The web scale IT market is garnering substantial traction
worldwide. Market growth attributes to cloud computing capabilities and the
expansion of a sizeable cloud-based infrastructure. Besides, rising numbers of
businesses and adoption of the web scale IT capabilities drive the market
growth. Moreover, increasing need for managing the databases with companies and
the growing dependency of industries on the internet for routine business
operations escalate the market growth.
According to Market Research Future
(MRFR), the web scale IT market is poised to value at approximately 640 MN by
2022, growing at 17% CAGR throughout the estimated period (2016-2022).
Besides, spurring economic growth and rapid industrialization across the globe
boost the growth of the market. Additionally, rising awareness towards the
advantages of Web Scale IT and proper scaling strategy for the growing web
traffic increases the market size.
However, web-scale IT requires flexible
data handling capabilities to provide quick and accurate feedback on recent
code deployment effectiveness. Also, the high risk associated with the
mitigation of data is a significant factor hindering the growth of the web
scale IT market. Additionally, highly adopted traditional monitoring systems
and low performance by web-scale IT monitoring tool solutions are some of the
key factors expected to impede market growth.
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Global Web Scale IT Market -Segments
The report is segmented into four
dynamics;
By Solution:
Healing Software, Automation, Analytics, and others.
By Service
: Consulting & IT, Maintenance, Repair &
Integration, and others.
By Providers: Marketplace
Builder, Internet Service Providers, Content Providers, and others.
By Regions
: Americas, Europe, APAC, and
Rest-of-the-World.
Global Web
Scale IT Market - Regional Analysis
North America dominates the global
web scale IT market. The largest market share attributes to technology
advances and the presence of a number of notable industry players. Besides, the
early adoption and rising demand for cloud-based services drive the growth of
the market. Moreover, high R&D investments and advancements in wireless
technologies fuel the growth of the market. The increasing adoption of technology
influences the regional market growth. The North American web scale IT
market is projected to retain its dominance throughout the estimated period.
Europe stands second in the global web
scale IT market. Market growth attributes to the increasing purchasing power
and the penetration of smart connected devices. Moreover, established IT
sectors and increasing per capita income substantiate the growth of the
regional market. Besides, proliferating information technology and industries
in the region fuel the market growth. The European web scale IT market is
expected to create a substantial revenue pocket during the review period.
The Asia Pacific region holds a
considerable share in the web scale IT market. The market is driven by growing
investments by leading players such as JoyentCloud, Rackspace, and VMware in
enhancing cloud-based services in the region. Additionally, the increasing
demand for software-based services in developing countries such as India and
China substantiates regional market growth. Also, the increase in demand for
private cloud environments and domestic sourcing requirements in several
regions drive regional market growth.
Global Web Scale IT Market - Competitive
Analysis
Highly competitive, the web scale IT
market appears fragmented due to the presence of several matured players.
Industry players adopt strategies such as collaborations, mergers &
acquisitions, and product/technology development to gain a larger competitive
share. Substantial investments are transpired to develop products and expand
global footprints.
Technology providers strive to provide
quality services with 24/7 technical support, using reliable, scalable, and
affordable shared IT plans. They also ensure to provide easy-to-setup and
affordable web IT plans, supported with domain names, free web applications,
custom solutions, and web design services for businesses.
Major Players:
Players leading the global web
scale IT market include VMware Inc.(U.S.), Nutanix Inc.(U.S.), Amazon Web
Services, Inc.(U.S.), Rackspace Inc. (U.S.), Google, Inc.(U.S.), Scale
computing Inc.(U.S.), Nexenta Systems, Inc.(U.S.), SimpliVity Corporation
(U.S.), Pivot3 Inc. (U.S.), Facebook, Inc. (U.S.), IBM Corporation(U.S.),
Hewlett Packard Enterprise(U.S.), Netflix, Inc. (U.S.), CloudBees, Inc.(U.S.),
Microsoft Corporation (U.S.), and CloudSigma Holding AG (Switzerland), among
others.
Industry/Innovations/Related News:
August 04, 2020 ---- Webscale
(India), a leader in hyperscale cloud management, automation, and hosting,
announced its partnership with a US-based digital agency Corra to deliver cloud
automation and hosting to global brands. Webscale is the Any Platform commerce
cloud, and Corra is a global digital agency that leading B2C brands and B2B
organizations to trust to accelerate their growth on Adobe Commerce and Shopify
Plus.
The partnership would Corra’s customers
will benefit from Webscale’s integrated portfolio of multi-tenant Software as a
Service automation tools. Leveraging Webscale’s expertise of cloud support
specialists and their extensive use of cloud-agnostic automation, Corra and
Webscale would address the critical need for automation, security, and
performance on high-traffic eCommerce websites.
Ref:
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Complete Report @ https://www.marketresearchfuture.com/reports/web-scale-it-market-1990
Global Web scale IT Market
Research Report: Information by Technology (Hall Effect, Magneto Resistive,
Variable Reluctance), By Application (Automotive, Industrial, Aerospace &
Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific,
Middle East & Africa, and South America)—Forecast till 2030
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