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Huge Growth in Public Cloud Market

Huge Growth in Public Cloud Market

A public cloud is an offering in which a service provider offers cloud computing resources to the general public over the internet. Service providers generally offer public cloud services on a pay-per-usage basis. Any type of service can be offered over a public cloud including software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS). Public cloud services are scalable which result in optimum utilization of resources. Prominent public cloud offerings include Amazon Elastic Compute Cloud (EC2), IBM SmartCloud, Google App Engine and Windows Azure.

According to a report, Global Public Cloud Market 2012-2016 , global public cloud market will grow at a compound annual growth rate (CAGR) of 29.9% by 2016. The need to reduce overall expenditure on IT infrastructure is the key factor which contributes to the growth of public cloud market. For public cloud service providers, the biggest challenge is the privacy of data in the cloud infrastructure.

Market Analysis on public cloud service:

Market Analyst offers more than 20 reports on public cloud, including:

Public Cloud Computing Market for SMBs in India
Global Public Cloud Market in Small and Medium-sized Businesses 2012-2016
Global Public Cloud Market 2012-2016
Global Public Cloud Services Market 2011-2015

Learn more about market research reports on public cloud.