Jul 11, 2019
Market Research Future published a research report on “Cloud Engineering Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India - July 11, 2019 /MarketersMedia/ —
Market Synopsis:
Market Research Future (MRFR)’s assessment report highlights that the global cloud engineering market is set to expand at a CAGR of 21% during the forecast period 2017 to 2023. According to the report, the global market’s valuation is expected to reach USD 13 Bn mark by the end of the review period. Cloud computing is penetrating across major industry verticals which are anticipated to dominate the growth pattern of the market in the years to come. The intensified demand for cloud computing has paved the way for the adoption of engineering applications in cloud technology for addressing issues of standardization, commercialization, etc.
Cloud engineering provides a systematic approach for supporting business models leveraging cloud services. It has backed the growth of the services such as "platform as a service," "software as a service," and "infrastructure as a service." Business organizations are shifting towards cloud-based offerings to maximize gains. This, in turn, is anticipated to boost the growth trajectory of the cloud engineering market in the upcoming years.
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Emphasis is placed on the technological innovations for the achievement of organizational goals while facing the challenges. The proliferation of the technology across end-users such as healthcare, retail, BFSI, etc. are poised to catapult the cloud engineering market on an upward trajectory over the next couple of years.
Key Players:
The key players in the global Cloud Engineering Market include- Trianz (US), Sogeti (Europe), GFT Technologies SE (Europe), Aricent Inc. (US), Rapidvalue Solutions Inc. (US), Engineering Ingegneria Informatica SpA (Europe), ITC Infotech India Ltd. (India), Calsoft Inc. (US), Nitor Infotech (India), VVDN Technologies (India) , Softcrylic LLC (US) and Searce Inc. (US), among others.
Market Segmentation
The worldwide cloud engineering market has been split into six equal segments. These include, deployment, end-users, types, geographies, enterprise sizes and intended audience.
The deployment section is further divided into public, hybrid and private.
On the basis of end users, the market is fragmented into IT & telecommunications, government, BFSI, retail, healthcare and energy & utilities.
On account of types the market is segmented into design, cloud storage, consulting, integration, cloud security, training, integration and migration.
Region-wise, the market is branched across various places like North America, Europe, Asia Pacific and Rest of the World.
When it comes to enterprise sizes the market is further sub-segmented into large, small and medium.
Lastly the intended audience segment comprises of network operators, suppliers, device manufacturers, vendors, software developers, semiconductor manufacturers, end-user sectors technology investors, research firms, commercial banks and software developers.
Regional Analysis
The global cloud engineering market is expected to grow significantly over the forecast period, 2017-2023. Retail segment of cloud engineering market globally drives the market majorly due to increasing demand for better solutions for brand image and customer satisfaction. The market is expected to have higher growth rate as compared to the previous years. The global cloud engineering market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. Retail segments hold a largest share in the North-American region. The reason is attributed to as the enterprises are shifting towards cloud-based solutions and services with the increasing adoption of better business strategies. Also, consumers are looking for better shopping experiences in this region. Therefore, retail segment of cloud engineering market accounted for the largest market share.
Asia-Pacific region is expected to grow at a fast pace over the forecast period, 2017-2023. Countries such as Japan, China and India contribute largely to the overall market share. The reason is attributed to the increasing number of manufacturers, stringent government regulations, growing advancement and increasing adoption of high-end technology in the field of measurement equipment are boosting the growth of card connector market in this region.
North-America accounted for the largest market share. Countries such as U.S. and Canada contributes largely to the overall market share. The reason is attributed to standard regulation, advanced infrastructure, presence of large number of enterprises and presence of technical expertise.
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Intended Audience
• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Semiconductor Manufacturers
• End-user sectors Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 88895196
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