. Furthermore, increased digitalization and hybrid cloud for data modernization and extension are two factors that are expected to drive market growth. In addition to micro service-based solutions, cloud enablement provides services such as consulting & advisory, design & architecture, engineering & distribution, operations & governance, cloud management & security, workload transformation and disaster recovery. These services help to minimize operating costs by reducing infrastructure and management costs.
The Cloud Enablement market study is segmented by Type (Solutions and Services), by Application (Integration & Support, Automation & Orchestration, Billing & Provisioning, Migration & Customization, Security & Compliance and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Enablement market throughout the predicted period.
Accenture (Ireland), IBM (United States), VMware (United States), Wipro (India), Infosys (India), TCS (India), Oracle (United States), AWS (United States), Fujitsu (Japan), Microsoft (United States) and Capgemini (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Doublehorn (United States), Pax8 (United States), Cloudmore (Sweden) and Eshgro (Netherlands).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Cloud Enablement market by Type, Application and Region.
On the basis of geography, the market of Cloud Enablement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
May 2020 – Microsoft has announced the launch of the Back2Business Solution Boxes for helping Indian small and medium businesses (SMBs) maintain business continuity and embark on their cloud adoption journeys. Curated for specific scenarios in different organization sizes, they bring together offerings across Azure and Modern Workplace. and August 2020 – Infosys launched Infosys Cobalt which is A Set of Services, Solutions, and Platforms for Enterprises to Accelerate their Cloud JourneyInfosys Cobalt helps businesses redesign the enterprise, from the core, and also build new cloud-first capabilities to create seamless experiences in public, private and hybrid cloud, across PaaS, SaaS, and IaaS landscapes.
Market Trend
- Growing Demand of Efficient and Cost Effective Processes
- Availability of Multi Cloud and Omni-Cloud Solutions
Market Drivers
- Improved Performance and Efficiency
- Adoption of Cloud Based Technologies in Various Industries
- Solves the Problem of Time-Consuming Manual Data Gathering
Opportunities
- Investments by Enterprises in Cloud-Based Models
- Growing adoption of Digital Transformation by SMEs
- Fast Growth and Adoption of Technological Changes
Restraints
- High Initial Cost
- End User Complications for People who are not Tech-Savy
Challenges
- Lack of Awareness in Certain Countries
- Security and Privacy Among People
Key Target Audience
Software Providers, Investors and Consultants, System Integrators, Government Organizations, Research/Consultancy firms and Technology Solution Providers