Public Cloud System Infrastructure Services

Public Cloud System Infrastructure Services

Global Public Cloud System Infrastructure Services Market to Reach US$445.6 Billion by 2030

The global market for Public Cloud System Infrastructure Services estimated at US$130.8 Billion in the year 2023, is expected to reach US$445.6 Billion by 2030, growing at a CAGR of 19.1% over the analysis period 2023-2030. Storage, one of the segments analyzed in the report, is expected to record a 20.5% CAGR and reach US$261.9 Billion by the end of the analysis period. Growth in the Print segment is estimated at 15.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$69.9 Billion While China is Forecast to Grow at 25.1% CAGR

The Public Cloud System Infrastructure Services market in the U.S. is estimated at US$69.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$40.4 Billion by the year 2030 trailing a CAGR of 25.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 16.2% and 18.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.5% CAGR.

Global Public Cloud System Infrastructure Services Market - Key Drivers and Trends Summarized

Public Cloud System Infrastructure Services, commonly referred to as Infrastructure as a Service (IaaS), provide virtualized computing resources over the internet. In this model, a third-party provider hosts hardware, software, servers, storage, and other infrastructure components on behalf of its users. Additionally, IaaS providers offer a range of services including networking features, virtual server space, and bandwidth, as well as support for the use of APIs that let users migrate workloads to a virtual machine (VM). Users typically access these services on a pay-as-you-go basis, which allows for scalability and flexibility not typically available in traditional on-premise IT environments. This model is particularly beneficial for businesses looking to avoid the capital expenditure of buying and managing their own physical servers and other data center infrastructure.

The appeal of public cloud services lies in their ability to provide significant scalability, reliability, and efficiency in IT operations. Enterprises can deploy and scale applications globally without the need to invest in physical infrastructure and maintenance. This shift is supported by the cloud`s robust architecture that allows businesses to manage large volumes of data and traffic, automate updates and security patches, and improve collaboration across geographically dispersed teams. Moreover, the public cloud offers disaster recovery capabilities, ensuring data continuity and reducing downtime during unexpected disruptions. The flexibility of the cloud enables companies to experiment with new projects without long-term commitments, thus fostering innovation and rapid development cycles. As digital transformation initiatives accelerate across industries, the demand for agile and cost-effective computing resources continues to rise, reinforcing the central role of public cloud services in modern IT strategies.

The growth in the public cloud system infrastructure services market is driven by several factors, including the ongoing digital transformation in companies of all sizes, the increasing volume of data generated by modern applications, and the growing complexity of maintaining on-premise IT infrastructure. Technological advancements, such as enhanced virtualization technologies and improvements in cybersecurity, which mitigate one of the primary concerns about cloud adoption, are also significant contributors. Additionally, the proliferation of IoT devices and AI applications necessitates robust, scalable infrastructure that can handle vast amounts of data processing and storage, further fueling the need for public cloud services. Consumer behavior, particularly the shift towards mobile and remote work environments amplified by recent global events, has accelerated the adoption of cloud solutions that support remote data access and collaboration. The economic benefits, combined with regulatory compliance offered by major providers, also play a crucial role in the sustained growth and expansion of the public cloud infrastructure market.

Select Competitors (Total 60 Featured) -

• Alibaba Cloud
• Amazon Web Services, Inc.
• Cisco Systems Inc.
• Fujitsu Limited
• Google LLC
• Hewlett Packard Enterprise Company
• International Business Machines Corporation
• Microsoft Corporation
• Oracle Corporation
• Rackspace Technology
• Vmware, Inc.

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