United States Public Cloud Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 9.20% (2024-2032)
The public cloud sector in the U.S. continues to grow rapidly, driven by innovation, scalability, and increasing enterprise adoption. According to the latest report by IMARC Group, the United States public cloud market size is projected to exhibit a growth rate (CAGR) of 9.20% during 2024-2032.
United States Public Cloud Trends and Drivers:
The public cloud market in the U.S. is growing quickly. This growth comes from more industries adopting cloud-based solutions. Businesses are choosing public cloud services. These services boost operations and improve customer experience. They also drive innovation because of their scalability, flexibility, and cost-efficiency. Big names dominate this market. For instance, AWS, Microsoft Azure, and Google Cloud Platform (GCP) are the top players. These players keep adding new products. They use technologies such as AI, ML, and IoT integrations. SMEs are also joining this revolution. This change gives them an edge over traditional on-premises setups. The COVID-19 pandemic has greatly affected organizations. It pushed them to adopt digital transformation. As a result, many started using remote cloud-based tools to collaborate.
New trends in the U.S. public cloud market include multi-cloud and hybrid cloud strategies. Companies want to avoid vendor lock-in. They also aim to optimize their cloud setups for different workloads. Multi-cloud adoption helps businesses spread their apps and data across different cloud providers. This boosts resilience and lowers the risk of downtime. Hybrid cloud solutions are becoming popular. They combine public cloud with private cloud or on-premises systems. Many businesses want these solutions to have better control over sensitive data. They also help meet strict regulatory requirements. Cloud security and compliance are now very important. Threats are getting smarter, so this trend is crucial. Cloud providers are investing heavily in security. They focus on features like encryption, identity management, and threat detection. These tools help tackle security concerns effectively. Also, edge computing and public cloud platforms are shaking things up. They are transforming real-time data processing and cutting down latency. This is especially important for applications like autonomous vehicles and smart cities.
Download sample copy of the Report: https://www.imarcgroup.com/united-states-public-cloud-market/requestsample
United States Public Cloud Industry Segmentation:
The report has segmented the market into the following categories:
Service Insights:
Infrastructure as a Service (IaaS)
Platform as a Service (PaaS)
Software as a Service (SaaS)
Enterprise Size Insights:
Large Enterprises
Small and Medium-Sized Enterprises
End Use Insights:
BFSI
IT and Telecom
Retail and Consumer Goods
Manufacturing
Energy and Utilities
Healthcare
Media and Entertainment
Government and Public Sector
Others
Regional Insights:
Northeast
Midwest
South
West
Competitive Landscape:
The competitive landscape of the industry has also been examined, along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current, and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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Phone Number: +1-631-791-1145
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