Public Cloud Market - Overview The Public Cloud Market is anticipated to earn revenues worth USD 1,132.88 billion while expanding at a CAGR of 22.78 percent in the duration of the forecast period from 2017 to 2023. The penetration of smartphones, smart devices, and other consumer electronic products has pushed the demand for public cloud services. Public cloud services enable enterprises and individuals for storing pertinent data in a safe and secure manner. The large array of encryption features integrated to the cloud account for securing the data can drive the public cloud market demand significantly. Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2291 The public cloud market is expected to gain momentum in the forthcoming years due to the integration of cloud platform with the Internet of Things (IoT). The integration of cloud with IoT technology will enable enterprises to enhance their operations by accelerating business agility along with strategic decision making. Thus, the combination of cloud platform with IoT technology will pave the way for the growth of the public cloud market in the forecast period. Segmental Analysis 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. Get Complete Report Details at: https://www.marketresearchfuture.com/reports/public-cloud-market-2291 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. Competitive Analysis Growing penetration of cloud services among small and medium enterprises is motivating the public cloud market and creating a highly competitive landscape. The market is focused on becoming the lowest cost customer-centric online marketplace. The competitors have also set a number of strategic priorities that would drive progress and improve revenue. Business planning, reinventing productivity & business processes while creating more personal computing application development processes, are expected to influence the development of the market significantly. Amazon.com, Inc., Microsoft Corporation, International Business Machines Corporation, Google Inc., Oracle Corporation, Hewlett-Packard Enterprise, Salesforce.com, VMware, Inc., Cisco Systems, Inc., and Fujitsu Limited. Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_userUSD&report_id=2291 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com