An Incisive, In-depth Analysis on the Public Cloud Application Services Market
This study offers a comprehensive, 360 degree analysis on the Public Cloud Application Services market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Public Cloud Application Services market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Public cloud application services market is experiencing a robust growth all over the world. The chief reason regarding this are the facilities and ease of operations that are facilitated by the adoption of cloud computing. Public cloud computing utilizes cloud computing technologies to give services and support customers that are external to the service provider’s organization. Such services are gained via the World Wide Web and are different from a private cloud where services are set up for only the internal use of any organization. There are many reasons why companies are now opting for public cloud. Fastest access to novel resources related to computing is one of the main advantages of using a public cloud. Public cloud services are also scalable, and it allows the companies to scale up their usage as the demand for services surges. Public cloud services are generally more dependable than in-house data centres. Public cloud also offers the advantage of cost savings, as companies only have to get those type of resources which they need at that particular point of time and don’t have to opt for excess capacity. Accessing public cloud services allows companies to opt for a workforce that is mobile in the true sense and to connect branches that are situated in diverse geographical regions, since the public cloud services can be accessed through the internet. Due to such benefits of public cloud computing, the market for the same is growing leap and bounds.
A public cloud is a type of cloud computing service that provides resources such as virtual machines (VMs), applications or storage services available to general public through the internet. Public cloud application services may be offered for free or on a pay-per-usage model.
As per the assessment of Future Market Insights, the global public cloud application services market is forecasted to reach a figure of about US$ 130,550 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
North America Market Set to Dominate the Global Public Cloud Application Services Market in Terms of Revenue
The market in North America is set to dominate the global public cloud application services market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America public cloud application services market is the most attractive market, growing at a robust CAGR over the forecast period.
Business Intelligence Application Segment Poised to Touch a Value of Nearly US$ 6,730 Mn in 2022
As per the assessment of Future Market Insights, the business intelligence application segment is expected to reach a value of nearly US$ 6,730 Mn in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022.The business intelligence application segment is expected to have a reduced market share by the end of the year 2022.
Government Segment to exhibit a CAGR of 19.4% During the Assessment Period
As per the assessment of Future Market Insights, the government segment is slated to touch a figure of about US$ 15,500 Mn in the year 2022. This represents a CAGR of 19.4% 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 report also profiles companies that are expected to remain active in the expansion of global public cloud application services market through 2022, which include Amazon Web Services Inc., Alphabet, Inc., International Business Machines Corp., Microsoft Corporation, Oracle Corp., NetSuite, Inc., Salesforce.com, Inc., Adobe Systems, Inc., SAP SE and Cisco Systems, Inc.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Future Market Insights
Future Market Insights delivers yet another unbiased, comprehensive and insightful report titled ‘Public Cloud Application Services Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)’. In this report, the global public cloud application services market is explored in great detail, and the market dynamics of the global public cloud application services market has been covered comprehensively, explaining to the report readers the drivers, restraints and trends operating in this highly competitive market. Also, analysis of the data over different parameters has been done in order to arrive at market numbers concerning the global public cloud application services market. Besides, competition landscape of the global public cloud application services market is also covered in this report, giving information about the key companies operating in the global public cloud application services market.
In the first part of the report, the executive summary and the introduction are given. The executive summary gives a summary of the global public cloud application services market and gives the pertinent market numbers that are most significant, which include the historical CAGR growth from 2012 till 2016 and the forecasted CAGR from the year 2017 till the end of the forecast period in the year 2022. Information about lucrative markets from the point of view of leading revenue share and highest CAGR are also given in the executive summary.
In the introduction section, the public cloud application services market is defined in detail so that the report readers are clear about the scope of this market.
The next section of the report gives information on the key dynamics of the public cloud application services market. Key points covered in this section include the global economy, fiscal stimulus and bottom line of enterprises.
In the subsequent section of the report, information is given on the cost structure analysis and pricing analysis of the global public cloud application services market. An analysis on the market presence of key participants (intensity map) is also offered in this section.
The next part of the report consists of the global public cloud application services market analysis and forecast by application, vertical, enterprise and region. This section of the report contains important market numbers in the form of year-on-year growth comparison, market share comparison and revenue comparison. The global public cloud application services market is also analysed across key regions- North America, Latin America, Europe, Japan, APEJ and MEA.
The last section of the report contains the competition landscape, where leading market players operating in the global public cloud application services market are profiled in detail. This information is in the form of company overview, product overview, key financials and key developments pertaining to that particular company. The competition landscape also features the SWOT analysis of the selected companies, which gives the report readers information about the strengths, weaknesses, opportunities and the threats that such companies operating in the global public cloud application services market are facing. The competition landscape is an invaluable part of the report as it contains all the necessary information to study the leading companies operating in the global public cloud application services market and how they implement their strategies and vision to stay in the pole position in this highly competitive market.
The report on the global public cloud application services market is backed by an exhaustive research methodology that relies on both primary and secondary research to gain all the necessary insights into the global public cloud application services market. This report is validated several times by the team of diverse, expert analysts of Future Market Insights using proprietary tools so that it can be used as an authoritative source by the esteemed clients of Future Market Insights.