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Market Monitor, a service of 451 Research, projects that the Cloud-Enabling Technologies market revenue will increase at a 21% compound annual growth rate (CAGR) to reach $22.6 billion in 2016.
The recently published Market Monitor Cloud-Enabling Technologies overview report defines Cloud-Enabling Technologies as technologies that are installed, delivered and consumed on-premises. The report examines 143 vendors, segmented into three primary categories - virtualization, security, and automation and management. Cloud-Enabling Technologies, by definition, are not hosted by third parties. A report overview can be viewed here.
Full report highlights include:
* Virtualization - the foundation of cloud computing - accounts for the majority of total market revenue, with a 66% share. But, as the most mature market segment, it also has the lowest CAGR...