A brief overview of Global Cloud Spending by SMBs Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography
Cloud computing solutions are IT solutions that are deployed in the ICT systems and eliminate the need to install in-house hardware and software. The cost of in-house IT solutions is relatively low compared to cloud-based solutions among most of the IT deployment models.
Cloud computing solutions have been implemented in a majority of organizations, irrespective of the size of the business. Firms that have high IT budgets and are willing to spend more on flexible IT solutions have majorly invested in cloud computing solutions.
However, some of the firms are still using on-premise solutions due to cloud security concerns and also due to resistance from in-house IT departments.
global cloud spending by SMBs market to grow at a CAGR of 20.52% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global cloud spending by SMBs market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of cloud computing solution implemented in SMBs.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Cloud Spending by SMBs Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Key vendors
• AWS
• Google
• IBM
• Microsoft
Other prominent vendors
• AT&T
• Birst
• CA Technologies
• Canto
• HPE
• RackSpace
• Salesforce
• SAP
• ServiceNow
• VMware
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Market driver
• Increased use of multitenancy and cloud management platform
• For a full, detailed list, view our report
Market challenge
• Networking and connectivity issues
• For a full, detailed list, view our report
Market trend
• Increased adoption of cloud analytics
• For a full, detailed list, view our report
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