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Public Cloud Services Market to Grow by USD 1.7 Trillion (2025-2029), Increasing Number of Data Center Hyperscale and Colocation Providers Boost the Market, with AI Impacting Trends – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global public cloud services market size is estimated to grow by USD 1.7 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  23.1%  during the forecast period. Increasing number of data center hyperscale and colocation providers is driving market growth, with a trend towards strategic partnerships and collaborations among market participants. However, vendor lock-in and operational complexities  poses a challenge. Key market players include Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Rackspace Technology Inc., Salesforce Inc., SAP SE, ServiceNow Inc., Tencent Holdings Ltd., Verizon Communications Inc., VMware Inc., and Workday Inc..

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Public Cloud Services Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 23.1%

Market growth 2025-2029

USD 1707.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

22.3

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 59%

Key countries

US, Canada, Germany, China, UK, France, India, Italy, Japan, and Brazil

Key companies profiled

Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Rackspace Technology Inc., Salesforce Inc., SAP SE, ServiceNow Inc., Tencent Holdings Ltd., Verizon Communications Inc., VMware Inc., and Workday Inc.

Market Driver

Public cloud services have become a game-changer in the business world, allowing enterprises to access high-level computing resources over the public internet. This IT model offers utility-based sharing, enabling agile deployment and cost savings. Big data, ML, and AI are key trends driving cloud adoption, providing valuable insights for businesses. Consumer experiences are at the forefront, with SaaS leading the way for applications like Video-on-Demand (VoD) and Software as a Service (SaaS) in various sectors, including healthcare, where patient data security is paramount. Hybrid cloud solutions offer a balance between public and private cloud, ensuring data security for business-sensitive information. The workplace shift towards work-from-home models and the rise of smart technologies have accelerated digital transformation. Emerging technologies like IoT, automation, and next-generation technologies are revolutionizing industries, from healthcare to transportation, creating new opportunities. Cloud infrastructure services, including data management and security solutions, are essential for businesses navigating this digital landscape. As technology consumerization continues, enterprises must prioritize data security, ensuring firewalls and intranets protect their valuable information. Small and medium-sized businesses can also benefit from cloud services, leveling the playing field in the Fourth Industrial Revolution. 

The public cloud services market is highly competitive, with existing vendors seeking strategic partnerships and collaborations to gain an edge. These alliances with infrastructure, software, technology, and platform providers facilitate product development, geographic expansion, and access to technological expertise. Vendors can explore new opportunities in various sectors such as IT and telecom, BFSI, retail, healthcare, manufacturing, media and entertainment, and government organizations. Notable vendors like SAP and Salesforce are leveraging these collaborations to expand their customer base and generate revenue through software sales. 

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 Market Challenges

Public cloud services have revolutionized the IT industry, enabling enterprises to access high-level computing resources over the public internet. However, this model comes with challenges. Managing big data and implementing ML and AI require advanced capabilities. Agile deployment and security are critical concerns, especially for business-sensitive data. Utility-based sharing models offer cost savings but raise concerns around data management and security. Emerging technologies like IoT and digitalization are driving the need for cloud services in various sectors, including healthcare. SaaS and VoD are popular applications. However, hybrid cloud solutions are increasingly preferred for their flexibility. The work-from-home model and smart technologies have accelerated digital transformation. Cloud infrastructure services are essential for next-generation technologies like AI and ML. Data security is paramount, with firewalls and security solutions essential for protecting business-sensitive information. Small and medium-sized businesses are adopting cloud services for cost savings and agility. The fourth industrial revolution brings new opportunities and challenges, requiring a shift from traditional data centers to cloud infrastructure. The consumerization of technology and the rise of connected devices demand and secure cloud services.Public cloud services offer numerous benefits to businesses, including flexibility, scalability, and cost savings. However, there is a potential downside to consider: vendor lock-in. This term refers to the difficulty in transitioning from one cloud vendor to another once data or applications have been stored on a specific platform. Applications built using proprietary tools and services can make it particularly challenging to switch providers. This dependence on a single vendor can limit a business’s ability to explore other technology solutions and potentially result in higher costs in the long run. It is essential for businesses to carefully evaluate their cloud strategy and consider the potential for vendor lock-in before making a commitment to a specific cloud provider.

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Segment Overview 

This public cloud services market report extensively covers market segmentation by  

Service 1.1 SaaS1.2 IaaS1.3 PaaSType 2.1 SMEs2.2 Large enterpriseGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and AfricaEnd User

1.1 SaaS-  SaaS, or Software as a Service, is a cloud computing model that enables users to access software applications and associated data through a web browser, eliminating the need for hardware purchases and management. The popularity of SaaS due to the increasing use of mobile devices and the rise of instant messaging and social media in businesses. SaaS offers several advantages, including easy access to enterprise applications, a pay-as-you-go model, and the ability to access software from anywhere. Microsoft Office 365 and Slack are examples of public SaaS solutions that offer various applications such as ERP, CRM, and HRM. Public SaaS vendors also provide IaaS and PaaS services to ensure the smooth running of SaaS applications. The use of public SaaS is on the rise due to its elasticity, scalability, and simplified access to advanced technologies like AI, big data, and IoT. These factors are driving the growth of the global public cloud services market, particularly the SaaS segment, during the forecast period.

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Research Analysis

The Public Cloud Services market is experiencing exponential growth, driven by the increasing adoption of cloud computing and next-generation technologies. Cloud services, including Big Data and Machine Learning, are transforming businesses by enabling Agile deployment, Utility-based sharing models, and High-level computing. Security is a top priority, with advanced Security solutions such as Firewalls and AI-powered threat detection systems ensuring Data security for Business-sensitive data. Cloud Infrastructure services are essential for Digital transformation, powering industries like Healthcare, Automation, IoT, and Connected devices. AI and ML are revolutionizing Consumer experiences, from personalized recommendations to predictive maintenance. Cloud services are also integral to the rollout of Next-generation technologies like Big Data analytics and Smart electric vehicles. The Internet is the backbone of this digital revolution, with Cloud services providing the infrastructure for Data management and Next-generation applications.

Market Research Overview

The Public Cloud Services Market refers to the delivery of IT resources and services over the Public Internet, enabling enterprises to access and utilize technology on a utility-basis. This model is revolutionizing the way businesses operate, with the adoption of Big Data, ML (Machine Learning), AI, and Cloud Services becoming increasingly popular. Agile deployment and security are key considerations, with advanced security solutions such as firewalls and encryption ensuring data management and protection of business-sensitive data. The market is witnessing significant growth due to the emergence of emerging technologies like IoT, AI, and ML, which require high-level computing power and data storage. The Fourth Industrial Revolution, characterized by technology consumerization and the work-from-home model, is driving the demand for cloud infrastructure services. Sectors like healthcare, with the use of telemedicine, Patients’ VoD, and digitalization, are also benefiting from this shift. Small and medium-sized businesses are also embracing cloud services for their cost-effectiveness and flexibility, leading to a growing market for Software-as-a-Service (SaaS) offerings. The workplace shifts towards smart technologies and automation are further fueling the demand for cloud services, with the Internet of Things (IoT) and Big Data Analytics playing a crucial role in this transformation. Cloud services are enabling digital transformation across industries, from connected devices and smart electric vehicles to the healthcare sectors, and are a critical component of the next-generation technologies shaping our world.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceSaaSIaaSPaaSTypeSMEsLarge EnterpriseGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaEnd User

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Charter to Participate in Citi Global TMT Conference

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STAMFORD, Conn., Sept. 1, 2026 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) today announced that Jessica Fischer, Chief Financial Officer, will participate in the Citi Global TMT Conference in New York, New York on Thursday, September 10, 2026. Ms. Fischer’s remarks are scheduled to begin at 10:50 a.m. ET.

A live webcast of the event can be accessed on Charter’s investor relations website, ir.charter.com. Following the live broadcast, the webcast will be archived at ir.charter.com.

About Charter 
Charter Communications, Inc. (NASDAQ: CHTR) is the leading broadband and video company in the nation and the fastest growing mobile provider in its footprint, with services available to more than 70 million homes and small to large businesses across 45 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.

More information can be found at corporate.charter.com.

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SOURCE Charter Communications, Inc.

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Nauticus Robotics, Inc. Announces Substantially Stronger Q3 Offshore Activity with Both ROV Systems Deployed

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Comanche ROV systems are currently operating on commercial projects in the U.S. Northeast and Gulf Coast  

HOUSTON, Sept. 1, 2026 /PRNewswire/ — Nauticus Robotics, Inc. (NASDAQ: KITT, “Nauticus” or the “Company”), a developer of autonomous subsea robots and autonomy software, today announced that both of its Comanche remotely operated vehicle (ROV) systems are currently operating on commercial offshore projects, reflecting substantially stronger offshore activity during the third quarter of 2026.

Nauticus is experiencing a substantially stronger third quarter based on commercial ROV activity to date. Both of the Company’s Comanche ROV systems are currently deployed on customer projects. One is working in the U.S. Northeast in support of offshore wind development, while the second is performing platform inspection work off the U.S. Gulf Coast.

The concurrent deployments represent increased utilization of the Company’s ROV assets and place both Comanche systems in active commercial operations simultaneously. The projects also represent commercial activity in two distinct U.S. offshore markets.

In addition to the current deployments, Nauticus has submitted bids and proposals for ROV projects across multiple locations in both the U.S. and international offshore markets. These bids and proposals are not included in the operating activity described in this release, and no assurance can be given that any prospective project will result in a contract or commercial activity.

“Having both Comanche ROV systems working commercially is an important operating milestone for Nauticus,” said Steve Walsh, Vice President of Sales at Nauticus. “Today, we have active commercial operations in both the Northeast and Gulf Coast, with both systems and our offshore personnel supporting customer projects. The level of activity we are experiencing during the third quarter represents a meaningful improvement in utilization of our ROV assets.”

The operational information presented in this release describes activity as of the date of this announcement. Nauticus does not provide revenue guidance, and the information presented regarding current ROV activity should not be interpreted as a forecast of future financial or operating results.

About Nauticus Robotics, Inc.

Nauticus Robotics, Inc. develops autonomous robots for the ocean industries. Autonomy requires the extensive use of sensors, artificial intelligence, and effective algorithms for perception and decision-making allowing the robot to adapt to changing environments. The company’s business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus has designed and is currently testing and certifying a new generation of vehicles to reduce operational cost and gather data to maintain and operate a wide variety of subsea infrastructure. Besides a standalone service offering and forward-facing products, Nauticus’ approach to ocean robotics has also resulted in the development of a range of technology products for retrofit/upgrading traditional ROV operations and other third-party vehicle platforms. Nauticus’ services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure. www.nauticusrobotics.com

Cautionary Language Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Act”), and such statements are intended to enjoy the protection of the safe harbor for forward-looking statements provided by the Act as well as protections afforded by other federal securities laws. Such forward-looking statements include but are not limited to: the expected timing of product commercialization or new product releases; customer interest in Nauticus’ products; estimated operating results and use of cash; and Nauticus’ use of and needs for capital. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends,” or “continue” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Nauticus’ management’s current expectations and beliefs, as well as a number of assumptions concerning future events. There can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Nauticus is not under any obligation and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports which Nauticus has filed or will file from time to time with the Securities and Exchange Commission (the “SEC”) for a more complete discussion of the risks and uncertainties facing the Company and that could cause actual outcomes to be materially different from those indicated in the forward-looking statements made by the Company, in particular the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in documents filed from time to time with the SEC, including Nauticus’ most recent Annual Report on Form 10-K filed with the SEC and Quarterly Reports on Form 10-Q filed with the SEC from time to time. Should one or more of these risks, uncertainties, or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The documents filed by Nauticus with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov.

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SOURCE Nauticus Robotics, Inc.

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The Most Important Commute by Zum Founder and CEO Ritu Narayan Named #1 Amazon Bestseller in Education Administration

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New book makes the case that reliable student mobility is fundamental to access to education

REDWOOD CITY, Calif., Sept. 1, 2026 /PRNewswire/ — The Most Important Commute, the new book by Zūm Founder and CEO Ritu Narayan, has reached #1 on Amazon’s bestseller list in Education Administration, underscoring growing recognition of student mobility as a critical part of educational access and outcomes.

Every day, approximately 26 million students rely on school buses to get to and from school, making student mobility one of the largest mass mobility systems in the United States. Yet the system has historically operated with fragmented technology, limited visibility and outdated infrastructure.

In The Most Important Commute, Narayan draws on more than a decade building Zum and working with school districts, families, drivers and transportation leaders to examine why the journey to school is much more than a transportation challenge—it is an education issue.

“Every conversation about improving education starts in the classroom, but for millions of students, access to education begins long before they walk through the school doors,” said Narayan. “The school bus is the bridge between a child and everything education can make possible. Seeing The Most Important Commute reach #1 in Education Administration reinforces how important this conversation has become.”

The book highlights transformations underway in school districts across the country and explores how technology, AI and modern operations can improve reliability, reduce student commute times, provide greater transparency for families and make transportation systems more efficient.

“Zum’s track record, along with its enhanced communication and equity-focused decision making, has greatly benefited our students, families and drivers,” said Dr. Jennifer Collier, Superintendent of Kansas City Public Schools. “It has been a game-changer for KCPS and our community.”

Today, Zum supports more than 6,500 schools across 19 states through Zum CMX™, its unified, AI-powered operating system purpose-built for student mobility.

“The story of student mobility is ultimately a story about opportunity,” Narayan said. “When a child can count on getting to school safely and reliably every day, an entire world opens up to them. That is why this is—and always will be—the most important commute.”

The Most Important Commute is available on Amazon.

To learn more about how Zum is leading the nation in redefining student mobility, visit www.ridezum.com.

About Ritu Narayan

Ritu Narayan is the Founder and CEO of Zum, a technology entrepreneur and working mother who founded Zum after experiencing firsthand the challenges families face getting children safely and reliably to and from school. Under her leadership, Zūm has grown to support more than 6,500 schools across 19 states.

About Zum

Zum is redefining mass mobility with Zum CMX, which connects and coordinates people, vehicles, and operations in real time. In the student mobility market, Zum is addressing a daily source of anxiety and disruption by providing a reliable, transparent, and efficient mobility experience for students and families. Learn more at www.ridezum.com. Today, more than 6,500 schools in 199 states have relied on the Zum CMX™ system.

Media Contact

Jenny Mayfield
VP, Communications, Zum
press@ridezum.com 

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SOURCE Zūm

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