May 31, 2020 (AmericaNewsHour) -- Kenneth Research has published a detailed report on Public Cloud Market which has been categorized by market size, growth indicators and encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2019-2026.
The report covers the forecast and analysis of the Public Cloud Market on a global and regional level. The study provides historical data from 2015 to 2019 along with a forecast from 2019-2026 based on revenue (USD Million). In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Public Cloud Market over the period 2019-2026.
"The Final Report will cover the impact analysis of COVID-19 on this industry."
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Cloud computing facilitates a range of services that involve robust server efficiency, networking, analytics etc. The number of cloud service providers is growing at a rapid pace owing to the element of lucrativeness that the technology currently holds. As more and more enterprises and micro business entities shift towards digitization, cloud services find new opportunities.
Reduction in IT infrastructure investments predominantly drive the market growth. In addition, rise in investments in local data centers also fuel the market growth. However, latency in data retrieval and interruptions in data transmissions restrain the growth of the market. Ability of cloud technology to provide flexibility in deployment models, which in turn enhance the BFSI sector to be more agile makes way for market growth opportunities.
Cloud services are gaining immense popularity across many industry verticals. This offers an exclusive opportunity to small & medium size organizations (SMEs), which make extensive use of a variety of cloud services. Moreover, cloud services enjoy more demand than hardware installation, since these services help attain a high level of data protection and provides a broad scope for data recovery.
The global public cloud market has been segmented based on cloud computing, service, organization size, industry, and region.
On the basis of cloud computing, the market has been segmented into cloud billing, cloud communication platform, cloud access security, cloud high-performance computing, and cloud infrastructure. On the basis of service, the market has been segmented into SaaS, PaaS, IaaS, and others. On the basis of organization size, the market has been bifurcated into large enterprises and small & medium-sized enterprises. On the basis of industry, the market has been segmented into manufacturing, BFSI, healthcare, retail, government, aerospace & defense, IT & telecommunication, and others. By region, the market has been segmented into North America, Asia-Pacific, Europe, and the rest of the world.
The key players of global public cloud market are International Business Machines Corporation, Amazon.com, Inc., Microsoft Corporation, Google Inc., Hewlett-Packard Enterprise, Oracle Corporation, VMware, Inc., Cisco Systems, Inc., Salesforce.com., and Fujitsu Limited
*Rest of Europe
*Rest of Asia-Pacific
*Rest of LATAM
Middle East & Africa
*Rest of MEA
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The Public Cloud Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included in this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key points covered in this report:
*The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
*The import and export details along with consumption value and production capability of every region is mentioned in the report.
*Porter's five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
*The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies.The Public Cloud Market report highlight the economy, past and emerging trend of industry, and availability of basic resources. Furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Public Cloud Market before evaluating its possibility.
About Kenneth Research:
Kenneth Research is a reselling agency which focuses on multi-client market research database. The primary goal of the agency is to help industry professionals including various individuals and organizations gain an extra edge of competitiveness and help them identify the market trends and scope. The quality reports provided by the agency aims to make decision making easier for industry professionals and take firm decisions which helps them to form strategies after complete assessment of the market. Some of the industries under focus include healthcare & pharmaceuticals, ICT & Telecom, automotive and transportation, energy and power, chemicals, FMCG, food and beverages, aerospace and defense and others. Kenneth Research also focuses on strategic business consultancy services and offers a single platform for the best industry market research reports.
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