Increased in IT organizations expanding their portfolio for cloud based services that include Platform as a Service (PaaS), Software as a Service (SaaS), and Infrastructure as a Service (IaaS) is a factor that can prompt the expansion of the global web scale IT market 2020, reveals Market Research Future (MRFR). The growing need for technical assistance to support remote working facilities due to coronavirus is resulting in the high adoption of cloud computing solutions among giant IT companies. The rise in organizations observed to be benefitted by web scale IT market that can significantly reduce infrastructure cost and allow organizations focus on their main competencies can spur the expansion of the worldwide web scale IT market. As per MRFR study, the web scale IT global market can rise at above 17% CAGR through 2016 to 2022. The web scale IT market value is likely to rise from USD 200 Mn in 2016 to above USD 640 Mn by 2022. The high risk involved in the mitigation of data bought by web scale IT market is noted as a major factor that can hinder the expansion of the worldwide web-scale IT market. However, the rise in concerns regarding agility of data among cloud users can prompt the support web scale IT marker. Web scale IT solutions also impact the performance of an entire business through the need to created better management platforms and curb short comings. In addition, the growing focus beyond cloud computing is also another factor that can is pressing the demand for Web scale IT, thus can boost its market growth.
The segment study of the world web scale IT market share is based on solution, end-user industry, service, and providers. The solution based segments of web scale IT market are analytics, self-healing software, and SDDC (software-defined data center) among others. The service based web scale IT market segments are integration, consulting, and maintenance. The providers based, web scale IT market are internet service providers, social networks, marketplace builder, and content providers. The end-user based web scale IT market are energy and utilities, transportation, media & entertainment, manufacturing, retail, BFSI, healthcare, and logistics among others.
Detailed Regional Analysis
As per regional analysis of MRFR, the web scale IT market in North America can hold the largest share. As the growing impact of Covid-19 is observed to impact work life, the need to achieve smoothness in the execution of operations remotely can support the expansion of the web scale IT market across the assessment period. In the US, the increase in need for effective IT facilities and the presence of a high number of reputed IT companies can boost the expansion of the web scale IT market in the North America region. In Europe, the presence of robust IT sector and the wide range of cloud services adopted by different growing enterprises and government organizations can prompt the expansion of Europe web scale IT market in the evaluation period. In the Asia Pacific region, the web scale IT market surge can be attributed to the high increase in investment made by major players of the market, such as VMware, JoyentCloud, and Rackspace in the region.
MRFR identified notable web scale IT market players. They are; Nutanix Inc.(U.S.), Amazon Web Services, Inc.(U.S.), SimpliVity Corporation (U.S.), Microsoft Corporation (U.S.), CloudSigma Holding AG (Switzerland), Facebook, Inc. (U.S.), Pivot3 Inc. (U.S.), Rackspace Inc. (U.S.), Nexenta Systems, Inc.(U.S.), VMware Inc.(U.S.), CloudBees, Inc.(U.S.), Google, Inc.(U.S.), Scale computing Inc.(U.S.), IBM Corporation(U.S.), Netflix, Inc. (U.S.), and Hewlett Packard Enterprise(U.S.) among others.
Also Read: http://www.marketwatch.com/story/erp-software-market-size-share-demand-forecast-business-trends-statistics-competitor-strategies-future-forecast-opportunities-and-analysis-of-covid-19-2021-02-09