UK Cloud Infrastructure Services Market Size, Share & Trends Analysis Report by Deployment Model (Public cloud, Private Cloud and Hybrid Cloud) By End-Users (BFSI, IT and Telecommunication, Healthcare, Government & Defense, Retail and Others) Forecast period (2019-2025).
UK cloud infrastructure services market is anticipated to grow at a CAGR 10.8% during the forecast period. The well developed economy, established base of business customers who understand the cloud value proposition and the lack of infrastructural hurdles present in other countries such as low internet penetration and lack of awareness about the cloud computing solutions are estimated to be the major factors that are driving the growth of the market.
Increasing adoption of cloud services is estimated to be the major driver of the growth of the market in the country. In UK, large organization are adopting cloud technology more quickly as compared to smaller firms (less than 200 employees), with the adoption rate of 96% and 76%, respectively. Infrastructure as a Service has generated particular interest among IT decision makers, particularly in SMEs, and is estimated to be the leading segment in the country. Moreover, increasing government cloud spending is also one of the major factors that is driving the growth of the market during the forecast period, as public sectors is seeking to catch up with the private sector cloud adoption.
The UK cloud infrastructure services market is segmented into deployment model and end-user. Based on deployment model, the market is segmented into public cloud, private cloud and hybrid cloud. On the basis of end-user, the market is segmented into BFSI, IT and telecommunication, healthcare, government & defense, retail and others.
The key market players that are active in the market that include Amazon Web Services, CenturyLink, Cisco Systems Inc., DigitalOcean, Google Inc., IBM Corp., Microsoft Corp., Rackspace Holding Inc., Salesforce.com, and AT&T. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Research Methodology:
The market study of the UK Cloud Infrastructure Services market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. UK Cloud Infrastructure Services Market Research and Analysis by Deployment Model
2. UK Cloud Infrastructure Services Market Research and Analysis by End-User
The Report Covers:
UK cloud infrastructure services market is anticipated to grow at a CAGR 10.8% during the forecast period. The well developed economy, established base of business customers who understand the cloud value proposition and the lack of infrastructural hurdles present in other countries such as low internet penetration and lack of awareness about the cloud computing solutions are estimated to be the major factors that are driving the growth of the market.
Increasing adoption of cloud services is estimated to be the major driver of the growth of the market in the country. In UK, large organization are adopting cloud technology more quickly as compared to smaller firms (less than 200 employees), with the adoption rate of 96% and 76%, respectively. Infrastructure as a Service has generated particular interest among IT decision makers, particularly in SMEs, and is estimated to be the leading segment in the country. Moreover, increasing government cloud spending is also one of the major factors that is driving the growth of the market during the forecast period, as public sectors is seeking to catch up with the private sector cloud adoption.
The UK cloud infrastructure services market is segmented into deployment model and end-user. Based on deployment model, the market is segmented into public cloud, private cloud and hybrid cloud. On the basis of end-user, the market is segmented into BFSI, IT and telecommunication, healthcare, government & defense, retail and others.
The key market players that are active in the market that include Amazon Web Services, CenturyLink, Cisco Systems Inc., DigitalOcean, Google Inc., IBM Corp., Microsoft Corp., Rackspace Holding Inc., Salesforce.com, and AT&T. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Research Methodology:
The market study of the UK Cloud Infrastructure Services market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. UK Cloud Infrastructure Services Market Research and Analysis by Deployment Model
2. UK Cloud Infrastructure Services Market Research and Analysis by End-User
The Report Covers:
- Comprehensive Research Methodology of the UK Cloud Infrastructure Services market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK Cloud Infrastructure Services market.
- Insights about market determinants which are stimulating the UK Cloud Infrastructure Services market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amazon Web Services
- CenturyLink
- Cisco Systems Inc.
- DigitalOcean
- Google Inc.
- IBM Corp.
- Microsoft Corp.
- Rackspace Holding Inc.
- Salesforce.com
- Verizon Enterprise Solution