The report provides forecast and analysis of the global community cloud market. It provides market overview of global community cloud market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the community cloud market and their impact on each country during the forecast period.
In computing, infrastructure is shared between several organizations observing standard concerns like security, compliance, administration and so on. This collaborative effort is known as community cloud. Either a third party vendor or the in-house support team can host and manage community cloud system. Organizations with common interests share the cost amongst themselves. The user count exceeds than that of private cloud but is less than a public cloud computing.
Organizations aim for cloud computing service providing optimum data security and high performance using low latency infrastructure at a shared or low cost. In community cloud, these benefits can be availed by achieving economies of scale for costing. Furthermore, in the near future, government initiatives boost the adoption of community cloud computing for private and public sector. However, the concerns for data security need to be addressed by the hosting organization. Also, compliance standards such as Federal Information Security Management Act (FISMA) and Health Insurance Portability and Accountability Act (HIPAA) are enforced on the organizations practicing community cloud. Hence, stringent compliance mandates and data security concerns are the restraining factors for the market.
The -201cGlobal Community Cloud Market Analysis and Forecasts to 2025-201d can be segmented into technology, professional services, application, enterprise size, end user, and region. Based on end user, the community cloud market is divided into Academia and Education, Banking, Financial Services and Insurance (BFSI), Gaming, Government, Healthcare, Transportation and Logistics and others. Amongst all these verticals, banking and financial services and healthcare sector are estimated to swell exponentially during the forecast period. This can be mainly attributed to the fact of large customer database, increasing demands in online transactions and cost effective data storage and retrieval of customers. Need for continuous tracking of customers in these sectors are also a driving aspect for community cloud market.
The market based on enterprise size can be segmented into small and medium and large sized enterprises. The small and medium sized enterprises opt for the community cloud model in place of traditional cloud technology as a cost saving practice and gain economies of scale for cloud computing. Many small and medium businesses in the market are aiming to adopt community cloud and this has further expected to bolster the demand for this technology in the coming years.
Based on component, community cloud market is segmented into hardware and software. Further, hardware segment used in these systems are bifurcated into server, storage components and networking peripherals. Also, the software segment includes solutions of enterprise applications, collaboration tools, dashboards and business intelligence software. The software segment is forecasted to witness high growth rate as the applications need timely updates and customization in solution offerings.
The global community cloud market based on the end user is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for community cloud in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The community cloud market report includes market size and analysis for all the above-mentioned regions and countries for type, length, and end user.
The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis and various business strategies adopted by them. This report will help players in global community cloud market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoovers, company annual reports, investor presentations, and publications. The key players included in the global community cloud market report are Amazon Web Services LLC, Atos Se, Cisco Systems, Inc., Dell, EMC, Gigavirt Technologies, Google, IBM Corporation, International Game Technology (IGT), Microsoft Corporation, Nyse Euronext, and Optum, Inc. among others.