Report: Cloud-Enabling Technologies Market To Reach $22.6 Billion In 2016
According to New 451 Research study, endusers remain focused on internal cloud initiatives.
Market Monitor, a service of 451 Research, projects that the cloud-enabling technologies market revenue will increase at a 21% compound annual growth rate (CAGR) to reach $22.6 billion in 2016.
The recently published Market Monitor Cloud-Enabling Technologies overview report defines Cloud-Enabling Technologies as technologies that are installed, delivered and consumed on-premises. The report examines 143 vendors, segmented into three primary categories – virtualization, security, and automation and management. Cloud-Enabling Technologies, by definition, are not hosted by third parties. A report overview can be viewed here.