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Public Cloud Services - Global Strategic Business Report

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    Report

  • 183 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5998620
The global market for Public Cloud Services was estimated at US$547.1 Billion in 2023 and is projected to reach US$1.7 Trillion by 2030, growing at a CAGR of 17.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Cloud Professional Services Market - Key Trends and Drivers Summarized

Cloud Professional Services: Enabling Businesses to Harness the Power of the Cloud

Cloud Professional Services encompass a range of specialized services designed to help organizations adopt, manage, and optimize their cloud computing environments. These services include cloud consulting, migration, management, and optimization, as well as specialized services such as cloud security, compliance, and disaster recovery. Cloud Professional Services are critical for organizations looking to leverage the benefits of cloud computing, such as scalability, flexibility, and cost savings, without the complexities of managing cloud infrastructure on their own. By providing expert guidance and support, Cloud Professional Services enable businesses to efficiently transition to the cloud, optimize their cloud resources, and ensure that their cloud environments are secure, compliant, and aligned with their business objectives.

How Are Technological Advancements Enhancing Cloud Professional Services?

Technological advancements have significantly enhanced the capabilities and scope of Cloud Professional Services, making them more effective in helping organizations manage their cloud environments. The development of advanced cloud management platforms has streamlined the monitoring, optimization, and automation of cloud resources, enabling service providers to deliver more efficient and cost-effective solutions. The integration of artificial intelligence (AI) and machine learning into cloud services has enabled predictive analytics and automated decision-making, helping organizations optimize their cloud performance and costs more effectively. Advances in cloud security technologies have improved the ability of Cloud Professional Services to protect organizations' data and applications from cyber threats, ensuring compliance with industry regulations. Additionally, the rise of hybrid and multi-cloud environments has expanded the role of Cloud Professional Services in helping organizations manage complex, distributed cloud infrastructures. These technological improvements are driving the adoption of Cloud Professional Services across various industries, helping businesses maximize the value of their cloud investments.

What Are the Key Applications and Benefits of Cloud Professional Services?

Cloud Professional Services are used across a wide range of industries and business functions, offering numerous benefits that enhance cloud adoption, management, and optimization. In the financial services sector, Cloud Professional Services help organizations migrate their critical applications to the cloud, ensuring compliance with regulatory requirements and optimizing costs. In the healthcare industry, these services support the secure management of patient data and the deployment of cloud-based healthcare applications, improving care delivery and operational efficiency. The retail sector relies on Cloud Professional Services to manage and optimize their e-commerce platforms, enabling scalability and enhancing customer experience. The primary benefits of Cloud Professional Services include improved cloud performance, enhanced security and compliance, cost optimization, and reduced complexity. By providing expert guidance and support, Cloud Professional Services enable organizations to fully realize the benefits of cloud computing while minimizing the risks and challenges associated with cloud adoption.

What Factors Are Driving the Growth in the Cloud Professional Services Market?

The growth in the Cloud Professional Services market is driven by several factors. The increasing adoption of cloud computing across various industries is a significant driver, as organizations require expert support to manage and optimize their cloud environments. Technological advancements in cloud management, security, and automation are also propelling market growth, as these innovations enhance the capabilities of Cloud Professional Services. The rising focus on digital transformation and the growing complexity of IT environments are further boosting demand, as businesses seek to leverage the cloud to drive innovation and improve operational efficiency. Additionally, the expansion of hybrid and multi-cloud deployments is contributing to market growth, as organizations require specialized services to manage their distributed cloud infrastructures. The increasing emphasis on cloud security and compliance, coupled with the growing need for cost optimization and resource management, is also supporting the growth of the Cloud Professional Services market. These factors, combined with continuous innovation in cloud technology, are driving the sustained growth of the Cloud Professional Services market.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Software as a Service (SaaS) segment, which is expected to reach US$739.5 Billion by 2030 with a CAGR of a 14.8%. The Infrastructure as a Service (IaaS) segment is also set to grow at 21.1% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $149.1 Billion in 2023, and China, forecasted to grow at an impressive 22.3% CAGR to reach $375.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Public Cloud Services Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Public Cloud Services Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Public Cloud Services Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as /n Software Inc., 1Kosmos Inc., alpstein-IT, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 19 Featured):

  • /n Software Inc.
  • 1Kosmos Inc.
  • alpstein-IT
  • Avenga
  • Axle Cloud
  • BDO USA LLP
  • BigRock Solutions Pvt., Ltd.
  • BlazingCDN
  • BMIT Technologies
  • BreakFree Solutions

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Cloud Professional Services - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Adoption of Cloud-Based Solutions Propels Market Growth
  • Increasing Demand for Scalable IT Infrastructure Expands Addressable Market Opportunity
  • Technological Advancements in Cloud Security Strengthen Market Position
  • Growing Focus on Digital Transformation Spurs Market Expansion
  • Development of Industry-Specific Cloud Solutions Sustains Market Growth
  • Increasing Investments in AI and Machine Learning in Cloud Services Generate New Opportunities
  • Growth in Remote Workforce Expands Addressable Market Horizons
  • Advancements in Cloud Management and Orchestration Tools Strengthen Business Case
  • Increasing Focus on Cost Optimization Spurs Market Expansion
  • Emergence of Multi-Cloud Strategies Throws Spotlight on Market Dynamics
  • Growth in Edge Computing and IoT Integration Generates New Opportunities
  • Rising Demand for Cloud-Based Collaboration Tools Propels Market Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Public Cloud Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Public Cloud Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Public Cloud Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Public Cloud Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Software as a Service (SaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Software as a Service (SaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Software as a Service (SaaS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Infrastructure as a Service (IaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Infrastructure as a Service (IaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Infrastructure as a Service (IaaS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Platform as a Service (PaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Platform as a Service (PaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Platform as a Service (PaaS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for BFSI End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for BFSI End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for BFSI End-User by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Manufacturing End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Manufacturing End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Manufacturing End-User by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for IT & Telecom End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for IT & Telecom End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for IT & Telecom End-User by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Retail & Consumer Goods End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Retail & Consumer Goods End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Retail & Consumer Goods End-User by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Healthcare End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Healthcare End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Healthcare End-User by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Energy & Utilities End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Energy & Utilities End-User by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Energy & Utilities End-User by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Other End-Users by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Other End-Users by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Other End-Users by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Public Cloud Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • /n Software Inc.
  • 1Kosmos Inc.
  • alpstein-IT
  • Avenga
  • Axle Cloud
  • BDO USA LLP
  • BigRock Solutions Pvt., Ltd.
  • BlazingCDN
  • BMIT Technologies
  • BreakFree Solutions

Table Information