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| [May 03, 2012] |
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Research and Markets: Cost Reduction with Rising Internet Use Drives the Chinese Cloud Computing Market, Finds Netscribes
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/3tgxfd/cloud_computing_ma)
has announced the addition of the "Cloud
Computing Market in China 2012" report to their offering.
The cloud computing market of China is poised to demonstrate a robust
growth of 77.5% CAGR during 2010-15.
The report begins with the brief introduction defining cloud computing
with its key characteristics followed by a brief overview on the
historical evolution of cloud computing. Subsequently, the report covers
major categories of cloud computing, cloud service products available in
China and different types of deployment mechanisms of cloud computing in
China. Market overview section covers the domestic cloud coputing
market size and its future growth prospects for the period during
2010-15. This section further identifies major cloud computing hubs of
China along with key investments made that spans across various new
projects.
Among various pros & cons of cloud computing, the report finds that ERP
and CRM attain greater popularity with wider availability among all
cloud applications.
Major factors driving the growth of cloud computing market in China
include cost reduction, speed, flexibility and responsiveness,
widespread adoption of internet, rising smartphone usage, indigenous
innovation, and scope in (medium and small-sized enterprises) MSMEs.
The report finds that significant cost reduction motivates Chinese
customers towards adopting cloud computing services. Also, nearly half
of the survey respondents believe that cloud computing reduces upfront
IT costs. In addition, faster computer processing speed and greater
internet bandwidth drives the cloud computing in China.
As china's internet population estimated to rise by 17% during 2007-2015
propels the growing cloud computing market, mobile cloud computing
market is also showing huge potential to grow owing to rising smartphone
use and development of 3G/4G networks in China. Chinese indigenous
companies have contributed to the growth of innovation in cloud
computing. Many Chinese colleges and institutions have made indigenous
technological innovation in cloud computing. China's cloud computing
market stands to capitalize upon the untapped potential in 47 mn
domestic MSMEs.
For more information visit http://www.researchandmarkets.com/research/3tgxfd/cloud_computing_ma
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