NEW YORK, Feb. 25, 2022 /PRNewswire/ -- The public cloud services market is expected to grow by USD 221.84 bn from 2019 to 2024. However, the growth momentum of the market will decelerate at a CAGR of 19% during this period.
The global Internet services and infrastructure market is the parent market of the global public cloud services market. The global Internet services and infrastructure market covers companies providing services and infrastructure for the Internet industry, including data centers and cloud networking and storage infrastructure. It also includes companies providing hosting services.
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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.
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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:
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Public Cloud Services Market 2020-2024: Key Highlights
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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
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