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.
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