Press release
Public Cloud Service Market to surpass US$ 640 Bn by 2027|Microsoft Corp., Alphabet, Inc., Machines Corp., International Business
Public Cloud Service Market 2022This published report for Public Cloud Service Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Public Cloud Service Market also offers the previous historical data along with the forecast from 2022 to 2030. The assessment of Public Cloud Service Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2022-2030.
Surge in demand for enhanced technology in the electronic products that supports extensive features has fuelled demand for public cloud services market in the electronic industry. Persistence Market Research, in its recently compiled report, projects the global public cloud services market to surpass US$ 640 Bn by 2027.
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Factors Fuelling Growth of the Global Market
Increasing demand for gadgets with enhanced connectivity and features has led to an upsurge in demand for public cloud services among manufacturers in the electronic industry. Public cloud services are also projected to witness significant adoption in various commercial organizations to extend access of important documents and business related files with the employees. In addition to increasing use in the electronic industry, public cloud services is projected to witness significant demand in the healthcare sector.
Key Players:
The report has profiled some of the Important players prevalent in the global like - Microsoft Corp., Alphabet, Inc., Machines Corp., International Business, CenturyLink, Inc., Oracle Corp., salesforce.com, Inc., Amazon Web Services Inc, Adobe Systems, Inc., Red Hat, Inc., and VMware, Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Public Cloud Service.
As customers prefer fast and cost-effective treatment services, various healthcare organizations continue to adopt technically enhanced services, such as public cloud services. The public cloud services enables patients and healthcare professionals to store and access all the treatment related data in the healthcare industry. Adoption of the public cloud services is projected to significantly add to the healthcare services, as patients can access doctors and treatments seamlessly. Increasing trend of accessing virtual care is projected to continue in various healthcare organizations. Attributed to its secure features, several healthcare organizations witness significant adoption of cloud-based services to maintain the patient records and data related to the treatment process in a transparent and secure manner.
In addition to the healthcare industry, adoption of public cloud services is significantly high in the agricultural industry. Increasing need to store, maintain, and process the data related to production process in the agricultural field, and the quality of soil is projected to rev up adoption of public cloud services in the agricultural industry. Through the platform of public cloud services, the agriculturalists can access information stored by the precision farmers to curtail the harmful effects on the environment, and reduce the prices. Moreover, adoption of this platform in the agricultural industry enables the farmers to access the information related to the supply chain, customer demand, and the billing system. Through such information the agriculturalists can make better predictions and analysis regarding the product process.
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Cloud Advertising to Represent a Leading Segment
Increasing advancements in technology has led to surge in use of big data and e-commerce platforms. Attributed to growing developments in technology, the advertising companies are adopting the cloud services to connect with the customers and also control the costs related to the services in various ways. In terms of revenue, the cloud advertising segment as compared to other types segment is projected to represent a relatively high revenue growth, representing more than US$ 24,000 Mn in the global market of public cloud service by the end of 2017. However, as compared to other types segment, the cloud enterprise type services segment is projected to reflect a relatively high CAGR through 2022. The market in North America will remain a leading segment for sales of public cloud services globally.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders:
Public Cloud Service Market Manufacturers
Public Cloud Service Market Distributors/Traders/Wholesalers
Public Cloud Service Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report:
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
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