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The Public Cloud Market size was USD 607.55 Billion in 2023 and is expected to Reach USD 1800 Billion by 2032 and grow at a CAGR of 12.83% over the forecast period of 2024-2032.
The public cloud market is a rapidly growing industry, with significant projected growth in the coming years. The public cloud market refers to the sector of the cloud computing industry where cloud services are provided by third-party vendors and made available to the general public over the internet. These vendors own and operate the infrastructure required to deliver cloud services, such as computing resources, storage, and networking capabilities. The growing adoption of cloud computing solutions in developing countries is slated to have a positive impact on the industry outlook. Rapid uptake in emerging countries such as India and Singapore due to thriving digitalization and the development of advanced network grid infrastructure is playing a key role in establishing cloud-operated businesses. In September 2022, the Government of India announced an investment of USD 30 billion for digital transformation in rural areas that will ensure good quality, high-speed data connectivity across the nation.
AWS is the largest provider of public cloud services and offers a wide range of cloud computing products and services, including computing power, storage, databases, machine learning, and artificial intelligence capabilities. GCP offers a variety of cloud services, including computing power, data storage, data analytics, and machine learning tools. Google has been investing heavily in its cloud infrastructure to compete with AWS and Azure. Whereas private clouds are provided, the vendor often owns and maintains the physical infrastructure. In addition to the advantages of accountability, they may offer a dedicated or shared operating environment that can scale effortlessly as needed. Up-front server purchases are becoming redundant thanks to advantages offered by these services, such as infinite capacity, potentially appealing costs resulting from massive infrastructures and associated operational techniques, and a pay-as-you-go pricing model.
The public cloud market is growing actively, with greater adoption of cloud computing solutions in various industries being one of the factors promoting the development. The U.S. Government Accountability Office informs that spending on public cloud solutions is projected to increase to $148 billion by 2024, which will be 25% greater than the expected spending in 2023. The Government Accountability Office (GAO) also emphasizes that public service providers are currently focused on the improvement of operational efficiency and service quality by utilizing cloud solutions. Meanwhile, many digitalization-oriented strategies, such as the Federal Cloud Computing Strategy, are aimed at the promotion of cloud services use in the framework of federal operations.
Driver
The main driver of growth in the public cloud market is the development of artificial intelligence and machine learning technologies. More and more companies are using the public cloud to build and test AI applications. Public clouds are necessary for implementing AI technologies as they leverage big data analytics to make better decisions and optimize workflows. According to recent studies, spending on AI platforms is expected to grow at a significant compound annual growth rate through 2032, illustrating the robust demand for cloud-based AI solutions. Companies in the public and banking sectors use public cloud services to create AI applications that improve customer service and efficiency. Google Cloud and AWS are the two leaders in providing cloud-based AI and ML services that leverage the company’s vast computing infrastructure to make available their algorithms. Information technology companies are actively working on the implementation of AI functions in the cloud to enable automation and more intelligent data management. As the players in the business environment research the accumulated data, they are beginning to better understand the technology’s capabilities and benefits, without using the public cloud for the company’s digitalization, and this transformation is impossible.
Restrain
Organizations often hesitate to migrate sensitive data to the cloud due to fears regarding data breaches, compliance with regulations, and the overall security of cloud services.
The public cloud model heavily relies on stable internet connections; any disruption in connectivity can hinder access to essential applications and data.
Many businesses face challenges in migrating legacy systems to the cloud, which can be time-consuming and complex, often leading to hesitation in adopting public cloud solutions.
The major restraints affecting the public cloud market are data security and compliance concerns. Organizations are increasingly wary of migrating sensitive data to cloud environments due to fears of data breaches and the challenges of meeting regulatory requirements. A recent survey indicated that 83% of IT decision-makers cite security concerns as the primary reason for hesitancy in adopting cloud solutions.
For instance, the 2020 Capital One breach, where the personal data of over 100 million customers was exposed, underscored the vulnerabilities associated with cloud services and heightened awareness about the need for robust security measures. Additionally, industries such as healthcare and finance face stringent compliance regulations, which further complicates cloud adoption. Organizations often find themselves in a dilemma, needing to balance the benefits of cloud computing with the potential risks to their data integrity and privacy.
By Services
In the public cloud market, the SaaS segment led in 2023 with a revenue proportion of 53% showing an increase in the dominance of cloud-based software solutions. SaaS platforms not only offer flexibility, ease of use, and reduced IT costs among businesses but also provide organizations with an opportunity to streamline their operations. According to the U.S. Census Bureau, by the end of 2023, approximately 71% of small and medium enterprises use at least one SaaS application.
Conversely, the IaaS segment is projected to have the fastest CAGR during the forecast period. The rapid growth of the IaaS segment can be attributed to the increasing need for virtualized computing solutions and scalable storage services. The U.S. Department of Commerce notes that spending on IaaS will rise at 20% annually since companies want to upgrade their IT infrastructure without heavy capital spending. This growth is indicative of a broader trend where organizations are prioritizing cloud solutions to remain competitive and responsive to changing market dynamics.
By End-Use
The Banking, Financial Services, and Insurance segment dominated the end use of the global public cloud industry in 2023. The BFSI segment accounted for around 30% of the market share as the need to improve data security, compliance, and enhanced customer engagement drives adoption rates. Government statistics offered by the Federal Reserve indicate that 80% of financial institutions have adopted cloud solutions as a way of enhancing operational efficiency and improving customer service delivery.
On the other hand, the manufacturing segment is expected to register the fastest CAGR from 2024 to 2032. The growth will be driven by a rising need for real-time data analytics in conjunction with automation of production processes. According to the U.S. Bureau of Economic Analysis, in the previous year, cloud adoption in manufacturing has risen by 35% as players focus on leveraging cloud technologies to optimize supply chain management and boost productivity.
Regional Analysis
North America dominated the market in 2023 with 49% of the total. In 2023, North America captured the largest share of the public cloud market, driven by the rapid adoption of cloud computing in the US and Canada. The region is home to top vendors such as Adobe, Salesforce, Oracle, AWS, Google, and IBM. North America is experiencing significant technological innovations in cloud computing Due to the early adoption of the technology. It is anticipated that the presence of multiple vendors in the region, including IBM Corporation, Amazon.com Inc., Oracle Corporation, Microsoft Corporation, and others, as well as a stronger inclination to adopt new technologies, will aid these areas in maintaining their market positions. Additionally, it is predicted that more than 50% of American government entities have implemented the services. Additionally, the European nations have developed into a center for cloud technology development, especially in the banking industry, which draws billions of dollars in investment from all over the world.
The Asia Pacific is probably going to become the market's fastest-growing region in the public cloud market from 2024 to 2032. Recent years have had a significant impact on the expansion of the regional market due to the rapid rise of China and India as well as the emergence of local firms like the Alibaba Group. Additionally, hyper-scale cloud providers like Azure, Amazon Web Services, and Google LLP are developing their data centers in countries like Indonesia and Thailand to accommodate the governments' needs for data sovereignty. The region is characterized by a high adoption rate among small and medium-sized enterprises and increased attention from cloud service providers. Countries like China, Japan, India, and Australia are driving the growth in the Asia Pacific region. There is a strong shift towards cloud technologies in the Asia Pacific, with overall cloud spending expected to reach USD 200 billion in the region. This trend is driven by the need for digital transformation and the adoption of cloud-native applications by several business sectors, such as banking and supply chain automation.
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Key Players
Amazon Web Services (AWS) (Amazon EC2, Amazon S3)
Microsoft Azure (Azure Virtual Machines, Azure SQL Database)
Google Cloud Platform (GCP) (Google Kubernetes Engine, BigQuery)
IBM Cloud (IBM Cloud Kubernetes Service, IBM Watson)
Oracle Cloud (Oracle Cloud Infrastructure, Oracle Autonomous Database)
Alibaba Cloud (Elastic Compute Service, Alibaba Cloud Storage)
Salesforce (Salesforce Customer 360, Salesforce Einstein)
VMware (VMware Cloud on AWS, VMware vCloud Director)
DigitalOcean (Droplets, App Platform)
SAP Cloud (SAP Business Technology Platform, SAP Analytics Cloud)
Cisco (Cisco Webex, Cisco AppDynamics)
Huawei Cloud (Cloud Container Engine, Huawei Cloud Database)
Red Hat (Red Hat OpenShift, Red Hat Ansible Automation)
Rackspace Technology (Rackspace Managed Cloud, Rackspace Cloud Backup)
Zendesk (Zendesk Support Suite, Zendesk Sunshine)
Mendix (Mendix Low-Code Platform, Mendix Cloud)
ServiceNow (ServiceNow IT Service Management, ServiceNow Cloud Management)
Atlassian (Jira Cloud, Confluence Cloud)
Dropbox (Dropbox Business, Dropbox Paper)
Box (Box Platform, Box Governance) and others.
Recent News
In August 2024, Microsoft announced its partnership with several American federal agencies, such as defence, to support their transition into cloud computing. This collaboration will be supported by Microsoft’s Azure cloud to facilitate data management and provide operational support.
Amazon Web Services has announced that the company is increasing its cloud services with new data centers in the U.S. The new resources will accommodate for the expanding demand for cloud solutions and improve service delivery.
In May 2024, Huawei Cloud Computing Technologies Co., Ltd., along with Telecom Egypt, became the presenter of the first Huawei public cloud disk launched in the country and Northern Africa. This platform establishes the services at the local company’s data centers and uses its 14 submarine cable systems to cover up to 60 countries.
In July 2024, Google Cloud unveiled new security features aimed at strengthening data protection for its public cloud customers, responding to increasing cybersecurity concerns highlighted by government reports.
In April 2023, VMware Cross-Cloud expands with the launch of VMware Cross-Cloud Managed Services. This initiative brings new benefits to partners and customers and simplifies obtaining access to managed services. The move will ensure greater profitability for VMware’s 4,000-plus cloud service providers supporting thousands of clients globally.
Report Attributes | Details |
Market Size in 2023 | US$ 607.55 Bn |
Market Size by 2032 | US$ 1800 Bn |
CAGR | CAGR of 12.83% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Service(Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)) • By Enterprise Size(SMEs, Large Enterprises) • By End Use(BFSI, IT & Telecom, Retail & Consumer Goods, Manufacturing, Energy & Utilities, Healthcare, Media & Entertainment, Government & Public Sector, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles |
Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), IBM Cloud, Oracle Cloud, Alibaba Cloud, Salesforce, VMware, SAP Cloud, Cisco, Huawei Cloud, Red Hat, Rackspace Technology, Zendesk |
Key Drivers | •Organizations are increasingly adopting public cloud services as a budget-friendly alternative to traditional IT infrastructures, allowing them to allocate resources more effectively while reducing capital expenditure •The rise of AI and machine learning technologies is driving significant cloud spending as businesses seek to leverage cloud platforms for the development and deployment of AI applications •The shift towards remote work has accelerated the adoption of cloud-based collaboration and productivity tools, with organizations relying on public cloud services to facilitate seamless communication and workflow |
Market Restraints | •Organizations often hesitate to migrate sensitive data to the cloud due to fears regarding data breaches, compliance with regulations, and the overall security of cloud services •The public cloud model heavily relies on stable internet connections; any disruption in connectivity can hinder access to essential applications and data •Many businesses face challenges in migrating legacy systems to the cloud, which can be time-consuming and complex, often leading to hesitation in adopting public cloud solutions. |
Ans: Yes, you can customize the report as per your requirements.
Ans: The North American region dominated the Public Cloud Market in 2023.
Ans. The Public Cloud Market is to grow at a CAGR of 12.83% From 2024 to 2032.
Ans. The Public Cloud Market size is estimated to reach USD 1800 Billion by 2032.
Ans. Businesses in developing regions limit the level of adoption of public cloud services.
Ans. Amazon Web Services is the biggest cloud provider in the world. After AWS, Microsoft Azure and Google Cloud Platform are the biggest cloud companies by revenue and market share. Collectively, these three companies capture more than 65% of the total spending on cloud services.
Ans. Software as a Service accounted for the largest market share of 54.8% in 2023 owing to its flexible costs, easy maintenance, and enterprise size. Moreover, user spending on business intelligence SaaS applications, growth of technologies such as machine learning, and IoT will also propel the growth of the market
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates of Emerging Technologies
5.2 Network Infrastructure Expansion, by Region
5.3 Cybersecurity Incidents, by Region (2020-2023)
5.4 Cloud Services Usage, by Region
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Public Cloud Market Segmentation, By Service
7.1 Chapter Overview
7.2 Infrastructure as a Service (IaaS)
7.2.1 Infrastructure as a Service (IaaS) Market Trends Analysis (2020-2032)
7.2.2 Infrastructure as a Service (IaaS) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Platform as a Service (PaaS)
7.3.1 Platform as a Service (PaaS) Market Trends Analysis (2020-2032)
7.3.2 Platform as a Service (PaaS) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Software as a Service (SaaS)
7.4.1 Software as a Service (SaaS) Market Trends Analysis (2020-2032)
7.4.2 Software as a Service (SaaS) Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Public Cloud Market Segmentation, By Enterprise Size
8.1 Chapter Overview
8.2 SMEs
8.2.1 SMEs Market Trends Analysis (2020-2032)
8.2.2 SMEs Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Large Enterprises
8.3.1 Large Enterprises Market Trends Analysis (2020-2032)
8.3.2 Large Enterprises Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Public Cloud Market Segmentation, By End-use
9.1 Chapter Overview
9.2 BFSI
9.2.1 BFSI Market Trends Analysis (2020-2032)
9.2.2 BFSI Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 IT & Telecom
9.3.1 IT & Telecom Market Trends Analysis (2020-2032)
9.3.2 IT & Telecom Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Retail & Consumer Goods
9.4.1 Retail & Consumer Goods Market Trends Analysis (2020-2032)
9.4.2 Retail & Consumer Goods Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Manufacturing
9.5.1 Manufacturing Market Trends Analysis (2020-2032)
9.5.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Energy & Utilities
9.6.1 Energy & Utilities Market Trends Analysis (2020-2032)
9.6.2 Energy & Utilities Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Healthcare
9.7.1 Healthcare Market Trends Analysis (2020-2032)
9.7.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.8 Government & Public Sector
9.8.1 Government & Public Sector Market Trends Analysis (2020-2032)
9.8.2 Government & Public Sector Market Size Estimates and Forecasts to 2032 (USD Billion)
9.10 Media & Entertainment
9.10.1 Media & Entertainment Market Trends Analysis (2020-2032)
9.10.2 Media & Entertainment Market Size Estimates and Forecasts to 2032 (USD Billion)
9.11 Others
9.11.1 Others Market Trends Analysis (2020-2032)
9.11.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.2.4 North America Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.2.5 North America Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.2.6.2 USA Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.2.6.3 USA Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.2.7.2 Canada Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.2.7.3 Canada Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.2.8.2 Mexico Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.2.8.3 Mexico Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.1.6.2 Poland Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.1.6.3 Poland Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.1.7.2 Romania Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.1.7.3 Romania Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.4 Western Europe Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.5 Western Europe Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.6.2 Germany Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.6.3 Germany Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.7.2 France Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.7.3 France Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.8.2 UK Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.8.3 UK Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.9.2 Italy Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.9.3 Italy Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.10.2 Spain Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.10.3 Spain Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.13.2 Austria Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.13.3 Austria Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.4 Asia Pacific Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.5 Asia Pacific Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.6.2 China Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.6.3 China Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.7.2 India Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.7.3 India Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.8.2 Japan Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.8.3 Japan Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.9.2 South Korea Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.9.3 South Korea Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.10.2 Vietnam Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.10.3 Vietnam Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.11.2 Singapore Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.11.3 Singapore Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.12.2 Australia Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.12.3 Australia Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.1.4 Middle East Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.1.5 Middle East Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.1.6.2 UAE Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.1.6.3 UAE Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.2.4 Africa Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.2.5 Africa Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Public Cloud Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.6.4 Latin America Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.6.5 Latin America Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.6.6.2 Brazil Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.6.6.3 Brazil Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.6.7.2 Argentina Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.6.7.3 Argentina Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.6.8.2 Colombia Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.6.8.3 Colombia Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Public Cloud Market Estimates and Forecasts, By Service (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Public Cloud Market Estimates and Forecasts, By Enterprise Size (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Public Cloud Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
11. Company Profiles
11.1 Amazon Web Services (AWS)
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Microsoft Azure
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Google Cloud Platform (GCP)
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 IBM Cloud
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Oracle Cloud
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Alibaba Cloud
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Salesforce
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 VMware
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 SAP Cloud
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Cisco
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Service
Infrastructure as a Service (IaaS)
Platform as a Service (PaaS)
Software as a Service (SaaS)
By Enterprise Size
SMEs
Large Enterprises
By End Use
BFSI
IT & Telecom
Retail & Consumer Goods
Manufacturing
Energy & Utilities
Healthcare
Media & Entertainment
Government & Public Sector
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Virtual Classroom Market size was USD 16.09 billion in 2023 and is expected to grow to USD 63.35 Bn by 2032 and grow at a CAGR of 16.45% by 2024-2032.
The Lighting as a Service Market size was valued at USD 1.23 Billion in 2023 and is expected to reach USD 16.34 Billion by 2032 and grow at a CAGR of 33.3% over the forecast period 2024-2032.
The Endpoint Security Market size was valued at USD 17.73 billion in 2023 and is expected to grow to USD 30.76 billion by 2031 and grow at a CAGR of 7.13% over the forecast period of 2024-2031.
The Enterprise A2P SMS Market size was valued at USD 49.53 Billion in 2023 and will reach to $76.83 Billion by 2032 and grow at a CAGR of 5% by 2024-2032.
The Time and Attendance Software Market size was valued at USD 3.03 billion in 2023 and is expected to grow to USD 8.60 billion by 2032 and grow at a CAGR of 12.3% over the forecast period of 2024-2032.
The 5G base station Market Size was valued at USD 31.7 Billion in 2023 & is expected to reach USD 340.3 Billion by 2032, growing at a CAGR of 30.2% by 2032.
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