Global Market Research Reports : Ken Research: Latin America Cloud Infrastructure Market

Showing posts with label Latin America Cloud Infrastructure Market. Show all posts

Tuesday, February 8, 2022

Latin America Cloud Infrastructure Market 2022 Size, Share, Analysis, Demand, CAGR Status, Future Strategies, Development Status and Industry Segments by 2027: Ken Research

According to the report analysis, ‘Latin America Market Insights on Cloud Infrastructure: Insights and Forecast, 2018-2024: Emphasis on Deployment Type (Public Cloud, Private Cloud), Public Cloud Services (SaaS, PaaS, IaaS, Cloud Advertising, BPaaS), End User (Banking, Financial Services and Insurance, Retail, Telecom & IT, Healthcare, Media & Entertainment, Government Agencies, Education, Energy, Manufacturing, Other Industries)’ states that Cisco System Inc., Equinix Inc., Google Inc., IBM Corporation, Salesforce. Salesforce.com, AT&T Inc, Amazon Web Services Inc., DXC Technology Company, HP Inc., Rackspace Hosting Inc. and many more are the key entities which presently functioning in the Cloud Infrastructure Market more actively for keep maintaining the governing position, leading the highest market growth, registering the great value of market share, generating the highest percentage of revenue and obtaining the competitive edge by implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such, spreading the awareness connected to the applications and advantages of cloud infrastructure, increasing the features and benefits of cloud infrastructure, analysing the strategies and policies of government as well as similar entities, and establishing the several research and development programs.

Segmentation by Deployment Model

Public cloud services controlled prominent share in Latin America cloud infrastructure market followed by private cloud owing to growing requirement for cost effective solutions for data storage.

Segmentation by Public Cloud Services

Cloud advertising public cloud services registered the regional cloud infrastructure market commonly attributed to surge in number of SMEs and fluctuating perception of organization and consumers about the advantage and profitability of digital technology.

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Segmentation by Private Cloud Services

Managed Hosting controlled the maximum share in regional cloud infrastructure market due to high frequency bandwidth improved infrastructure and unremitting security followed by co- location services.

Segmentation by End-User Industry

Since, in Telecom & IT sector enormous amount of data is generated, due to this, the segment has emerged as the greatest adopter of cloud computing and registered for major share in the region and is projected maintain its dominance throughout the forecasted period.

Segmentation by Country

Brazil constitutes as the greatest computing services market in Latin America followed by Argentina, Chile as the country presents itself as one of the mature IT markets around Latin America which has also attracted several SMBs to implement the cloud computing solutions.

Latin America Cloud Infrastructure Market Size

In terms of revenue, Latin America cloud infrastructure market displayed remarkable CAGR growth throughout the forecasted duration; 2018-2024. Implementation of new technologies such as Internet of Things, Big Data, improvised mobility, cost efficacy, lowest environmental impact and uptake in cloud managed services underwrite as the major factors influencing the cloud infrastructure market in Latin America.

The large share is mainly attributed to the growing IT capacity requirements and augmenting the adoption of new data center technologies. The cloud infrastructure market in the Latin America will also develop exponentially, due to a significant number of organizations adapting for cloud services to save their upfront expenditure of building new data centers for business continuity is the foremost factor propelling the market.

Key Companies & Market Share Insights

Partnerships, strategic mergers, and acquisitions are projected to be the most effective manners for industry players to obtain quick admittance to emerging markets and improve the technological capabilities. For instance, during October 2020, International Business Machines Corporation announced its plan of enlarging hybrid cloud growth strategy and execute spin-off of market-leading managed infrastructure services unit. This will help the company to focus on business enlargement strategies.

GROWTH PROSPECTS IN LATIN AMERICA TO BOOST THE MARKET GROWTH OF CLOUD INFRASTRUCTURE

During the review period, the Latin America region is anticipated to propel substantial growth opportunities. A few factors propelling cloud infrastructure adoption in this region are the augmenting availability of skilled labour and the keen emphasis provided by SMEs and large enterprises to join and enlarge in this region. Public cloud services, in particular, have exploded in acceptance in the Latin America region as businesses look to advance their digital initiatives. Cloud Infrastructure has become the cornerstone of how several companies work today, as they strive for higher business agility and customer satisfaction. Organisations are functioning to advance the application proficiency while still providing the positive customer experience.

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Latin America Cloud Infrastructure Market Growth

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Friday, December 10, 2021

Latin America Cloud Infrastructure Market 2021- Industry Size, Share & Trends Analysis Report By Application, By Region, And Segment Forecasts Till- 2027: Ken Research

Cloud infrastructure is a term utilized to describe the components required for cloud computing, which comprises hardware, abstracted resources, storage, and network resources. Think of cloud infrastructure as the tools required to build a cloud. In order to host services and applications in the cloud, you require the cloud infrastructure.

Cloud infrastructure is made up of countless components, each combined with one another into a single architecture assisting the business functions. A typical solution may be collected of hardware, virtualization, storage, and networking components. As a term, cloud infrastructure can be utilized to pronounce an entire cloud computing system—once all the pieces are put together—as well as the individual technologies themselves.

The effective growth in implementation of technologies likewise big data, machine learning, artificial intelligence and several other are predicted to propel the market’s growth. Such technologies transform the market scenario, as it helps users in observing, visualizing and monitoring the unprocessed data. Implementing such emerging technologies with the cloud solutions would support enterprises improve their visualization capabilities and make complex data available and usable. The implementation of AI and ML technologies around the corporation has authorized data utilization and has decreased data storage complications. Such technologies also assist to augment the commerce productivity, improve decision-making processes, and decrease the business functional expenditure. Thus, the significant implementation of AI, big data and ML is predicted to propel the market’s growth.

Cisco System Inc., Equinix Inc., Google Inc., IBM Corporation, Salesforce. Com, AT&T Inc., Amazon Web Services Inc., DXC Technology Company, HP Inc., Rackspace Hosting Inc and many more are the key entities in the Latin America Cloud Infrastructure Market more proficiently for leading the highest market growth, obtaining the competitive edge, keep maintaining the governing position, ruling around the region, registering the great value of market share, and generating the high percentage of revenue by implementing the policies and strategies of enlargement and profit making, establishing the several research and development programs, improving the qualitative and quantitative measures of such, delivering the better consumer satisfaction, decreasing the associated prices of such, analysing the strategies and policies of government as well as similar entities, increasing applications and benefits of cloud infrastructure and spreading the awareness connected to the features and applications of cloud infrastructure.

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Furthermore, cloud infrastructure deliver the elevated business performance owing to countless benefits such as agile deployment, secure & storage management, low total cost possession; utility based sharing models and great level computing. However, there are some aspects that are restricting the growth of the market; data security being the most proficient one owing to threat of data breaches and misuse by the third party. Data location and administration is another limitation as they can be easily breached and misused owing to dissimilar non-governed locations. Uncertain interfaces and APIs also restrict the market growth as the organizations are unidentified about the location of these interfaces. The economies of Latin America are predicted to adopt the cloud technology owing to cost benefits, which proposes the growth opportunities for the market. Another opportunity that market players can tap into is the requirement for ERP as software solution which can be utilized in the health care segment to keep a track on patient records.

Although, Brazil constitutes as the greatest computing services market around Latin America followed by Argentina, Chile as the country presents itself as one of the mature IT market around Latin America which has also fascinated numerous SMBs to implement the cloud computing solutions. Therefore, in the near years, it is predicted that the market of cloud infrastructure will increase around the region more actively over the near future.

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Latin America Cloud Infrastructure Market Growth

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Tuesday, October 12, 2021

Latin America Cloud Infrastructure Market Size and Research 2021, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2024: Ken Research

Cloud computing has created a level playing field in the IT market around the world. The cloud computing market in Latin-America region has changed a lot and is predicted to grow exponentially in the years to come. Surge in popularity of the service-oriented architectures has resulted in optimistic growth for cloud-computing in the Latin-American region. The service-oriented architecture aims to provide an IT framework that tends to favor organizations in managing their IT requirements and helps them to reduce the time it takes to implement cloud-based services. In addition, as consumers move to cloud computing, along with businesses of different sizes and structures, and different industries that understand the benefits of cloud services, are also increasing infrastructure investments in the cloud. Apart from this, introduction of new technologies such as the Big Data, Internet of Things, improvised mobility, minimal environmental impact, profitability, and the introduction of managed cloud services all contribute as the main drivers for the cloud infrastructure market in Latin America.

As per analysis, “Latin America Market Insights on Cloud Infrastructure: Insights and Forecast, 2018-2024: Emphasis on Deployment Type (Public Cloud, Private Cloud), Public Cloud Services (SaaS, PaaS, IaaS, Cloud Advertising, BPaaS), End User (BFSI, Retail, Telecom & IT, Healthcare, Media & Entertainment, Government Agencies, Energy, Education, Manufacturing, Other Industries)” the key companies operating in the Latin America cloud infrastructure market include Google Inc., DXC Technology Company, HP Inc., IBM Corporation, Cisco System Inc., Equinix Inc., AT&T Inc, Amazon Web Services Inc., Salesforce.com, Rackspace Hosting Inc. and among others. Leading companies have been dynamic in this sector for several years and have a diversified product portfolio, innovative technologies and strong sales networks worldwide.

Companies use the cloud infrastructure to get support from cloud computing to do their day-to-day work and continue their operations. Cloud infrastructures are typically accessed through a pay-as-you-go model, as opposed to payment structures that allow users to subscribe to provider services at a fixed price or subscription-based pricing models. Instead of buying the cloud infrastructure from a provider, companies can also build their own on-site cloud infrastructure. An organization that uses a service provider cloud is known as a public cloud. When a company uses its own infrastructure, it is known as a private cloud: when a company uses parts of its public and private infrastructure, this is known as a hybrid cloud.

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The cloud infrastructure enables the organization or business to manage traditional workload data using an open private cloud deployment model. Organizations provide a cohesive infrastructure based on the cloud as a service to make new investments, technologies, and upgrades to better capture and position them in the marketplace and improve manageability. Cloud infrastructure services are commonly used in all major industries including government, telecommunications, healthcare, banking, manufacturing, financial services, and others. The global adoption rate of cloud infrastructure services is increasing due to the increasing implementation rate in the Latin America region.

High penetration of hybrid clouds, followed by rise in demand of organizations for agile, scalable, and cost-effective computing and increase in Information & Communications Technology (ICT) spending and growth in trend for adopting big data analytics are some major factors, which are responsible for growth of the Global Latin America Cloud Infrastructure Market. Apart from this, decline in demand for server hardware owing to consolidation & virtualization of servers may impact the market. Moreover, growth of analytics market and high adoption rate in small and medium-sized businesses (SMBS) are leading opportunities for market. Furthermore, data transfer & application issues and workload complexities in cloud environment are key challenges for market.

To better understand the geographic penetration of the cloud services market in the Latin American region, the market will be analyzed based on its scope in countries such as Brazil, Argentina, Chile, and the rest of Latin America. Brazil is the largest IT services market in Latin America, followed by Chile, Argentina and Mexico. It has managed to grab the attention of many cloud service providers around the world and has generated a very competitive environment. Brazil is presented as one of the mature IT markets in Latin America, which prompts the presence of several SMEs to implement cloud computing solutions, which attracts several new providers to enter the market, which will contribute to the growth of the cloud computing market in the respective market Region.

For More Information, refer to below link:-

Global Latin America Cloud Infrastructure Market Research Report

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