What is Cloud Computing for Business Operations?
Cloud computing is widely used for various applications like data backup, big data analytics, CRM, etc. across any size of the organization. In today’s time, businesses are becoming digital and shifting their data to the clouds to reduce the IT cost and scale up instantly. Cloud-based applications or software provide more flexibility to the end-users as they can be operated remotely from any digital device. The demand for private cloud deployment has been increasing among large organizations as it is firewall protected and offers enhanced security compared to public clouds.
The market study is broken down by Type (Platform as a Service (PaaS), Software as a Service (SaaS) and Infrastructure as a Service (IaaS)) 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. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Cloud Computing for Business Operations market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft Corporation (United States), IBM (United States), Oracle Corporation (United States), Amazon Web Services (United States), SAP (Germany), Orange Business Services (France), Google (United States), Salesforce (United States), Kamatera (United States), VMware (United States), Red Hat (United States), Adobe (United States), Verizon (United States) and Hewlett Packard Enterprise (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cloud Computing for Business Operations market by Type, Application and Region.
On the basis of geography, the market of Cloud Computing for Business Operations has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Enterprise Size, the sub-segment i.e. Small & Medium Enterprises will boost the Cloud Computing for Business Operations market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. IT & Telecom will boost the Cloud Computing for Business Operations market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Private Cloud will boost the Cloud Computing for Business Operations market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Orange Business Services acquired Basefarm Holding to strengthen its cloud computing services in the European market. Basefarm is a leading player in cloud-based infrastructure and services. The acquisition will bring a new source of expertise and innovative technologies in data management, management of critical applications, Big Data, and multi-cloud services.
Market Trend
- Integration of AI and Emerging Trend of Industry Focused Combinations Among Users
Market Drivers
- Surging Demand of Software as a Service Across Various Industries
- Increasing Digital Transformations and Adoption of Cloud-based Software by SMEs
Opportunities
- Growing Popularity of Private Cloud Deployment Due to High Level of Security and Control
Restraints
- Increased Privacy Concern and Data Loss Due to Insecure Interfaces and APIs
Challenges
- Server Downtimes and Lack of High-Speed Internet Connectivity
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cloud Computing Providers, Venture Capitalists and Private Equity Firms, End-User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.