Public cloud system infrastructure services market
DUBLIN, April 26, 2024 (Globe Newswire) — The “Public Cloud System Infrastructure Services – Global Strategic Business Report'' report has been added. ResearchAndMarkets.com Recruitment.
Global public cloud system infrastructure services market expected to reach $445.6 billion by 2030
The global market for public cloud systems infrastructure services is estimated at USD 98.1 billion in 2022 and is projected to reach a revised size of USD 445.6 billion by 2030, 2022-2030 analysis Growing at a CAGR of 20.8% over the period.
Cloud computing has revolutionized the IT environment and led to the rise of cloud infrastructure services. As enterprises increasingly adopt the cloud, this market is poised to experience significant growth that represents his 10-year IT journey. Competition in the public cloud system infrastructure services market is fierce, with 60 players across the globe vying for market share.
Storage, one of the segments analyzed in the report, is expected to register a CAGR of 22.2% and reach USD 261.9 billion by the end of the analysis period. The growth of the printing sector is estimated at 17.1% CAGR over the next eight years.
The US market is estimated at $53.2 billion, while China is expected to grow at a CAGR of 26.7%
Recent market activity reflects evolving trends, such as the migration of enterprise content management to the cloud and the increased adoption of multi-cloud infrastructure solutions. Additionally, the integration of artificial intelligence into cloud services, and the emergence of containers and Kubernetes as critical components, demonstrate the evolving nature of cloud infrastructure services.
The US public cloud system infrastructure services market is estimated at USD 53.2 billion in 2022. China, the world's second largest economy, is projected to have a market size of USD 40.4 billion by 2030, at a CAGR of 26.7. % over the analysis period 2022-2030.
Other notable geographic markets include Japan and Canada, which are expected to grow by 17.8% and 19.8%, respectively, between 2022 and 2030. Among Europe, Germany is projected to grow at a CAGR of approximately 21.4%. The Asia-Pacific market is expected to reach USD 46.5 billion by 2030, led by countries such as Australia, India, and South Korea.
Key attributes:
|
report attributes |
detail |
|
number of pages |
599 |
|
Forecast period |
2022-2030 |
|
Estimated market value in 2022 (USD) |
$98.1 billion |
|
Projected market value to 2030 (USD) |
$445.6 billion |
|
compound annual growth rate |
20.8% |
|
Target area |
global |
Market overview
-
Cloud computing rewrites the IT rulebook and lays the foundation for the rise of cloud infrastructure services
-
The cloud infrastructure services market is poised for a once-in-a-decade IT journey as enterprises join the cloud revolution
-
competition
-
Public Cloud System Infrastructure Services – Global Major Competitors Global Market Share Percentage of 60 Companies in 2023
-
Public cloud infrastructure services: overview and types
-
Recent market activity
Market trends and drivers
-
As enterprise content management moves to the cloud, CDNs become popular infrastructure services
-
Increased adoption of cloud-based content management is driving the need for faster access to content stored on the Internet
-
Multicloud infrastructure is growing in popularity for good reason.here is the story
-
Integration of AI into cloud services, including cloud infrastructure services, is the hottest new trend
-
Containers and Kubernetes have emerged as critical components of cloud infrastructure services
-
Rethinking Infrastructure: The Next Wave of Cloud Storage Breakthroughs
-
Edge computing creates new demands for deploying infrastructure resources closer to data sources, accelerating momentum for IaaS services
-
Ride to the edge with IaaS and power the next frontier of edge computing: The global market for edge computing
-
Focus on business continuity makes DRaaS an important part of cloud infrastructure services
-
Serverless computing is here and the future of next-generation cloud infrastructure
-
Infrastructure as code gains attention
-
Low-code/no-code for cloud infrastructure is the latest fad
-
Bare metal cloud services remain popular
Focus on carefully selected players(Total 60 items posted)
For more information about this report, please visit https://www.researchandmarkets.com/r/ib1bqp.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
attachment
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
