Public Cloud Market Statistics, Global Analysis, Demand, Revenue and Trend Analysis Research Report by 2018-2026

                                                                               
A public cloud is a platform that makes resources such as virtual computers, applications, and storage available to users remotely using the conventional cloud computing concept.

               Public Cloud Market


                                      
A public cloud is a platform that makes resources such as virtual computers, applications, and storage available to users remotely using the conventional cloud computing concept. Free public cloud services are available, as well as a range of subscription or on-demand payment models, including a pay-per-use approach.


A growing number of startups are focusing on improving and expanding their businesses, which necessitates a large amount of initial cash to build these resources. Because public cloud services are typically provided for free or at a low cost, demand for these services is rapidly growing. Furthermore, as a result of the emergence of enterprise trends such as Bring Your Own Device (BYOD), Choose Your Own Device (CYOD), Internet of Things (IoT), and Artificial Intelligence (AI), the volume of data and computing of intensive workloads is expected to grow, creating a favourable environment for the Public Cloud Market to grow. Due to the pay-as-you-go nature of this service, it is not associated with any maintenance expenditures, infrastructure initiatives, or long-term contracts. As a result of these advantages, growth is likely to accelerate.


Market Segmentation:

By component
  • Hardware
  • Software
  • Services

By services
  • Business Process Services (BPaaS)
  • Application Infrastructure Services (PaaS)
  • Application Services
  • Management & Security Services
  • Systems Infrastructure Services (IaaS)
  • Advertising

By organization
  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Industry business models and operational procedures are changing as a result of digital transformation. Communication with external partners, other industries, and customers is becoming more important, and the public cloud is the ideal platform for developing an open inter-company network. The basics of storage, processing, and networking power, as well as artificial intelligence and natural language processing (NLP) and common office programmes, are all covered by public cloud services.


The major players operating in the global public cloud market include Amazon Web Services (AWS), Salesforce, Microsoft, IBM, Google, CenturyLink, and Verizon Wireless.

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