Global Public Cloud System Infrastructure Services Market to Touch US$ 110,350 Mn in the Year 2022 - Persistence Market Research
Wednesday, September 13, 2017
Global Public Cloud System Infrastructure Services Market to grow at a robust CAGR during the assessment period.
NEW YORK, September 13, 2017 /PRNewswire/ --
The public cloud system infrastructure services market is driven by the advantages
that the public cloud services possess. Due to the public cloud system infrastructure
services, people can access data, services and applications via the internet. This
eliminates the need for costly hardware like hard drives and servers. Also, it offers the
advantage of location facility as such type of services can be easily accessed through the
internet. The public cloud services offer elasticity as such type of services availed can
be scaled up or down in no matter of time to meet the demand of computing at that
particular point of time. This results in affordability of public cloud services, and
users pay only for what they use, and in turn minimize the hardware and costs related to
IT. Also, public cloud services are simple to use as the users become free from the mess
of managing servers and updating software.
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The global public cloud system infrastructure services market
is slated to touch a value of about US$ 110,350 Mn in the year
2022 and grow at a robust CAGR during the assessment period.
4 Forecast Highlights on Global Public Cloud System Infrastructure Services Market
As per the forecast of Persistence Market Research, the print segment is slated to
touch a value of nearly US$ 11,550 Mn in the year 2022. This represents a robust CAGR
growth during the assessment period of 2017-2022. The print segment is estimated to
account for more than one-tenth of the revenue share of the function segment by the year
2017 and is forecasted to lose market share by 2022 over 2017.
As per the forecast of Persistence Market Research, the BFSI segment will reach a
value of nearly US$ 6,000 Mn in the year 2017. This represents a robust CAGR growth during
the forecast period. The BFSI segment is forecasted to account for one-fifth of the total
revenue share of the vertical segment by the end of the year 2017 and is expected to gain
in market share by 2022 as compared with the year 2017.
As per the forecast of Persistence Market Research, the large enterprise segment is
slated to reach a value of nearly US$ 63,700 Mn in 2022. The large enterprise segment is
expected to lose market share by the end of the year 2022. The largest share is
contributed by the North America region in the large enterprise segment.
Persistence Market Research forecasts the US public cloud system infrastructure
services market to grow from US$ 7,375.6 Mn in 2017 to US$ 30,545.6 Mn in 2022. This
represents a compound annual growth rate (CAGR) of 32.9% from 2017 to 2022.
A sample of this report is available upon
The report has also included the profiles of some of the leading companies in the
public cloud system infrastructure services market like VMware, Inc., Microsoft
Corporation, Amazon Web Services Inc., Cisco Systems, Inc. International Business Machines
Corp, AT&T Inc. Alphabet, Inc., CenturyLink, Inc., Rackspace Hosting, Inc. and Fujitsu
Global Public Cloud System Infrastructure Services Market Report is available
[https://www.persistencemarketresearch.com/checkout/18412 ] for US$ 4,900
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