As of 2025, surveyed technical executives, managers, and practitioners of cloud technologies from around the world indicated that the biggest challenges of using cloud computing technology within their organizations were related to managing cloud spend. Around ** percent of respondents found managing cloud spend to be a significant challenge. Other commonly cited challenges included security, governance, and lack of resources/expertise. Cloud computing Cloud computing is a technology that allows organizations of all sizes to take advantage of advanced computing and data storage resources without the need to manage hardware themselves. Large data centers rent space and processing power to numerous clients and provide companies with flexibility and scalability, which can lead to more innovation and increased time to market. The global public cloud computing services market is forecast to bring in revenues of over *** billion U.S. dollars in 2024. Different cloud computing models There are various cloud computing models in use around the world: public clouds that rent resources to multiple customers through the internet, within-enterprise private clouds, and hybrid clouds that incorporate elements of both. The most commonly employed cloud strategy among enterprises is the hybrid cloud, which accounts for around ** percent of these organizations as of 2023. Benefits of hybrid cloud strategies include the ability to store and move data and workloads across environments, among others.

Introduction

Cloud Computing Statistics: Cloud computing has become an essential component of modern business infrastructure, providing organizations with the flexibility, scalability, and cost efficiency necessary to excel in the digital age. It allows businesses to access powerful computing resources without the need for extensive on-site infrastructure, transforming operations across a wide range of industries.

The adoption of cloud services, including Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS), continues to gain momentum as companies embrace digital transformation and incorporate emerging technologies like Artificial Intelligence (AI) and the Internet of Things (IoT).

The need for improved collaboration drives this rapid shift to the cloud, real-time data analysis, and greater operational efficiency, with sectors such as healthcare, finance, retail, and manufacturing leading the way in cloud adoption.

Introduction

AI cloud computing statistics: AI cloud computing is the mix of two ideas: the cloud, which gives you endless storage and computing online, and artificial intelligence. Put them together, and you get a system where anyone, from small startups to large enterprises, can run smart AI tools without purchasing costly hardware. What makes it exciting is the scale: you can train models, analyze data, or deploy AI apps in minutes, all through the cloud.

In this article, I’d like to talk more about AI cloud computing statistics that show how fast it’s growing, how much is being spent, and why it’s becoming the backbone of modern technology. Let’s get started.

In a survey conducted in 2025, around 53 percent of businesses worldwide chose Amazon Web Services (AWS) as their preferred choice of public cloud provider that ran significant workloads. Additionally, 46 percent used Azure to run most of their workloads.

Imagine a company with no physical servers, no bulky machines buzzing in the background, and no expensive on-site infrastructure, just secure, on-demand computing power accessible from anywhere in the world. That’s not a glimpse into the future, it’s the present. From small startups to global enterprises, cloud computing has fundamentally...

As of 2025, around 79 percent of businesses worldwide adopted AWS public cloud services, which was a slight increase from 2024 with 78 percent. Additionally, the second most used public cloud provider was Azure, with 77 percent choosing it in 2025 and 80 percent in the year before.

Introduction

Cloud Computing Statistics: Cloud computing has fundamentally changed the modern business landscape, moving from a niche tech to an indispensable core of global operations. Its ability to offer flexible, scalable, and cost-efficient access to powerful computing resources without the need for extensive on-site infrastructure has driven its widespread adoption. This transformation has touched every sector, from small startups to multinational corporations, and is made by the continuous need for digital agility.

The adoption of cloud services, including Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS), these things are gaining unprecedented momentum. This shift is particularly evident as companies adopt technologies like artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT), which require the massive computational power and storage capabilities that only the cloud can reliably provide. I would like to explain more about cloud computing statistics in this article breaking down the latest and most critical data that shows us the clear picture. Let’s get into it.

In 2023, the Cloud Computing Market reached a value of USD 573.99 billion, and it is projected to surge to USD 1902.66 billion by 2030.

Cloud computing has become the backbone of modern IT infrastructure, enabling businesses to scale, innovate, and manage costs efficiently. Cloud adoption is reaching new heights, underpinning technologies like generative AI and real‑time data analytics. In retail, cloud platforms power omnichannel personalization and inventory automation; in healthcare, they support secure patient...

Cloud Computing Market Size

According to Market.us, The global cloud computing market is set for rapid expansion, projected to rise from USD 629.5 billion in 2023 to approximately USD 2,974.6 billion by 2033, growing at a compound annual growth rate of 16.8%. This growth is supported by the increasing reliance of enterprises on cloud platforms to enhance scalability, flexibility, and cost efficiency.

The Cloud Computing Market centers around the provision of on-demand computing services delivered via the internet. These services include storage, processing power, networking, and software applications that businesses and individuals can access without relying on local servers or personal computers. Cloud computing enables organizations to scale resources dynamically and supports a range of workloads from data storage and web hosting to complex artificial intelligence operations.

“The cloud computing market is redefining digital infrastructure by enabling scalable, on-demand access to computing power, data storage, and advanced services. Its growth reflects a broader shift toward flexibility, cost efficiency, and real-time innovation across industries.† Â

One of the main driving factors in this market is the rising demand for scalable and flexible digital infrastructure. Businesses are increasingly adopting cloud services to support digital transformation initiatives, enable remote work, and harness emerging technologies such as big data analytics, artificial intelligence (AI), and the Internet of Things (IoT). Additionally, enterprises are drawn to cloud solutions because they offer cost efficiencies through pay-as-you-go pricing models, reducing the need for large upfront investments in hardware and software.

https://market.us/wp-content/uploads/2023/11/Global-Cloud-Computing-Market-1024x595.jpg" alt="Global Cloud Computing Market" width="1024" height="595">

According to a report by Radixweb, By 2025, it is expected that 85% of organizations will operate with a cloud-first strategy, while currently, 60% of corporate data is already stored in the cloud. The shift in IT investment priorities is also notable, with forecasts indicating that 51% of IT budgets will transition from traditional systems to cloud-based solutions by 2025. However, challenges around security and complexity remain significant.

Nearly 40% of IT decision-makers seek support from suppliers for cloud security, while 59% of executives are considering moving private customer data and 52% are contemplating the migration of financial data into cloud systems. This underlines both the opportunity and risk associated with cloud adoption.

Sectoral use is widespread, with Retail (96.9%), Media and Entertainment (94.9%), and Finance and Banking (92.8%) ranking highest in cloud utilization. Around 31% of organizations expect more than three-quarters of their workloads to be cloud-based, reflecting the depth of transformation underway. Market leadership remains concentrated, with Microsoft Azure and Amazon Web Services dominating cloud storage adoption, being utilized by more than 73% of surveyed enterprises.

According to a survey conducted in August 2024, ** percent of cloud user companies in Japan used cloud services for file storage and data sharing purposes. The survey also showed that more than half of the surveyed companies used cloud services to share information within the company or for e-mails.

By 2034, the Cloud Computing Market is expected to reach a valuation of USD 7,473.3 billion, expanding at a healthy CAGR of 23.4%.

The global cloud computing market is calculated at a size of US$ 628.6 billion for 2024 and is projected to increase at a noteworthy CAGR of 14.2% to reach US$ 2,371.6 billion by 2034.

Report Attributes	Details
Cloud Computing Market Size (2024E)	US$ 628.6 Billion
Forecasted Market Value (2034F)	US$ 2,371.6 Billion
Global Market Growth Rate (2024 to 2034)	14.2% CAGR
South Korea Market Value (2034F)	US$ 126.6 Billion
Key Companies Profiled	Google LLC IBM Corporation Oracle Corporation Salesforce Adobe Inc. Microsoft Corporation SAP SE Workday, Inc. Alibaba Group Holding Limited Amazon Inc.

Country-wise Analysis

Attribute	United States
Market Value (2024E)	US$ 66.9 Billion
Growth Rate (2024 to 2034)	14.7% CAGR
Projected Value (2034F)	US$ 262.8 Billion

Attribute	China
Market Value (2024E)	US$ 68.9 Billion
Growth Rate (2024 to 2034)	14.2% CAGR
Projected Value (2034F)	US$ 260.2 Billion

Category-wise Analysis

Attribute	Large Enterprises
Segment Value (2024E)	US$ 352 Billion
Growth Rate (2024 to 2034)	13.6% CAGR
Projected Value (2034F)	US$ 1256.9 Billion

Attribute	BFSI
Segment Value (2024E)	US$ 114.6 Billion
Growth Rate (2024 to 2034)	12.6% CAGR
Projected Value (2034F)	US$ 474.3 Billion

The global market for cloud-based value-added services is experiencing robust growth, driven by the increasing adoption of cloud computing across various industries. While precise figures for market size and CAGR are unavailable from the provided data, we can infer substantial expansion based on industry trends. Considering the involvement of major players like Cisco, Huawei, IBM, and Infosys, and the sustained growth of cloud infrastructure, a reasonable estimate for the 2025 market size could be placed at $150 billion, exhibiting a compound annual growth rate (CAGR) of approximately 15% during the forecast period (2025-2033). This growth is fueled by several key drivers, including the rising demand for enhanced security features, improved scalability and flexibility, and cost optimization offered by cloud-based value-added services. The transition to hybrid and multi-cloud environments further intensifies this trend, fostering competition and innovation within the sector. Furthermore, emerging trends such as AI-powered automation within cloud services, edge computing integration, and the increasing demand for personalized cloud solutions contribute significantly to the market's upward trajectory. Despite the overall positive outlook, challenges remain, including concerns about data security and privacy, the complexity of cloud management, and the potential for vendor lock-in. However, ongoing advancements in technology and the development of robust security measures are expected to mitigate these restraints, ensuring the continued expansion of the cloud-based value-added services market. The segmentation of this market (data not provided) likely involves various service types, such as security, data analytics, and backup solutions, further contributing to the overall market complexity and opportunities for growth.

The Canadian cloud computing market is experiencing robust growth, projected to reach $39.69 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 16.64% from 2025 to 2033. This expansion is driven by several key factors. Firstly, increasing digital transformation initiatives across various sectors, including BFSI, healthcare, and government, are fueling the demand for scalable and flexible cloud solutions. Secondly, the rising adoption of cloud-based services like Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) is significantly contributing to market growth. Furthermore, the growing preference for hybrid cloud models, combining the benefits of both public and private clouds, is another important driver. Large enterprises are leading the adoption, but SMEs are increasingly recognizing the cost-effectiveness and efficiency gains offered by cloud technologies, further broadening the market base. While data security concerns and potential vendor lock-in remain as restraints, the overall market outlook remains positive, indicating strong potential for continued expansion throughout the forecast period. The market segmentation reveals a diverse landscape. Public cloud services dominate, reflecting the widespread adoption of SaaS applications and the ease of access to infrastructure resources. However, the private and hybrid cloud segments are also experiencing growth, driven by organizations prioritizing data security and control. Across end-user industries, the BFSI, healthcare, and government sectors are demonstrating particularly strong adoption rates, driven by their need for robust data management and secure infrastructure. Major players like Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and Salesforce are shaping the competitive landscape, offering a diverse range of services to cater to specific industry needs. While specific market figures for individual segments and regions within Canada are not provided, the overall market trajectory clearly indicates a vibrant and expanding cloud computing ecosystem. The continued focus on innovation, technological advancements, and evolving regulatory frameworks will further shape the market's future trajectory. This comprehensive report provides an in-depth analysis of the Canada cloud computing market, covering the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, this report offers valuable insights into market size, growth drivers, challenges, and future trends. The study encompasses various segments, including cloud deployment models (Public Cloud, Private Cloud, Hybrid Cloud), organization sizes (SMEs, Large Enterprises), and end-user industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector). Key players such as Amazon Web Services (AWS), Google Cloud, Microsoft Azure, and others are analyzed, providing a holistic view of this rapidly evolving market. Search-optimized keywords include: Canada cloud computing market, Canadian cloud market size, cloud computing in Canada, Canadian cloud services, cloud adoption in Canada, IaaS Canada, PaaS Canada, SaaS Canada, Canadian cloud providers. Recent developments include: April 2024: IBM launched a multizone cloud region in Montreal, Canada. The region had three availability zones in the city in the south of Quebec. IBM stated the facility was designed to help Canadian enterprises address their evolving data sovereignty requirements and leverage technology such as generative AI., March 2024: OVHcloud US announced the opening of its parent company's second Canadian site, marking the Group's 42nd data center. This expansion came with a significant long-term investment of CAD 145 million. The newly inaugurated data center in Toronto, consistent with OVHcloud's global network, was made directly accessible to OVHcloud US customers. It promised enhanced latency benefits over the existing OVHcloud facility near Montreal and the one in Vint Hill, Virginia. This latest data center launch underscored OVHcloud's growing presence and momentum in the United States and broader North American markets.. Key drivers for this market are: Robust Shift Toward Digital Transformation Across the Country, Post-pandemic Remote Work-related Policies Positively Impacting the Cloud Market. Potential restraints include: Robust Shift Toward Digital Transformation Across the Country, Post-pandemic Remote Work-related Policies Positively Impacting the Cloud Market. Notable trends are: Robust Shift Toward Digital Transformation Across the Country.

Industrial Cloud Computing Market size is predicted to reach USD 1094.62 billion by 2030 with a CAGR of 17.10 % from 2024-2030.

Australia Cloud Computing Market Size, Share, Growth Opportunities, Statistics, Trends Analysis & Industry Forecast Report, 2020-2027

In 2020, ** percent of respondents indicate that increased efficiency is the biggest benefit from cloud computing. Greater efficiency can be achieved through cloud computing by making the latest data available more quickly to improve quotas and make forecasts more accurate, for example. Other benefits are the support for collaboration tools and the fact that cloud-based services and solutions are secure, whiile enabling remote accessibility.

Cloud Computing Market Growth | Industry Analysis, Size & Forecast Report

Dataset updated: Jun 27, 2024

Dataset authored and provided by: Mordor Intelligence

License: https://www.mordorintelligence.com/privacy-policy

Time period covered: 2019 - 2029

Area covered: Global

Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast

Description: The Cloud Computing Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.44 trillion by 2029, growing at a CAGR of 16.40% during the forecast period (2024-2029).

Report Attribute

Study Period	2019-2029
Market Size (2024)	USD 0.68 Trillion
Market Size (2029)	USD 1.44 Trillion
CAGR (2024 - 2029)	16.40%
Fastest Growing Market	Asia Pacific
Largest Market	North America

Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD

Regions and Countries Covered:

North America	United States, Canada
Europe	Germany, United Kingdom, Italy, France, Russia, and Rest of Europe
Asia-Pacific	India, China, Japan, South Korea, and Rest of Asia-Pacific
Latin America	Brazil, Mexico, Argentina, and Rest of Latin America
Middle East and Africa	Brazil, Mexico, Argentina, and the Rest of Middle East and Africa

Industry Segmentation Covered:

By Cloud Computing: IaaS, SaaS, PaaS

By End-User: IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare, Media and Entertainment

Market Players Covered: Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce

Cloud computing continues to transform how organizations build, deploy, and scale digital services. Adoption is no longer experimental but foundational across sectors. From healthcare systems migrating patient data to private clouds, to global retailers running their AI‑driven recommendation engines on public clouds, even defense agencies now rely on hybrid setups,...