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.

Download sample copy of the Report: https://www.imarcgroup.com/united-states-public-cloud-market/requestsample

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.

United States Public Cloud Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest United States public cloud market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

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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