TechNavio today launched its report Global Cloud Equipment Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Data Centers team said; ”An increasing number of vendors are entering the Global Cloud Equipment market. This has led to increased competition, as a result of which the vendors are decreasing the prices of their equipment to remain competitive in the market and also to retain their market share. The market is also witnessing a trend wherein the cloud equipment vendors are incorporating additional features such as higher security and scalability into their equipment. The increased deployment of the hybrid cloud and internal cloud-based services is also leading to economies of scale, and consequently a reduction in the prices of the equipment.”
According to the report, the emerging need of enterprises to better manage their network infrastructure is increasingly driving the adoption of cloud-based computing across the world. Enterprises across the globe are demanding round-the-clock support and access to applications from remote locations. The increasing demand for cloud-based application hosting and cloud computing is driving the demand for cloud equipment. Further, the reduced cost associated with cloud applications is leading to higher adoption of cloud equipment among end-users.
Further, the report also discusses that the increasing concern regarding availability of cloud resources is posing a challenge in the Global Cloud Equipment market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-cloud-equipment-market-2011-2015
Follow us on Twitter @ Technavio