Market Analysis

Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC

Grazed from IDC

Worldwide spending on public cloud services and infrastructure is forecast to reach $160 billion in 2018, an increase of 23.2% over 2017, according to the latest update to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Spending Guide. Although annual spending growth is expected to slow somewhat over the 2016-2021 forecast period, the market is forecast to achieve a five-year compound annual growth rate (CAGR) of 21.9% with public cloud services spending totaling $277 billion in 2021.

The industries that are forecast to spend the most on public cloud services in 2018 are discrete manufacturing ($19.7 billion), professional services ($18.1 billion), and banking ($16.7 billion). The process manufacturing and retail industries are also expected to spend more than $10 billion each on public cloud services in 2018. These five industries will remain at the top in 2021 due to their continued investment in public cloud solutions. The industries that will see the fastest spending growth over the five-year forecast period are professional services (24.4% CAGR), telecommunications (23.3% CAGR), and banking (23.0% CAGR).

Cloud Identity Access Management (IAM) Market is Expected to Reach $2.8 Billion, Globally, By 2020

Grazed from Allied Market Research

The leading players have adopted competitive strategies such as acquisition, product launch and agreement in order to strengthen their market presence. For instance, in 2015, Sailpoint Technologies, Inc. acquired Whitebox Security, which would help the company to manage unstructured data. In 2014, IBM acquired two IAM firms, Lighthouse Security Group and CrossIdeas to expand and enhance its identity and access management (IAM) offerings.

Cloud Identity Access Management (IAM) Market report, published by Allied Market Research, forecasts that the global market is expected to garner $2.8 Billion by 2020, registering a CAGR of 26.2% during the forecast period 2015 - 2020. Multi factor authentication service is expected to witness fastest growth, at a CAGR of 30.5% from 2015 to 2020. North America was the highest revenue generating region in 2014 for cloud IAM, followed by Europe and Asia-Pacific.

Encryption Software Market is expected to reach $2.5 Billion, Globally by 2021

Grazed from Allied Market Research.

Global Encryption Software Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $2.5 billion by 2021, registering a CAGR of 14.2% during the period 2016 - 2022. North America is expected to be the leading contributor during the forecast period, owing to higher adoption of end-point security solutions among organizations and prevalence of higher data protection & compliance regulations. However, Asia-Pacific region is anticipated to grow at the fastest rate, due to the growing penetration of cloud computing and increasing workforce mobility.

The encryption software market by usage comprises encryption for data-at-rest and encryption for data-in-transit. In 2014, data-at-rest encryption software segment accounted for approximately 93.4% of the total encryption software market by value. For data-at-rest, the two most commonly used encryption software methods include full disk encryption (FDE) and file level encryption (FLE), with full disk encryption being the most widely deployed method for protecting data against theft and ensuring compliance with data privacy and data breach notification laws. FDE is preferred over the FLE primarily due to the two major advantages, viz. ease of deployment and management, and complete security.

With Over 40 Percent Market Share, Frost & Sullivan Names Zscaler a Leader in Cloud-Based Advanced Malware Protection

Grazed from Zscaler, Inc.

Zscaler, Inc., the leading cloud security company, has grown to own the largest share of the cloud delivered Network-based Advanced Malware Analysis (NAMA) market according to Frost & Sullivan, an industry analyst firm that recently released a comprehensive report on the NAMA market in the Asia Pacific region.

According to the "Asia-Pacific Network-based Advanced Malware Analysis (NAMA) Solutions Market" report published in October, Frost & Sullivan forecasts that the NAMA market in Asia Pacific reached $133 million in revenue in 2015 and will grow to $940 million by 2020 as this security technology gains greater adoption. Due to the need for cost effective solutions, the analyst firm expects the cloud-based sector of the market to grow at 60 percent, outpacing by 17 percentage points the growth for on-premises solutions (expected to grow at 43 percent).

Workspace as a Service Market "Shifts into High Gear" with Sales Expected to Reach US $18.37 Billion by 2022

Grazed from IndependenceIT

IndependenceIT, a cloud management platform provider that enables IT departments, service providers and ISVs to easily deploy Software Defined Data Centers, App Workloads and Cloud Workspaces, today cited new findings by Transparency Research in a report titled, "Growth of Global WaaS Market Shifts into High Gear with Expanding Enterprise Mobility, Expected to Reach US$18.37 billion by 2022." Leading analysts have been watching with growing interest as IT administrators reduce the cost and complexity of their IT environments while improving efficiency and mobility with WaaS solutions that enable cloud-based access to desktops, applications, data, and complete workspaces from any location or device.

Gartner Says Worldwide Server Virtualization Market Is Reaching Its Peak

Grazed from Gartner

The worldwide x86 server virtualization market is expected to reach $5.6 billion in 2016, an increase of 5.7 percent from 2015, according to Gartner, Inc. Despite the overall market increase, new software licenses have declined for the first time since this market became mainstream more than a decade ago. Growth is now being driven by maintenance revenue, which indicates a rapidly maturing software market segment.

Speaking ahead of the Gartner Infrastructure, Operations & Data Centre Summit in Sydney, Michael Warrilow, research director at Gartner, said: "The market has matured rapidly over the last few years, with many organizations having server virtualization rates that exceed 75 percent, illustrating the high level of penetration."

Netflix vs. Verizon: A sign of the cloud wars to come

Grazed from InfoWorld. Author: David Linthicum.

Fighting has erupted between Netflix and Verizon over who bears responsibility for the low quality of service some Netflix subscribers purportedly experience on Verizon's FiOS broadband service. The angry banter escalated sharply on Thursday when Verizon sent Netflix a letter threatening legal action if the video-streaming company doesn't stop talking smack about Verizon.

Verizon sells a cloud service of its own that Netflix does not use, and both companies sell streaming video services. Verizon customers who are also Netflix subscribers must access their Netflix content via their Verizon account. That seems to be where things go wrong for Netflix customers with Verizon accounts. Who didn't see this coming?...

Cloud Computing: Security Market Forecast - Troubles Ahead Spell Opportunities

Grazed from TheVarGuy.  Author: Elliot Markowitz.

The IT space is growing more dangerous. As much as security protection has advanced, new, more sophisticated threats are cropping up every day. While this is always an opportunity for solution providers, it's time-consuming to make sure customers are protected—especially as the world moves more toward mobile devices and cloud computing and needs to deal with Big Data.

These issues are being brought to the forefront of the industry as researcher Gartner gets ready to kick off its Security & Risk Management Summit in National Harbor, Maryland, later this month...

Roundup of Cloud Computing & Enterprise Software Market Estimates and Forecasts, 2013

Grazed from Forbes. Author: Louis Columbus.

When the CEO of a rust-belt manufacturer speaks of cloud computing as critical to his company’s business strategies for competing globally, it’s clear a fundamental shift is underway. Nearly every manufacturing company I’ve spoken with in the last ninety days has a mobility roadmap and is also challenged to integrate existing ERP, pricing and fulfillment systems into next-generation selling platforms.

One of the most driven CEOs I’ve met in manufacturing implemented a cloud-based channel management, pricing, quoting and CRM system to manage direct sales and a large distributor network across several countries. Manufacturers are bringing an entirely new level of pragmatism to cloud computing, quickly deflating its hype by pushing for results on the shop floor...

New Market Report: Hybrid Mobile-Cloud Computing Driving the Future of Enterprise Mobility

Grazed from Fast Market Research. Author: PR Announcement.

Hybrid Mobile Cloud (HMC) computing represents a systems in which a local, native mobile application with a great user interface, is married with cloud computing to provide an intelligent and scalable solution that is better than either native mobile app alone or an HTML5-only cloud computing application. Our research defines the roles of mobile and cloud computing in the enterprise today and provides a vision for how HMC computing will develop into a new paradigm that will become dominant within the next few years.

This report provides visibility into how HMC computing enables enterprise IT management to deploy customer-facing applications and become a more valued strategic asset for the organization. The analysis focuses on the impact of mobile becoming the primary channel for customers interaction most organizations. The report also provides recommendations for enterprise IT leadership regarding best integration practices for HMC computing within a corporate environment...