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Trusted Cloud Market Estimated to Reach over $2 Billion in 2016


DUBLIN, May 10 — Research and Markets has announced the addition of the "Trusted Cloud - Market Size Estimates" report to their offering.

MGI Research estimate the size of the Trusted Cloud services market at slightly over $2 Billion in 2016 up from less than $500 Million in 2012. They see it as a specialized, high-growth opportunity significantly shaped by demand for cloud computing services from US federal, state and local government.

In a cloud computing context, Information Security is consistently one of the top concerns of business and IT executives. Despite vendor assurances of tight security controls within the cloud and statistically a relatively low rate of security incidents, most potential and actual cloud services buyers see the cloud as essentially a black box and its security as something they are asked to take on faith. Cloud suppliers like Amazon Web Services, Rackspace, Salesforce.com and others point out the miniscule current number of service disruptions due to security issues and the large ongoing investment into increased security controls. Many cloud suppliers have gone to great lengths to hire top security talent and obtain security certifications from government and industry bodies. Still, there continues to be a lingering fear and doubt about how secure the digital assets placed into the cloud are. Is security holding back the rate of cloud adoption? Would the adoption accelerate dramatically if the cloud was perceived to be more secure? What do vendors have to do to make users feel that the cloud can be trusted? Would customers be willing to pay extra for an additional layer of security and does that translate into a business opportunity?

In this research report MGI Research assess the probability for at a potential new market that they term as Certified Trusted Cloud or CTC, address its evolution scenarios and estimate its market size. The report is focused on the US, non-consumer sector.

Key Topics Covered:

What is a Trusted Cloud - A Definition

Will a New Market Emerge for Trusted Cloud

Trusted Cloud Opportunity Components

An Inflection Point for Trusted Cloud- Why Now

Analyis of Key Growth Drivers

What are the Required Capital Investments for the Trusted Cloud

What is the Size of the Trusted Cloud Opportunity

Commercial Trusted Cloud Market

Government-oriented Trusted Cloud Services Market

Spot vs. Contract Market

Estimates by Sector

Estimates by Top 10 Industries

Estimates by Company Size

The Federal Government Segment

The State and Local Government Segment

How will the Cloud and Security Vendors Harvest the Trusted Cloud Opportunity

Companies Mentioned:

- Rackspace

- Amazon

- IBM

- FedRamp

- Citrix

- Vmware

- RedHat

For more information, visit http://www.researchandmarkets.com/research/d6kfpl/trusted_cloud_ma.

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Source: Research and Markets

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