Global Community Cloud Market, By Professional Services (Training support services, Maintenance supp

Published Date: | Report Code : IT1958696

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Market Dynamics:

The Global Community Cloud Market is expected to promise high growth owing to the increasing demand for high-performance requirements and low latency infrastructure in recent years. Increasing demand from applications cloud-based storage, cloud backup and recovery, cloud security and data privacy, HPC, analytics and web-based applications is expected to drive the growth of the global community cloud market. This market has witnessed a number of key developments by major companies including Akamai Technologies, Inc., Amadeus IT Group SA, Amazon Web Services LLC, Atos SE, CA Technologies, Inc., Cisco Systems, Computer Sciences Corporation, Google Inc., EMC Corp., Dell Inc., INetU Inc., IBM Global Services, Microsoft Corp. and Optum, Inc. with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Segment Analysis:

A community computing cloud is a cooperative undertaking in which infrastructure is shared among several organizations from a particular society with common issues (safety, compliance, jurisdiction, etc.), whether managed internally or by a third party and hosted internally or externally. A group of organizations that have shared interest controls and uses this. Costs are distributed across fewer customers than a government cloud (but more than a private cloud), so only some of cloud computing's cost savings potential is realized.

Data safety, regulatory compliance, economies of scale, high efficiency and low latency facilities are the main forces driving this industry. In addition, exponential swelling in customer numbers and transaction information requires scalable and cost-effective data storage, retrieval and computing services in verticals such as healthcare, banking, and finance. In addition, organizations are mandated to follow norms of compliance such as FISMA and HIPAA.

Increasing investments and implementation of community cloud computing models in government and private organizations in verticals such as healthcare, banking, and finance fuel community cloud technology development in the global marketplace. The need for high-performance infrastructure and low latency, information security and redundancy, shared cost model are some of the main variables contributing to the development of the global community cloud industry. However, the slow pace of implementation of community cloud technology owing to confidence and safety issues among cloud-based organizations restricts the market growth.

Key Factors Impacting Market Growth:

  • High-performance requirements and low latency infrastructure

  • Cloud investments from institutes of education and research

  • Initiatives of government in the public sector

  • The trend of slow adoption

Regional Analysis:

By region, the global community cloud market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the global community cloud market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end-users in the respective region. The North America global community cloud market is further segmented by the US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.

The Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: Akamai Technologies, Inc., Amadeus IT Group SA, Amazon Web Services LLC, Atos SE, CA Technologies, Inc., Cisco Systems, Computer Sciences Corporation, Google Inc., EMC Corp., Dell Inc., INetU Inc., IBM Global Services, Microsoft Corp. and Optum, Inc.

Market Segmentation:

By Professional Services:

  • Training support services

  • Maintenance support services

  • Regulation and compliance services

  • Customer/public portal services

  • Consulting support services

  • Others

By Components:

  • Hardware

  • Software

By Verticals:

  • Banking

  • Financial services and insurance (BFSI)

  • Gaming

  • Government

  • Healthcare

  • Academia and education

  • Transportation and logistics

  • Others

By Applications:

  • Cloud-based storage

  • Cloud backup and recovery

  • Cloud security and data privacy

  • High-performance computation (HPC)

  • Analytics and web-based applications

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Professional Services

    • By Components

    • By Verticals

    • By Applications

  • Western Europe:

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Professional Services

    • By Components

    • By Verticals

    • By Applications

  • Eastern Europe:

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Professional Services

    • By Components

    • By Verticals

    • By Applications

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Professional Services

    • By Components

    • By Verticals

    • By Applications

  • Middle East:

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Professional Services

    • By Components

    • By Verticals

    • By Applications

  • Rest of the World

    • By Region (Latin America, Brazil, Rest of the World)

    • By Professional Services

    • By Components

    • By Verticals

    • By Applications

Reasons To Buy This Report:

  • Market size estimation of the community cloud market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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