Public Cloud Services

Global Public Cloud Services Market to Reach US$1.7 Trillion by 2030

The global market for Public Cloud Services estimated at US$643.5 Billion in the year 2024, is expected to reach US$1.7 Trillion by 2030, growing at a CAGR of 17.1% over the analysis period 2024-2030. Software as a Service (SaaS), one of the segments analyzed in the report, is expected to record a 14.7% CAGR and reach US$739.5 Billion by the end of the analysis period. Growth in the Infrastructure as a Service (IaaS) segment is estimated at 21.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$173.4 Billion While China is Forecast to Grow at 22.2% CAGR

The Public Cloud Services market in the U.S. is estimated at US$173.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$375.8 Billion by the year 2030 trailing a CAGR of 22.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 13.0% and 14.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.

Global Cloud Professional Services Market - Key Trends and Drivers Summarized

Cloud Professional Services: Enabling Businesses to Harness the Power of the Cloud

Cloud Professional Services encompass a range of specialized services designed to help organizations adopt, manage, and optimize their cloud computing environments. These services include cloud consulting, migration, management, and optimization, as well as specialized services such as cloud security, compliance, and disaster recovery. Cloud Professional Services are critical for organizations looking to leverage the benefits of cloud computing, such as scalability, flexibility, and cost savings, without the complexities of managing cloud infrastructure on their own. By providing expert guidance and support, Cloud Professional Services enable businesses to efficiently transition to the cloud, optimize their cloud resources, and ensure that their cloud environments are secure, compliant, and aligned with their business objectives.

How Are Technological Advancements Enhancing Cloud Professional Services?

Technological advancements have significantly enhanced the capabilities and scope of Cloud Professional Services, making them more effective in helping organizations manage their cloud environments. The development of advanced cloud management platforms has streamlined the monitoring, optimization, and automation of cloud resources, enabling service providers to deliver more efficient and cost-effective solutions. The integration of artificial intelligence (AI) and machine learning into cloud services has enabled predictive analytics and automated decision-making, helping organizations optimize their cloud performance and costs more effectively. Advances in cloud security technologies have improved the ability of Cloud Professional Services to protect organizations` data and applications from cyber threats, ensuring compliance with industry regulations. Additionally, the rise of hybrid and multi-cloud environments has expanded the role of Cloud Professional Services in helping organizations manage complex, distributed cloud infrastructures. These technological improvements are driving the adoption of Cloud Professional Services across various industries, helping businesses maximize the value of their cloud investments.

What Are the Key Applications and Benefits of Cloud Professional Services?

Cloud Professional Services are used across a wide range of industries and business functions, offering numerous benefits that enhance cloud adoption, management, and optimization. In the financial services sector, Cloud Professional Services help organizations migrate their critical applications to the cloud, ensuring compliance with regulatory requirements and optimizing costs. In the healthcare industry, these services support the secure management of patient data and the deployment of cloud-based healthcare applications, improving care delivery and operational efficiency. The retail sector relies on Cloud Professional Services to manage and optimize their e-commerce platforms, enabling scalability and enhancing customer experience. The primary benefits of Cloud Professional Services include improved cloud performance, enhanced security and compliance, cost optimization, and reduced complexity. By providing expert guidance and support, Cloud Professional Services enable organizations to fully realize the benefits of cloud computing while minimizing the risks and challenges associated with cloud adoption.

What Factors Are Driving the Growth in the Cloud Professional Services Market?

The growth in the Cloud Professional Services market is driven by several factors. The increasing adoption of cloud computing across various industries is a significant driver, as organizations require expert support to manage and optimize their cloud environments. Technological advancements in cloud management, security, and automation are also propelling market growth, as these innovations enhance the capabilities of Cloud Professional Services. The rising focus on digital transformation and the growing complexity of IT environments are further boosting demand, as businesses seek to leverage the cloud to drive innovation and improve operational efficiency. Additionally, the expansion of hybrid and multi-cloud deployments is contributing to market growth, as organizations require specialized services to manage their distributed cloud infrastructures. The increasing emphasis on cloud security and compliance, coupled with the growing need for cost optimization and resource management, is also supporting the growth of the Cloud Professional Services market. These factors, combined with continuous innovation in cloud technology, are driving the sustained growth of the Cloud Professional Services market.

SCOPE OF STUDY:

The report analyzes the Public Cloud Services market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Service Model (Software as a Service (SaaS), Infrastructure as a Service (IaaS), Platform as a Service (PaaS)); End-User (BFSI End-User, Manufacturing End-User, IT & Telecom End-User, Retail & Consumer Goods End-User, Healthcare End-User, Energy & Utilities End-User, Other End-Users)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 19 Featured) -

• /n Software Inc.
• 1Kosmos Inc.
• alpstein-IT
• Avenga
• Axle Cloud
• BDO USA LLP
• BigRock Solutions Pvt., Ltd.
• BlazingCDN
• BMIT Technologies
• BreakFree Solutions

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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