Public Cloud Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Public Cloud Market covers analysis by Types, Delivery Models, and Industry Vertical, and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPTE100000170
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150

Public Cloud Market Developments by 2031

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Cloud services act as the storage or third party vendors where the data of organization is stored for various purposes. The stored data is then retrieved for analytical purposes. The public cloud domain denotes, the cloud services offered over a public network that can be accessed remotely. The biggest advantage of having the public cloud model is that organizations will have limited concerns regarding the storage and maintenance of data. The setup is off-premise and the architecture type is multi-tenant where a number of organizations share the computing space of the third-party vendor. SME`s will be gain more benefits as they outsource the storage and maintenance of their data to third-party cloud vendors and thus save a lot on capital investments in setting up infrastructure. Cost savings, rapid building, testing and lesser time-to-market the product has attracted a lot of businesses across various verticals to adopt the public cloud technology.

Over the past decade, the software industry has witnessed massive changes. The deployment of cloud models by organizations being the foremost of them due to the stated advantages it offers. Highly scalable nature of businesses prompt them to opt for cloud based services as the data at storage centers can be scaled up and down as per the user requirements. Additionally, the pricing structure followed by the public cloud vendor's model is generally pay-as-per-use. The organizations especially SME's do not have to pay huge amounts in one go and thus makes it highly desirable for them to deploy public cloud model for their business operations. Core competency of businesses is maintained and hence allows them to stay competitive in this highly dynamic market.

Reduced operational costs and the plethora of solutions that are business specific offered from a single source are the primary drivers for the public cloud services market. Need for a scalable, flexible, easy and efficient IT infrastructure is also driving this market considerably. Human errors are minimized as the operations are totally machine operated and eventually attracts the organizations to adopt the public cloud services. The above drivers are the reasons behind the exponential adoption of this market.

In spite of being significantly adopted in developed countries of the world, the growth of public cloud services has experienced few constraints. Security concerns regarding the privacy of data has been the major restraining factor for this market. The internet connectivity requirements for this cloud model is high and in countries with poor connectivity will impact the implementation of public cloud. Also, the integration of the model with the legacy systems has been a restraining factor. The other restraints for this market include outages and data mobility.

The global public cloud market has been segmented by types into hardware, software and services. Further the public cloud market has been fragmented on the basis of delivery model into SaaS, PaaS and IaaS. In addition, this market has been further segmented based on end-users, namely: SME's and large enterprises. Public cloud market segmentation is also done on the basis of industry verticals that includes BFSI, Telecommunications, Hospitality & Retail, Government, Manufacturing and Healthcare.

North America leads the global public cloud market due to remarkable technological advancements and socio economic development of the region.. Europe which is another major industrial hub has been contributing to the growth of public cloud market. The NORDIC region in Europe with many small industries has largely contributed to the European market share for the public cloud market. Additionally, steadily catching up with these regions is the APAC region with developing countries like India and China gradually investing in public cloud technologies. Some of the key players operating within the global public cloud market include Microsoft Corporation, Salesforce.com, Cisco Systems, Inc., VMWare, Google, Inc., Oracle Corporation, and Eucalyptus among others.

REGIONAL FRAMEWORK

Public Cloud Market Report Analysis

Public Cloud Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Salesforce com
  • IBM Corporation
  • Microsoft Corporation
  • VMWare
  • Oracle Corporation
  • Cisco Systems Inc
  • Google Inc
  • Eucalyptus

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Types
Market Segment By Delivery Models
Market Segment By Industry Vertical
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Public Cloud Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Types
    By Delivery Models
      By Industry Vertical
        Regions and Countries Covered North America
        • US
        • Canada
        • Mexico
        Europe
        • UK
        • Germany
        • France
        • Russia
        • Italy
        • Rest of Europe
        Asia-Pacific
        • China
        • India
        • Japan
        • Australia
        • Rest of Asia-Pacific
        South and Central America
        • Brazil
        • Argentina
        • Rest of South and Central America
        Middle East and Africa
        • South Africa
        • Saudi Arabia
        • UAE
        • Rest of Middle East and Africa
        Market leaders and key company profiles
        • Salesforce com
        • IBM Corporation
        • Microsoft Corporation
        • VMWare
        • Oracle Corporation
        • Cisco Systems Inc
        • Google Inc
        • Eucalyptus
        • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
        Report Coverage

        Report Coverage

        Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

        Segment Covered

        Segment Covered

        This text is related
        to segments covered.

        Regional Scope

        Regional Scope

        North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

        Country Scope

        Country Scope

        This text is related
        to country scope.

        • Salesforce.com
        • IBM Corporation
        • Microsoft Corporation
        • VMWare
        • Oracle Corporation
        • Cisco Systems, Inc.
        • Google, Inc.
        • Eucalyptus

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