Product Code: ETC13348521 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Public Cloud Service Market was valued at USD 50 Billion in 2024 and is expected to reach USD 72.36 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The Global Public Cloud Service Market is experiencing substantial growth driven by the increasing adoption of cloud-based services across various industries. The market encompasses a wide range of services such as infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS) offered by major providers including Amazon Web Services, Microsoft Azure, and Google Cloud Platform. Factors contributing to market expansion include the scalability, cost-effectiveness, and flexibility of public cloud services, enabling organizations to streamline operations and enhance productivity. With the rising trend of digital transformation and remote work, the demand for cloud services is expected to continue to surge, with projections indicating sustained growth in the coming years as businesses seek to leverage cloud technologies for innovation and efficiency gains.
The Global Public Cloud Service Market is experiencing rapid growth driven by increasing adoption of cloud technology across various industries. Key trends include the rising demand for hybrid and multi-cloud solutions to optimize workloads, the surge in remote work leading to higher cloud usage for collaboration tools and data storage, and the focus on data security and compliance driving investments in cloud security services. Opportunities for vendors lie in offering industry-specific cloud solutions, expanding into emerging markets, and enhancing capabilities in artificial intelligence and machine learning to meet evolving customer needs. The market is also seeing a shift towards serverless computing and edge computing to support real-time data processing and improve performance. Overall, the Global Public Cloud Service Market presents abundant opportunities for innovation and growth.
The Global Public Cloud Service Market faces several challenges including data security concerns, regulatory compliance issues, and potential vendor lock-in. Data security remains a top priority for organizations as they entrust sensitive information to cloud service providers. Ensuring compliance with various regulations across different regions adds complexity to cloud deployments. Additionally, organizations may face challenges in migrating between cloud providers due to compatibility issues, leading to potential vendor lock-in. Moreover, managing costs and optimizing cloud usage to avoid overspending can be a significant challenge for businesses. Addressing these challenges requires careful planning, robust security measures, and strategic decision-making to leverage the benefits of public cloud services effectively.
The Global Public Cloud Service Market is being primarily driven by the increasing adoption of cloud-based services by organizations looking to streamline operations, enhance scalability, and reduce costs. The growing trend of digital transformation, coupled with the need for remote working capabilities and data accessibility, has propelled the demand for public cloud services. Additionally, the rise in data generation, storage requirements, and the need for advanced analytics tools have further fueled the market growth. The flexibility, agility, and cost-effectiveness offered by public cloud services have made them a preferred choice for businesses across various industries, driving the market expansion. Moreover, advancements in technology such as artificial intelligence, machine learning, and Internet of Things (IoT) are driving the innovation and adoption of public cloud services, further boosting market growth.
Government policies related to the Global Public Cloud Service Market vary by country but generally focus on data protection, cybersecurity, and compliance with local regulations. Some governments have implemented data localization requirements, meaning that certain types of data must be stored within the country`s borders. Additionally, regulations such as the General Data Protection Regulation (GDPR) in the European Union and the Cloud Act in the United States impact how public cloud service providers handle customer data. Governments also play a role in promoting competition and preventing monopolies in the cloud service market through antitrust regulations. Overall, government policies aim to balance innovation and economic growth in the public cloud service market with the protection of consumers` rights and data privacy.
The Global Public Cloud Service Market is poised for significant growth in the coming years as organizations increasingly adopt cloud-based solutions to streamline operations, enhance scalability, and reduce costs. Factors such as the rise of remote work, digital transformation initiatives, and the need for flexible and agile IT infrastructure will continue to drive the demand for public cloud services. Providers are expected to innovate and expand their offerings to cater to a wide range of industries and use cases, leading to a more diverse and competitive market landscape. Additionally, the continued focus on data security, compliance, and performance optimization will be crucial for sustaining this growth trajectory. Overall, the Global Public Cloud Service Market is forecasted to experience robust expansion and technological advancements in the foreseeable future.
In the Global Public Cloud Service Market, various regional insights are evident. In Asia, rapid digital transformation initiatives in countries like China and India are driving the market growth. North America continues to dominate the market with a high adoption rate of cloud services by enterprises. Europe is experiencing significant growth due to strict data privacy regulations and the increasing demand for scalable and cost-effective cloud solutions. The Middle East and Africa region is witnessing a growing adoption of public cloud services, particularly in sectors like finance and healthcare. Latin America is also emerging as a key market, driven by increasing investments in cloud infrastructure and services to support digital transformation efforts across various industries.
Global Public Cloud Service Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Public Cloud Service Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Public Cloud Service Market Revenues & Volume, 2021 & 2031F |
3.3 Global Public Cloud Service Market - Industry Life Cycle |
3.4 Global Public Cloud Service Market - Porter's Five Forces |
3.5 Global Public Cloud Service Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Public Cloud Service Market Revenues & Volume Share, By Cloud Model, 2021 & 2031F |
3.7 Global Public Cloud Service Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.8 Global Public Cloud Service Market Revenues & Volume Share, By Service Provider, 2021 & 2031F |
3.9 Global Public Cloud Service Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Public Cloud Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Public Cloud Service Market Trends |
6 Global Public Cloud Service Market, 2021 - 2031 |
6.1 Global Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Public Cloud Service Market, Revenues & Volume, By Hybrid Cloud, 2021 - 2031 |
6.1.3 Global Public Cloud Service Market, Revenues & Volume, By Public Cloud, 2021 - 2031 |
6.1.4 Global Public Cloud Service Market, Revenues & Volume, By Private Cloud, 2021 - 2031 |
6.2 Global Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Public Cloud Service Market, Revenues & Volume, By SaaS, 2021 - 2031 |
6.2.3 Global Public Cloud Service Market, Revenues & Volume, By Managed Service, 2021 - 2031 |
6.2.4 Global Public Cloud Service Market, Revenues & Volume, By IaaS, 2021 - 2031 |
6.3 Global Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Public Cloud Service Market, Revenues & Volume, By Subscription-based, 2021 - 2031 |
6.3.3 Global Public Cloud Service Market, Revenues & Volume, By Cloud Platform, 2021 - 2031 |
6.3.4 Global Public Cloud Service Market, Revenues & Volume, By On-demand Services, 2021 - 2031 |
6.4 Global Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Public Cloud Service Market, Revenues & Volume, By BFSI, 2021 - 2031 |
6.4.3 Global Public Cloud Service Market, Revenues & Volume, By IT and Telecom, 2021 - 2031 |
6.4.4 Global Public Cloud Service Market, Revenues & Volume, By Cloud Computing, 2021 - 2031 |
7 North America Public Cloud Service Market, Overview & Analysis |
7.1 North America Public Cloud Service Market Revenues & Volume, 2021 - 2031 |
7.2 North America Public Cloud Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
7.4 North America Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
7.5 North America Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
7.6 North America Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Public Cloud Service Market, Overview & Analysis |
8.1 Latin America (LATAM) Public Cloud Service Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Public Cloud Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
8.4 Latin America (LATAM) Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
8.5 Latin America (LATAM) Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
8.6 Latin America (LATAM) Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Public Cloud Service Market, Overview & Analysis |
9.1 Asia Public Cloud Service Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Public Cloud Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
9.4 Asia Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
9.5 Asia Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
9.6 Asia Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Public Cloud Service Market, Overview & Analysis |
10.1 Africa Public Cloud Service Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Public Cloud Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
10.4 Africa Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
10.5 Africa Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
10.6 Africa Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Public Cloud Service Market, Overview & Analysis |
11.1 Europe Public Cloud Service Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Public Cloud Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
11.4 Europe Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
11.5 Europe Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
11.6 Europe Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Public Cloud Service Market, Overview & Analysis |
12.1 Middle East Public Cloud Service Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Public Cloud Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Public Cloud Service Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Public Cloud Service Market, Revenues & Volume, By Cloud Model, 2021 - 2031 |
12.4 Middle East Public Cloud Service Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
12.5 Middle East Public Cloud Service Market, Revenues & Volume, By Service Provider, 2021 - 2031 |
12.6 Middle East Public Cloud Service Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Public Cloud Service Market Key Performance Indicators |
14 Global Public Cloud Service Market - Export/Import By Countries Assessment |
15 Global Public Cloud Service Market - Opportunity Assessment |
15.1 Global Public Cloud Service Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Public Cloud Service Market Opportunity Assessment, By Cloud Model, 2021 & 2031F |
15.3 Global Public Cloud Service Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
15.4 Global Public Cloud Service Market Opportunity Assessment, By Service Provider, 2021 & 2031F |
15.5 Global Public Cloud Service Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Public Cloud Service Market - Competitive Landscape |
16.1 Global Public Cloud Service Market Revenue Share, By Companies, 2024 |
16.2 Global Public Cloud Service Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |