Canada Sri Lankan Community News
- Tuesday, 17 January 2017 06:45
- - Ashish
Web scale IT Market is expected to grow at CAGR of ~17% during the forecast period and expected to reach market size of USD ~640 Million by the end of forecast period. The growth is majorly attributed to reduced cost of database infrastructure due to cost efficient cloud based solutions. However, low performance of storage infrastructure and threat of data security especially small enterprises are taking less initiative in adopting web scale IT technology.
Web scale IT can be characterized by elimination of silos of old software development techniques as it is facilitates with a self-healing system which can allow failures in components by using automatic recovery systems.
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The major market players in the Web scale IT market are- Nutanix Inc.(U.S.), VMware Inc.(U.S.), Amazon Web Services, Inc.(U.S.), Google, Inc.(U.S.), Rackspace Inc. (U.S.), Scale computing Inc.(U.S.), SimpliVity Corporation (U.S.), Nexenta Systems, Inc.(U.S.), Pivot3 Inc. (U.S.), IBM Corporation(U.S.), Facebook, Inc (U.S.), Hewlett Packard Enterprise(U.S.), CloudBees, Inc.(U.S.), Netflix, Inc( U.S.), CloudSigma Holding AG(Switzerland), and Microsoft Corporation (U.S.) among others.
Web scale IT Market
The Global Web scale IT Market has been segmented on the basis of solution, services, providers and end-user industry. Solution segment comprises of self-healing software, automation, analytics and SDDC (software defined data center) among others. It provides services such as consulting, maintenance and integration to serve various end-user sectors including healthcare, energy & utilities, media & entertainment, manufacturing, retail, transportation, BFSI and logistics among others. Furthermore, Providers include marketplace builder, social networks, internet service providers and content providers among others.
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Market Research Analysis:
Market Research Future Analysis shows that North America has the largest cloud based services market which is developing high end opportunity for web scale IT market in the region. Asia Pacific is the fastest growing region in web scale IT market due to growing adoption of web based solutions in developing countries such as India, China, Japan, and Singapore. The expansion of cloud providers by deployment of new cellular telecommunication sites in this region is also fueling the growth of web scale IT market.
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