Market Scenario
Web scale IT is defined as the set of practices and architecture pioneered by companies such as Google, Amazon, Netflix, Facebook and others which enables firms to achieve higher levels of agility, scalability and service delivery. It allows providers and firms to seamlessly keep up with the fast-paced advancements such as video streaming, cloud adoption, virtualization. Web scale IT eliminates the silos of the traditional IT and is a better approach to designing, managing and building datacenter infrastructure. Web scale IT has been on the rise and the Web Scale IT Market Size is expected to grow at CAGR of 17%, reveals a study by Market Research Future (MRFR). The web scale IT market will catapult from USD 200 Mn in 2016 to USD 640 Mn by the end of 2022. Increased agility and scalability of stored data, reduction in hardware investments, universal accessibility of enterprise data, and continued technical aid are some of the key factors boosting the web scale IT market. Adoption of web scale IT services has helped enterprises significantly drive down costs while ensuring business critical service levels; this is one of the principal drivers of the web scale IT market. Escalating need for managing databases, increasing use of broadband facilities, and the growing dependence of enterprises on the internet to perform routine business operations are the factors driving the market. In the present era of globalization, enterprises are increasingly shifting towards the cloud for resolving their data center requirements; web scale IT addresses the issues of agility associated with cloud and the need for managing these highly virtualized data centers are augmenting the need for web scale IT services. On the downside, Inhibitions shifting to the cloud, high adoption of traditional monitoring systems, the hesitation of smaller enterprises to implement web scale IT services, the threat of data loss, low performance of storage infrastructure are likely to restrict the growth of the market considerably.
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Global Web Scale IT Market -Segments
The report is segmented into four dynamics;
By Solution: Healing Software, Automation, Analytics, and others.
By Service : Consulting & IT, Maintenance, Repair & Integration, and others.
By Providers: Marketplace Builder, Internet Service Providers, Content Providers, and others.
By Regions : Americas, Europe, APAC, and Rest-of-the-World.
Global Web Scale IT Market - Regional Analysis
North America dominates the web scale IT market size. The largest market share attributes to technology advances and the presence of a number of notable industry players. Besides, the early adoption and rising demand for cloud-based services drive the growth of the market. Moreover, high R&D investments and advancements in wireless technologies fuel the growth of the market. The increasing adoption of technology influences the regional market growth. The North American web scale IT market is projected to retain its dominance throughout the estimated period.
Europe stands second in the global web scale IT market. Market growth attributes to the increasing purchasing power and the penetration of smart connected devices. Moreover, established IT sectors and increasing per capita income substantiate the growth of the regional market. Besides, proliferating information technology and industries in the region fuel the market growth. The European web scale IT market is expected to create a substantial revenue pocket during the review period.
The Asia Pacific region holds a considerable share in the web scale IT market. The market is driven by growing investments by leading players such as JoyentCloud, Rackspace, and VMware in enhancing cloud-based services in the region. Additionally, the increasing demand for software-based services in developing countries such as India and China substantiates regional market growth. Also, the increase in demand for private cloud environments and domestic sourcing requirements in several regions drive regional market growth.
Global Web Scale IT Market - Competitive Analysis
Highly competitive, the web scale IT market appears fragmented due to the presence of several matured players. Industry players adopt strategies such as collaborations, mergers & acquisitions, and product/technology development to gain a larger competitive share. Substantial investments are transpired to develop products and expand global footprints.
Technology providers strive to provide quality services with 24/7 technical support, using reliable, scalable, and affordable shared IT plans. They also ensure to provide easy-to-setup and affordable web IT plans, supported with domain names, free web applications, custom solutions, and web design services for businesses.
Major Players:
Players leading the global web scale IT market include VMware Inc.(U.S.), Nutanix Inc.(U.S.), Amazon Web Services, Inc.(U.S.), Rackspace Inc. (U.S.), Google, Inc.(U.S.), Scale computing Inc.(U.S.), Nexenta Systems, Inc.(U.S.), SimpliVity Corporation (U.S.), Pivot3 Inc. (U.S.), Facebook, Inc. (U.S.), IBM Corporation(U.S.), Hewlett Packard Enterprise(U.S.), Netflix, Inc. (U.S.), CloudBees, Inc.(U.S.), Microsoft Corporation (U.S.), and CloudSigma Holding AG (Switzerland), among others.
Industry/Innovations/Related News:
August 04, 2020 ---- Webscale (India), a leader in hyperscale cloud management, automation, and hosting, announced its partnership with a US-based digital agency Corra to deliver cloud automation and hosting to global brands. Webscale is the Any Platform commerce cloud, and Corra is a global digital agency that leading B2C brands and B2B organizations to trust to accelerate their growth on Adobe Commerce and Shopify Plus.
The partnership would Corra’s customers will benefit from Webscale’s integrated portfolio of multi-tenant Software as a Service automation tools. Leveraging Webscale’s expertise of cloud support specialists and their extensive use of cloud-agnostic automation, Corra and Webscale would address the critical need for automation, security, and performance on high-traffic eCommerce websites.
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Global Web scale IT Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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