Cloud Computing Market to Reach US$ 121.1 Billion by 2015 New Report by MarketsandMarkets


(PRWEB) July 27, 2014

The Cloud Computing Market: Global Forecast (2010 2015) analyzes the cloud computing market by services and deployment model and studies the major market drivers, restraints, and opportunities for the cloud computing market in the U.S., Europe, and Asia.

Browse market data tables and in-depth TOC on Cloud Computing Market http://www.marketsandmarkets.com/Market-Reports/cloud-computing-234.html.

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Cloud computing not only reduces business costs, but also makes applications accessible from any

location, and reacts swiftly to changes in business needs. While interoperability and data security issues may hinder market growth, the future of cloud computing seems promising with IT giants such as IBM, Google, Microsoft, and Salesforce.com actively developing new solutions to address existing issues.

Cloud computing delivers software, platform, and IT infrastructure services via a shared network. In this model, businesses access resources such as hosted software and applications remotely, i.e., via the internet. The model not only obviates the need for making capital investments in servers and storage, but also results in zero operational expenses for running data centers.

Scope of the report

The research report categorizes the global cloud computing market on the basis of service, deployment model and geography; forecasting revenues and analyzing trends in each of the following submarkets:

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