Cloud Engineering Market 2018 Analytical Overview, Emerging Technologies, Key Vendors Analysis, Development Strategy, Future Plans and Industry Estimated To Rise Profitably with 21% of CAGR by 2023

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Market Research Future published a research report on “Cloud Engineering Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Cloud Engineering Global Market – Overview

An application combining different engineering verticals for cloud computing services to solve business problems is termed as cloud engineering. The major objective of cloud engineering is to maintain a systematic approach to cloud computing for commercialization and standardization of its applications. Cloud engineering includes the process of designing a system for engineering verticals to be compatible with the cloud. The systems in the cloud engineering process are connected via a private or a public network providing a scalable infrastructure for application and data storage, and security.

The major factor that contribute towards the growth of cloud engineering market includes the increasing demand for customized devices that are able to operate on customized applications. This factor is backed-up by the growing adoption rate of cloud services, internet of things, and rising demand of application testing. However, the risk of data loss, and concern of regulatory compliance are restraining the market growth of cloud engineering market.

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Industry News

March 2018, General Dynamics’ Acquisition of CSRA Is An Even Bigger Deal Than You Thought. The company, General Dynamics plans to acquire CSRA for nearly $9.7 billion, aiming to become the largest technology service provider for the federal government, including IT, professional services, system engineering, and logistics. CSRA is an Information and Technology service provider that works with the government of the United States. With the acquisition, the company plans to use CSRA’s IT services to extend its reach in government services.

April 2018, ASGN Incorporated Closes Acquisition of ECS Federal, LLC. ASGN completed its acquisition of ECS Federal. ECS will be a separate segment under the ASGN and will operate under its own brand name. The acquisition aims at providing and elevating ECS’s government service solution into ASGN business portfolio, providing access to nearly $130 billion federal IT Services market.

March 2018, Alphabet Inc (GOOGL) Could Be Eyeing Major Acquisition In Cloud Space. Google is planning to step in the cloud market with acquisition eyeing to capture a large opportunity created by cloud services, and to close the market gap created by Amazon and Microsoft being the leaders in cloud market.

Key Players:

The key players in the global Cloud Engineering Market include- Trianz (US), Sogeti (Europe), GFT Technologies SE (Europe), Aricent Inc. (US), Rapidvalue Solutions Inc. (US), Engineering Ingegneria Informatica SpA (Europe), ITC Infotech India Ltd. (India), Calsoft Inc. (US),  Nitor Infotech (India), VVDN Technologies (India) , Softcrylic LLC (US) and Searce Inc. (US), among others.

Cloud Engineering Global Market – Segmentation

  • On the basis of service type, the market is segmented into consulting, design, training, integration, migration, cloud security, cloud storage
  • On the basis of deployment, the market is segmented into private, public and hybrid
  • On the basis of organization size, the market is segmented into small, medium, and large enterprises
  • On the basis of end-user, the market is segmented into IT & Telecommunication, BFSI, healthcare, energy & utilities, retail, and government
  • On the basis of region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Cloud Engineering Global Market – Regional Analysis

On the basis of region, the market is segmented into North America, Europe, Asia Pacific and rest of the world. Among these regions, North America is expected to lead the market of cloud engineering market in terms of market share due to countries like the U.S. and Canada. The major contributing factor towards this growth includes the large presence of enterprises, advanced IT infrastructure, and higher technical availability across various industrial verticals. On the other hand, Europe is expected to show a decent growth during the forecast period and thereby claims second spot in this market. Asia Pacific is expected to show a highest growth rate during the forecast period.

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Intended Audience

  • Device manufacturers
  • Network Operators
  • Distributors
  • Suppliers
  • Research firms
  • Software Developers
  • Commercial Banks
  • Vendors
  • Semiconductor Manufacturers
  • End-user sectorsTechnology Investors

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