About Public Cloud -
A public cloud is a platform that makes use of the trendy cloud computing mannequin to make sources -- such as digital machines, purposes or storage -- reachable to customers remotely. Public cloud offerings might also be free or supplied thru a range of subscription or on-demand pricing schemes, such as a pay-per-usage model. A public cloud is an absolutely virtualized surroundings that depends on high-bandwidth community connectivity to transmit data. Providers have a multi-tenant structure that permits customers -- or tenants -- to run workloads on shared infrastructure and use the identical computing resources. A tenant's statistics in the public cloud is logically separated and stays remoted from the statistics of different tenants. Public cloud is a choice software improvement strategy to normal on-premises IT architectures. In the fundamental public cloud computing model, a third-party company hosts scalable, on-demand IT assets and provides them to customers over a community connection, both over the public net or a committed network.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Various strategic approaches, including cooperation, growth, mergers and acquisitions, and the integration of cutting-edge technology, will be seen in the public cloud industry. Major industrial companies strategically invest in advancing R&D operations and supporting their expansion goals. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Public Cloud - market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon Web Services (AWS) (United States), Microsoft Azure (United States), Google Cloud Platform (GCP) (United States), Alibaba Cloud (China), Oracle Cloud (United States), IBM Cloud (Kyndryl) (United States), Tencent Cloud (China), OVHcloud (France), DigitalOcean (United States) and Linode (Akamai) (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Oracle Corporation (United States), Salesforce.com Inc. (United States), SAP SE (Germany) and Workday, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Public Cloud - market by and Region.
On the basis of geography, the market of Public Cloud - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service Models, the sub-segment i.e. IaaS will boost the Public Cloud - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Telecommunications will boost the Public Cloud - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise, the sub-segment i.e. Small & Medium Enterprises will boost the Public Cloud - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Public Cloud - Market Dynamics:
Attributes | Details |
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Growth Drivers | - Digital Transformation among Industries
- Increasing Penetration of Internet & Mobile Devices across the World
- Rise in Consumption of Big Data
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Influencing Trends | - Manipulating the Adoption of Public Cloud Is the Sustainability Drive Promoting the Carbon-Neutral Cloud
- IT Professionals Are Also Knowledgeable About Developments in Robotics and Cybersecurity
- Cloud Computing Jobs are on the Rise As Well, As More Companies Switch to Cloud Solutions
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Restraints | - Data Security and Privacy
- Constant Control over Spending
- Fewer Individual Options
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Road Blocks / Challenges | - Increasingly Complex Cloud Costs and Pricing Models
- Skills Gap among IT Professionals in the Cloud Computing Industry
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Gaps & Opportunities | - AI is the New Face of Cloud Computing
- Serverless Computing Is At the Top 5 Fastest-Growing Platforms for Cloud Service
- Demand For Cloud Computing Increases, the Need for an Expanded Data Storage Unit Further Increases
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Market Leaders and their expansionary development strategies
In 2022, a definitive merger deal between Amazon and One Medical, under which Amazon will buy One Medical, was revealed. Using a seamless combination of in-person, online, and virtual care services that are close to people's places of employment, residence, and shopping, One Medical is a human-centered, technology-driven national primary care organisation on a mission to make quality care more affordable, accessible, and enjoyable.
In 2022, a market-leading cloud migration platform now offers the option to do VM-based or OS-based migrations to any cloud, according to RiverMeadow Software Inc., a major global provider of cloud migration & disaster recovery software and services. When it comes to VM or OS deployment and cloud migration, RiverMeadow offers versatility.
Key Target Audience
Public Cloud Providers, Government Bodies, Venture Capitalists and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.