The Public Cloud Market size was USD 523.2 billion in 2022 and is expected to Reach USD 1875.2 billion by 2030 and grow at a CAGR of 17.3% over the forecast period of 2023-2030.
The public cloud market continues to witness exponential growth as businesses of all sizes embrace cloud computing to enhance their operations. With the advent of scalable infrastructure, on-demand resources, and pay-as-you-go pricing models, public cloud services have become indispensable for modern enterprises striving for agility and cost-efficiency. Leading providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) are continuously innovating to meet the evolving needs of their diverse clientele, offering a comprehensive suite of services spanning computing, storage, networking, and beyond. As organizations increasingly migrate their workloads to the cloud, competition among providers intensifies, driving innovation and driving down costs, ultimately benefiting consumers.
The dynamics of the public cloud market are shaped by a multitude of factors, including technological advancements, regulatory frameworks, and shifting consumer preferences. Emerging technologies like artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT) are driving demand for sophisticated cloud solutions capable of handling vast amounts of data and delivering actionable insights in real-time.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Public Cloud industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Public Cloud market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Alibaba Group Holding Limited, Amazon.com Inc., Adobe Inc., Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Salesforce.com Inc., SAP SE, Workday Inc.
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Public Cloud market.
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It has segmented the global Public Cloud market
By Organization Size
- Large Enterprises
- Small and Medium-sized Enterprises
By Service model
- infrastructure as a service
- platform as a Service
- Software as a Service
By End-User
- BFSI
- Healthcare
- Retail
- Manufacturing
- Government
- IT
- Telecom
- Others
Key Points Covered in the Report:
- A thorough analysis of value and volume at the worldwide, sector, and regional levels is included in the global Public Cloud' market report.
- The study offers a full business size Public Cloud' from a global point of view through a review of past facts and possible scenarios.
- Geographically, the Public Cloudof market analysis includes the number of regions and their contrast of revenue.
- The market analysis focuses on ex-factory costs, output volume, market share sales for every manufacturer on a company level basis.
Key Reasons to Purchase this Report:
- A comprehensive study of market size, share and dynamics is a global Public Cloud'market research report and a thorough survey of developments in the field.
- It offers an in-depth overview of revenue growth and an analysis of the total business benefits.
- In addition to the strategic landscape for commodity pricing and marketing, the Public Cloud' industry research also provides key players.
- This is a new post covering the latest impact on the target market. The research report addresses the rapidly evolving market climate as well as the initial and future impact assessment.
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