Public Cloud Service Market 2018 by Global Leaders: VMware, Oracle, Microsoft, Google, Cisco Systems, Verizon Wireless, Rackspace and Hewlett-Packard

Market Research Future published a research report on “Public Cloud Service Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Highlights

In this rapidly changing environment, many businesses have adopted cloud technologies. The cloud service that is offered over a public network is defined as the public cloud service. Public cloud service has many benefits as flexibility, cost effectiveness, reliability and many more. Rapid IT modernization, investment in technological developments and other are the key factors driving public cloud service market.

Recently it has been studied that cyber security threat is increasing and this is considered as the major restraint in public cloud service market. Apart from cyber security internet downtime and limited control of infrastructure are also some of the restraining factor in public cloud service market. Government organizations from many countries are recently taking interest in complete integration with cloud technologies.

The Public Cloud Service Market is growing rapidly over 4% of CAGR and is expected to reach at USD 249 billion by the end of forecast period.

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Key Players:

The prominent players in the Public Cloud Service Market are - International Business Machines Corporation (U.S.), Amazon.com, Inc. (U.S.), Microsoft Corporation (U.S.), Google (U.S.), Hewlett-Packard (U.S.), Salesforce.com (U.S.), Oracle Corporation (U.S.), VMware, Inc.(U.S.) , Cisco Systems, Inc. (U.S.), Verizon Wireless (U.S.), and Rackspace Inc. (U.S.) among others.

Segments:

Public Cloud Service Market by Delivery Model:

• Software as a Service (SaaS)
• Infrastructure as a service (IaaS)
• Platform as a service (PaaS)

Public Cloud Service Market by End-User:

• Small and Medium Business
• Enterprise

Public Cloud Service Market by Vertical:

• IT
• Telecommunication
• Banking
• Insurance
• Retail
• Healthcare
• Government
• Education
• Manufacturing
• Others

Regional Analysis:

The regional analysis of Public Cloud Service market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. IT modernization has driven the market of public cloud service in North America. It has been observed that United States is the leading country in public cloud services market. Western Europe has a fair share in the public cloud service market and is expected to grow steadily over the forecast period. The public cloud service market is expected to grow significantly in Asia-Pacific as adoption of technology is in various industries are increasing significantly.

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Intended Audience

• Cloud providers
• MES (Manufacturing Execution System) and MOM (Manufacturing Operations Management) Players
• System Integrators
• Government Organizations
• Research/Consultancy firms

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