During the projection period of 2020–2030, the value of the worldwide public cloud application infrastructure services market is expected to grow at a CAGR of 24.5%.
ongoing demand for more security and the bonus of using cloud infrastructure, which simplifies secure access even for distant access. As a result, public cloud services are becoming more and more linked to corporate agility. The use of public cloud services has become more feasible due to the expansion of Infrastructure as a Service (IaaS).
The enterprise IT value chain is undoubtedly changing as a result. Combining on-premises IT infrastructure with cloud infrastructure is a new trend in many businesses, and it’s still the best way to get public IaaS acceptance.
Request a Report Sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-4881
Key Takeaways of Public Cloud Application Infrastructure Services Market Study
- Among the application segment, the application infrastructure & middleware sub-segment is expected to witness a high growth rate during the forecast period, owing to the increasing adoption of digital business model, and modern application infrastructure to connect data, software, users, and hardware.
- East Asia is expected to create lucrative growth opportunities for players in the public cloud application infrastructure services market, owing to the IT organizations are migrating their business-critical infrastructure to the cloud, and increased adoption of hybrid IT, in the countries of this region.
Increasing Adoption of Public Cloud Application Infrastructure Services amid the COVID-19 Pandemic outbreak
The increasing work-from-home scenario amid global lockdowns due to COVID-19 outbreak, would drive the market for public cloud application infrastructure services during Q2-Q4 2020. Public cloud application infrastructure service-based offerings such as application development, database management systems, business intelligence platform, and others would grow at unprecedented rate.
However, new technologies such as AI, Robotics, AR/VR, IoT, cognitive security etc., would see surge in the adoption owing to the increasing new use-cases and new market opportunities. In addition, the overall public cloud application infrastructure services market is projected to grow at increasing rate, Q1 2021 onwards.
Introduction of New Public Cloud Application Infrastructure Services to Remain Key Strategy
Key vendors focusing on public cloud application infrastructure platforms are strategizing to develop and innovate new services related to public cloud infrastructure technology in order to achieve full global coverage and enhanced customer experience.
- In September 2019, Oracle partnered with VMware to provide support customers for implementing hybrid cloud strategies. According to this partnership, customers are able to execute their hybrid cloud strategies by using VMware Cloud Foundation on Oracle Cloud Infrastructure.
More Valuable Insights on Public Cloud Application Infrastructure Services Market
FMI’s report on the public cloud application infrastructure services market is segmented into five major sections such as application type (application development, application infrastructure & middleware, business intelligence platform, database management systems, others), platform services (data services, application platforms, integration services, development & lifecycle services, other platform services), enterprise (large enterprise, small & medium enterprise), vertical (government, BFSI, healthcare, telecommunication, media & entertainment, energy & utilities, retail/ wholesale, manufacturing, transportation, and others) and region to help readers understand and lucrative evaluate opportunities in the public cloud application infrastructure services market.
Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights: https://www.futuremarketinsights.com/checkout/4881
Public Cloud Application Infrastructure Services Market: Segmentation
The global public cloud application infrastructure services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Application Type
- Application Development
- Application Infrastructure & Middleware
- Business Intelligence Platform
- Database Management Systems
- Others
By Services
- Data Services
- Application Platforms
- Integration services
- Development & Lifecycle Services
- Other Platform Services
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise
By Verticals
- Government
- BFSI
- Healthcare
- Telecommunication
- Media & Entertainment
- Energy & Utilities
- Retail/ Wholesale
- Manufacturing
- Transportation
- Others
Request for Customization:
https://www.futuremarketinsights.com/customization-available/rep-gb-4881
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube