Global Public Cloud
Market Report
2024
The global Public Cloud market size will be USD 685.3823 billion in 2024. The Public Cloud market will show the strongest growth with a compound annual growth rate (CAGR) of 12.80% from 2024 to 2031. This growth can be attributed to increased digital transformation initiatives.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Public Cloud market size will be USD 685.3823 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 12.80% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Public Cloud Market Sales Revenue 2024 | $ 685.382 Billion |
Global Public Cloud Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.8% |
Market Drivers: The cost efficiency and scalability are anticipated to drive the Public Cloud market's expansion in the years ahead | |
Market Restrains:
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Market Split by Service Model |
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Market Split by Organization Size |
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Market Split by Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Public Cloud industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Public Cloud Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Public Cloud, also referred to as cost-efficiency, plays a crucial role as organizations seek to optimize their IT expenditures by shifting from capital-intensive infrastructure to scalable, pay-as-you-go models offered by public cloud providers. Secondly, scalability and flexibility are significant drivers, enabling companies to scale operations and adjust to shifting demands seamlessly and quickly. Thirdly, advancements in technology, such as AI and machine learning, integrated within cloud services enhance productivity and innovation capabilities. Additionally, the global shift towards remote work and digital transformation initiatives further accelerates cloud adoption, ensuring anytime, anywhere access to data and applications securely. Lastly, regulatory requirements and data sovereignty issues push organizations towards cloud solutions that offer compliance and robust security measures, reinforcing trust and reliability in public cloud platforms.
We have various report editions of Public Cloud Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In March 2023, the backbone of Alibaba Group's digital technology and intelligence, Alibaba Cloud, announced that it has partnered with Dubai Holding, a longstanding partner, to modernize the space with cutting-edge cloud computing infrastructure and an expanded selection of industry solutions, databases, analytics, and artificial intelligence (AI) to offer customers the best digital solutions on their journey towards digitalization. (Source: https://www.alibabacloud.com/en/press-room/alibaba-cloud-collaborates-with-dubai-holding-to?_p_lc=1 )
Top Companies Market Share in Public Cloud Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to robust infrastructure, advanced technological innovation, and strong demand from enterprises for scalable and cost-effective solutions. Key players like AWS, Microsoft Azure, and Google Cloud drive expansion with diverse services, enhancing business agility and digital transformation across industries.
Asia-Pacific stands out as the fastest-growing region in the Public Cloud market due to the increasing internet penetration and rapid adoption of cloud services by enterprises seeking scalability and cost efficiency. Countries like China, India, and Singapore are key drivers, leveraging cloud technology to drive innovation and business agility across various sectors.
The current report Scope analyzes Public Cloud Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Public Cloud Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Public Cloud Industry growth. Public Cloud market has been segmented with the help of its Service Model, Organization Size Industry, and others. Public Cloud market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Public Cloud market.
Service Model of Public Cloud analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Public Cloud Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Public Cloud from 2019 to 2031. This will also help to analyze the demand for Public Cloud across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Organization Size of Public Cloud are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Public Cloud market report 2024 Edition by contacting our team.
According to cognitive market research, IT & Telecommunication is the dominant category that enhances operational efficiency, innovation, and customer engagement. Public Cloud providers cater to diverse IT needs, from telecommunications infrastructure to software development platforms, enabling rapid deployment and scalability. This synergy fuels market expansion, supported by continuous advancements in cloud computing, data security, and network reliability, shaping the future of digital transformation globally.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Public Cloud Market is witnessing significant growth in the near future.
In 2023, the IAAS segment accounted for noticeable share of global Public Cloud Market and is projected to experience significant growth in the near future.
The Small & Medium Enterprises segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Google LLC , IBM Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Service Model | IAAS, SAAS, PAAS |
Organization Size | Small & Medium Enterprises, Large Enterprises |
Industry | IT & Telecommunication, Manufacturing, BFSI, Retail, Healthcare, Government, Aerospace & Defense, Others |
List of Competitors | Google LLC, Sap Se, IBM Corporation, CISCO System Inc, Adobe Inc, Com Inc, Microsoft Corporation |
This chapter will help you gain GLOBAL Market Analysis of Public Cloud. Further deep in this chapter, you will be able to review Global Public Cloud Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Public Cloud Market Trends North America Public Cloud Technological Road Map North America Public Cloud Market Drivers North America Public Cloud Market Restraints North America Public Cloud Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Service Model Analysis 2019 -2031, will provide market size split by Service Model. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Service Model Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Organization Size Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Industry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Public Cloud market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why IAAS have a significant impact on Public Cloud market? |
What are the key factors affecting the IAAS and SAAS of Public Cloud Market? |
What is the CAGR/Growth Rate of Small & Medium Enterprises during the forecast period? |
By type, which segment accounted for largest share of the global Public Cloud Market? |
Which region is expected to dominate the global Public Cloud Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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