Cloud Infrastructure Market is expected to grow at the Highest CAGR during the Forecast Period

The cloud infrastructure market is expected to be worth USD 209.66 Billion by 2022, at a CAGR of 12.9% between 2016 and 2022. The growth of this market is majorly driven by increasing ICT spending and trend of big data and analytics; rising demand from organizations for agile, scalable, and cost-effective computing; increasing number of digital services and their applications; and high penetration of hybrid cloud.

Browse 93 market data Tables and 67 Figures spread through 190 Pages and in-depth TOC on "Cloud Infrastructure Market - Global Forecast to 2022"

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Cloud infrastructure services held the largest market size in 2015

Currently, most organizations are investing heavily in developing software and applications that are deployed on-premises. By embracing the cloud services, the storage infrastructure and equipment costs within the organizations are getting optimized due to the faster deployment capabilities, along with business activities and productivity at employees’ end. This fact is increasing the adoption trends of infrastructure as a service (IaaS) and platform as a service (PaaS) in various industries, thereby driving the growth of the market for cloud services.

The cloud infrastructure market for the healthcare industry expected to grow at the highest CAGR during the forecast period

Several healthcare organizations are progressively automating their IT infrastructure to unify the complex IT infrastructures by combining storage, applications, network, and data. Having their IT infrastructure automated, it simplifies healthcare organizations’ patient care and facility management data, which help to optimize the flow of information between the facilities’ equipment, medical systems, and applications. The automation of healthcare organizations’ IT infrastructure can help in simplify command and control through their own protocol and reduce the facilities’ overall cost of operation.

North America accounted for the largest share of the cloud infrastructure market in 2015

North America held the largest share of the cloud infrastructure market in 2015, owing to the increasing IT capacity requirements and growing adoption of new data center technologies. The market in the U.S. is expected to experience a greater traction as a significant number of organizations would opt for cloud services to save their upfront cost of building new data centers for business continuity. Therefore, cloud providers have an opportunity to expand their customer base by offering solutions according to their growth strategies. The major trends influencing the growth of this market include cost benefits of cloud-based solutions and improving disaster recovery and business continuity across various organizations.

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The key players in this market include, IBM Corporation (U.S.), Hewlett-Packard (U.S.), Cisco Systems, Inc. (U.S.), Dell, Inc. (U.S.), EMC Corporation (U.S.), AWS (Amazon Web Services) (U.S.), Alphabet Inc (Google) (U.S.), Salesforce.com (U.S.).

Key Emerging Trends in Accelerometer and Gyroscope

The accelerometer and gyroscope market is expected to reach USD 3.50 Billion by 2022. The high-end accelerometer and gyroscope market is expected to grow at a CAGR of 3.8% between 2016 and 2022, to reach USD 2.07 Billion by 2022 from USD 1.59 Billion in 2015.

The high-end accelerometer and gyroscope market is majorly driven by the increasing defense expenditure globally; whereas, the overall market is driven by factors such as the huge demand from the consumer electronics industry; stringent government regulations for the automotive industry; the emergence of efficient, economic, and compact MEMS technology; growing adoption of automation in industries and homes; and rising demand from emerging economies.

Browse 69 market data tables and 75 figures spread through 182 pages and in-depth TOC on “Accelerometer and Gyroscope Market - Global Forecast to 2022”

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MEMS accelerometers and gyroscopes are expected to witness the highest growth rate for high-end applications

The MEMS accelerometer and gyroscope market for the high-end applications is expected to grow at the highest rate between 2016 and 2022. This is mainly due to the growing deployment of these sensors in remotely operated vehicles, aerospace, industrial and defense sectors. MEMS accelerometers are replacing traditional accelerometers in these applications owing to the benefits of low cost, small size, and high power efficiency.

3-axis accelerometers and gyroscopes expected to hold the largest share during the forecast period

3-axis accelerometers and gyroscopes held the largest share of the overall accelerometer and gyroscope market in 2015 and the same trend is expected to continue till 2022. This is because of the growing level of integration which is driving manufacturers to integrate several functionalities in one system to reduce the number of components per device and to reduce the size and weight of the overall product, for which 3-axis devices are highly suitable.

Asia-Pacific (APAC) is the major consumer of accelerometers and gyroscopes

The APAC region is expected to hold the largest share of the global accelerometer and gyroscope market in 2015. As APAC is emerging as the manufacturing hub for low-end applications such as automotive and consumer electronics, the accelerometer and gyroscope market to holds a comparatively large market share in the APAC region.

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The report also profiles the most promising players in the accelerometer and gyroscope market. The competitive landscape of the market is highly dynamic due to the presence of a large number of big and small players. The key players in the accelerometer and gyroscope market are Analog Devices Inc. (U.S.), Colibrys Ltd. (Switzerland), Fizoptika Corp. (Russia), Honeywell International, Inc. (U.S.), InnaLabs (Ireland), InvenSense, Inc. (U.S.), Kionix, Inc. (U.S.), KVH Industries, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Northrop Grumman LITEF GmbH (Germany), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), Sensonsor AS (Norway), STMicroelectronics N.V. (Switzerland), and Systron Donner Inertial (U.S.), among others.