The Cloud Computing Market In 2013

The Cloud Computing Market In 2013

When it comes to cloud computing, expectations are high for 2013. Businesses of all sizes are putting their hopes into cloud computing technologies and services to help them deliver business value while reducing operating costs. According to a recent Foresights survey nearly 50% of all enterprises in North America and Europe will set aside budgets for cloud investments in 2013. Also, 50% of software development companies are planning to deploy applications in the cloud. Let’s see what analysts and researchers expect from the cloud computing market in 2013:

Cloud technology will reach more customers in 2013

The cloud computing marketplace will reach $16.7B in revenue by 2013, including the large and well-established software-as-a-service (SaaS) category, according to a research report by 451 Market Monitor, compared to a revenue of $8.7B in 2010.

According to analyst firm TechMarketView, more customers will start using Software as a Service (SaaS) and hosted business process (BPaaS) over the next year. Research director John O’Brien explained that in 2013 cloud technologies will have to respond to business expectations with “new services, partnerships and contracting models to meet client expectations for increased delivery flexibility, cost transparency, and elasticity of consumption. 2013 will be the test-bed for this and determine which models and suppliers are likely to succeed or fail.”

Cloud storage market to grow to $46.8 billion

According to the Cloud Storage Market-Worldwide Forecasts & Analysis research report (that includes Cloud Storage Gateways, Backup & Recovery, Data Movement & Access, Data Replication, Hsm & Archiving, Security And Storage Resource Management Solutions), published by http://www.marketsandmarkets.com/, the global cloud market is expected to grow from $5.6 billion in 2012 to $46.8 billion by 2013, at an estimated CAGR of 40.2% from 2013 to 2018.

Cloud computing in the federal government infrastructure

According to the U.S. Federal Cloud Computing Market Forecast 2013, the Federal Government cloud computing market enters into double-digit growth phase – at about 16% CAGR over the period 2013-2018.

Cloud IaaS market to grow by 47.8% through 2015

Gartner makes this prediction and it also advises outsourcers not moving in this direction that consolidation and cannibalization will occur in the 2013 – 2014 timeframe.

It’s obvious that cloud computing is expected to grow at an unprecedented rate in 2013. For sure, the cloud computing environment will extremely change over 2013 as it becomes inevitable for most companies.

By Rick Blaisdell / Rickscloud

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Latest posts by CloudTweaks (see all)

Sorry, comments are closed for this post.


CloudTweaks Sponsors - Find out more!

Popular

Top Viral Impact

BYOD Will Continue To Define Workplaces In 2014

BYOD Will Continue To Define Workplaces In 2014

BYOD Will Continue To Define Workplaces In 2014 The bring-your-own-device trend has been the subject of scrutiny ever since its initial formation. Given how quickly personal smartphones and tablets became a fixture in everyday life, it makes perfect sense that these mobile machines would slip into workplaces. While BYOD has caused headaches for many businesses,…

Cloud Infographic: Disaster Recovery

Cloud Infographic: Disaster Recovery

Cloud Infographic: Disaster Recovery  Business downtime can be detrimental without a proper disaster recovery plan in place. Only 6% of businesses that experience downtime without a plan will survive long term. Less than half of all businesses that experience a disaster are likely to reopen their doors. There are many causes of data loss and…

Big Data Analytics Adoption

Big Data Analytics Adoption

Big Data Analytics Adoption Big Data is an emerging phenomenon. Nowadays, many organizations have adopted information technology (IT) and information systems (IS) in business to handle huge amounts of data and gain better insights into their business. Many scholars believe that Business Intelligence (BI), solutions with Analytics capabilities, offer benefits to companies to achieve competitive…

5 Ways The Internet of Things Will Drive Cloud Growth

5 Ways The Internet of Things Will Drive Cloud Growth

5 Ways The Internet of Things Will Drive Cloud Growth The Internet of Things is the latest term to describe the interconnectivity of all our devices and home appliances. The goal of the internet of things is to create universal applications that are connected to all of the lights, TVs, door locks, air conditioning, and…

Cloud Infographic: Cloud Computing Growth

Cloud Infographic: Cloud Computing Growth

An excellent infographic provided by AwesomeCloud which predicts a continued high level of growth in the cloud computing industry. Potentially staggering numbers for Public Cloud IT Services of $100 Billion by 2016. Infographic Source: AwesomeCloud About Latest Posts Follow Us!CloudTweaksEstablished in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the…


Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

You can help continue to support our community by social sharing, sponsoring, partnering or contributing to this great educational resource.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021
contact@cloudtweaks.com

Join our newsletter