Web scale IT Market: Global Industry Analysis and Forecast (2023-2029)

Web scale IT Market was valued at US$ 264.01 Mn in 2022 and is expected to grow at US$ 841.99 Mn in 2029. Global Web scale IT Market size is expected to grow at a CAGR of 18.02 % through the forecast period.
Web scale IT Market Overview:
Web-scale IT is the approach used for delivering large-scale cloud computing resources and infrastructure within an enterprise IT environment. It includes all measures and practices that allow large, established cloud-based firms to achieve a higher level of service delivery. Web-scale IT primarily describes how cloud enterprises such as Google and Amazon Web Services are using a set of IT solutions and services to deliver an enterprise-class, cloud-enabled, Web-scalable IT infrastructure. It calls for designing cloud-based data centers and IT Infrastructures that offer services beyond scalability to include agility and supreme service levels.

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Web-scale IT is used to reference a global-class of computing or an architectural approach used to deliver the capabilities of large cloud service providers within an enterprise IT setting. The approach is to design, build and manage data center infrastructure where capabilities go beyond scale in terms of size to include scale as it pertains to speed and agility. This methodology pertains to designing, deploying and managing infrastructure at any scale and can be packaged in a number of ways to suit diverse requirements and can scale to any size of business or enterprise. It is not a single technology implementation, but rather a set of capabilities of an overall IT system.

The report explores the Global Web scale IT Market segments (Solution, Service, Provider and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Global Web scale IT Market drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Web scale IT Market contemporary competitive scenario.

2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis especially with the impact of lockdown by region.
Web scale IT Market Dynamics:
Drivers:

An increasing broadband customer base is mainly driving the global web scale market over forecast period. Rising social media usage and awareness is expected to be the key factor driving market growth. Furthermore, an increased agility and scalability of stored data over servers, lesser hardware investments, worldwide accessibility of enterprise data, and continuous technical support are some of the key factors driving the web scale IT market. Another major factor which drives the growth of the market is the increase in the number of broadband customers across the globe. The high focus on providing scalability, high capacity, and reliable web-scale IT solutions among key market players, and rise in rate of adoption of a portfolio of cloud services including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) accelerate the market growth. Increased demand for cloud computing among businesses to lower infrastructure costs and let them concentrate on their core strengths, as well as a surge in social media usage and quick awareness of the advantages of web scale IT, all have an impact on the industry. Additionally, the web scale IT industry is positively impacted by organisations' quick digital transformations, rising investments, and advancement in IT infrastructure.

Restrains:

The cyber security concerns, lack of technological infrastructure and risk in migrating sensitive data from traditional to new cloud approaches are restraining the market growth over forecast period. The concerns regarding risk in migrating sensitive data from traditional to new cloud approaches and agility of the data restrains the growth of the market. the approval for cybersecurity solutions is swelling to combat the sophisticated and advanced threats created by professional opponents. Furthermore, because cybercrimes are on the rise and can lead to the loss of financial and intellectual assets, it is projected that cloud service providers and verticals in the energy, education, and oil & gas sectors will adopt cybersecurity solutions more willingly.

Opportunities:

Advent of Next-generation network services such as 4G, and rise in deployment of 5G extend profitable provide opportunities to the market player for the growth of the market during the forecast period. Key factors driving the web-scale IT market include wireless communication, strict government mandates, rapid adoption of cloud-based services, and growing cybercrimes in public utility industries. Web-scale IT needs more attention be paid to lean and agile models rather than frameworks like ITIL. These arrangements favour smaller businesses over giant corporations. This provides the opportunities for the growth of the market. The growing need for proficiently handling database of the firms and large-scale dependence of firms on web for carrying out routine tasks will prompt the business growth over the projected timeline. The data sourced from the GSM Association, about 3.8 billion of the population across the globe uses mobile internet, and 3G and 4G which covers 50% of the total population. This in response accelerates the market opportunities.

Challenge:

Hesitation in smaller enterprises in implementation of these services and threat of losing confidential data and performance of storage infrastructure are projected to challenge the web scale IT market. The availability of capacity and performance management skills for horizontally scaled architectures is further expected to hinder the web-scale IT market growth over the coming years. There is risk in migrating sensitive data from traditional to new cloud approaches which is one of the factors keeping the organizations from transitioning to cloud. This poses a challenge to the growth of web scale IT market. One challenge to developing web-scale applications is a reliance on traditional disk-based databases. These databases introduce unacceptable latency at scale. Further, the extract, transform and load (ETL) process to move data from an operational database into an analytical database means the data is stale before it’s analyzed.
Global Web scale IT Market Segment Analysis:
Based on Service, the Consulting& IT service segment holds largest market share in 2022 and is expected to keep its dominance over forecast period. Web-scale data centres are software defined as a number of innovative ideas generated by service providers and IT vendors that are implemented using the cloud technology. Companies in the web-scale IT market design their versions of solutions using complex operating system and sophisticated technology on account of efficient and high-speed connectivity. It helps client assess different technology strategies and, in doing so, align their technology strategies with their business or process strategies. These services support customers’ IT initiatives by providing strategic, architectural, and operational and implementation planning. These all factors lead to the growth of the Web scale IT Market.



Based on Solution, the analytic hold the largest market share in 2022. Various provisions of data collection and modifications in web scale IT are driving the growth of this segment. Smaller enterprises are implementing analytical services, which is another factor driving the growth of this market. It also entails applying data patterns toward effective decision-making. It can be valuable in areas rich with recorded information; analytics relies on the simultaneous application of statistics, computer programming, and operations research to quantify performance. Analytics may apply to a variety of fields such as marketing, management, finance, online systems, information security, and software services. These all factors lead to the growth of the Global Web scale IT Market.
Regional Insights:
The North America region is expected to witness significant growth at a CAGR of xx% through the forecast period. The U.S. is expected to exhibit highest market share in North America. U.S. have the largest cloud services market hence the opportunities for web scale IT in these regions are high. The massive demand for cloud solutions across manufacturing systems & marketing channels in the U.S leads to the growth of the Global Web scale IT Market in North America region. In addition to this, presence of major players in the countries such as Canada and the U.S. will further steer the regional market growth over the anticipated timeframe.

Asia-Pacific is also considered to be the second fastest-growing market in 2022 due to increasing number of cloud providers in this region. In terms of adoption of web scale IT, as the cloud providers are preparing to expand their reach in this region. Asia Pacific along with Europe is projected to have a significant market share on account of a high level of service quality. Key web-scale IT market participants include Rackspace, Google, Netflix, Facebook, and Amazon. Other vendors such as CSC, Cisco, IBM, Lockheed Martin, Booz Allen Hamilton, Northrop Grumman, Sophos, Symantec, and McAfee are projected to offer innovative cyber solutions at reasonable prices by merging the portfolios counter to bundled attacks.

The objective of the report is to present a comprehensive analysis of the Global Web scale IT Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Web scale IT Market dynamic, structure by analyzing the market segments and projecting the Global Web scale IT Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Web scale IT Market make the report investor’s guide.
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Web scale IT Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 264.01 Mn.


Forecast Period 2023 to 2029 CAGR:
18.02%
Market Size in 2029:
US$ 841.99 Mn.


 Segments Covered:
by Solution
Healing Software
Automation
Analytics


by Service
Consulting & IT
Maintenance
Repair & Integration


by Providers
Marketplace builder
Internet Service Providers
Content Providers



Web scale IT Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Players:
1. Nutanix Inc.
2. VMware Inc.
3. Amazon Web Services, Inc.
4. Google, Inc.
5. Rackspace Inc.
6. Scale computing Inc.
7. SimpliVity Corporation
8. Nexenta Systems, Inc.
9. Pivot3 Inc.
10. IBM Corporation
11. Facebook, Inc.
12. Hewlett Packard Enterprise
13. CloudBees, Inc.
14. Netflix, Inc.
15. CloudSigma Holding AG
16. Microsoft Corporation
17. CSC
18. Lockheed Martin
19. Northrop Grumman
20. Sophos
21. Symantec
22. McAfee

Frequently Asked Questions:

1] What segments are covered in the Global Web scale IT Market report?
Ans. The segments covered in the Global Web scale IT Market report are based on Solution, Service and Provider.

2] Which region is expected to hold the highest share in the Global Web scale IT Market?
Ans. North America region is expected to hold the highest share in the Global Web scale IT Market.

3] What is the market size of the Global Web scale IT Market by 2029?
Ans. The market size of the Global Web scale IT Market by 2029 is expected to reach US$ 841.99 Mn.

4] What is the forecast period for the Global Web scale IT Market?
Ans. The forecast period for the Global Web scale IT Market is 2023-2029.

5] What was the market size of the Global Web scale IT Market in 2022?
Ans. The market size of the Global Web scale IT Market in 2022 was valued at US$ 264.01 Mn.