London, 03 October 2015 – Technavio has published a new report on the cloud enabling technology market in the US, which is expected to grow at a CAGR of almost 15% from 2015-2019.
About the Report
The new market research report by Technavio draws attention towards the growing adoption of cloud-based services by both small and medium-sized businesses and large enterprises in the US, which is attributed to the services cloud technology provides, including high agility, flexibility, and scalability in IT.
“Vendors are increasingly focusing on product improvement to enhance cloud capabilities and remain competitive in the market, which will improve the cloud-enabling technology market in the forecast period,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also accentuates the adoption of big data analytics for solving business solutions, which will assist in decision-making process for businesses.
“The increased complexity of the cloud environment will act as a driver for the adoption of cloud-based big data analytics to accurately find business solutions and decision-making,” says Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the cloud enabling technology market in the US from 2015-2019. To calculate the market size, this report considers revenue generated by the adoption of virtualization, automated computing, and service-oriented architecture by enterprises solutions.
Key Information Covered in the Report:
Key Vendors:
- BMC Software
- CA Technologies
- Citrix Systems
- HP
- IBM
- Microsoft
- Oracle
- VMware
Market Growth Drivers:
- Growing adoption of cloud-based services
- For a full detailed list, view our report.
Market Challenges:
- Increased cloud security concerns
- For a full detailed list, view our report.
Market Trends:
- Emergence of software-defined data centers
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
