Cloud Based Data Management Services Market worth $13.28 Billion by 2019

2024-10-29 11:20:06 Computer

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The market is broadly segmented by type of services: Integration Services, Data Security and Back-up Services and Quality-as-a-Service; By service models: Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS); By delivery model: Public Cloud, Private Cloud and Others; By vertical: Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Retail, Public Sector, Energy, Manufacturing, Healthcare, Education, Media and Entertainment, Research and Consulting Services and Others; By regions: North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), Middle East and Africa (MEA).
Various assumptions have been taken into consideration for market sizing and forecasting exercise of this market. Some of the key assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.
The research report will help the market leaders/new entrants/vendors in this market in the following ways:
? This report segments the market into type of services, which covers this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and regions.
? This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition and venture capital funding. Besides, there are company profiles of 10 key players in this market.
The report also focuses on key adoption trends, evolution of services, future opportunities, and business cases in this market. MarketsandMarkets expects that increased adoption of cloud based solution deployment across several industry verticals will drive this market towards high growth rate. The global cloud based data management services market is expected to grow from $3.51 billion in 2014 to $13.28 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 30.5% from 2014 to 2019.
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