Public Cloud Market 2021
New Study Reports " Global Public Cloud Market 2021, Challenges, Strategies and Opportunities Forecasts 2025" has been Added on MarketResearchFuture.
Introduction/Report Summary:
Public Cloud Service Global Market - Overview
Cloud computing is a kind of computing that is meant to provide various services like data server, storage units, networking architecture, data analytics and other. The enterprises that offer these services are generally termed as cloud providers or cloud operators. In a broader perspective, there are three kinds in which a cloud can be deployed. These include public, private (or on premise) and hybrid (combination of both on premise equipment and public). The public cloud is an open platform and can be accessed and utilized by anyone, authorized to use the cloud. The public cloud has a higher risk of intrusion and security breaches, and thus various enterprises are moving their adoption to private or hybrid deployment.
The cloud has provided a variety of benefits to its users. In a survey by Right Scale, 62% of the cloud professionals feel a faster access to the infrastructure. 61% of the professionals reported greater scalability and 56% of the professionals reported higher availability. Cloud computing has been developed so as to be a usual procedure of any business strategy and planning.
The higher availability, scalability and manageability has encouraged many small and large enterprises to move their services over cloud. This includes a long list of industry verticals, especially, IT, retail, banking and financial services, where the customer data security and analytics is a prime concern. The public cloud services may be offered free or on a pay-per usage model and offers many features and benefits as ultimate scalability, cost effective models, reliability and others. Recent developments in IT and Innovation has increased the public cloud service market.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Public Cloud market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
This report also analyzes the impact of Coronavirus COVID-19 on the Public Cloud industry.
Key Players
The report has profiled some of the Important players prevalent in the global like – The prominent players in the Public Cloud Service Market are - International Business Machines Corporation (U.S.), Amazon.com, Inc. (U.S.), Microsoft Corporation (U.S.), Google (U.S.), Hewlett-Packard (U.S.), Salesforce.com (U.S.), Oracle Corporation (U.S.), VMware, Inc.(U.S.) , Cisco Systems, Inc. (U.S.), Verizon Wireless (U.S.), and Rackspace Inc. (U.S.) among others, are profiled in Market Research Future analysis and are at the forefront of competition in the global Public Cloud Service market and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Public Cloud.
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Public Cloud Service Global Market - Regional Analysis
The geographical analysis of public cloud service market is done for regions such as Asia pacific, North America, Europe and rest of the world. The major factors contributing to the growth of IT modernization has been able to successfully drive the market of public cloud service in North America. It has also been observed that United States is the leading country in adoption of public cloud service. Europe has a fair share in the public cloud service market and is expected to grow steadily over the forecast period. The public cloud service market is expected to grow significantly in Asia Pacific as the adoption of this technology in various industries are growing significantly.
Industry News:
February 2018, Microsoft adds new security features to cloud service Azure Storage. Microsoft has made its service endpoints and firewalls available for its cloud service Azure Storage at no additional billing. Service endpoints provide direct connection from a network to an Azure service, such as storage, securing the data for the customer. These new network-focused features allow the customer to define network access-based security ensuring that only requests from approved Azure virtual networks or specified public IP ranges will be allowed to a specific storage account, thereby now customers can combine existing authorisation mechanisms with new network boundaries to better secure their data.
February 2018, Pax8 Now Offering Symantec Cloud Workload Protection Solution Designed to Secure Public and Hybrid Cloud Workloads. Pax8, announced that it will offer Symantec Cloud Workload Protection Software as a Service, providing managed service providers with a cloud-delivered solution that protects both the cloud-residents and on-premise workloads from a compromise with an operationally efficient, single-console implementation.
January 2018, Cloud computing: Now hospitals can keep confidential patient records in the public cloud. The National Health Service has provided hospitals to store the sensitive records and data of patients in the cloud. The NHS holds a vast amount of extremely sensitive data of nearly everyone in the UK. This allow information to be stored in the cloud from one of the world's largest organisations. NHS Digital marked the advantages of using cloud services that include cost savings associated with not having to buy and maintain a hardware and software, and availability of backup and fast system recovery.
Public Cloud Service Global Market - Segmentation
Segmentation by delivery model: software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS)
Segmentation by vertical: telecommunication, information technology, banking, insurance, retail, education, others
Segmentation by end-user: small and medium business, large enterprise
Segmentation by region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Key Stakeholders
Public Cloud Market Manufacturers
Public Cloud Market Distributors/Traders/Wholesalers
Public Cloud Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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