Global Cloud-enabling Technologies Market 2017-2021 Description
TechNavio - Infiniti Research Ltd.
Global Cloud-enabling Technologies Market 2017-2021
About Cloud Enabling Technologies
Cloud computing is the use of computing resources that are delivered to customers with the help of Internet. The evolution of cloud computing has led to the emergence of cloud-enabling technologies such as virtualization, automated computing, and service-oriented architecture (SOA) technologies. Cloud computing enables enterprises to use these technologies without having a deep understanding or expertise of how they function. Virtualization refers to the technique of creating a virtual version of the physical infrastructure and is the most popular among cloud-enabling technologies. It reduces IT costs and improves the agility of the business. After the emergence of cloud-enabling technologies, IT operations are being automated, and resources are being supplied on demand. SOA refers to a collection of services that can be integrated and offered as cloud-based solutions to enterprises. Advances in these technologies have led to the increased adoption of cloud-based services worldwide.
Technavio’s analysts forecast the global cloud enabling technologies market to grow at a CAGR of 8.84% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud enabling technologies market for 2017-2021. To calculate the market size, the report considers the revenue generated from the adoption of virtualization, automation and management (A&M) and service-oriented architecture (SOA) solutions for cloud environments.
The market is divided into the following segments based on geography:
Technavio's report, Global Cloud Enabling Technologies Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of operating in this market.
Key vendors - BMC Software
- CA Technologies
- Citrix Systems
- HPE
- IBM
- Microsoft
- Oracle
- Dell (VMware)
Other prominent vendors - Adaptive Computing
- Brocade Communications Systems
- Fujitsu
- Huawei Technologies
- Infosys
- NEC Corporation
- Puppet
- Red Hat
- SAP
- ServiceNow
- Tata Consultancy Services
- Veeam Software
- Wipro
Market driver - Decrease in the cost of cloud-enabling technology solutions.
- For a full, detailed list, view our report
Market challenge - Vendor lock-in between traditional physical infrastructure and software solutions.
- For a full, detailed list, view our report
Market trend - Growing implementation of software-defined networking (SDN).
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are in this market space?
- What are the market opportunities and threats faced by the key vendors??
- What are the strengths and weaknesses of the key vendors??
Press Release
Technavio Announces the Publication of its Research Report – Global Cloud Enabling Technologies Market 2017-2021
Technavio recognizes the following companies as the key players in the global cloud enabling technologies market: BMC Software, CA Technologies, Citrix Systems, HPE, IBM, Microsoft, Oracle, and Dell (VMware).
Other Prominent Vendors in the market are: Adaptive Computing, Brocade Communications Systems, Fujitsu, Huawei Technologies, Infosys, NEC Corporation, Puppet, Red Hat, SAP, ServiceNow, Tata Consultancy Services, Veeam Software, and Wipro.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing implementation of SDN. Network virtualization enables consolidation of multiple physical network infrastructures, which is splitting the network resources across several VMs. Network virtualization enhances speed and enables better A&M of the network using software elements. SDN enables the programmable management of this architecture. SDN is an evolving network architecture in which the network control and the forwarding plane are decoupled so that they can be programmed directly. This transfer of control from specific network devices to manageable computing devices simplifies the management of network infrastructure in an enterprise's environment. SDN provides control to the enterprise's business operations through a single logical point simplifying network design and operations. This architecture also streamlines operational functions of the network infrastructure using the instructions from SDN controllers.”
According to the report, one driver in market is growing adoption of cloud-based services. There is a trend among enterprises to adopt cloud-based services for at least one of the operational needs of their businesses. Cloud computing uses cloud-enabling technologies to simplify cloud operations for end-users. Increased adoption of these services by enterprises will lead to innovations in technologies that will make the cloud environment more efficient. Many vendors are focusing on improving their products to enhance cloud capabilities and remain competitive in the market. Virtualization offers a simplified platform to optimize IT resources by making them more scalable, which indirectly decreases the cost of adopting cloud technology. It also simplifies the delivery of services in cloud environments. SOA governance is a concept that allows organizations to explore SOA in accordance with government regulations. Increased complexity of business operations has resulted in the need for enhanced A&M techniques. Cloud-enabling technologies will continue to evolve in several areas including performance, availability, scalability, and security during the forecast period.
Further, the report states that one challenge in market is ambiguity toward the adoption of enabling technologies. The availability of vendors offering cloud-enabling technological solutions is growing as more enterprises are focused on improving the A&M of modern cloud platforms. The IT environments of enterprises are becoming complex as applications are being deployed on both on-premises as well as cloud platforms. The growing scope of IoT and big data analytics necessitate better automation for the efficient functioning of business operations. The products offered in the market vary vastly from one vendor to another in terms of the availability of features. Operating on a cloud platform requires a structured approach to overcome future challenges that can lead to the escalation of OPEX. Enterprises must also hire professionals with domain expertise in deploying and managing these technologies. Challenges pertaining to the disruption of existing business operations will be a major struggle in the process of adopting advanced solutions such as SDDC. As organizations consider moving their operations to cloud, the choice of cheaper and appropriate solutions supporting their current and future needs is important.
Companies Mentioned
BMC Software, CA Technologies, Citrix Systems, HPE, IBM, Microsoft, Oracle, Dell (VMware), Adaptive Computing, Brocade Communications Systems, Fujitsu, Huawei Technologies, Infosys, NEC Corporation, Puppet, Red Hat, SAP, ServiceNow, Tata Consultancy Services, Veeam Software, and Wipro.
