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
Public Cloud Market Research Report - Global Forecast to 2030
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