Press release
Public Cloud Service Market Size, Share Global Industry, Future Trends by 2022|Revenue Surpass US$ 640 Bn
Public Cloud Service Market 2022
Global Public Cloud Services Market to Surpass US$ 640 Bn by 2022, BFSI Sector Remains at the Forefront of Adoption.
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.
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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.
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.
Key geographies evaluated in this report are:
North America - U.S, Canada
Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC - China, India, Japan, Australia, Others
Latin America - Argentina, Brazil, Others
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?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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About us:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against rep/uted organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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