TechNavio recognizes the following companies as the key players in Global Customer Cloud App Market: Apple Inc., Google Inc., Microsoft Corp. and Zoho Corp.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Customer Cloud App market is witnessing a number of new vendors entering the market and providing cloud-based storage solutions. With the entry of new vendors such as Western Digital Technologies Inc. and the expansion of free storage space by vendors such as Box Inc., there is increasing competition among vendors resulting in a decrease of prices of cloud-based storage solutions. Furthermore, many established vendors are entering into partnerships with other cloud-based service providers to develop cloud-based storage solutions to provide an end-to-end solution to customers. Large storage infrastructures are being established to meet the growing cloud computing and cloud-based storage requirements of customers across the globe.”
According to the report, one of the major drivers is the increased need for effective and efficient storage systems. Consumer cloud computing allows users to effectively store content in the form of photos, music, documents, etc. Data stored on the cloud can be accessed anytime and through a web browser on any device such as a smartphone, tablet, PC or any handheld device.
Further, the report states that one of the major challenges is a growing concern for the security of data in the network. Personal data security is a major concern for customers that are storing their data over the cloud storage infrastructure. The cloud-based storage service providers are incorporating advanced security measures which ensure the safety of the data.
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 vendors. For further information on this report, please visit https://www.technavio.com/report/global-customer-cloud-app-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Customer Cloud App Market 2014-2018
