Global Cloud Computing Services Market

Extracted 22NOV2011 from http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/11/21/prweb8977106.DTL#ixzz1eS8RVyrN

Global Industry Analysts, Inc. (GIA) announces the release of a comprehensive global report on Cloud Computing Services markets. Global Cloud Computing Services market is projected to reach about US$127 billion by the year 2017, primarily driven by factors such as growing prominence of enterprise mobility, need for business continuity, and increasing adoption of cloud strategy among small and medium enterprises...

As the world economy navigates its way through recession and towards recovery, organizations will still retain their appetite for cost effective solutions, but will however demand more value-creating productivity... Companies that will consume the most cloud services are expected to be those operating in a commoditized business environment where constant product differentiation is a perennial need...

Poised to score the maximum gains will be end-to-end cloud-computing solutions that offer complete functionalities ranging from integration of internal and external clouds, automation of business critical tasks, and streamlining of business processes and workflow, among others... Growth in the cloud computing market will also be driven by growing adoption of technology among small and medium enterprises (SMEs)...

Infrastructure as a Service (IaaS) represents the fastest growing market segment by service type.