Cloud-enabling Technology Market - Growth, Trends, COVID-19 Impact, and ForecastPosted by Statzy Market Research on May 14th, 2021 The growing scope of IoT and Big Data analytics necessitate better automation for the efficient functioning of business operations. Hence, the cloud-enabling technology plays a crucial role in proper functioning. - Further, the private cloud deployment model is an on-demand configurable supply of shared computing devices allocated within a public cloud environment for providing a sound level of privacy between different organizations that are using the resources. This factor is fueling the gorwth of the cloud-enabling technology market. - However, on the other hand, security concerns over securing data are hindering the growth of this segment. This factor is expected to be a restraint for this market during the forecasted period. For sample report please visit : https://www.statzyreports.com/report/sr498421/cloud-enabling-technology-market - Further, businesses thrive on data. They require information about their customers and habits, their performance, their sales and promotions, the current market they compete in and much more. Through advanced IT services and solutions, the companies now rely on data center services and cloud computing to support and optimize business applications. In retail, specifically, they generally serve the purpose of handling the flow of data. - With the benefits provided by the data centers, such as scalability, they can instantly handle the changes in web-traffic and the needs of the business. With proper configuration, this can happen quickly with little to no interruptions faced by the customers. For instance, when Amazon kicked off its Prime Day event, the shoppers purchased more than 100 million products from the site. The data centers make such traffic upticks possible by facilitating smooth transactions for the customers. - The above factors contribute to the growth of the cloud data centers in different organizations. - Further, the higher internet penetration in this region is also likely to accord in the expansion of cloud-based services market in the region, which in return, is expected to create a market for the cloud-enabling technologies. About 93% of the population in Canada have access to the internet. Owing to the strict data policies, the Canadian government is storing data in-country and are forcing the international and the US companies to establish their operations and data centers in Canada. - Moreover, the presence of leading vendors of cloud computing in North America as well as the growing adoption of personal cloud services by these companies across the world are the factors supporting the augmentation of the North American cloud computing market. - The growth of cloud computing in North America is expected to supplement the growth of cloud-enabling technologies market. Hence, North America is expected to dominate the market. - February 2018 - Cisco and Google collaborated to extend their cloud computing capabilities over the hybrid cloud collaboration. Cisco has further added that the ability to run applications will help preserve the existing infrastructure while extending the cloud services. For sample report please visit : https://www.statzyreports.com/report/sr498421/cloud-enabling-technology-market Like it? Share it!More by this author |