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Trusted Cloud - Market Size Estimates
MGI Research, January 2012, Pages: 17
MGI Research estimate the size of the Trusted Cloud services market at slightly over $2 Billion in 2016 up from less than $500 Million in 2012. They see it as a specialized, high-growth opportunity significantly shaped by demand for cloud computing services from US federal, state and local government.
In a cloud computing context, Information Security is consistently one of the top concerns of business and IT executives. Despite vendor assurances of tight security controls within the cloud and statistically a relatively low rate of security incidents, most potential and actual cloud services buyers see the cloud as essentially a black box and its security as something they are asked to take on faith. Cloud suppliers like Amazon Web Services, Rackspace, Salesforce.com and others point out the miniscule current number of service disruptions due to security issues and the large ongoing investment into increased security controls. Many cloud suppliers have gone to great lengths to hire top security talent and obtain security certifications from government and industry bodies. Still, there continues to be a lingering fear and doubt about how secure the digital assets placed into the cloud are. Is security holding back the rate of cloud adoption? Would the adoption accelerate dramatically if the cloud was perceived to be more secure? What do vendors have to do to make users feel that the cloud can be trusted? Would customers be willing to pay extra for an additional layer of security and does that translate into a business opportunity? In this research report MGI Research assess the probability for at a potential new market that they term as Certified Trusted Cloud or CTC, address its evolution scenarios and estimate its market size. The report is focused on the US, non-consumer sector.
Key Issues
- Is the current level of cloud security holding back the level of cloud services adoption?
- Can the current level of cloud services security support acceleration in cloud adoption?
- What are the application scenarios that can justify additional spending on cloud security?
- What defines a Trusted Cloud? What is a Certified Trusted Cloud (CTC)? What is the role of standards?
- Is the Trusted Cloud a feature or a bone fide new market?
- What is the business opportunity associated with the Certified Trusted Cloud? What is the market size?"
What is a Trusted Cloud - A Definition
Will a New Market Emerge for Trusted Cloud
Trusted Cloud Opportunity Components
An Inflection Point for Trusted Cloud- Why Now
Analyis of Key Growth Drivers
What are the Required Capital Investments for the Trusted Cloud
What is the Size of the Trusted Cloud Opportunity
Commercial Trusted Cloud Market
Government-oriented Trusted Cloud Services Market
Spot vs. Contract Market
Estimates by Sector
Estimates by Top 10 Industries
Estimates by Company Size
The Federal Government Segment
The State and Local Government Segment
How will the Cloud and Security Vendors Harvest the Trusted Cloud Opportunity
- Rackspace
- Amazon
- IBM
- FedRamp
- Citrix
- Vmware
- RedHat
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