Application Infrastructure & Middleware Segment to cement its Dominance in the Global Public Cloud Application Infrastructure Services Market in the Coming Years
The global public cloud application infrastructure services market is growing at a rapid pace all over the globe. This growth can be attributed to the latest change in enterprise business models which have now shifted to cloud based solutions to rev up infrastructure flexibility.
An important driver for this public cloud application infrastructure services market is the rapidly increasing popularity of cloud computing and its adoption by the companies the world over. Some of the advantages of cloud computing are models can be easily deployed and simplified administration of IT infrastructure. Some other advantages of using cloud services include reliable delivery and support of all services using third party apps that are absent in the enterprise firewall.
A public cloud is based on the standard cloud computing model, in which a service provider makes available to the general public resources such as applications and storage facilities through the internet. Infrastructure as a Service (IaaS) is a type of cloud computing in which virtualized computing resources are provided through the internet. IaaS is one of the three main categories of cloud computing, along with Software as a Service (SaaS) and Platform as a Service (PaaS).
North America Market Set to Dominate the Global Public Cloud Application Infrastructure Services Market in Terms of Revenue
The market in North America is set to dominate the global public cloud application infrastructure services market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America public cloud application infrastructure services market is the most attractive market, growing at a robust CAGR over the assessment period.
Application Infrastructure & Middleware Segment Poised to Touch a Value of Nearly US$ 8,236 Mn in 2022
As per the assessment of Future Market Insights, the application infrastructure & middleware segment is expected to reach a value of nearly US$ 8,236 Mn in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022. Application infrastructure & middleware segment is expected to account for nearly one-third of the revenue share of the application type segment by the year 2017 and is expected to gain market share by the end of the year 2022.
Government Segment to exhibit a CAGR of 20.1% During the Assessment Period
As per the assessment of Future Market Insights, the government segment is slated to touch a figure of nearly US$ 2,977 Mn in the year 2022. This represents a CAGR of 20.1% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The government segment is expected to account for more than one-tenth of the revenue share of the vertical segment by the year 2017.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global public cloud application infrastructure services market through 2022, which include Amazon Web Services Inc., Alphabet, Inc., International Business Machines Corp., Microsoft Corporation, Oracle Corp., ServiceNow, Inc., Salesforce.com, Inc., VMware, Inc., NetSuite, Inc. and Red Hat, Inc.
FREQUENTLY ASKED QUESTIONS ABOUT PUBLIC CLOUD APPLICATION INFRASTRUCTURE SERVICES MARKET
What are the future prospects of public cloud application infrastructure services market?
The public cloud application infrastructure services provider are continually focusing on providing robust cloud networking, storage, and computing services by improving services offerings to meet customer demands and increase the company’s growth.
What are the major challenges for Public Cloud Application Infrastructure Services Market?
Lack of resources, security issues and data privacy which is a major challenge for the public cloud application infrastructure services Market.
Which application will have significant revenue growth in the next five years?
The application infrastructure & middleware segment has been considered as largest revenue growth in the next five years due to the introducing advanced technology trend such as migration to cloud platforms and services, higher demand for real-time data and analytics.
What are the major opportunities for Public Cloud Application Infrastructure Services Market?
A rapid increase of Internet of Things (IoT) endpoints, and the deployment of artificial intelligence (AI), which is a major opportunities for the public cloud application infrastructure services market.
Which region is expected to be at forefront in the public cloud application infrastructure services market?
The growing need for speedy and low-cost service delivery processes, and complete security while operating in cloud environments, which is, in turn, boosting the growth of the public cloud application infrastructure services market in East Asia region.
Who are the major companies leading Public Cloud Application Infrastructure Services Market?
Prominent companies in the public cloud application infrastructure services market includes Amazon Web Services Inc., Alphabet, Inc., International Business Machines Corp., Microsoft Corporation, Oracle Corp., ServiceNow, Inc., Salesforce.com, Inc., VMware, Inc., NetSuite, Inc. and Red Hat, Inc., and among others.
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Public Cloud Application Infrastructure Services Market: Segmentation
The global public cloud application infrastructure services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Application Type
- Application Development
- Application Infrastructure & Middleware
- Business Intelligence Platform
- Database Management Systems
- Others
By Services
- Data Services
- Application Platforms
- Integration services
- Development & Lifecycle Services
- Other Platform Services
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise
By Verticals
- Government
- BFSI
- Healthcare
- Telecommunication
- Media & Entertainment
- Energy & Utilities
- Retail/ Wholesale
- Manufacturing
- Transportation
- Others
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- MEA
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by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights
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