Cloud Network Infrastructure Market Research
Cloud network infrastructure refers to an innovation in data storage and majorly consists of three services. These services include software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure as a service (Iaas). It is observed that organizations are shifting towards cloud computing services owing to the increased expense in information and communication technology (ICT) spending and a rise in data security threats. Cloud network infrastructure has enabled users by offering secure, standardized, and virtual storage service. It also delivers faster services, leads to improvement in manageability, increase in IT department’s value and reduction in the total cost of ownership.
Unlike other payment structures that enable users to subscribe to vendor services, cloud infrastructures are usually accessed using a pay-per-use model. Enterprises can build their cloud infrastructure on their premises, instead of purchasing them from a cloud vendor. A cloud infrastructure model is differentiated as enterprises using a public cloud, whereas when an organisation uses its on-premise infrastructure, also known as a private cloud. Some organizations also use cloud network infrastructures where some part of it comprises public cloud and other comprises private cloud. This is known as hybrid cloud. Market Research Future (MRFR), in their recently published report have mentioned that the global cloud network infrastructure market is estimated to witness a whopping 14% CAGR by the end of the forecast period. The report also states that the global cloud network infrastructure market is likely to reach a market valuation of USD 212 billion by the end of 2023.
Cloud network infrastructure offers users secure, virtual, and standardized storage service. Hence, cloud CNI is gaining popularity across different sectors. This is expected to boost the cloud network infrastructure market growth. The escalation in the CNI market size can be attributed to benefits, such as faster delivery of services, improved manageability, surge in the value of the IT department assets and inventory, and reduction in the total cost of ownership. Small and medium enterprises (SMEs) are noted to extensively use CNI as it offers a scalable infrastructure availed as services. This is also expected to benefit the CNI industry. The cloud network infrastructure market size is expected to increase by the end of the assessment period. It can be due to the use of pay-per-use model over traditional structures of payment. The pay-per-use model enable users to subscribe to vendor services for a set price, which is expected to gain considerable traction for the CNI market. CNI allows enterprises to build om-premise cloud infrastructure instead of purchasing from a vendor. It is also expected to propel the CNI market growth.
Segmental Outlook
The cloud network infrastructure market is studied by end-user, deployment, organization, and components. By component, the market is split into services and hardware. The hardware segment is sectioned into disk storage, servers, and Ethernet switches. The service segment is sub-segmented into platform as a service, content delivery networks or applications, infrastructure as a service, managed hosting and colocation services. By deployment, the market segments are; public, hybrid, and private. By organization, the market segments are; large enterprises, and small & medium size enterprises. By end-user, the market segments are; consumer goods, BFSI, retail, healthcare, telecommunications, government, energy, media & entertainment, education and research, business & consulting services, manufacturing, and others.
Key Players
MRFR listed renowned companies of the cloud network infrastructure market. They are; Hewlett-Packard (U.S.), IBM Corporation (U.S.), Dell, Inc. (U.S.), Cisco Systems, Inc. (U.S.), NetApp, Inc. (U.S.), Oracle Corporation (U.S.), EMC Corporation (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (AWS) (U.S.), Alphabet Inc. (Google) (U.S.), and others.
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Cloud Network Infrastructure Market ResearchThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Cloud Network Infrastructure Market Research.
The growth sectors of the Cloud Network Infrastructure Market Research are identified with precision for a better growth perspective.Market Research Future (MRFR), in its new “Cloud Network Infrastructure Market” report, reveals that the global cloud network infrastructure market is expected to thrive at a CAGR of about 14% across the forecast year (2016 to 2023).
The CNI market is expected to attain a valuation of nearly USD 212 billion by the end of the forecast period.
Market OverviewCloud network infrastructure offers users secure, virtual, and standardized storage service.
Small and medium enterprises (SMEs) are noted to extensively use CNI as it offers a scalable infrastructure availed as services.
The hardware segment is sectioned into disk storage, servers, and Ethernet switches.
Market ScenarioThe ‘Cloud Network Infrastructure Market 2020 analysis’ is a specialized and in-depth study of the information and communication industry, with a thorough focus on the global market trend scrutiny.
Market Research Future digs the reality and states that the global cloud network infrastructure market can harvest to reach a higher valuation, at a CAGR of 14% during the forecast period of 2017–2023.
The study also provides vital statistics on the status of the leading market by focusing on trending drivers, market players, key trends, and opportunities for the future.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/5699 Competitive Outlook:Top influential players in the global Cloud Network Infrastructure market are listed as Hewlett-Packard (U.S.), IBM Corporation (U.S.), Dell, Inc. (U.S.), Cisco Systems, Inc. (U.S.), NetApp, Inc. (U.S.), EMC Corporation (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (AWS) (U.S.), Oracle Corporation (U.S.) and Alphabet Inc. (Google) (U.S.).Segmentation:The global cloud network infrastructure market is segmented by segments of components and end-user.
In the component segment, the market consists of hardware and services.
Among them, the hardware component is further segregated into disk storage, servers, and Ethernet switches.
The service segment includes infrastructure as a service, platform as a service, managed hosting and colocation services, and content delivery networks/applications.
The global cloud network infrastructure market is expected to appreciate at a CAGR of 14% during the assessment period.
MRFR’s analysis indicates that the global cloud network infrastructure market is expected to grow to reach USD 212 Bn by the end of 2023.
Cloud network infrastructure, also enables scalability of solutions which further drives the market and its growth.
Presently, security concerns and the high initial cost of cloud network infrastructure are market deterring factors which are expected to slow growth.Market SegmentationThe global cloud network infrastructure market has been segmented in MRFR's report, on the basis of components, end-user, deployment, and region.
Hardware has been segmented further to include ethernet switches, servers, and disk storage.
Meanwhile, the service segment has been divided further into managed hosting an colocation services, content delivery networks/applications, platform as a service, and infrastructure as a service.
Cloud Network Infrastructure Market: By Component (Hardware, Services), Deployment (Public, Private and Hybrid), End-User (BFSI, Consumer Goods and Retail, Telecommunications, Healthcare, Energy, Government) – Global Forecast till 2023Industry InsightThe ‘cloud network infrastructure market 2020 analysis’ is a specialized and in-depth study of the information and communication industry, with a thorough focus on the global market trend scrutiny.
Market Research Future digs the reality and states that the global cloud network infrastructure market can harvest to reach a higher valuation, at a CAGR of 14% during the forecast period of 2017–2023.
The study also provides vital statistics on the status of the leading market by focusing on trending drivers, market players, key trends, and opportunities for the future.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5699Top Impacting FactorsThe market growth is high in recent years owing to the mounting employment of new cloud infrastructure setups as well as the advancement of existing cloud infrastructure setups to meet the surging demand.
There has been a fast growth to some extent in the Asia Pacific region in the last two to three years.
Some of the giant leaders for cloud infrastructure markets such as AWS, Bluelock, AT, Google, Cisco, RackSpace, Microsoft, Red Hat, and VMware have been actively investing in the market’s growth and has made it reached to the greater heights.Furthermore, the bulging hybrid cloud solutions present a transition solution that integrates public cloud and private cloud services with the existing on-premises infrastructure.
A fast-moving digital business transformation among the industries is likely to motivate the cloud infrastructure market over the foreseeable period.Segmentation of Market: Cloud Network InfrastructureThe global cloud network infrastructure market is segmented by segments of components and end-user.In the component segment, the market consists of hardware and services.
