About Public Cloud
A public cloud is a model of computing in which a service provider offers resources obtainable to the populace through the internet. Resources differ by provider but may include storage capabilities, applications or virtual machines. The public cloud allows for scalability and resource distribution that would not differently be possible for a single organization to achieve. Public clouds can also be expanded quicker than on-premises infrastructures and with an almost infinitely scalable platform. With the use of it helps the employee of an organization to use the same application from various location and access the internet.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. 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.
AWS (United States), Microsoft(United States), Google (United States), Alibaba (China), IBM(United States), Salesforce (United States), Rackspace (United States), Tencent (China), VMWare (United States), Cisco(United States), Oracle(United States) and SAP (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Verizon(United States), Apprenda(United States) and Fujitsu (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Public Cloud market by Type (Platform as a Service, Software as a Service, Infrastructure as a Service and Business Process as a Service), Application (Manufacturing, BFSI, Healthcare, Retail, Government, Aerospace & Defence and IT & Telecommunication) 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 Components, the sub-segment i.e. Hardware 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 Organization Size, the sub-segment i.e. Small Enterprises will boost the Public Cloud market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing adoption of 5G technologies, and use of advance technologies such as artificial intelligence, machine learning
Market Growth Drivers:
High Demand for Public Cloud Services and Increased resource, user mobility and ongoing migration of applications over the cloud
Challenges:
Issues associated with the network bandwidth
Restraints:
Data Security Threats to Impede Public Cloud Market Growth
Opportunities:
The growing penetration of smartphones, smart devices, and other consumer electronic products
Market Leaders and their expansionary development strategies
In December 2020, United States-based IBM to acquire Nordcloud for its public cloud. Nordcloud, on top of serving corporations with cloud management responsibility, also gives application development services and supports customers to move existing workloads to the cloud. The company is certified to take on projects across all three major infrastructure-as-a-service platforms.
In December 2020 the Salesforce United States-based company launches in India a public cloud-based Hyperforce. Adoption of this new architecture will also allow Salesforce to tap into sectors like banking and finance, telecom, and the public sector in India that have strict data compliance requirements.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Public Cloud Providers, Government Regulatory and Research Organizations and End-Use Industry
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.