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Public cloud services market size to increase by USD 221.84 billion; North America to account for 52% of market growth - Technavio
[January 30, 2023]

Public cloud services market size to increase by USD 221.84 billion; North America to account for 52% of market growth - Technavio


NEW YORK, Jan. 30, 2023 /PRNewswire/ -- The Public Cloud Services Market by Service and Geography - Forecast and Analysis 2022 -2026 report has been published by Technavio. Market size is forecast to grow by USD 221.84 billion between 2021 and 2026. However, the growth momentum will be decelerating at a CAGR of 19%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Gain detailed insights into the market study. Buy the report!

Regional Analysis

By region, the global public cloud services market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. North America will account for 52% of market growth during the forecast period. Factors such as the increased adoption of cloud computing services and a rise in data center investments are driving the growth of the public cloud services market in North America. Download A PDF Sample Report

Company Profiles

The public cloud services market report includes information on the key products and recent developments of leading vendors, including:

  • Alibaba Group Holding Ltd. - The company offers public cloud service that provides cloud products and services for databases, networking, security, analytics and big data, domains and website management, application services, media services, middleware, and others under the brand name of Alibaba Cloud.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Cisco Systems Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Salesforce.com Inc.
  • SAP SE
  • VMware Inc.

Market Dynamics

The market is driven by factors such as the increasing adoption of IoT and ML and big data, the increasing number of data center hyperscalers and colocation providers, and the shift toward reduced capital expenditures on IT hardware. However, vendor lock-ins are hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

  • By service, the market is segmented into SaaS, IaaS, and PaaS. The SaaS segment accounted for the largest share of the market in 2022.
  • By geography, the market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. North America held the largest share of the market in 2022.

Related Reports:

  • The cloud-based ITSM market is estimated to grow at a CAGR of 15.08% between 2022 and 2027. The size of the market is forecast to increase by USD 6,094.37 million. The growing need for control and accountability is notably driving market growth, although factors such as growing integration concerns in business organizations may impede the market growth.
  • The workforce management software market is estimated to grow at a CAGR of 6.82% between 2022 and 2027. The size of the market is forecast to increase by USD 2,307.38 million. The need for regulatory compliance is notably driving the market growth, although factors such as high implementation and maintenance costs may impede the market growth.

Technavio's library includes over 17,000+ reports, covering more than 2,000 emerging technologies. Subscribe to our "Basic Plan" at just USD 5,000 and get lifetime access to Technavio Insights

What are the key data covered in this public cloud services market report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2022 and 2026
  • Precise estimation of the size of the public cloud services market and its contribution to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa.
  • A thorough analysis of the market's competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of public cloud services market vendors.




Public Cloud Services Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 19%

Market growth 2022-2026

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

Key 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 recovery analysis and future consumer dynamics, and 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.


Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Service

  • 5.1 Market segments 
    • Exhibit 24: Chart on Service - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Service - Market share 2021-2026 (%)
  • 5.2 Comparison by Service 
    • Exhibit 26: Chart on Comparison by Service
    • Exhibit 27: Data Table on Comparison by Service
  • 5.3 SaaS - Market size and forecast 2021-2026 
    • Exhibit 28: Chart on SaaS - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on SaaS - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on SaaS - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on SaaS - Year-over-year growth 2021-2026 (%)
  • 5.4 IaaS - Market size and forecast 2021-2026
    • Exhibit 32: Chart on IaaS - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on IaaS - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on IaaS - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on IaaS - Year-over-year growth 2021-2026 (%)
  • 5.5 PaaS - Market size and forecast 2021-2026
    • Exhibit 36: Chart on PaaS - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 37: Data Table on PaaS - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Chart on PaaS - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on PaaS - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Service 
    • Exhibit 40: Market opportunity by Service ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Japan - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.11 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.12 Germany - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Alibaba Cloud 
    • Exhibit 93: Alibaba Cloud - Overview
    • Exhibit 94: Alibaba Cloud - Product / Service
    • Exhibit 95: Alibaba Cloud - Key offerings
  • 10.4 Alphabet Inc. 
    • Exhibit 96: Alphabet Inc. - Overview
    • Exhibit 97: Alphabet Inc. - Business segments
    • Exhibit 98: Alphabet Inc. - Key offerings
    • Exhibit 99: Alphabet Inc. - Segment focus
  • 10.5 Amazon Web Services Inc. 
    • Exhibit 100: Amazon Web Services Inc. - Overview
    • Exhibit 101: Amazon Web Services Inc. - Product / Service
    • Exhibit 102: Amazon Web Services Inc. - Key news
    • Exhibit 103: Amazon Web Services Inc. - Key offerings
  • 10.6 Cisco Systems Inc. 
    • Exhibit 104: Cisco Systems Inc. - Overview
    • Exhibit 105: Cisco Systems Inc. - Business segments
    • Exhibit 106: Cisco Systems Inc. - Key news
    • Exhibit 107: Cisco Systems Inc. - Key offerings
    • Exhibit 108: Cisco Systems Inc. - Segment focus
  • 10.7 International Business Machines Corp. 
    • Exhibit 109: International Business Machines Corp. - Overview
    • Exhibit 110: International Business Machines Corp. - Business segments
    • Exhibit 111: International Business Machines Corp. - Key offerings
    • Exhibit 112: International Business Machines Corp. - Segment focus
  • 10.8 Microsoft Corp. 
    • Exhibit 113: Microsoft Corp. - Overview
    • Exhibit 114: Microsoft Corp. - Business segments
    • Exhibit 115: Microsoft Corp. - Key news
    • Exhibit 116: Microsoft Corp. - Key offerings
    • Exhibit 117: Microsoft Corp. - Segment focus
  • 10.9 Oracle Corp. 
    • Exhibit 118: Oracle Corp. - Overview
    • Exhibit 119: Oracle Corp. - Business segments
    • Exhibit 120: Oracle Corp. - Key news
    • Exhibit 121: Oracle Corp. - Key offerings
    • Exhibit 122: Oracle Corp. - Segment focus
  • 10.10 Salesforce.com Inc. 
    • Exhibit 123: Salesforce.com Inc. - Overview
    • Exhibit 124: Salesforce.com Inc. - Product / Service
    • Exhibit 125: Salesforce.com Inc. - Key news
    • Exhibit 126: Salesforce.com Inc. - Key offerings
  • 10.11 SAP SE 
    • Exhibit 127: SAP SE - Overview
    • Exhibit 128: SAP SE - Business segments
    • Exhibit 129: SAP SE - Key news
    • Exhibit 130: SAP SE - Key offerings
    • Exhibit 131: SAP SE - Segment focus
  • 10.12 VMware Inc. 
    • Exhibit 132: VMware Inc. - Overview
    • Exhibit 133: VMware Inc. - Business segments
    • Exhibit 134: VMware Inc. - Key offerings
    • Exhibit 135: VMware Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 136: Inclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 137: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 138: Research methodology
    • Exhibit 139: Validation techniques employed for market sizing
    • Exhibit 140: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 141: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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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