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Public Cloud Services Market Trends: Global Industry Analysis 2019-2027

10-15-2019 10:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Credence Research Inc.

Public Cloud Services Market Trends: Global Industry Analysis

The global market for public cloud services was valued at US$ 182.36 billion in 2018 and is expected to grow at 16.5 percent CAGR over the forecast period from 2019 to 2027. (According to a research study recently published by Credence Research".)
The worldwide demand for public cloud services is driven primarily by the multitude of investments made by established tech-giants in cloud computing. Many small and medium-sized businesses in emerging economies are still largely dependent on on-premise facilities and centered on upgrading their existing solutions to accommodate the evolving IT landscape rather than changing their operating model.
Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/public-cloud-services-market
However, the benefits of cloud-based solutions in terms of operating costs, maintenance and software upgrades encourage companies to adopt cloud solutions and thus drive the market forward.
With a view to transforming their existing business processes into connected ones, companies around the world are slowly but steadily jumping the bandwagon of digitalisation. Advances in cloud computing is a fast-moving trend that drives demand for uninterrupted global data connectivity and drives huge data volumes across multiple industry verticals, including BFSI, IT & Telecom, retail, government, and healthcare, among others. Thus, perpetually growing volumes of data has necessitated businesses worldwide to adopt cloud services for data storage and other computing services.
Research methodology devised for this study:
Our methodology includes a combination of primary and secondary research for market size engineering, shares and estimates for key segment-specific global "Public Cloud Services" market, and regional segmentation.
a. Secondary Research
Some of the basic but most important sources reported during the study included annual company reports, press releases, and relevant documents that shed light on recent developments on the global market for "Public Cloud Services." Reliable sources such as scientific journals, university research papers and government websites were also referenced to recognize business opportunities in different geographic markets and market penetration of different products / services. In addition, paid databases were referred to collect useful information on key players operating in the "Public Cloud Services" market for extensive commercial study. In case there were no public domain data available, we used modeling and estimates to arrive at comprehensive data sets. Secondary research helped to prepare a base for “Public Cloud Services” market study.
b. Primary Research
The extensive secondary research carried out has been complemented by extensive primary research to validate data and analysis. Primary study involved telephone interviews, e-mail interactions as well as face-to-face interviews with major industry experts.
The participants tracked for primary interviews include:
• Vice President/ CEOs
• Marketing/product managers
• Market intelligence managers
• National sales managers
• Purchasing managers
• Distributors
• Other stakeholders
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59735
Who should buy this report?
• Stakeholders across the “Public Cloud Services” market value chain.
• Business development managers
• CEO’s
• COO’s
• Marketing managers
• Technologists
• Suppliers
• Investors
• Banks
• Government agencies
Scope of the Report
• Global “Public Cloud Services” market forecasts from 2019-2027
• 2019-2027 regional "Public Cloud Services" industry forecasts covering Asia-Pacific, North America, Europe, Middle East and Africa and Latin America;
• Country-level forecasts for 2019-2027 covering leading countries from the above-mentioned regions
• “Public Cloud Services” submarket forecasts from 2019-2027 covering submarket 1, submarket 2 submarket 3
• Various sector models such as SWOT assessment, Pestle Analysis, Porter's Five Force model, Value Chain Analysis of the "Public Cloud Services" market.
• Analysis of the key factors driving and restraining the growth of the global, regional and country level “Public Cloud Services” markets from 2019-2027
• Competitive Landscape and market positioning of top 10 players operating in the “Public Cloud Services” market
• Profiles and market share of the leading 10 companies in 2019 at a global level
Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/public-cloud-services-market

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About Credence Research (Original Publisher)
Credence Research is a worldwide market research and counselling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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