Technology Updates Public Cloud Service | Page 2

Moreover, growing demand to maintain the patient related data in a secure manner has led to an upsurge in adoption of cloud services in the healthcare industry. By vertical type, the healthcare segment is projected to reflect the highest CAGR in the global market of public cloud services during the predicted period. Apart from healthcare industry, public cloud services also witness considerable demand among the financial institutions for faster transactions and processing of the banking services. By vertical type, the BFSI segment is projected to represent a relatively high growth in terms of revenue, representing more than US$ 45,000 Mn in the global market by the end of 2022. Demand for the public cloud services is projected to remain significantly high in several enterprises. The large scale enterprise segment, by enterprise type is projected to represent the highest revenue growth, accounting for over US$ 47,000 Mn. However, as compared to other enterprise type segment, the small enterprises is projected to reflect the robust CAGR in the public cloud service market globally through 2022. Market Players Major players in the global market of public cloud services are Microsoft Corp., Alphabet, Inc., Machines Corp., International Business, CenturyLink, Inc., Oracle Corp., salesforce.com, Inc., Amazon Web Services Inc, Adobe Systems, Inc., Red Hat, Inc., and VMware, Inc. About Us: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer expe