Public Cloud Market Share and Size | Trends, Share & Insights 2025

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Code: MTA10501

Publication Date: Nov 2025

What is the size of Public Cloud Market?

According to 6Wresearch internal database and industry insights, the Global Public Cloud Market was valued at USD 650.1 Billion in 2024 and is expected to reach USD 1437.9 Billion by 2031, growing at a compound annual growth rate of 13% during the forecast period (2025-2031).

This growth is driven by digital transformation, enterprise migration to cloud infrastructure, and rising adoption across SMEs. This industry captured nearly 28% market share within the overall IT services ecosystem in 2024.

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Growth Factors for Public Cloud Industry

Rising demand for scalable and cost-efficient IT infrastructure.
Increasing adoption of SaaS, PaaS, and IaaS solutions by enterprises.
Expansion of hybrid and multi-cloud strategies across industries.
Government encouragement of cloud-first digitalisation policies.
Enhanced cybersecurity and compliance frameworks supporting cloud migration.

Public Cloud Market Trends

Public Cloud Market trends show a notable increase towards hybrid cloud integrations and edge computing, which improve efficiency and reduce latency. Businesses are pursuing sustainability goals through energy-efficient data centres. Cloud services in the industry are once again experiencing strong growth in AI and machine learning integrations, which are stimulating analytics and automation. There are also strategic partnerships being formed between cloud providers and telecoms that fuel competition in the market through improved data management and user experience.

Emerging Developments in the Public Cloud Market

Public Cloud Market developments strongly indicate investment spending in sovereign cloud solutions that offer data localisation and privacy compliance. Cloud providers are enhancing their offerings using an AI-based cloud orchestration and zero-trust architecture to enable secure digital transformation. Edge-to-cloud connectivity advancements are strengthening edge computing and its industrial use, and we are seeing new advancements in serverless computing that improve efficiencies. Finally, improved development tools and verticalized cloud solutions are helping open up markets across industries.