[May 03, 2012]

Research and Markets: Cost Reduction with Rising Internet Use Drives the Chinese Cloud Computing Market, Finds Netscribes

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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