Healthcare Cloud Computing Market to Cross US$ 7791.4 Mn by 2025

Global Market Study
on Healthcare Cloud
Computing: Private
Cloud Anticipated to Remain the Most Attractive Deployment
Model Through 2025
The research report on healthcare cloud computing market includes current
market scenario analysis as well as a revised forecast for a period of eight years.
According to a recent market report published by Persistence Market Research
titled, “Healthcare Cloud Computing Market: Global Industry Analysis (20122016) and Forecast (2017-2025)” the global healthcare cloud computing market
is anticipated to be valued at US$ 7791.4 Mn in 2025, and is expected to
register a CAGR of 18.9% from 2017 to 2025. Increasing demand for better
healthcare facilities and Rising investments by healthcare IT players are major
factors driving growth of the global healthcare cloud computing market. Cloud
refers to a prototype in which data is permanently stored on servers and
accessed by clients with the help of different information systems such as
computers, sensors, laptops, and others. Cloud computing refers to a process
which involves delivering hosted services to clients.
Global Healthcare Cloud Computing Market: Segmentation & Forecast
Global healthcare cloud computing market is categorized on the basis of
application, deployment model, by components, by service model and region.
On the basis of application, the market is segmented as CIS and NCIS. The CIS
segment is anticipated to register a CAGR of 20.3% during the forecast period.
The component segment is segmented into software, hardware, and services.
On the basis of deployment model, the market is segmented as public cloud,
private cloud, and hybrid cloud. Private cloud segment accounted for highest
market share and was valued at US$ 2,504 Mn in 2016.
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The service model segment is segmented as SaaS, Paas, and IaaS. The SaaS
segment is poised to be highly lucrative in the coming years. This segment is
estimated to reach a value of about US$ 25.4 Bn by 2025 end and is the fastest
growing segment to register an exponential CAGR of 19.7% throughout the
period of assessment, 2017-2025. The PaaS segment is the smallest segment
with a low estimate of US$ 360.3 Mn in 2017 and is expected to reach US$ 1.2
Bn by 2025 end. By component, the software segment is projected to grow at a
higher rate to register value CAGR of 19.2% throughout the period of forecast
and is the largest segment in terms of value share. It is estimated to reach a
valuation of more than US$ 21 Bn by the end of 2025.
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Global Healthcare Cloud Computing Market: Regional Forecast
This report also covers drivers, restraints and trends driving each segment and
offers analysis and insights regarding the potential of healthcare cloud
computing market in regions including North America, Latin America, Europe,
Asia Pacific, and Middle East and Africa. Among these regions, North America
accounted for the largest market share in 2016. Moreover, North America
region is also expected to register a healthy CAGR of 19.6% during the forecast
Global Healthcare Cloud Computing Market: Key Players
Key competitors in healthcare cloud computing market are: Agfa-Gevaert N.V.,
Athena Health Inc., Care Cloud Corporation CareStream Health Inc., Dell Inc.,
IBM Corporation, Oracle Corporation, Microsoft Corporation, and GE
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