Press release
Public Cloud Global Market Report 2025: Exponential Growth Predicted, Highlighting Major Drivers and Trends
Public Cloud Market Size
What Is The Projected Market Size Of The Global Public Cloud Global Market Report 2025 And Its Growth Rate?
The Public cloud market is experiencing an extraordinary growth phase.
• In 2024, the market size was $688.33 billion and is predicted to reach $813.15 billion in 2025, with an impressive compound annual growth rate (CAGR) of 18.1%.
• The rapid growth in the historic period is due to increased computing power, the expansion of the entertainment industry, advancements in product design and prototyping, automotive design and testing enhancements, improvements in training and education, and notable cost savings.
• The market is expected to experience a phenomenal surge to $1766.26 billion in 2029, with a compound annual growth rate (CAGR) of 21.4%.
• This exponential growth in the forecast period can be attributed to evolving gaming and entertainment needs, advancements in autonomous vehicles, improvements in healthcare and environmental simulations, and progress in scientific research.
What Is Driving The Growth In The Public Cloud Global Market Report 2025?
The adoption and rising use of 5G technology is one of the primary drivers of the public cloud market. 5G is a revolutionary network technology that enables versatile connectivity, linking nearly everyone and everything, including individuals, machines, objects, and devices. 5G technology paand IoT. Industry trade organization 5G Americas reported a 76% increase in the number of worldwide 5G wireless connections from the end of 2021 to 2022, reaching 1.05 billion. This number is projected to reach 1.9 billion by the end of 2023 and to soar to 5.9 billion by the end of 2027. These statistics affirm the integral role of 5G in driving the growth of the public cloud market.
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Who Are the Key Players Driving Public Cloud Global Market Report 2025 Growth?
Several major companies are operating in the public cloud market, including:
• International Business Machines Corporation
• Amazon Web Services Inc.
• Salesforce Inc.
• Oracle Corporation
• Microsoft Corporation
• Google LLC
• Cisco Systems Inc.
• VMware Inc.
• Verizon Wireless Inc.
• SAP SE
• Rackspace Technology Inc.
• Fujitsu Limited
• CenturyLink Inc.
• Alibaba Group
• NTT Communications Corporation
• Workday Inc.
What Are The Key Trends In The Public Cloud Global Market Report 2025?
Key trends emerging in the market indicate a bright future. The major ones include:
• Explosion of Industry 4.0 and digital twins
• Rise in the adoption of cloud-based rendering services
• Emergence of cross-industry collaboration
• Integration of AI and machine learning
• Demand for realism and high-fidelity graphics
What Are The Segments Of The Global Public Cloud Global Market Report 2025?
The public cloud market is broadly segmented into:
1) By Component: Hardware, Software
2) By Service: Business Process Services (BPaaS), Application Infrastructure Services (PaaS), Application Services, Management And Security Services, Systems Infrastructure Services (IaaS), Advertising
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By End-User: Discrete Manufacturing, Professional Services, Banking, Process Manufacturing, Retail, Other End-Users
Which Region Leads The Public Cloud Global Market Report 2025?
In 2024, North America led the public cloud market and continues to be the fastest-growing region globally. The projected rapid growth of public cloud services in North America during the forecast period is noteworthy. The report covers detailed insights by region, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Public Cloud Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Public Cloud Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Public Cloud Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Public Cloud Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Public Cloud Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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