Cloud Bursting Market Analysis, Future Opportunities and Market Forecast To 2021-2031

 

Cloud Bursting: Introduction

  • Cloud bursting is an application deployment technique in which an application runs in a private cloud and bursts into public cloud, when the resources of the private cloud are insufficient to meet the current requirement. This deployment technique leverages organizations to access more computing resources when required.
  • Cloud bursting is extensively employed by organizations for software development, big data & machine learning modeling, and creating marketing campaigns
  • The global cloud bursting market is estimated to expand at a rapid pace during the forecast period, because companies across the globe are adopting hybrid cloud strategies for their cloud infrastructure, which provide a cost effective and flexible solution

Global Cloud Bursting Market: Dynamics

Global Cloud Bursting Market: Key Drivers

  • Cloud bursting is a cost-effective and flexible solution for users, as they only pay for additional resources as per their usage, which in turn is expected to drive the cloud bursting market during the forecast period
  • Cloud bursting is very simple to manage and enables scaling up and down of computing resources that help in handling peak load, which in turn is estimated to propel the cloud bursting market during the forecast period
  • Customer retention is more important than acquiring new customers. Cloud bursting technique improves customer experience because the application provides uninterrupted access, which in turn increases customer retention and is expected to boost the cloud bursting market during the forecast period.
  • Businesses are expanding and widening their cloud infrastructure in order to manage huge load, which requires more cloud storage capacity. This is expected to increase the demand for cloud bursting during the forecast period.
  • However, a risk of data breach exists while using public cloud because public cloud are less protected as compared to private cloud, which is expected to hamper the market during the forecast period
cloud bursting market dynamics

Impact of COVID-19 on Global Cloud Bursting Market

  • Increase in cases of COVID-19 across the globe is resulting in global lockdown. Healthcare companies across the world have expanded and strengthened their cloud infrastructure for research and development. Moreover, companies from diverse sectors are focused more on digital expansion and strengthening of their cloud infrastructure to support remote workforce and reach their customers.  Thus, COVID-19 has a positive impact in terms of adoption of cloud bursting. This is projected to indirectly boost the market in next few years.

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North America to Hold Major Share of Global Cloud Bursting Market

  • In terms of region, the global cloud bursting market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America dominated the global cloud bursting market. The U.S. holds a prominent share of the cloud bursting market because of presence of leading cloud service providers such as Microsoft Corporation, Oracle Corporation, Amazon Web Services, and IBM Corporation. Moreover, companies across the region are emphasizing more on digital transformation and adoption of new technologies such as big data, IOT, Machine Learning, and Artificial Intelligence.
  • The cloud bursting market in Asia Pacific is projected to expand at a rapid pace during the forecast period. Rise in number of technology driven startups from diverse sectors and an increase in adoption of cloud based services among small and mid-size companies in Asia Pacific is expected to increase the demand for cloud bursting in the region.

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Global Cloud Bursting Market: Competition Landscape

Companies from diverse sectors are using more analytics and big data in their operations to improve the customer experience. An increasing number of companies are implementing hybrid cloud strategies to reduce the risk of downtime due to heavy load on the server.

Key Players Operating in Global Cloud Bursting Market Include:

  • Amazon Web Services
  • Microsoft Corporation
  • Equinix, Inc.
  • Cisco System, Inc.
  • VMware, Inc.
  • IBM Corporation
  • Google Inc.’
  • Adobe Inc.
  • Salesforce.com, Inc.

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