Cloud computing facilitates range of services that include robust server networking, efficiency, analytics and others. The number of cloud service suppliers is growing at rapid pace owing to element of lucrativeness that technology currently holds. As more and the more enterprises and the micro business entities shift towards the digitization, cloud services find novel opportunities. Such factors are anticipated to play crucial role in guiding course of global public cloud market over next couple of years. Moreover, development of internet-of-things (IoT) is reflecting favourably on cloud deployments. Policymakers, particularly in the fast-developing countries are presenting new frameworks to improve the digitization and facilitate low-cost services for citizens. As public cloud facilities are usually free, their popularity stays to rise in countries such as Brazil, India and China. Outlook remains positive for the public cloud market, with avenues of growth expected to emanate in near future.
Cloud computing has developed into vast and complex ecosystem of the products, technologies, and services. Giving rise to multi-billion dollar economy where many of the cloud providers compete for ever-expanding cloud market share.
Amazon reported its cloud division revenue augmented 35% in third quarter 2019, which was down from over 37% in the previous quarter, and slowest growth rate in the five years. AWS completed its third-quarter with over $9 billion in the revenue. Each of three previous quarters also showed decline in the growth.
Microsoft followed AWS’s report with the Azure reporting revenue growth rate of over 59%. In similar vein to that of AWS, and was down on previous quarter which was over 64% and down from about 76% from year ago. While the company doesn’t break out specific income amounts for the Azure, the company did report that “Intelligent Cloud” business sales increased 27% to over $10.8 billion, with the revenue from server products and the cloud services increasing over 30%.
Similarly, next company, the Google’s GCP falls into the Alphabets revenue bucket, which includes the Google Play and hardware. GCP had highest revenue. Other revenue was over $6.43 billion in Q3, which was 39% increase above $4.64 billion year ago. There is no uncertainty that cloud business is largest of three for the company.
As we enter next decade number of market watchers are wondering about what reported slowdown in development means for public cloud market share. As has been extensively observed in the other markets a truism that as hyper-scale is attained growth rates will decline. Though, even with overall reduction in growth they still exceed practically every other area within broader technology market. As Q3 2019, overall quarterly run rate size for the industry was $25 billion, implying annual run rate is now above $100 billion and is still growing fast. It’s improbable that there are numerous other markets with the better prospects going into the next year.
Key Players Public Cloud Market
- Cisco Systems
Public Cloud Market By Product
- Cloud Billing
- Cloud Communication Platform
- Cloud Access Security
- Cloud High Performance Computing
- Cloud Infrastructure
- Aerospace and Defense
- It & Telecommunication
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- Rest of LAMEA
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Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organizationFIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.Forecast Model