The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Community Cloud Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.
Community cloud demand is expected to grow at a CAGR of around 24% during the forecast period 2021-2031. Global demand for high performance with low latency infrastructure is a significant driving factor for community cloud industry. Along with it, achieving economies of scale by use of shared cost model, shared concerns for data redundancy, security and compliance, and green computing initiative for reducing number of servers are some of the factors leading to the adoption of community cloud market.
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Healthcare Sector to Emerge as the Fastest Growing Industry
Healthcare organizations have been steadily, but cautiously, transitioning to the cloud. In addition to frequent mergers and acquisitions demanding the consolidation of information, data sharing and collaboration are becoming increasingly important. Those with a vested interest in healthcare data are seeking ways to streamline the information sharing process, while protecting sensitive patient data.
Who are the Key Community Cloud Providers?
Some of the leading providers of community cloud include
- Amadeus IT Group SA
- Atos SE
- Google Inc.
- Amazon Web Services LLC
- Computer Sciences Corporation
- IBM Global Services
- Akamai Technologies, Inc.
- Broadcom Inc.
- Dell Inc.|
- Cisco Systems
- INetU Inc.
- EMC Corp.
- Optum, Inc.
- Microsoft Corp. among others.
Key Segments
By Component:
- Hardware
- Server
- Networking
- Storage
- Others
- Software
- Enterprise Applications Software
- Collaboration Tools Software
- Dashboards and Business Intelligence Software
- Services
- Training Services
- Maintenance & Support
- Regulation and Compliance
- Consulting
By Application:
- Backup and Recovery
- Security and Data Privacy
- Storage
- Analytics
- Others
By Industry:
- BFSI
- Telecom and IT
- Media and Entertainment
- Transportation & Logistics
- Healthcare
- Education
- Others
By Region:
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Russia
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia & Pacific
- India
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Queries Solved
- What is the size of the overall Community Cloud Market in the Technology Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Community Cloud Market in the Technology Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Community Cloud Market in the Technology Market?
- What is the Community Cloud Market in the Technology Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Community Cloud Market in the Technology Market?
- What are the recent trends in Community Cloud Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Community Cloud Market in the growth of the Technology Market?
- What are the key market trends impacting the growth of the Community Cloud Market in the Technology Market?
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Market Background
Reasons to Buy the report
- The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
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- Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.