Press release
Public Cloud System Infrastructure Services Market Set to Skyrocket with Growing Adoption of Cloud Computing
The global public cloud system infrastructure services market is slated to touch a value of about US$ 110.35 Billion in the year 2027 and grow at a robust CAGR during the assessment period.
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The public cloud system infrastructure services market is driven by the advantages that the public cloud services possess. Due to the public cloud system infrastructure services, people can access data, services and applications via the internet. This eliminates the need for costly hardware like hard drives and servers. Also, it offers the advantage of location facility as such type of services can be easily accessed through the internet. The public cloud services offer elasticity as such type of services availed can be scaled up or down in no matter of time to meet the demand of computing at that particular point of time. This results in affordability of public cloud services, and users pay only for what they use, and in turn minimize the hardware and costs related to IT. Also, public cloud services are simple to use as the users become free from the mess of managing servers and updating software.
Key Players:
The report has profiled some of the Important players prevalent in the global like - VMware, Inc., Microsoft Corporation, Amazon Web Services Inc., Cisco Systems, Inc. International Business Machines Corp, AT&T Inc. Alphabet, Inc., CenturyLink, Inc., Rackspace Hosting, Inc. and Fujitsu Limited 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 System Infrastructure Services.
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4 Forecast Highlights on Global Public Cloud System Infrastructure Services Market
• As per the forecast of Persistence Market Research, the print segment is slated to touch a value of nearly US$ 11.55 Billionn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The print segment is estimated to account for more than one-tenth of the revenue share of the function segment by the year 2017 and is forecasted to lose market share by 2022 over 2017.
• As per the forecast of Persistence Market Research, the BFSI segment will reach a value of nearly US$ 6 Billion in the year 2017. This represents a robust CAGR growth during the forecast period. The BFSI segment is forecasted to account for one-fifth of the total revenue share of the vertical segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
• As per the forecast of Persistence Market Research, the large enterprise segment is slated to reach a value of nearly US$ 63.7 Billion in 2022. The large enterprise segment is expected to lose market share by the end of the year 2022. The largest share is contributed by the North America region in the large enterprise segment.
• Persistence Market Research forecasts the US public cloud system infrastructure services market to grow from US$ 7.37 Billion in 2017 to US$ 30.54 Billion in 2022. This represents a compound annual growth rate (CAGR) of 32.9% from 2017 to 2022.
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 System Infrastructure Services Market Manufacturers
Public Cloud System Infrastructure Services Market Distributors/Traders/Wholesalers
Public Cloud System Infrastructure Services 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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About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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