What is Public Cloud?

The Public Cloud Market refers to the ecosystem of digital infrastructure, platforms, and services hosted by third-party providers and delivered over the internet for shared use by enterprises, SMBs, and individuals. It has transitioned from a cost-effective IT utility to a strategic foundation for digital transformation across industries.

The market is redefining how organizations approach agility, scalability, and innovation. With easy access, reduced IT complexity, safe deployment environments, and expansive service portfolios, public cloud platforms offer New, Easy, Safe, and Big opportunities for both legacy and digital-first enterprises.

Market Size:

Public Cloud Market was valued at USD 640 billion in 2024 and is projected to reach a market size of USD 949.75 billion by 2030 at a CAGR of 16.8%.

Key Market Players

•    Google
•    IBM
•    Microsoft
•    Oracle
•    Salesforce, Inc.
•    Alibaba Cloud
•    Amazon Web Services, Inc.
•    Tencent
•    Broadcom
•    SAP

Case Study: 

Salesforce’s cloud-based CRM ecosystem empowered global businesses with real-time customer intelligence, creating a distinct edge in sales productivity and client engagement—its multi-tenant model made deployment scalable and customization seamless.

Key Statistics and Trends:

•    Over 90% of enterprises use some form of cloud service
•    Developers deploy over 1 million serverless functions daily
•    SaaS applications account for over 70% of total cloud workloads

Market Segmentation:

By Type

•    Infrastructure as a Service (IaaS)
•    Platform as a Service (PaaS)
•    Software as a Service (SaaS)
•    Functions as a Service (FaaS) / Serverless Computing
•    Cloud Business Process Services (BPaaS)
•    Cloud Management and Security Services
•    Cloud Advertising Services
•    Others

By End User

•    Banking, Financial Services, and Insurance (BFSI)
•    Information Technology and Telecommunications
•    Government and Public Sector
•    Healthcare and Life Sciences
•    Manufacturing
•    Retail and Consumer Goods
•    Energy and Utilities
•    Media and Entertainment
•    Education
•    Transportation and Logistics
•    Others

What’s in It for You?

•    Pinpoint monetization opportunities across IaaS, PaaS, and SaaS layers
•    Identify untapped demand pockets by industry verticals
•    Strategically benchmark against leading players’ value propositions
•    Inform cloud-native product development strategies
•    Decode enterprise adoption barriers and readiness factors