Public Cloud Service Market size is expected to reach US$ 1267.45 Bn. by 2029, at a CAGR of 14.23% during the forecast period. Containerization, database platform-as-a-service (dbPaaS), and artificial intelligence/machine learning are more feature-rich than commoditized computing like IaaS or network-as-a-service. SaaS is the largest public cloud services market segment, with end-user expenditure expected to reach $176 billion by the end of 2022. MMR estimates that this sector will continue to grow at a steady rate as organizations adopt different routes to market with SaaS, such as cloud marketplaces, and continue to break up big, monolithic apps into composable bits for more effective DevOps operations. Emerging technologies in cloud computing such as hyper-scale edge computing and secure access service edge (SASE) are disrupting adjacent markets and forming new product categories, creating additional revenue streams for public cloud providers. Emerging cloud computing technologies such as hyper-scale edge computing and secure access service edge (SASE) are disrupting adjacent businesses and building new product categories, generating new income streams for public cloud providers. Some of the leading key players in the global Public Cloud Service Market include Google, Amazon, Microsoft, and Oracle. They are continuously strategizing on mergers and acquisitions, strategic alliances, joint ventures, and partnerships for the growth of their market shares.To know about the Research Methodology :- Request Free Sample Report
Public Cloud Service Market Dynamics
Growing trend has been observed in adoption of cloud computing technologies from 2023 to 2029 and is expected to accelerate its growth in the forecast period. The report study provides the detailed information of drivers and restraints that will help readers to understand the market dynamics of public cloud service market. Public cloud offers variety of benefits such as cost effectiveness, quick and easy set up, optimization of staffing budgets, no maintenance, no long-term contracts, massive economies of scale, high flexibility without redundancy and maximum uptime and zero risk failure are improving the growth of market. Furthermore, high adoption of public cloud in medium and large scale enterprises is driving the growth of market. Nevertheless, public cloud services have some downsides such as security of data held within a public cloud could hamper the growth of market. Lack of technical knowledge and lack of awareness amongst small scale enterprises are the major restraining factors that could hinder the growth of market. The report has covered impact of restraints on the acceptance of cloud technologies and strategies deployed by key players to overcome it.Public Cloud Service Market Segmentation Analysis
By delivery model, software as a service (SaaS) segment dominated the market in 2022 and is expected to grow at CAGR of xx% during forecast period. It is web based software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. The SaaS model is a popular in software, with the large majority of software companies selling a SaaS offering, which is driving the growth of market. Some examples of SaaS model are grammarly, slack, or dropBox. Applications like Netflix, Spotify, and Amazon Prime are SaaS model tools. These are accessible via the internet and follow a SaaS pricing model, but are entirely geared toward consumers. By industry, telecom and IT segment dominated the market and is expected to keep its dominance by the end of forecast period. Public cloud solutions allow organizations to scale at a near infinite rate. Financially, a public cloud solution provides organizations a approach to raise at scale without accumulating substantial costs. Public cloud providers such as Amazon Web Services, Google Cloud Platform and Microsoft Azure offer per-per-usage deals which grant organizations to pay only for the resources they use. Furthermore, it can protect an organization's budget from high up-front capital investments which results into the growth of market.Regional Analysis
Region wise, North America held the largest market share in 2022 and is expected to grow at CAGR of xx% during forecast period. The US and Canada are dominated the market. This is owing to the massive presence of public cloud providers such as Google, Microsoft, Cisco and others. Advanced technological developments in cloud computing technologies by these service providers are driving the growth of market in region. In March 2020, Google Cloud has been named a leader in the Forrester Wave for Public Cloud Development and Infrastructure Platforms. Amazon Web Services (AWS) is the undisputed market leader in cloud computing. The objective of the report is to present a comprehensive analysis of the Global Public Cloud Service Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Public Cloud Service Market dynamics, structure by analyzing the market segments and projects the Global Public Cloud Service Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Public Cloud Service Market make the report investor’s guide.Public Cloud Service Market Scope: Inquire before buying
Public Cloud Service Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 499.42 Bn. Forecast Period 2023 to 2029 CAGR: 14.23% Market Size in 2029: US $ 1267.45 Bn. Segments Covered: by Delivery Model Software as a Service (SaaS) Access Control as a Service (ACaaS) Platform as a Service (PaaS) Infrastructure as a Service (IaaS) by Industry Telecommunications and IT Retail Government and Education Manufacturing Healthcare Others Public Cloud Service Market, By Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (razil, Argentina Rest of South America)Key Players
1. Google 2. Amazon 3. Salesforce.com 4. Microsoft 5. Oracle 6. Hewlett-Packard 7. VMWare 8. Cisco Systems 9. Verizon 10. Rackspace. 11. ServiceNow 12. Mulesoft Anypoint Platform 13. SAP HANA Cloud Platform 14. Scalr 15. WSO2 App Cloud 16. Mendix 17. Acquia Platform 18. Platform.sh 19. RightScale 20. Covisint 21. RISCNetworks 22. built.io 23. Servoy 24. Fujitsu 25. AppScale 26. Box 27. webMethodsAgileApps Cloud 28. NetSuite 29. Engine Yardare Frequently Asked Questions: 1. Which region has the largest share in Global Public Cloud Service Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Public Cloud Service Market? Ans: The Global Public Cloud Service Market is growing at a CAGR of 14.23 % during forecasting period 2023-2029. 3. What is scope of the Global Public Cloud Service market report? Ans: Global Public Cloud Service Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Public Cloud Service market? Ans: The important key players in the Global Public Cloud Service Market are – Google, Amazon, Salesforce.com, Microsoft, Oracle, Hewlett-Packard, VMWare, Cisco Systems, Verizon, Rackspace., ServiceNow, Mulesoft Anypoint Platform, 5. What is the study period of this market? Ans: The Global Public Cloud Service Market is studied from 2022 to 2029.
1. Public Cloud Service Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Public Cloud Service Market: Dynamics 2.1. Public Cloud Service Market Trends by Region 2.1.1. North America Public Cloud Service Market Trends 2.1.2. Europe Public Cloud Service Market Trends 2.1.3. Asia Pacific Public Cloud Service Market Trends 2.1.4. Middle East and Africa Public Cloud Service Market Trends 2.1.5. South America Public Cloud Service Market Trends 2.2. Public Cloud Service Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Public Cloud Service Market Drivers 2.2.1.2. North America Public Cloud Service Market Restraints 2.2.1.3. North America Public Cloud Service Market Opportunities 2.2.1.4. North America Public Cloud Service Market Challenges 2.2.2. Europe 2.2.2.1. Europe Public Cloud Service Market Drivers 2.2.2.2. Europe Public Cloud Service Market Restraints 2.2.2.3. Europe Public Cloud Service Market Opportunities 2.2.2.4. Europe Public Cloud Service Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Public Cloud Service Market Drivers 2.2.3.2. Asia Pacific Public Cloud Service Market Restraints 2.2.3.3. Asia Pacific Public Cloud Service Market Opportunities 2.2.3.4. Asia Pacific Public Cloud Service Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Public Cloud Service Market Drivers 2.2.4.2. Middle East and Africa Public Cloud Service Market Restraints 2.2.4.3. Middle East and Africa Public Cloud Service Market Opportunities 2.2.4.4. Middle East and Africa Public Cloud Service Market Challenges 2.2.5. South America 2.2.5.1. South America Public Cloud Service Market Drivers 2.2.5.2. South America Public Cloud Service Market Restraints 2.2.5.3. South America Public Cloud Service Market Opportunities 2.2.5.4. South America Public Cloud Service Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Public Cloud Service Industry 2.8. Analysis of Government Schemes and Initiatives For Public Cloud Service Industry 2.9. Public Cloud Service Market Trade Analysis 2.10. The Global Pandemic Impact on Public Cloud Service Market 3. Public Cloud Service Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 3.1.1. Software as a Service (SaaS) 3.1.2. Access Control as a Service (ACaaS) 3.1.3. Platform as a Service (PaaS) 3.1.4. Infrastructure as a Service (IaaS) 3.2. Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 3.2.1. Telecommunications and IT 3.2.2. Retail 3.2.3. Government and Education 3.2.4. Manufacturing 3.2.5. Healthcare 3.2.6. Others 3.3. Public Cloud Service Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Public Cloud Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 4.1.1. Software as a Service (SaaS) 4.1.2. Access Control as a Service (ACaaS) 4.1.3. Platform as a Service (PaaS) 4.1.4. Infrastructure as a Service (IaaS) 4.2. North America Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 4.2.1. Telecommunications and IT 4.2.2. Retail 4.2.3. Government and Education 4.2.4. Manufacturing 4.2.5. Healthcare 4.2.6. Others 4.3. North America Public Cloud Service Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 4.3.1.1.1. Software as a Service (SaaS) 4.3.1.1.2. Access Control as a Service (ACaaS) 4.3.1.1.3. Platform as a Service (PaaS) 4.3.1.1.4. Infrastructure as a Service (IaaS) 4.3.1.2. United States Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 4.3.1.2.1. Telecommunications and IT 4.3.1.2.2. Retail 4.3.1.2.3. Government and Education 4.3.1.2.4. Manufacturing 4.3.1.2.5. Healthcare 4.3.1.2.6. Others 4.3.2. Canada 4.3.2.1. Canada Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 4.3.2.1.1. Software as a Service (SaaS) 4.3.2.1.2. Access Control as a Service (ACaaS) 4.3.2.1.3. Platform as a Service (PaaS) 4.3.2.1.4. Infrastructure as a Service (IaaS) 4.3.2.2. Canada Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 4.3.2.2.1. Telecommunications and IT 4.3.2.2.2. Retail 4.3.2.2.3. Government and Education 4.3.2.2.4. Manufacturing 4.3.2.2.5. Healthcare 4.3.2.2.6. Others 4.3.3. Mexico 4.3.3.1. Mexico Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 4.3.3.1.1. Software as a Service (SaaS) 4.3.3.1.2. Access Control as a Service (ACaaS) 4.3.3.1.3. Platform as a Service (PaaS) 4.3.3.1.4. Infrastructure as a Service (IaaS) 4.3.3.2. Mexico Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 4.3.3.2.1. Telecommunications and IT 4.3.3.2.2. Retail 4.3.3.2.3. Government and Education 4.3.3.2.4. Manufacturing 4.3.3.2.5. Healthcare 4.3.3.2.6. Others 5. Europe Public Cloud Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.2. Europe Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3. Europe Public Cloud Service Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.1.2. United Kingdom Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.2. France 5.3.2.1. France Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.2.2. France Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.3.2. Germany Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.4.2. Italy Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.5.2. Spain Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.6.2. Sweden Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.7.2. Austria Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 5.3.8.2. Rest of Europe Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6. Asia Pacific Public Cloud Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.2. Asia Pacific Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3. Asia Pacific Public Cloud Service Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.1.2. China Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.2.2. S Korea Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.3.2. Japan Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.4. India 6.3.4.1. India Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.4.2. India Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.5.2. Australia Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.6.2. Indonesia Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.7.2. Malaysia Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.8.2. Vietnam Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.9.2. Taiwan Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 6.3.10.2. Rest of Asia Pacific Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 7. Middle East and Africa Public Cloud Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 7.2. Middle East and Africa Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 7.3. Middle East and Africa Public Cloud Service Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 7.3.1.2. South Africa Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 7.3.2.2. GCC Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 7.3.3.2. Nigeria Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 7.3.4.2. Rest of ME&A Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 8. South America Public Cloud Service Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 8.2. South America Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 8.3. South America Public Cloud Service Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 8.3.1.2. Brazil Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 8.3.2.2. Argentina Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Public Cloud Service Market Size and Forecast, by Delivery Model (2022-2029) 8.3.3.2. Rest Of South America Public Cloud Service Market Size and Forecast, by Industry (2022-2029) 9. Global Public Cloud Service Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Public Cloud Service Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Google 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Amazon 10.3. Salesforce.com 10.4. Microsoft 10.5. Oracle 10.6. Hewlett-Packard 10.7. VMWare 10.8. Cisco Systems 10.9. Verizon 10.10. Rackspace. 10.11. ServiceNow 10.12. Mulesoft Anypoint Platform 10.13. SAP HANA Cloud Platform 10.14. Scalr 10.15. WSO2 App Cloud 10.16. Mendix 10.17. Acquia Platform 10.18. Platform.sh 10.19. RightScale 10.20. Covisint 10.21. RISCNetworks 10.22. built.io 10.23. Servoy 10.24. Fujitsu 10.25. AppScale 10.26. Box 10.27. webMethodsAgileApps Cloud 10.28. NetSuite 10.29. Engine Yardare 11. Key Findings 12. Industry Recommendations 13. Public Cloud Service Market: Research Methodology 14. Terms and Glossary