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Gartner and has reported that cloud computing will grow 18% this year, from $209.2 billion to $246.8 billion, and at an even higher rate, demand for cloud services will grow 36.8% this year.

According to a survey done by North Bridge Growth Equity, the SaaS market is worth $53 billion today and growing at a compound annual growth rate (CAGR) of 18%. According to Forbes, 78% of SMBs in the U.S. will have fully adapted cloud computing by 2020.

We estimate the Global market for enterprise-level recording to be at least 25 Billions US$

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