2016 set to be a defining year for the cloud

The results are in and it seems at its half way point, 2016 has been a defining year for cloud.

According to the 2016 Cloud Adoption Survey by Extreme Networks, private cloud is giving way to hybrid cloud - nearly half of large enterprises will go hybrid by the end of next year.

Cloud Identity and Access Management market to reach $2.8 billion by 2020

A new report by Allied Market Research projects that the global cloud IAM market would garner revenue of $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.

Cloud Security Industry Analysis 2020

The world cloud security market is expected to generate $8.9 billion by 2020, registering a CAGR of 23.5% from 2015 to 2020. North America dominates the world cloud security market, owing to growing adoption of cloud services in several industries in the region. However, Asia-Pacific region is expected to grow rapidly during the forecast period.

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

A new report by Allied Market Research titled, “World Cloud Identity and Access Management (IAM) Market – Opportunities and Forecasts, 2014 – 2020” projects that the global cloud IAM market would garner revenue of $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.

Identity and access management is a business security framework that manages digital identities, both inside and outside an enterprise. Varied technological environments, increasing cyber-attacks, strict regulatory compliances, and increasing digital identities across organizations are propelling the need of IAM services for information security. Integration of IAM with cloud is gaining popularity owing to its low cost and enhanced security.

The user provisioning service is the largest revenue-generating service of the cloud IAM market, accounting for nearly 40% of the total market revenue in 2014. This segment is expected to maintain its dominance throughout the analysis period.

Among the key end use verticals, IT & telecom was the largest contributor, which accounted for around 25% share in 2014. Stringent government regulations and security standards along with the increasing use of BYOD are the key factors supplementing the adoption of IAM services in IT & telecom sector.

Private cloud dominated the overall cloud IAM market by deployment type, and constituted for around 50% share in 2014, owing to its enhanced data security compared to public cloud and hybrid cloud. However, hybrid cloud would witness highest CAGR of 30.4% during the forecast period owing to its ability to manage IAM services in house as well as on cloud.

Read More: https://telecomnewsroom.com/2016/01/05/cloud-identity-and-access-management-iam-market-is-expected-to-reach-2-8-billion-worldwide-by-2020/

Personal cloud market set to reach $90 bn by 2020

The global personal cloud market is estimated to have revenues of $89.9 billion by 2020, according to new research.

The report by Allied Market Research, titled World Personal Cloud Market - Opportunities and Forecasts, 2014-2020, said that the market would increase by 33.1 per cent between 2015 and 2020. It said that growing customer awareness is expected to boost the growth of the personal cloud services in future.

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

A new report by Allied Market Research titled, “World Cloud Identity and Access Management (IAM) Market – Opportunities and Forecasts, 2014 – 2020” projects that the global cloud IAM market would garner revenue of $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.

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

A new report by Allied Market Research titled, “World Cloud Identity and Access Management (IAM) Market - Opportunities and Forecasts, 2014 - 2020” projects that the global cloud IAM market would garner revenue of $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.

Identity and access management is a business security framework that manages digital identities, both inside and outside an enterprise. Varied technological environments, increasing cyber-attacks, strict regulatory compliances, and increasing digital identities across organizations are propelling the need of IAM services for information security. Integration of IAM with cloud is gaining popularity owing to its low cost and enhanced security.

The user provisioning service is the largest revenue-generating service of the cloud IAM market, accounting for nearly 40% of the total market revenue in 2014. This segment is expected to maintain its dominance throughout the analysis period.

Among the key end use verticals, IT & telecom was the largest contributor, which accounted for around 25% share in 2014. Stringent government regulations and security standards along with the increasing use of BYOD are the key factors supplementing the adoption of IAM services in IT & telecom sector.

Read More: http://www.thehansindia.com/posts/index/2016-01-08/Cloud-Identity-and-Access-Management-IAM-Market-is-Expected-to-Reach-28-Billion-Worldwide-By-2020-198845

Personal Cloud Market To Reach $89.9 Billion

According to a new report by Allied Market Research the world personal cloud market is estimated to garner revenue of $89.9 billion by 2020, registering a CAGR [compound annual growth rate] of 33.1% during 2015-2020.

Growing customer awareness is expected to boost the growth of the personal cloud services in future. Personal cloud for individuals, which is the foremost application of these solutions, would continue to lead the market in future. However, the growing demands from the Asia-Pacific region would lead to a major turnaround in the market and would constitute about two-fifths of total market share in 2020, surpassing North America and Europe.

Technological advancements in the fields of cloud computing and electronic gadgets have led to the advent of the digital era, says Allied Market Research. Increasing adoption of smartphones, tablets and other mobile devices have boosted the growth of personal cloud market owing to increasing storage requirements. Several organizations have focused on improving productivity by developing a virtualized workplace using personal cloud storage solutions.

The Internet and social media applications as well as emergence of multi-featured, affordable smartphone devices have led to the trend of storing and accessing personal data using personal cloud platforms. Improvised secure features and personalized data storage offer an exceptional user experience. This has resulted in the increased demand of personal cloud solutions among individuals and has created growth opportunities for developing customized solutions. Additionally, the growing trend of adopting Bring-Your-Own-Device (BYOD) among organizations has helped in boosting the growth of the market.

Read More : http://www.mactech.com/2015/09/18/personal-cloud-market-reach-899-billion

World Personal Cloud Market Is Expected to Reach $89.9 Billion by 2020, Finds New Report

Market Research Reports, Inc. has announced the addition of “World Personal Cloud Market - Opportunities and Forecasts, 2014 -2020”

Lewes, DE -- (SBWIRE) -- 10/12/2015 -- World Personal Cloud Market Opportunities and Forecasts, 2014–2020," the world personal cloud market is estimated to garner revenue of $89.9 billion by 2020, registering a CAGR of 33.1% during 2015–2020. Growing customer awareness is expected to boost the growth of the personal cloud services in future. Personal cloud for individuals, which is the foremost application of these solutions, would continue to lead the market in future. However, the growing demands from the Asia-Pacific region would lead to a major turnaround in the market and would constitute about two-fifths of total market share in 2020, surpassing North America and Europe.

Technological advancements in the fields of cloud computing and electronic gadgets have led to the advent of the digital era. Increasing adoption of smartphones, tablets and other mobile devices have boosted the growth of personal cloud market owing to increasing storage requirements. Several organizations have focused on improving productivity by developing a virtualized workplace using personal cloud storage solutions.

The internet and social media applications as well as emergence of multi-featured, affordable smartphone devices have led to the trend of storing and accessing personal data using personal cloud platforms. Improvised secure features and personalized data storage offer an exceptional user experience. This has resulted in the increased demand of personal cloud solutions among individuals and has created growth opportunities for developing customized solutions. Additionally, the growing trend of adopting Bring-Your-Own-Device (BYOD) among organizations has helped in boosting the growth of the market.Personal cloud solutions would continue to gain acceptance among individual users as well as business groups. Individual users would continue to dominate the market, constituting around three–fifths of total market revenue by 2020. However, the small business segment would exhibit the highest CAGR of 35% during 2015-2020, accounting for nearly one-fourth of overall market revenue by 2020.

Read More : http://www.digitaljournal.com/pr/2704284

World Personal Cloud Market Is Expected to Reach $89.9 Billion by 2020, Finds New Report

Market Research Reports, Inc. has announced the addition of “World Personal Cloud Market - Opportunities and Forecasts, 2014 -2020” research report to their

World Personal Cloud Market Opportunities and Forecasts, 2014–2020," the world personal cloud market is estimated to garner revenue of $89.9 billion by 2020, registering a CAGR of 33.1% during 2015–2020. Growing customer awareness is expected to boost the growth of the personal cloud services in future. Personal cloud for individuals, which is the foremost application of these solutions, would continue to lead the market in future. However, the growing demands from the Asia-Pacific region would lead to a major turnaround in the market and would constitute about two-fifths of total market share in 2020, surpassing North America and Europe.

Technological advancements in the fields of cloud computing and electronic gadgets have led to the advent of the digital era. Increasing adoption of smartphones, tablets and other mobile devices have boosted the growth of personal cloud market owing to increasing storage requirements. Several organizations have focused on improving productivity by developing a virtualized workplace using personal cloud storage solutions.

Technological advancements in the fields of cloud computing and electronic gadgets have led to the advent of the digital era. Increasing adoption of smartphones, tablets and other mobile devices have boosted the growth of personal cloud market owing to increasing storage requirements.



Read more: http://www.digitaljournal.com/pr/2704284