Cloud Computing Market to Reach $21.6 Billion by 2018
The much talked about cloud computing market currently consists overwhelmingly of private clouds because of security concerns of large organizations, according to a video recently released by Market Analyst, a value-added distributor of market research.
Although the cloud-based services market is still, generally speaking, in the development stage, big companies such as Wal-Mart are driving the market as early adopters, Susan Esutice, president and CEO of WinterGreen Research, said in the video interview with Market Analyst.