Increasing Demand for Shorter Response Times Propels Global Cloud Computing Market in Healthcare Industry to US$6.79 bn by 2018
The global cloud computing market in the healthcare industry is exhibiting a high CAGR of 21.30% within a forecast period of 2012 to 2018. The market was valued at US$1.82 bn in 2011. Assuming that growth occurs consistently, this market will reach US$6.79 bn by 2018, as stated in a research report released by Transparency Market Research. The report is titled, “Cloud Computing Market Global Industry Analysis, Size, Share, Trends And Forecast 2012 - 2018”. Browse the full Cloud Computing Market In Healthcare Industry (IAAS, SAAS, PAAS, CIS, NCIS, PACS, EMR, RIS) - Global Industry Analysis, Size, Share, Trends And Forecast 2012 2018 report at http://www.transparencymarketresearch.com/healthcare-cloudcomputing.html Cloud computing is one of the major modern trends being followed in almost all industry verticals. Adopting cloud technology allows an organization to be faster, more efficient, and in a position to use high-end software, which can rapidly increase output. The use of cloud computing in healthcare is highly diverse and currently in a formative stage, where the use of modern technology is creating a large scope of growth for this market. Cloud computing can offer a unique advantage to most verticals – that of being relatively low-cost while still giving access to high-end software and storage options to help speed up processes. The primary driver for the global cloud computing market in the healthcare industry is the high demand for cloud-based implementations in order to create faster response times while under growing budget restrictions. Key segments in the global cloud computing market in the healthcare industry are made according to service models, pricing models, end users, and regions. In terms of service model, the report expects most consumers to prefer PaaS cloud computing as it offers the greatest number of advantages to the healthcare industry. PaaS cloud computing holds