Public Cloud Application Infrastructure Services Market Analysis and Latest Trends

Public cloud application infrastructure services refer to the set of cloud-based services that provide the necessary infrastructure and platform environment for the development, deployment, and management of applications. These services include compute resources, storage, networking, and development tools required to run various types of applications and services on the cloud.

The market for public cloud application infrastructure services has been witnessing significant growth in recent years and is expected to continue growing at a steady pace. Factors driving this growth include the increasing adoption of cloud computing across various industries, the need for scalable and cost-effective infrastructure solutions, and the rising demand for public cloud services.

One of the key trends in the public cloud application infrastructure services market is the growing popularity of serverless computing. Serverless computing allows developers to build and run applications without the need to manage servers or infrastructure. This trend is gaining traction due to its ability to simplify the development and deployment process, reduce costs, and improve scalability.

Another trend in the market is the increasing use of containerization technologies such as Docker and Kubernetes. Containers provide a lightweight and portable solution for packaging and deploying applications, making them easier to manage and scale in a cloud environment. This trend is driven by the need to improve application agility, scalability, and resource utilization.

Furthermore, the market is also witnessing a rise in the adoption of artificial intelligence (AI) and machine learning (ML) technologies in public cloud application infrastructure services. AI and ML are being used to enhance automation, optimize resource allocation, and improve performance and reliability.

In conclusion, the public cloud application infrastructure services market is anticipated to experience significant growth in the coming years. The increasing adoption of cloud computing, the rise of serverless computing and containerization technologies, and the integration of AI and ML are some of the key trends driving this growth. The market is expected to grow at a CAGR of 7.6% during the forecast period.

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Public Cloud Application Infrastructure Services Major Market Players

The public cloud application infrastructure services market is highly competitive, with several key players dominating the industry. Some of the major companies in this market include Amazon Web Services Inc, Alphabet Inc, International Business Machines Corp, Microsoft Corporation, Oracle Corp, ServiceNow, Salesforce.com, VMware, NetSuite, Red Hat, and Google.

Amazon Web Services Inc (AWS) is a leading player in the public cloud application infrastructure services market, holding a significant market share. AWS offers a comprehensive range of cloud services, including compute power, storage, content delivery, and database services. The company has shown consistent growth over the years, with a reported revenue of $35.03 billion in 2019, a 37% increase from the previous year.

Microsoft Corporation is another major player in the market, known for its Azure cloud platform. Azure provides a wide range of cloud services and has gained significant traction in the market. In 2019, Microsoft reported a revenue of $39.03 billion from its Intelligent Cloud segment, which includes Azure and other cloud-related services. The company has been experiencing steady growth in its cloud business, and its market share has been expanding.

Oracle Corp is also a key player in the public cloud application infrastructure services market, offering its Oracle Cloud Infrastructure (OCI) platform. Oracle has been making significant investments in its cloud business to compete with the market leaders. The company reported a revenue of $39.07 billion in 2019, with its cloud services showing considerable growth.

ServiceNow is a cloud computing company that specializes in IT service management and workflow automation. It offers a range of cloud-based applications and has been experiencing substantial growth in the public cloud application infrastructure services market. In 2019, ServiceNow reported a revenue of $3.47 billion, a 34% increase from the previous year.

Salesforce.com is a leading player in customer relationship management (CRM) software, and it also offers a cloud-based platform for application development and hosting. Salesforce.com reported a revenue of $17.1 billion in 2019, with its cloud services gaining significant market traction.

In conclusion, the public cloud application infrastructure services market is dominated by several major players, including AWS, Microsoft, Oracle, ServiceNow, and Salesforce.com. These companies have shown consistent growth and continue to expand their market share. With the increasing adoption of cloud services, the overall market size for public cloud application infrastructure services is expected to continue growing in the future.

What Are The Key Opportunities For Public Cloud Application Infrastructure Services Manufacturers?

The Public Cloud Application Infrastructure Services market is experiencing significant growth and is expected to continue its upward trajectory in the future. As businesses increasingly adopt cloud computing solutions, the demand for application infrastructure services in the public cloud is surging. These services include database management systems, storage services, application platforms, and integration services. Factors driving this market include reduced costs, scalability, and flexibility offered by public cloud providers. Additionally, the increasing adoption of advanced technologies like AI and machine learning within applications further fuels the demand for these services. With the continuous innovation and advancements in cloud technologies, the future outlook for the Public Cloud Application Infrastructure Services market is highly promising.

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Market Segmentation