The Public Cloud Market size was USD 607.55 Billion in 2023 and is expected to Reach USD 1800 Billion by 2032 and grow at a CAGR of 12.83% over the forecast period of 2024-2032.

The recent report on the Public Cloud Market offers a thorough assessment of the business vertical as well as a comprehensive overview of the industry and its key segments. According to the report, the growing technological developments and research advancements are contributing to the market's expansion. The report provides extensive insight into key market elements such as drivers, restraints, challenges, strategic expansions, market size and share, growth prospects, and threats.

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Public Cloud Market Key Players:

l Amazon Web Services (AWS) (Amazon EC2, Amazon S3)

l Microsoft Azure (Azure Virtual Machines, Azure SQL Database)

l Google Cloud Platform (GCP) (Google Kubernetes Engine, BigQuery)

l IBM Cloud (IBM Cloud Kubernetes Service, IBM Watson)

l Oracle Cloud (Oracle Cloud Infrastructure, Oracle Autonomous Database)

l Alibaba Cloud (Elastic Compute Service, Alibaba Cloud Storage)

l Salesforce (Salesforce Customer 360, Salesforce Einstein)

l VMware (VMware Cloud on AWS, VMware vCloud Director)

l DigitalOcean (Droplets, App Platform)

l SAP Cloud (SAP Business Technology Platform, SAP Analytics Cloud)

l Cisco (Cisco Webex, Cisco AppDynamics)

l Huawei Cloud (Cloud Container Engine, Huawei Cloud Database)

l Red Hat (Red Hat OpenShift, Red Hat Ansible Automation)

l Rackspace Technology (Rackspace Managed Cloud, Rackspace Cloud Backup)

l Zendesk (Zendesk Support Suite, Zendesk Sunshine)

l Mendix (Mendix Low-Code Platform, Mendix Cloud)

l ServiceNow (ServiceNow IT Service Management, ServiceNow Cloud Management)

l Atlassian (Jira Cloud, Confluence Cloud)

l Dropbox (Dropbox Business, Dropbox Paper)

l Box (Box Platform, Box Governance) and others

The public cloud market has experienced explosive growth as organizations increasingly turn to cloud-based solutions for scalability, cost-efficiency, and flexibility. Major players such as Amazon Web Services, Microsoft Azure, and Google Cloud dominate the landscape, offering a wide range of services, including computing power, storage, and advanced analytics. The adoption of public cloud services is driven by the rise of remote work, digital transformation initiatives, and the need for robust disaster recovery solutions.

Market Segmentation

By Service

l Infrastructure as a Service (IaaS)

l Platform as a Service (PaaS)

l Software as a Service (SaaS)

By Enterprise Size

l SMEs

l Large Enterprises

By End Use

l BFSI

l IT & Telecom

l Retail & Consumer Goods

l Manufacturing

l Energy & Utilities

l Healthcare

l Media & Entertainment

l Government & Public Sector

l Others

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COVID-19 Impact Analysis

The report also sheds light on the factors influencing market growth, specifically the ongoing COVID-19 pandemic. The report goes into great detail about the COVID-19 pandemic's extensive impact on the supply chain, demand, trends, and overall dynamics of the Public Cloud Market. It also provides a market growth forecast in the post-COVID-19 scenario.

The industry's growth is being driven by the prominent players' ongoing efforts to develop innovative products and technologies. Furthermore, the market is witnessing a slew of strategic collaborations and initiatives that are broadening the market's scope. The report goes into detail about the factors and elements of the Public Cloud Market that are positively influencing the market's growth.

Regional Dynamics

The Public Cloud Market report provides clear insights into the market's regional bifurcation in terms of the regions where the market has already established its prominence. It also examines the key regions in terms of production and consumption ratios, import/export analysis, supply and demand dynamics, regional trends and demands, and the presence of major players in each region. The regional analysis segments also provide a country-by-country analysis to provide a comprehensive view of the market.

Competitive Scenario

To give the reader a better insights, the report provides a comprehensive overview of the market's competitive landscape. This section focuses on the initiatives and innovations used by the market's key players to gain a strong foothold. To provide a better understanding of the market, the Public Cloud Market report also includes information on mergers and acquisitions, joint ventures, collaborations, partnerships, and agreements, among other things. The report also provides information on each player's revenue, gross profit margin, financial standing, market position, product portfolio, and other critical aspects. A thorough SWOT analysis and Porter's Five Forces analysis are also included in the report.

Major Offerings from Public Cloud Market Report

· Important information about the market's regional segmentation

· Analysis of key market trends in terms of both current and emerging trends

· Comprehensive industry impact analysis of the COVID-19 pandemic

· Extensive overview of the industry's key manufacturers and prominent players.