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SaaS Cloud Services Market – Global 2019 Research and Analysis

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SaaS Cloud Services Market – Global 2019 Research and Analysis

August 30
16:09 2019
SaaS Cloud Services Market - Global 2019 Research and Analysis

Cloud Services Market By Segments (Infrastructure As A Services (IaaS), Platform As A Services (PaaS), Software As A Service (SaaS), Business Process As A Services (BPaas)), By Country And By Trends – Global Forecast To 2022
Microsoft Corporation Was The Largest Company In The Cloud Services Market, According To TBRC’s Report (Companies: Microsoft, Amazon, International Business Machines Corporation, Nippon Telegraph and Telephone Corp And Google)

The global cloud services market was valued nearly at $325 billion in 2018. North America is the largest market for cloud service providers, accounting for around 50% of the global market. The USA is the largest country in terms of value in the Cloud Services market.

The cloud services market consists of sales of cloud services by entities (organizations, sole traders and partnerships) that provide the delivery of information technology resources and applications on-demand through an Internet platform. Companies in the cloud services industry provide access to servers, storage, databases and a broad set of application services managed by a hardware networking. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services.

Read More On The Global Cloud Services Market Report At:

https://www.thebusinessresearchcompany.com/report/cloud-services-market

Cloud Services Market Size

The global cloud services market and is expected to grow at a growth rate of around 13% to nearly $528 billion by 2022.Growth in the cloud services market in the historic period resulted from enterprises’ increasing preference for shifting in-house IT infrastructure to third parties to minimize operational costs. Increased internet penetration, technology development, a low interest rate environment, and favorable government initiatives also drove the cloud services market.

The cloud services industry is fairly concentrated: a small number of large entities command significant market shares and a large number of small entities have minor shares. Players in the market include Microsoft, Amazon, International Business Machines Corporation, Nippon Telegraph and Telephone Corp, and Google.

Microsoft Corp. is the largest company in the cloud services market with around 11% share in 2017. It develops software products, services and hardware equipment. It is involved in providing services including cloud-based software and platform services. It also provides solution support and consulting services. The company was established in 1975 and is headquartered in Washington, the USA.

Request For A Free Sample Of The Global Cloud Services Market Report At:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2322&type=smp

 

Cloud Services Competitive Landscape

Major Competitors are:

    • • Microsoft
    • • Amazon
    • • International Business Machines Corporation (IBM)
    • • Nippon Telegraph And Telephone Corp
    • • Fujitsu

Other Competitors Include:

    • • Salesforce.com
    • • Dell Technologies Inc
    • • Oracle Corp
    • • SAP
    • • Google
    • • Apprenda Inc.
    • • Red Hat, Inc.
    • • OVH
    • • CloudSigma AG
    • • Capgemini SE
    • • Castleton Technology PLC
    • • Niu Solutions
    • • Cisco
    • • HPE United Kingdom
    • • Alibaba Cloud
    • • Kingsoft Corporation
    • • UCloud Information Technology
    • • Tencent Cloud
    • • Oracle Software Systems Co. Ltd.
    • • KingCloud
    • • Fujitsu Ltd.
    • • Toshiba Corporation
    • • Hitachi
    • • KDDI Corporation

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