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Public Cloud Service Market 2022 | Emerging Economies By Top Players Alphabet, Inc., Microsoft Corp. , International Business Machines Corp., Oracle Corp., CenturyLink, Inc., Amazon Web Services Inc, Salesforce.com, Inc., VMware, Inc.

06-18-2019 08:15 AM CET | Health & Medicine

Press release from: persistencemarketresearch.com

Public Cloud Service Market

Public Cloud Service Market

The global public cloud services market is expected to witness a robust growth attributed to surge in need for enhanced patient care in the healthcare industry. In addition, growing demand for electronic products with extensive features is expected to impact growth of the global market of public cloud services market positively during the predicted period. Moreover, increasing demand for enhanced patient care systems is expected to rev up demand for the public cloud services in the healthcare industry. Apart from the healthcare industry, public cloud services is further expected to witness significant demand for in the agricultural industry attributed to increasing need for managing, storing and processing data related to agriculture. Further, with public cloud services the farmers can conveniently access information provided by the precision agriculture controller in order to limit the adverse impacts on the environment and slash the prices. A recently published report on “Public Cloud Services Market: Global Industry Analysis (2012-2016) & Forecast (2017-2022),” offers exclusive insights to the readers on the market dynamics and recent trends of the public cloud services market. The report highlights types of cloud services that are used by the healthcare, agriculture, electronics and commercial industry.

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Key players in the global public cloud services market are ., International Business, Alphabet, Inc., Microsoft Corp Machines Corp., Amazon Web Services Inc, Oracle Corp., CenturyLink, Inc., Adobe Systems, Inc., salesforce.com, Inc., VMware, Inc., and Red Hat, Inc.

The report offers insights on various types of cloud services that are expected to impact growth of the global public cloud services market. Increasing developments in technology has led various commercial companies to connect with the customers through the e-commerce platforms and big data. Attributed to such technological developments including e-commerce and big data, various advertising companies are increasingly adopting cloud-based services that enable the companies to control the prices related to the offered services. In terms of revenue, the cloud advertising segment is expected to witness a relatively high growth, accounting for more than US$ 24,000 Mn in the global market. Compared to other type segments, the cloud enterprise type segment is expected to reflect a relatively high CAGR in the global market.

In the next section, the report offers insights on various verticals that are contributing towards growth of the global cloud service market. Increasing need for faster transaction process, and banking services in various financial institutions has led to surge in demand for cloud-based services. Through this platform, the customers can complete various transactions and other banking procedures conveniently. The BFSI segment is expected to witness the highest revenue growth in the global market, accounting for more than US$ 45,000 Mn. Moreover, surge in demand for enhanced patient care system is expected to rev up demand for public cloud services. Adoption of cloud-based services in the healthcare industry will enable the patients to receive fast treatment, and extend access to the treatment related data. The healthcare segment is expected to reflect the highest CARG in the global market.

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With growing advancements in e-commerce and big data, various companies continue to use cloud solutions for advertising in order to control the prices in several ways. On the basis of type, cloud advertising segment is expected to witness the highest revenue growth, accounting for over US$ 24,000 Mn by 2017. However, the cloud enterprise segment is expected to register the highest CAGR in the global market throughout 2022.

As customers prefer speedy bank services and processes, various financial institutions are increasingly adopting public cloud services, which enables the customers to make faster transactions and complete bank related procedures conveniently. The BFSI segment, on the basis of vertical type, is expected to witness the highest revenue growth, accounting for over US$ 45,000 Mn in the global public cloud service market. Cloud services are also expected to witness significant adoption in order to improve the patient care system. The healthcare segment is expected to register the highest CAGR growth in the global market throughout 2022.

Adoption of public cloud services is expected to remain high in various enterprises as it offers convenient access to the business related data to the employees. By enterprise type, the large enterprise segment is expected to witness significant revenue growth, representing over US$ 47,000 Mn in the global market by the end of 2022. However, the small enterprise segment is expected to register the highest CAGR in the global market throughout 2022.

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According to the analysis done by Persistence Market Research, the global Public Cloud Service market is experiencing steady rise since past years. The global market has witnessed positive yet slow growth since 2012 and is expected to register a high value CAGR of 7.9% throughout the period of forecast. In 2017, the global Public Cloud Service market reflected an estimate of around US$ 1300 Mn in 2017 and is anticipated to touch a value higher than US$ 2900 Mn by the end of the year of assessment. This growth can be attributed to the increasing demand for Public Cloud Service for diagnosis in carious healthcare facilities across the globe, rising incidences of ageing population, increasing need for medical imaging and increasing preference of minimally invasive diagnostic procedures. However, factors such as adoption of refurbished equipment and lack of skilled and trained professionals are posing challenges to the growth of the global market.

Table Of Content:
1. Global Public Cloud Services Market - Executive Summary
2. Global Public Cloud Services Market Overview
3. Global Public Cloud Services Market Analysis and Forecast By Type
4. Global Public Cloud Services Market Analysis and Forecast By Vertical
5. Global Public Cloud Services Market Analysis and Forecast By Enterprise Type
6. Global Public Cloud Services Market Analysis and Forecast By Region
7. North America Public Cloud Services Market Analysis and Forecast, By Country, 2012-2022
8. Latin America Public Cloud Services Market Analysis and Forecast, By Country, 2012-2022
9. Europe Public Cloud Services Market Analysis and Forecast, By Country, 2012-2022
10. Japan Public Cloud Services Market Analysis and Forecast, By Country, 2012-2022
11. APEJ Public Cloud Services Market Analysis and Forecast, By Country, 2012-2022
12. MEA Public Cloud Services Market Analysis and Forecast, By Country, 2012-2022
13. Global Public Cloud Services Market Competition Landscape and Company Profile
14. Research Methodology
15. Secondary and Primary Sources
16. Assumptions and Acronyms
17. Disclaimer

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About us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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