USD 221.84 bn growth in Public Cloud Services Market

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Growth in the global Internet services and infrastructure market will be driven by the factors such as planned expansion by hyperscalers, increasing adoption of cloud computing, rise in adoption of colocation services, and Increasing demand for IoT devices.

Public Cloud Services Market 2020-2024: Scope

The report also covers the following areas:

Public Cloud Services Market 2020-2024: Segmentation

By service, the market has been segmented into SaaS, IaaS, and PaaS. The SaaS segment will have significant market share growth during the forecast period. The use of public SaaS services is rising, as it provides features such as elasticity, scalability, and scope for data recovery. It also simplifies access to platform solutions such as AI, big data, data analytics, and IoT.

By geography, the market has been segmented into North America, Europe, APAC, South America, and MEA. North America will account for the highest market share growth during the forecast period.

Find out the contribution of each segment. View Our Free Sample Report

Public Cloud Services Market 2020-2024: Vendor Analysis and Scope

The public cloud services market is fragmented, and the degree of fragmentation will decelerate during the forecast period. The increasing number of data center hyperscalers and colocation providers is notably driving the public cloud services market growth. However, factors such as vendor lock-in and operational complexities may impede market growth.

To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the public cloud services market include Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, and VMware Inc. The key offerings of some of these vendors are listed below:

  • Alibaba Group Holding Ltd. – The company offers database services and data reading and writing capabilities at high speed by retrieving data from in-memory caches.
  • Amazon.com Inc. – The company offers a web service for deploying applications that help in using AWS services such as EC2, S3, Simple Notification Service (SNS), CloudWatch, autoscaling, and Elastic Load Balancers.
  • Cisco Systems Inc. – The company offers public cloud services of on-premises to multiple cloud providers.

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Public Cloud Services Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist public cloud services market growth during the next five years
  • Estimation of the public cloud services market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the public cloud services market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of public cloud services market vendors

Related Reports:

Green Data Center Market by End-user and Geography – Forecast and Analysis 2021-2025

Cloud Computing Market by Service and Geography – Forecast and Analysis 2021-2025

Public Cloud Services Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Decelerate at a CAGR of 19%

Market growth 2020-2024

USD 221.84 billion

Market structure

Fragmented

YoY growth (%)

22.24

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 52%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, and VMware Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1. Executive Summary                           

2. Market Landscape                             

                2.1 Market ecosystem             

                                Exhibit 01: Parent market

                2.2: Market Characteristics    

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 02: Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 03: Market segments

                3.3 Market size 2020 

                3.4 Market outlook: Forecast for 2019-2024

                                Exhibit 04: Global – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 05: Global – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 06: Global Market: Year-over-year growth 2019-2024 (%)

                                Exhibit 07: Global Market: Year-over-year growth 2019-2024 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 08: Five forces analysis 2019 & 2024

                4.2 Bargaining power of buyers           

                4.3 Bargaining power of suppliers       

                4.4 Threat of new entrants    

                4.5 Threat of substitutes         

                4.6 Threat of rivalry   

                4.7 Market condition

                                Exhibit 09: Market condition – Five forces 2019 and 2024

5 Market Segmentation by Service                 

                5.1 Market segments

                                Exhibit 10: Service – Market share 2019-2024 (%)

                                Exhibit 11: Service – Market share 2019-2024 (%)

                5.2 Comparison by Service     

                                Exhibit 12: Comparison by Service

                                Exhibit 13: Comparison by Service

                5.3 SaaS – Market size and forecast 2019-2024               

                                Exhibit 14: SaaS – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 15: SaaS – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 16: SaaS – Year-over-year growth 2019-2024 (%)

                                Exhibit 17: SaaS – Year-over-year growth 2019-2024 (%)

                5.4 IaaS – Market size and forecast 2019-2024

                                Exhibit 18: IaaS – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 19: IaaS – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 20: IaaS – Year-over-year growth 2019-2024 (%)

                                Exhibit 21: IaaS – Year-over-year growth 2019-2024 (%)

                5.5 PaaS – Market size and forecast 2019-2024               

                                Exhibit 22: PaaS – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 23: PaaS – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 24: PaaS – Year-over-year growth 2019-2024 (%)

                                Exhibit 25: PaaS – Year-over-year growth 2019-2024 (%)

                5.6 Market opportunity by Service      

                                Exhibit 26: Market opportunity by Service ($ billion)

6 Customer landscape           

                                Exhibit 27: Customer landscape

7 Geographic Landscape                      

                7.1 Geographic segmentation

                                Exhibit 28: Market share by geography 2019-2024 (%)

                                Exhibit 29: Market share by geography 2019-2024 (%)

                7.2 Geographic comparison   

                                Exhibit 30: Geographic comparison

                                Exhibit 31: Geographic comparison

                7.3 North America – Market size and forecast 2019-2024           

                                Exhibit 32: North America – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 33: North America – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 34: North America – Year-over-year growth 2019-2024 (%)

                                Exhibit 35: North America – Year-over-year growth 2019-2024 (%)

                7.4 Europe – Market size and forecast 2019-2024         

                                Exhibit 36: Europe – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 37: Europe – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 38: Europe – Year-over-year growth 2019-2024 (%)

                                Exhibit 39: Europe – Year-over-year growth 2019-2024 (%)

                7.5 APAC – Market size and forecast 2019-2024              

                                Exhibit 40: APAC – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 41: APAC – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 42: APAC – Year-over-year growth 2019-2024 (%)

                                Exhibit 43: APAC – Year-over-year growth 2019-2024 (%)

                7.6 South America – Market size and forecast 2019-2024

                                Exhibit 44: South America – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 45: South America – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 46: South America – Year-over-year growth 2019-2024 (%)

                                Exhibit 47: South America – Year-over-year growth 2019-2024 (%)

                7.7 Middle East and Africa – Market size and forecast 2019-2024

                                Exhibit 48: Middle East and Africa – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 49: Middle East and Africa – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 50: Middle East and Africa – Year-over-year growth 2019-2024 (%)

                                Exhibit 51: Middle East and Africa – Year-over-year growth 2019-2024 (%)

                7.8 US – Market size and forecast 2019-2024

                                Exhibit 52: US – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 53: US – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 54: US – Year-over-year growth 2019-2024 (%)

                                Exhibit 55: US – Year-over-year growth 2019-2024 (%)

                7.9 China – Market size and forecast 2019-2024

                                Exhibit 56: China – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 57: China – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 58: China – Year-over-year growth 2019-2024 (%)

                                Exhibit 59: China – Year-over-year growth 2019-2024 (%)

                7.10 Japan – Market size and forecast 2019-2024

                                Exhibit 60: Japan – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 61: Japan – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 62: Japan – Year-over-year growth 2019-2024 (%)

                                Exhibit 63: Japan – Year-over-year growth 2019-2024 (%)

                7.11 UK – Market size and forecast 2019-2024

                                Exhibit 64: UK – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 65: UK – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 66: UK – Year-over-year growth 2019-2024 (%)

                                Exhibit 67: UK – Year-over-year growth 2019-2024 (%)

                7.12 Germany – Market size and forecast 2019-2024

                                Exhibit 68: Germany – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 69: Germany – Market size and forecast 2019-2024 ($ billion)

                                Exhibit 70: Germany – Year-over-year growth 2019-2024 (%)

                                Exhibit 71: Germany – Year-over-year growth 2019-2024 (%)

                7.13 Market opportunity by geography            

                                Exhibit 72: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends                    

                8.1 Market drivers     

                                8.1.1 Increasing number of data center hyperscalers and colocation providers

                                8.1.2 Shift toward reduced capital expenditures on IT hardware

                                8.1.3 Increasing adoption of IoT, ML, and big data technologies

                8.2 Market challenges              

                                8.2.1 Vendor lock-in and operational complexities

                                8.2.2 Network connectivity issues and latency

                                8.2.3 Security and compliance issues related to public cloud

                8.3 Impact of drivers and challenges  

                                Exhibit 73: Impact of drivers and challenges

                8.4 Market trends      

                                8.4.1 Strategic partnerships and collaborations among market participants

                                8.4.2 Shift toward server virtualization

                                8.4.3 Cloud simplifies disaster recovery

9. Vendor Landscape                             

                9.1     Competitive scenario    

                9.2     Vendor landscape           

                                Exhibit 74: Vendor Landscape

                9.3     Landscape disruption    

                                Exhibit 75: Landscape disruption

                9.4     Industry risks    

                                Exhibit 76: Industry risks

10.  Vendor Analysis                              

                10.1  Vendors covered            

                                Exhibit 77: Vendors covered

                10.2 Market positioning of vendors  

                                Exhibit 78: Market positioning of vendors

                10.3 Alibaba Cloud     

                                Exhibit 79: Alibaba Cloud – Overview

                                Exhibit 80: Alibaba Cloud – Product / Service

                                Exhibit 81: Alibaba Cloud – Key offerings

                10.4 Alphabet Inc.      

                                Exhibit 82: Alphabet Inc. – Overview

                                Exhibit 83: Alphabet Inc. – Business segments

                                Exhibit 84: Alphabet Inc. – Key offerings

                                Exhibit 85: Alphabet Inc. – Segment focus

                10.5 Amazon Web Services Inc.            

                                Exhibit 86: Amazon Web Services Inc. – Overview

                                Exhibit 87: Amazon Web Services Inc. – Product / Service

                                Exhibit 88: Amazon Web Services Inc. – Key news

                                Exhibit 89: Amazon Web Services Inc. – Key offerings

                10.6 Cisco Systems Inc.            

                                Exhibit 90: Cisco Systems Inc. – Overview

                                Exhibit 91: Cisco Systems Inc. – Business segments

                                Exhibit 92: Cisco Systems Inc. – Key news

                                Exhibit 93: Cisco Systems Inc. – Key offerings

                                Exhibit 94: Cisco Systems Inc. – Segment focus

                10.7 International Business Machines Corp.    

                                Exhibit 95: International Business Machines Corp. – Overview

                                Exhibit 96: International Business Machines Corp. – Business segments

                                Exhibit 97: International Business Machines Corp. – Key offerings

                                Exhibit 98: International Business Machines Corp. – Segment focus

                10.8 Microsoft Corp. 

                                Exhibit 99: Microsoft Corp. – Overview

                                Exhibit 100: Microsoft Corp. – Business segments

                                Exhibit 101: Microsoft Corp. – Key news

                                Exhibit 102: Microsoft Corp. – Key offerings

                                Exhibit 103: Microsoft Corp. – Segment focus

                10.9 Oracle Corp.       

                                Exhibit 104: Oracle Corp. – Overview

                                Exhibit 105: Oracle Corp. – Business segments

                                Exhibit 106: Oracle Corp. – Key news

                                Exhibit 107: Oracle Corp. – Key offerings

                                Exhibit 108: Oracle Corp. – Segment focus

                10.10 Salesforce.com Inc.       

                                Exhibit 109: Salesforce.com Inc. – Overview

                                Exhibit 110: Salesforce.com Inc. – Product / Service

                                Exhibit 111: Salesforce.com Inc. – Key news

                                Exhibit 112: Salesforce.com Inc. – Key offerings

                10.11 SAP SE

                                Exhibit 113: SAP SE – Overview

                                Exhibit 114: SAP SE – Business segments

                                Exhibit 115: SAP SE – Key news

                                Exhibit 116: SAP SE – Key offerings

                10.12 VMware Inc.    

                                Exhibit 117: VMware Inc. – Overview

                                Exhibit 118: VMware Inc. – Business segments

                                Exhibit 119: VMware Inc. – Key offerings

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 Market definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Currency conversion rates for US$            

                                Exhibit 120: Currency conversion rates for US$

                11.3 Research Methodology 

                                Exhibit 121: Research Methodology

                                Exhibit 122: Validation techniques employed for market sizing

                                Exhibit 123: Information sources

                11.4 List of abbreviations        

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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