Public Cloud Market Outlook:
Public Cloud Market size was valued at USD 773.9 billion in 2025 and is projected to reach USD 2.43 trillion by the end of 2035, rising at a CAGR of 13.6% during the forecast period, i.e., 2026-2035. In 2026, the industry size of public cloud is evaluated at USD 879.1 billion.
Digital transformation initiatives, shift to remote work, adoption of AI, machine learning, and big data analytics are some of the key factors driving the market growth significantly. Besides, the public cloud technologies are embedded in national science, research, and AI infrastructure, which efficiently strengthens the long-term market growth and adoption. In this context, the U.S. National Science Foundation in August 2025 announced a funding opportunity of up to USD 100 million to establish a national network of AI-programmable cloud laboratories, which is aimed at accelerating automated scientific discovery and innovation. The NSF PCL Test Bed will enable remotely accessible, AI-enabled labs to test, validate, and scale technologies, initially focusing on biotechnology and materials science. This is aligned with the White House AI Action Plan and supports AI integration across all stages of experimentation, improving efficiency and data analysis, hence positively influencing market growth.
Furthermore, businesses are leveraging the public cloud to modernize their legacy systems, streamline operations, and innovate at a faster pace. Public cloud adoption is being accelerated as service providers strengthen their consulting, implementation, and industry-specific capabilities. These factors, in addition to growth initiatives undertaken by global public cloud market leaders, are also boosting the industry expansion in the years ahead. In this context, Accenture in January 2023 announced that it had acquired Inspirage, which is an Oracle Cloud specialist headquartered in Bellevue, Washington, to strengthen its digital supply chain and Oracle Cloud capabilities. The deal will enable Accenture’s Oracle Business Group to enhance expertise in supply chain management and emerging technologies such as digital twins and touchless supply chains. This strategic acquisition supports Accenture’s ability to help product-centric enterprises modernize operations and accelerate innovation using public cloud–based Oracle solutions, thereby supporting market growth.
