Healthcare Cloud Infrastructure Market Size, Share & Trends Analysis Report By Component (Hardware, Services), By End-use (Healthcare Providers, Healthcare Payers), By Region, And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the healthcare cloud infrastructure market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for healthcare cloud infrastructure market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of healthcare cloud infrastructure market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Healthcare Cloud Infrastructure Market Categorization:

The healthcare cloud infrastructure market was categorized into three segments, namely component (Hardware, Service), end-use (Healthcare Providers, Healthcare Payers), and regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The healthcare cloud infrastructure market was segmented into component, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The healthcare cloud infrastructure market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-five countries, namely, the U.S.; Canada; the UK.; Germany; France; Italy; Spain; Russia; Denmark; Sweden; Norway; China; Japan; India; Australia; Singapore; Thailand; South Korea; Brazil; Mexico; Argentina; South Africa; UAE; Saudi Arabia; Kuwait.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Healthcare cloud infrastructure market companies & financials:

The healthcare cloud infrastructure market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• IBM CORPORATION - IBM is a global technology and consulting corporation that operates in the following business segments: Software, Global Business Services (GBS), Global Technology Services (GTC), Systems & Technology Group (STG), and Global Financing. Over the past decade, IBM has gradually diversified into more profitable and higher-value markets, such as data analytics, cloud computing, business intelligence, business continuity, virtualization, and security. In the healthcare segment, IBM designs sustainable healthcare systems. In addition, the company collaborates to improve care & outcomes and increase patient access to healthcare. IBM Watson, an AI-enabled platform for business, offers industry-based solutions for real-world problems. It has been redefining the IT space through its presence in over 170 countries.

• MICROSOFT - Microsoft is a leading technology company that develops a wide range of software solutions, services, and devices. Its business segments include Intelligent Cloud, Productivity & Business Process, and More Personal Computing. Some of the products developed by Microsoft are operating systems, server applications, cross-device productivity applications, business solution applications, and software development tools. In addition, Microsoft manufactures personal computers, entertainment consoles, tablets, and accessories. Moreover, it also provides consulting services and solution support. The company distributes its products and services through direct channels, resellers, and distributors.

• ORACLE - Oracle is an American multinational company specializing in corporate IT, cloud engineering systems, and enterprise software products. The company is engaged in developing and marketing business software and hardware systems. The company's products include business intelligence software, database, middleware, server & storage systems, and enterprise & database management. It is also involved in providing solutions for communication, such as CRM, JDE, and ERP. It is present in 150 countries. Oracle cloud infrastructure delivers higher performance, security, and cost savings by allowing businesses easy cloud accessibility. Oracle caters to communications, construction, engineering, financial services, food & beverages, healthcare, and life science industries through its software solutions.

• SALESFORCE - Salesforce is a cloud-based company that provides customer relationship management software and applications focused on sales, customer services, marketing automation, analytics, and application development. The company offers customers a 360 platform, an integrated, AI-powered CRM platform spanning sales, services, marketing, commerce, and more. This platform offers an advantage of pervasive AI, analytics, and collaboration capabilities.

• AMAZON - Amazon is a multinational conglomerate focusing on e-commerce, cloud computing, digital streaming, and AI. The company operates through three segments: North America, International, and AWS (Amazon Web Services). Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments on a metered pay-as-you-go basis. These cloud computing web services offer a variety of basic abstract technical infrastructure and distributed computing building blocks and tools. AWS comprises over 200 products and services, including computing, storage, networking, database, analytics, application services, deployment, management, machine learning, developer tools, RobOps, and tools for the Internet of Things.

• DELL - Dell is an American multinational technology company that provides innovative technology and services portfolio for data era, spanning both traditional infrastructure and multi-cloud technologies. The company operates in 180 countries globally across key functional areas, including technology and product development, marketing, sales, financial services, and global services. The company operates through three reportable segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment enables digital transformation through the company's multi-cloud and big data solutions built upon a modern data center infrastructure. The CSG segment includes branded hardware, branded peripherals, third-party software, and peripherals. The company has manufacturing units in the U.S., Malaysia, China, Brazil, India, Poland, and Ireland.

• HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP - Hewlett Packard Enterprise Development LP is a technology company that develops intelligent solutions to capture, analyze, and act upon data seamlessly from edge to cloud. The company operates through six business segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services ("FS"), Corporate Investments, and others. The compute portfolio includes secure and versatile HPE ProLiant rack and tower servers and HPE Synergy, a composable infrastructure for traditional and cloud-native applications. The HPC & AI business offers standard and custom hardware and software solutions to support specific use cases. The company's operations are concentrated in specific geographic locations, including the U.S., Czech Republic, Mexico, China, Malaysia, Taiwan, and Singapore.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Healthcare Cloud Infrastructure Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Healthcare Cloud Infrastructure Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.