ID: MRFR/ICT/1458-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis of Global Web scale IT Market:
Web scale IT delivers cloud computing resources and infrastructure to large cloud based businesses which sort and analyze their increasing data depository fueling the business requirements. The market factors driving the growth of web scale IT are increasing need for managing the databases with companies, increasing use of broadband facilities, and the growing dependency of industries over internet to perform their routine business operations. The major challenges faced by web scale IT market includes highly adopted traditional monitoring systems and low performance by web scale IT monitoring tool solutions. Web scale IT requires flexible data handling capabilities to provide quick and accurate feedback on effectiveness of recent code deployment.
The global web scale IT market is expected to grow from USD ~200 Million in 2016 to USD~ 640 Million by 2022 with a growing estimated CAGR of ~17%. The high risk associated with mitigation of data is one of the major factor hindering the growth of web-scale IT market.
Global Web scale IT Market
Study Objectives of Global Web scale IT Market:
The prominent market players in the of 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.
The Global Web scale IT Market has been segmented on the basis of solution, services, providers and end-user industry. Solution includes self-healing software, automation, analytics and SDDC (software defined data center) among others. The services include- consulting, maintenance and integration among others. Providers include marketplace builder, social networks, internet service providers and content providers among others. The end user industry includes healthcare, energy & utilities, media & entertainment, manufacturing, retail, transportation, BFSI and logistics among others.
The regional analysis of web scale IT market is being studied for areas such as Asia pacific, North America, Europe and rest of the world. Geographically, North America is expected to be the largest market in terms of revenue contribution due to high adoption of cloud based services by production systems and by distribution channels. Furthermore, Asia Pacific is expected to grow rapidly in web scale IT market due to growing investment by leading players including JoyentCloud, Rackspace, and VMware in enhancing cloud based services in the region. Also, Increase in demand of software based services in developing countries such as India and China is expected to lead growth in web scale IT market in Asia-Pacific region.
Frequently Asked Questions (FAQ) :
Healing Software, Automation, Analytics are the solution-dependent segments in the market.
High adoption of traditional monitoring systems coupled with the low performance of web scale IT monitoring tool solutions can be the main challenges that the market can face in the conjectured timeframe.
The market growth in the near future is projected to be at a rate of 17%, says MRFR report.
BFSI, healthcare, manufacturing, media & entertainment, transportation, retail, logistics, energy & utilities, and others are the main end-users in the web scale IT market.
5. The APAC market growth is boosted what factors?