Cloud Computing Services Market Overview and Forecast by 2031
The Cloud Computing Services Market is expected to register a CAGR of 15.8% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)); Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud); Enterprise Size (SMEs, Large Enterprises); End-User Industry (BFSI, IT and Telecommunication, Government and Public Sector, Consumer Goods and Retail, Manufacturing, Energy and Utilities, Media and Entertainment, Healthcare and Life Sciences, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Cloud Computing Services Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Cloud Computing Services Market Segmentation
Type- Infrastructure as a Service
- Platform as a Service
- Software as a Service
- Public Cloud
- Private Cloud
- Hybrid Cloud
- SMEs
- Large Enterprises
- BFSI
- IT and Telecommunication
- Government and Public Sector
- Consumer Goods and Retail
- Manufacturing
- Energy and Utilities
- Media and Entertainment
- Healthcare and Life Sciences
- Others
- BFSI
- IT and Telecommunication
- Government and Public Sector
- Consumer Goods and Retail
- Manufacturing
- Energy and Utilities
- Media and Entertainment
- Healthcare and Life Sciences
- Others
Strategic Insights
Cloud Computing Services Market Growth Drivers- Increased Adoption of Digital Transformation: The growing trend of digital transformation across industries is driving the Cloud Computing Services market. Organizations are shifting their IT infrastructure to the cloud for greater scalability, cost efficiency, and agility. Cloud services enable businesses to adopt innovative technologies, streamline operations, and enhance customer experiences, which is driving widespread cloud adoption and accelerating market growth.
- Cost Efficiency and Scalability: Cloud computing services offer significant cost advantages by eliminating the need for expensive on-premises infrastructure. Businesses only pay for the resources they use, allowing them to scale services up or down based on demand. This pay-as-you-go model makes cloud solutions more attractive to both large enterprises and SMEs, propelling growth in the cloud computing services market.
- Hybrid and Multi-Cloud Adoption: A key trend in the Cloud Computing Services market is the growing adoption of hybrid and multi-cloud strategies. Organizations are integrating both public and private cloud solutions to optimize flexibility, performance, and risk management. This approach allows businesses to diversify their cloud infrastructure, prevent vendor lock-in, and meet specific data security or regulatory requirements, driving further cloud adoption.
- Edge Computing Integration: The integration of edge computing with cloud services is gaining traction, especially in industries requiring low latency and real-time data processing. Edge computing brings data processing closer to the source, enhancing cloud service efficiency. This trend is particularly relevant in sectors like IoT, manufacturing, and autonomous vehicles, where rapid data processing and minimal delay are critical.
- SMEs Embracing Cloud Solutions: Small and Medium-Sized Enterprises (SMEs) are increasingly adopting cloud computing services to enhance operational efficiency and reduce IT costs. Cloud platforms offer SMEs access to advanced computing resources and technologies that were once only affordable for larger organizations. This growing adoption presents significant opportunities for cloud providers to develop tailored, scalable solutions for SMEs, fueling market expansion.
- Expansion in Emerging Markets: Emerging markets, particularly in Asia-Pacific, Africa, and Latin America, represent a significant growth opportunity for the cloud computing services market. As internet infrastructure improves and businesses in these regions undergo digital transformation, demand for cloud services is surging. Tailoring offerings to local business needs, regulatory frameworks, and data sovereignty requirements can help cloud providers tap into these rapidly growing markets.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Cloud Computing Services Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Cloud Computing Services Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Cloud Computing Services Market is estimated to witness a CAGR of 15.8% from 2023 to 2031
Increasing demand for scalability and reduced cost and flexibility are the major factors driving the cloud computing services market
Hybrid and multi-cloud strategies to play a significant role in the global cloud computing services market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cloud Computing Services Market - By Type
1.3.2 Cloud Computing Services Market - By Deployment Model
1.3.3 Cloud Computing Services Market - By Enterprise Size
1.3.4 Cloud Computing Services Market - By End-User Industry
1.3.5 Cloud Computing Services Market - By Region
1.3.5.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. CLOUD COMPUTING SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CLOUD COMPUTING SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CLOUD COMPUTING SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. CLOUD COMPUTING SERVICES - GLOBAL MARKET OVERVIEW
6.2. CLOUD COMPUTING SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CLOUD COMPUTING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. INFRASTRUCTURE AS A SERVICE (IAAS)
7.3.1. Overview
7.3.2. Infrastructure as a Service (IaaS) Market Forecast and Analysis
7.4. PLATFORM AS A SERVICE (PAAS)
7.4.1. Overview
7.4.2. Platform as a Service (PaaS) Market Forecast and Analysis
7.5. SOFTWARE AS A SERVICE (SAAS)
7.5.1. Overview
7.5.2. Software as a Service (SaaS) Market Forecast and Analysis
8. CLOUD COMPUTING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT MODEL
8.1. OVERVIEW
8.2. DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
8.3. PUBLIC CLOUD
8.3.1. Overview
8.3.2. Public Cloud Market Forecast and Analysis
8.4. PRIVATE CLOUD
8.4.1. Overview
8.4.2. Private Cloud Market Forecast and Analysis
8.5. HYBRID CLOUD
8.5.1. Overview
8.5.2. Hybrid Cloud Market Forecast and Analysis
9. CLOUD COMPUTING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
9.1. OVERVIEW
9.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMES
9.3.1. Overview
9.3.2. SMEs Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large Enterprises Market Forecast and Analysis
10. CLOUD COMPUTING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
10.1. OVERVIEW
10.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. BFSI
10.3.1. Overview
10.3.2. BFSI Market Forecast and Analysis
10.4. IT AND TELECOMMUNICATION
10.4.1. Overview
10.4.2. IT and Telecommunication Market Forecast and Analysis
10.5. GOVERNMENT AND PUBLIC SECTOR
10.5.1. Overview
10.5.2. Government and Public Sector Market Forecast and Analysis
10.6. CONSUMER GOODS AND RETAIL
10.6.1. Overview
10.6.2. Consumer Goods and Retail Market Forecast and Analysis
10.7. MANUFACTURING
10.7.1. Overview
10.7.2. Manufacturing Market Forecast and Analysis
10.8. ENERGY AND UTILITIES
10.8.1. Overview
10.8.2. Energy and Utilities Market Forecast and Analysis
10.9. MEDIA AND ENTERTAINMENT
10.9.1. Overview
10.9.2. Media and Entertainment Market Forecast and Analysis
10.10. HEALTHCARE AND LIFE SCIENCES
10.10.1. Overview
10.10.2. Healthcare and Life Sciences Market Forecast and Analysis
10.11. OTHERS
10.11.1. Overview
10.11.2. Others Market Forecast and Analysis
11. CLOUD COMPUTING SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Cloud Computing Services Market Overview
11.1.2 North America Cloud Computing Services Market Forecasts and Analysis
11.1.3 North America Cloud Computing Services Market Forecasts and Analysis - By Type
11.1.4 North America Cloud Computing Services Market Forecasts and Analysis - By Deployment Model
11.1.5 North America Cloud Computing Services Market Forecasts and Analysis - By Enterprise Size
11.1.6 North America Cloud Computing Services Market Forecasts and Analysis - By End-User Industry
11.1.7 North America Cloud Computing Services Market Forecasts and Analysis - By Countries
11.1.7.1 United States Cloud Computing Services Market
11.1.7.1.1 United States Cloud Computing Services Market by Type
11.1.7.1.2 United States Cloud Computing Services Market by Deployment Model
11.1.7.1.3 United States Cloud Computing Services Market by Enterprise Size
11.1.7.1.4 United States Cloud Computing Services Market by End-User Industry
11.1.7.2 Canada Cloud Computing Services Market
11.1.7.2.1 Canada Cloud Computing Services Market by Type
11.1.7.2.2 Canada Cloud Computing Services Market by Deployment Model
11.1.7.2.3 Canada Cloud Computing Services Market by Enterprise Size
11.1.7.2.4 Canada Cloud Computing Services Market by End-User Industry
11.1.7.3 Mexico Cloud Computing Services Market
11.1.7.3.1 Mexico Cloud Computing Services Market by Type
11.1.7.3.2 Mexico Cloud Computing Services Market by Deployment Model
11.1.7.3.3 Mexico Cloud Computing Services Market by Enterprise Size
11.1.7.3.4 Mexico Cloud Computing Services Market by End-User Industry
11.2. EUROPE
11.2.1 Europe Cloud Computing Services Market Overview
11.2.2 Europe Cloud Computing Services Market Forecasts and Analysis
11.2.3 Europe Cloud Computing Services Market Forecasts and Analysis - By Type
11.2.4 Europe Cloud Computing Services Market Forecasts and Analysis - By Deployment Model
11.2.5 Europe Cloud Computing Services Market Forecasts and Analysis - By Enterprise Size
11.2.6 Europe Cloud Computing Services Market Forecasts and Analysis - By End-User Industry
11.2.7 Europe Cloud Computing Services Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Cloud Computing Services Market
11.2.7.1.1 Germany Cloud Computing Services Market by Type
11.2.7.1.2 Germany Cloud Computing Services Market by Deployment Model
11.2.7.1.3 Germany Cloud Computing Services Market by Enterprise Size
11.2.7.1.4 Germany Cloud Computing Services Market by End-User Industry
11.2.7.2 France Cloud Computing Services Market
11.2.7.2.1 France Cloud Computing Services Market by Type
11.2.7.2.2 France Cloud Computing Services Market by Deployment Model
11.2.7.2.3 France Cloud Computing Services Market by Enterprise Size
11.2.7.2.4 France Cloud Computing Services Market by End-User Industry
11.2.7.3 Italy Cloud Computing Services Market
11.2.7.3.1 Italy Cloud Computing Services Market by Type
11.2.7.3.2 Italy Cloud Computing Services Market by Deployment Model
11.2.7.3.3 Italy Cloud Computing Services Market by Enterprise Size
11.2.7.3.4 Italy Cloud Computing Services Market by End-User Industry
11.2.7.4 United Kingdom Cloud Computing Services Market
11.2.7.4.1 United Kingdom Cloud Computing Services Market by Type
11.2.7.4.2 United Kingdom Cloud Computing Services Market by Deployment Model
11.2.7.4.3 United Kingdom Cloud Computing Services Market by Enterprise Size
11.2.7.4.4 United Kingdom Cloud Computing Services Market by End-User Industry
11.2.7.5 Russia Cloud Computing Services Market
11.2.7.5.1 Russia Cloud Computing Services Market by Type
11.2.7.5.2 Russia Cloud Computing Services Market by Deployment Model
11.2.7.5.3 Russia Cloud Computing Services Market by Enterprise Size
11.2.7.5.4 Russia Cloud Computing Services Market by End-User Industry
11.2.7.6 Rest of Europe Cloud Computing Services Market
11.2.7.6.1 Rest of Europe Cloud Computing Services Market by Type
11.2.7.6.2 Rest of Europe Cloud Computing Services Market by Deployment Model
11.2.7.6.3 Rest of Europe Cloud Computing Services Market by Enterprise Size
11.2.7.6.4 Rest of Europe Cloud Computing Services Market by End-User Industry
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Cloud Computing Services Market Overview
11.3.2 Asia-Pacific Cloud Computing Services Market Forecasts and Analysis
11.3.3 Asia-Pacific Cloud Computing Services Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Cloud Computing Services Market Forecasts and Analysis - By Deployment Model
11.3.5 Asia-Pacific Cloud Computing Services Market Forecasts and Analysis - By Enterprise Size
11.3.6 Asia-Pacific Cloud Computing Services Market Forecasts and Analysis - By End-User Industry
11.3.7 Asia-Pacific Cloud Computing Services Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Cloud Computing Services Market
11.3.7.1.1 Australia Cloud Computing Services Market by Type
11.3.7.1.2 Australia Cloud Computing Services Market by Deployment Model
11.3.7.1.3 Australia Cloud Computing Services Market by Enterprise Size
11.3.7.1.4 Australia Cloud Computing Services Market by End-User Industry
11.3.7.2 China Cloud Computing Services Market
11.3.7.2.1 China Cloud Computing Services Market by Type
11.3.7.2.2 China Cloud Computing Services Market by Deployment Model
11.3.7.2.3 China Cloud Computing Services Market by Enterprise Size
11.3.7.2.4 China Cloud Computing Services Market by End-User Industry
11.3.7.3 India Cloud Computing Services Market
11.3.7.3.1 India Cloud Computing Services Market by Type
11.3.7.3.2 India Cloud Computing Services Market by Deployment Model
11.3.7.3.3 India Cloud Computing Services Market by Enterprise Size
11.3.7.3.4 India Cloud Computing Services Market by End-User Industry
11.3.7.4 Japan Cloud Computing Services Market
11.3.7.4.1 Japan Cloud Computing Services Market by Type
11.3.7.4.2 Japan Cloud Computing Services Market by Deployment Model
11.3.7.4.3 Japan Cloud Computing Services Market by Enterprise Size
11.3.7.4.4 Japan Cloud Computing Services Market by End-User Industry
11.3.7.5 South Korea Cloud Computing Services Market
11.3.7.5.1 South Korea Cloud Computing Services Market by Type
11.3.7.5.2 South Korea Cloud Computing Services Market by Deployment Model
11.3.7.5.3 South Korea Cloud Computing Services Market by Enterprise Size
11.3.7.5.4 South Korea Cloud Computing Services Market by End-User Industry
11.3.7.6 Rest of Asia-Pacific Cloud Computing Services Market
11.3.7.6.1 Rest of Asia-Pacific Cloud Computing Services Market by Type
11.3.7.6.2 Rest of Asia-Pacific Cloud Computing Services Market by Deployment Model
11.3.7.6.3 Rest of Asia-Pacific Cloud Computing Services Market by Enterprise Size
11.3.7.6.4 Rest of Asia-Pacific Cloud Computing Services Market by End-User Industry
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Cloud Computing Services Market Overview
11.4.2 Middle East and Africa Cloud Computing Services Market Forecasts and Analysis
11.4.3 Middle East and Africa Cloud Computing Services Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Cloud Computing Services Market Forecasts and Analysis - By Deployment Model
11.4.5 Middle East and Africa Cloud Computing Services Market Forecasts and Analysis - By Enterprise Size
11.4.6 Middle East and Africa Cloud Computing Services Market Forecasts and Analysis - By End-User Industry
11.4.7 Middle East and Africa Cloud Computing Services Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Cloud Computing Services Market
11.4.7.1.1 South Africa Cloud Computing Services Market by Type
11.4.7.1.2 South Africa Cloud Computing Services Market by Deployment Model
11.4.7.1.3 South Africa Cloud Computing Services Market by Enterprise Size
11.4.7.1.4 South Africa Cloud Computing Services Market by End-User Industry
11.4.7.2 Saudi Arabia Cloud Computing Services Market
11.4.7.2.1 Saudi Arabia Cloud Computing Services Market by Type
11.4.7.2.2 Saudi Arabia Cloud Computing Services Market by Deployment Model
11.4.7.2.3 Saudi Arabia Cloud Computing Services Market by Enterprise Size
11.4.7.2.4 Saudi Arabia Cloud Computing Services Market by End-User Industry
11.4.7.3 U.A.E Cloud Computing Services Market
11.4.7.3.1 U.A.E Cloud Computing Services Market by Type
11.4.7.3.2 U.A.E Cloud Computing Services Market by Deployment Model
11.4.7.3.3 U.A.E Cloud Computing Services Market by Enterprise Size
11.4.7.3.4 U.A.E Cloud Computing Services Market by End-User Industry
11.4.7.4 Rest of Middle East and Africa Cloud Computing Services Market
11.4.7.4.1 Rest of Middle East and Africa Cloud Computing Services Market by Type
11.4.7.4.2 Rest of Middle East and Africa Cloud Computing Services Market by Deployment Model
11.4.7.4.3 Rest of Middle East and Africa Cloud Computing Services Market by Enterprise Size
11.4.7.4.4 Rest of Middle East and Africa Cloud Computing Services Market by End-User Industry
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Cloud Computing Services Market Overview
11.5.2 South and Central America Cloud Computing Services Market Forecasts and Analysis
11.5.3 South and Central America Cloud Computing Services Market Forecasts and Analysis - By Type
11.5.4 South and Central America Cloud Computing Services Market Forecasts and Analysis - By Deployment Model
11.5.5 South and Central America Cloud Computing Services Market Forecasts and Analysis - By Enterprise Size
11.5.6 South and Central America Cloud Computing Services Market Forecasts and Analysis - By End-User Industry
11.5.7 South and Central America Cloud Computing Services Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Cloud Computing Services Market
11.5.7.1.1 Brazil Cloud Computing Services Market by Type
11.5.7.1.2 Brazil Cloud Computing Services Market by Deployment Model
11.5.7.1.3 Brazil Cloud Computing Services Market by Enterprise Size
11.5.7.1.4 Brazil Cloud Computing Services Market by End-User Industry
11.5.7.2 Argentina Cloud Computing Services Market
11.5.7.2.1 Argentina Cloud Computing Services Market by Type
11.5.7.2.2 Argentina Cloud Computing Services Market by Deployment Model
11.5.7.2.3 Argentina Cloud Computing Services Market by Enterprise Size
11.5.7.2.4 Argentina Cloud Computing Services Market by End-User Industry
11.5.7.3 Rest of South and Central America Cloud Computing Services Market
11.5.7.3.1 Rest of South and Central America Cloud Computing Services Market by Type
11.5.7.3.2 Rest of South and Central America Cloud Computing Services Market by Deployment Model
11.5.7.3.3 Rest of South and Central America Cloud Computing Services Market by Enterprise Size
11.5.7.3.4 Rest of South and Central America Cloud Computing Services Market by End-User Industry
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. CLOUD COMPUTING SERVICES MARKET, KEY COMPANY PROFILES
13.1. AKAMAI TECHNOLOGIES
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AMAZON WEB SERVICES
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CISCO SYSTEMS, INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. GOOGLE, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. IBM CORPORATION
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. MICROSOFT CORPORATION
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. NETSUITE INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. ORACLE CORPORATION
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. VMWARE CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. YAHOO, INCORPORATION
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Akamai Technologies
2. Amazon Web Services
3. Cisco Systems, Inc.
4. Google, Inc.
5. IBM Corporation
6. Microsoft Corporation
7. Netsuite Inc.
8. Oracle Corporation
9. VMWare Corporation
10. Yahoo, Incorporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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