FMI Says Cloud Business Email Market Expected to Expand at a Steady CAGR through 2025
Future Market Insights has announced the addition of the “Cloud Business Email Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.
With the increasing usage of the social networks, chat, conferencing on the web, instant messaging and various other means of communications that are being used by the businesses, the E-mails are the most formal communication form and have remained the most prevalent form of business environment. Cloud Business Email is an effective business email service that allows access, storage, sending and receiving of emails without the use of hardware or complex software. The global cloud business email market is growing at a good pace holding the fact that the number of small and medium sized businesses are increasing.
Cloud-based business e-mails are getting greater importance and are seeing tremendous growth year after year. Most of the providers of these services provide more than just the mails and collaboration facility that includes Unified Communications, extra storage, Social Networking, File Sync and Share and instant messaging. The email services at first were targeted only to smaller organizations of limited funds, but now cloud email is seeing strong acceptance with businesses of all sizes across globe which is raising the global cloud business e-mail market. The developing industry of cloud computing has largely affected the global cloud business email market. A lot of small business technology needs are being taken care of by the cloud computing which is growing the cloud adoptions now a days.
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Cloud Business Email Market: Drivers & Restraints
The increasing focus of the business on the cost and succeeding diversion to the agile solutions has raised the market of cloud computing at an increasing rate which has led to the global cloud business email market penetration. The most inducing factor for the growing cloud business email market is ease of access, rapidity, and collaboration. Increasing SOHOs (Small Offices/Home Offices) and SMBs (Small and Medium Businesses) may be a driving force for the global cloud business email market. The demographic structure of the global cloud email market has shifted recently that is inducing more and more mid-sized and large organisations that are migrating to this cloud email services which is raising global cloud business email market.
Apart from the countless benefits of the cloud based business emails there are some major whys and wherefores that the consumers can restrict them from using it. The major restraint in the global cloud business email market implies to be the data security problems when compared to the commonly used hardware and software systems for managing data. Personal data such as addresses, banking details, photographs and telephone numbers are examples of information that can approve somebody’s individuality and is quite often confined in an email. Increasing cyber-attacks, insider threats, government intrusions, and lack of standardization of the cloud computing may pose a threat to this well growing market.
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Cloud Business Email Market: Segmentation
On the basis of product/service type, the global cloud business email market is segmented as Cloud Business Email Providers and Hosted Microsoft Business Partners. On the basis of application type, the global cloud business email market is segmented as Dedicated Cloud Business Email and Multi-Tenant Cloud Business Email
Cloud Business Email Market: Region-wise Outlook
The global cloud business email market is expected to register a favourable growth for the forecast period, 2015?2025. North America (United States) is expected to be the largest regional market with reference to the global cloud business email market. Europe is projected to be the second largest market followed by Asia-Pacific and ROW. Asia-Pacific is projected to endure its control on the global cloud business email market in terms of growth rate. The key countries in the mentioned region are likely to be India and China as an outcome of the increasing pace of progresses in the enterprise sector and also the need for more efficient solutions into the IT services. Japan also contributes to the global cloud business email market remarkably.
Cloud Business Email Market: Key Players
Some of the key market participants in global cloud business email market are Apptix, Google, AppRiver, NaviSite, Intermedia, Microsoft, Rackspace, SherWeb, GoDaddy, and SilverSky.