The Public Cloud Services Market, according to Technavio, is expected to grow at a CAGR of 22.7% between 2023 and 2028, reaching a value of USD 1.37 billion. This surge is driven by the increasing demand for flexible and scalable IT solutions. With industries such as finance, healthcare, and e-commerce shifting towards cloud-based services, the market is witnessing a transformation. SaaS solutions, in particular, offer businesses the advantage of reduced costs and simplified operations, fueling their adoption across various sectors.
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