Cloud Hosting

Growing trend has been observed in adoption of cloud computing technologies from 2023 to 2029 and is expected to accelerate its growth in the forecast period.

Embark on a journey into the future of technology with the Public Cloud Service Market, a burgeoning realm set to touch the skies. The market, poised to reach a staggering US$ 1267.45 billion by 2029, showcases a remarkable CAGR of 14.23% during the forecast period.

Let's dive into the dynamics, trends, and disruptive technologies shaping this landscape.

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Market Dynamics:The market dynamics of the Public Cloud Service Market are in constant flux, fueled by the adoption of cloud computing technologies. The report sheds light on the drivers and restraints influencing this vibrant market, providing insights into the transformative power of public cloud services.

Disruptive Technologies:Witness the rise of containerization, database platform-as-a-service (dbPaaS), and artificial intelligence/machine learning as they outshine traditional computing models. Software as a Service (SaaS) takes center stage, with a projected expenditure of $176 billion by 2022, offering a glimpse into the future where modular applications redefine the landscape.

Market Segmentation:

Delivery Models:SaaS emerges as the dominant force, driven by its web-based software licensing and subscription-based model. The SaaS market is characterized by tools like Grammarly, Slack, Dropbox, Netflix, Spotify, and Amazon Prime.

by Delivery Model

Software as a Service (SaaS)Access Control as a Service (ACaaS)Platform as a Service (PaaS)Infrastructure as a Service (IaaS)

Industries:The telecom and IT sector takes the lead, leveraging public cloud solutions to scale at an unprecedented rate.

by Industry

Telecommunications and ITRetailGovernment and EducationManufacturingHealthcareOthers

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Table of content for thePublic Cloud ServiceMarket includes:

Part 01: Executive Summary

Part 02: Scope of the Public Cloud Service Market Report

Part 03: Public Cloud Service Market Landscape

Part 04: Public Cloud Service Market Sizing

Part 05: Public Cloud Service Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Dominance:

North America, with its technological prowess, claims the largest market share, spearheaded by the US and Canada. The presence of major public cloud providers, including Google, Microsoft, and Cisco, contributes to the region's supremacy.

Advanced developments in cloud computing technologies further solidify North America's leadership.

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Public Cloud Service Market digital transformation 2024-2030 - WhaTech Technology and Markets News