Public Cloud Market 2023 by Key Trends, Application, Region, Segmentation and Revenue Analysis

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Market Research Future
Public Cloud Market Research Report Global
Forecast to 2023
Public cloud is the most recognizable model of
cloud computing that is created by using pooled
shared physical resources and is accessible over
a public network such as the internet. As public
clouds are capable of providing services to
several clients using the same shared
infrastructure, their use is being favored
increasingly. Benefits such as the accessibility
to cloud resources easily on demand from the
public clouds vast pools of resource enables
speedy and seamless response to fluctuations in
activity. The employment of a pay-as-you-go
charging model has further made the public
computing market more lucrative. https//www.ma
rketresearchfuture.com/reports/public-cloud-market
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Market Research Future
Regional Analysis The regional market for public
cloud market consists of regions such as Europe,
North America, Asia Pacific, and Rest of the
World. The North American region is the principal
market for the public cloud market. In the North
America region, the growing adoption of smart
devices and bring your own device (BYOD) has had
an enormous effect on the public cloud services
as they come with reduced implementation costs.
U.S. had generated revenue worth USD 148.71
Billion in 2017 and is anticipated to develop
with rising 22.01 percent CAGR during the
forecast period. The factors that are impeding
the demand for public cloud are data compliance
issues, complexities and data security related to
data residency. The region is also witnessing a
higher demand owing to greater scalability,
availability, and manageability of cloud based
services. The European region is the next major
market for public cloud. U.K. has generated a
high revenue valued at USD 27.14 Billion in 2017
and is projected to grow with fastest growing
25.07 CAGR during the forecast
period. Access Full Report _at_
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Market Research Future
Market Segments The public cloud market is
segmented on the basis of service, cloud
computing, industry, organization size, and
region. The cloud computing segment of the market
consists of cloud communication platform, cloud
billing, cloud high-performance computing, cloud
access security, and cloud infrastructure. The
leading segment in cloud computing is Cloud
Infrastructure which is expanding at a CAGR of
23.98 percent in the forecast period. By service,
the market segment consists of SaaS, IaaS, and
PaaS. Software as a service (SaaS) is dominating
the market in the service segment in 2017 and is
likely to grow with the fastest CAGR of 22.53
percent during the forecast period. The
segmentation on the basis of organization size
comprises of small, medium enterprises and large
enterprises. Large enterprises were leading the
market in 2017 and is projected to develop at a
robust CAGR of 21.22 percent during the forecast
period. The industry based segmentation of the
market comprises of manufacturing, BFSI,
healthcare, retail, government, aerospace and
defense, IT telecommunication, and others. The
BFSI is leading the market in 2017 and is
projected to expand with a rapidly increasing
CAGR of 23.44 percent through the forecast
period. Request a Sample Report _at_
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Market Research Future
Major Players in this Research International
Business Machines Corporation, Amazon.com, Inc.,
Microsoft Corporation, Google Inc.,
Hewlett-Packard Enterprise, Oracle Corporation,
VMware, Inc., Cisco Systems, Inc.,
Salesforce.com, and Fujitsu Limited. Get More
Information _at_ https//www.marketresearchfuture.com
/press-release/global-public-cloud-market
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Market Research Future
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