Cloud Engineering Market Research Depth Study, Emerging Trends, Size and Industry Outlook 2023
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.
Cloud Engineering – Brief Insights
Cloud engineering is a very distinct form of engineering. In this practice, engineering rules are used for cloud computing. It can provide users with a strong and systematic outlook towards cloud computing applications. This innovative field can be applied to solve problems related to commercialization, regularization and governance of various cloud computing uses. Many enterprises are experiencing the need for this technology. This in turn has given impetus to the global Cloud Engineering Market.
In simple terms, this process utilizes the techniques and information of the engineering field to create, form, run and maintain cloud computing systems and solutions. The usage of this procedure can aid in designing a system that can harness the efficiency and economic benefits of cloud resources. If created rightly, the system developed can solve many business issues.
The demand for this method has risen drastically over the years due to exposure to the internet. Experts believe that cloud engineering will revolutionize the way people perceive science, control business and solve perplexing problems like epidemic ailments and weather fluctuations.
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Market Scenario
This the digital era, every business is being exposed to the internet. Due to this fact, it can be confidently said that the global cloud engineering market will expand massively in the coming years. During the forecast period of 2018-2022, the market is expected to earn USD 12.78 billion. In terms of CAGR, the market is expected to grow at the rate of 20.65%.
There are many growth drivers that are responsible for the development of this market. The advent of an innovative concept like internet of things can be identified as one of the chief growth propellers for this market. Experts suggest, that its emergence will boost the sales of the market throughout the forecast period.
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 contributes 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.
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TABLE OF CONTENTS
LIST OF FIGURES
Figure 1 Research Organization Size
Figure 2 Global Cloud Engineering Market, By Service Type
Figure 3 Global Cloud Engineering Market, By Deployment
Figure 4 Global Cloud Engineering Market, By Organization Size
Figure 5 Global Cloud Engineering Market, By End-Users
Figure 6 Global Cloud Engineering Market, By Regions
Figure 7 North America Cloud Engineering Market, By Service Type
Figure 8 North America Cloud Engineering Market, By Deployment
Figure 9 North America Cloud Engineering Market, By Organization Size
Figure 10 North America Cloud Engineering Market, By End-Users
Figure 11 Europe Cloud Engineering Market, By Service Type
Figure 12 Europe Cloud Engineering Market, By Deployment
Figure 13 Europe Cloud Engineering Market, By Organization Size
Continued…
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