In the fourth quarter of 2024, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 33 percent of the entire market. Microsoft Azure takes second place with 20 percent market share, followed by Google Cloud with 10 percent market share. Together, these three cloud vendors account for 63 percent of total spend in the fourth quarter of 2024. Organizations use cloud services from these vendors for machine learning, data analytics, cloud native development, application migration, and other services. AWS Services Amazon Web Services is used by many organizations because it offers a wide variety of services and products to its customers that improve business agility while being secure and reliable. One of AWS’s most used services is Amazon EC2, which lets customers create virtual machines for their strategic projects while spending less time on maintaining servers. Another important service is Amazon Simple Storage Service (S3), which offers a secure file storage service. In addition, Amazon also offers security, website infrastructure management, and identity and access management solutions. Cloud infrastructure services Vendors offering cloud services to a global customer base do so through different types of cloud computing, which include infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Further, there are different cloud computing deployment models available for customers, namely private cloud and public cloud, as well as community cloud and hybrid cloud. A cloud deployment model is defined based on the location where the deployment resides, and who has access to and control over the infrastructure.
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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
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The cloud service market is expected to be valued at US$ 624.8 billion in 2024. The cloud service technologies are predicted to rise at a staggering CAGR of 15.7% from 2024 to 2034. The global market is anticipated to reach US$ 2,686.06 billion by 2034.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | US$ 624.8 billion |
Projected Market Value in 2034 | US$ 2,686.06 billion |
Value-based CAGR from 2024 to 2034 | 15.7% |
2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections
Historical CAGR from 2019 to 2023 | 14.9% |
---|---|
Forecast CAGR from 2024 to 2034 | 15.7% |
Country-wise Analysis
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 12.6% |
Germany | 15.2% |
Japan | 16.9% |
China | 16.2% |
Australia and New Zealand | 19.2% |
Category-wise Insights
Category | Market share in 2024 |
---|---|
Software as a Service (SaaS) | 56.1% |
Public Cloud | 60.4% |
Report Scope
Attributes | Details |
---|---|
Estimated Market Size in 2024 | US$ 624.8 billion |
Projected Market Valuation in 2034 | US$ 2,686.06 billion |
Value-based CAGR 2024 to 2034 | 15.7% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in US$ billion |
Key Regions Covered |
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Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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The data virtualization cloud market is capturing a valuation of US$ 1,139 million in 2023 and is predicted to reach US$ 10,778.7 million by 2033. The market is registering a CAGR of 25.2% during the forecast period.
Attributes | Details |
---|---|
Data Virtualization Cloud Market Share (2022) | US$ 913.5 million |
Data Virtualization Cloud Market Size Value (2023) | US$ 1,139 million |
Data Virtualization Cloud Market Size Value (2033) | US$ 10,778.7 million |
Data Virtualization Cloud Market Growth Rate (2023 to 2033) | 25.2% |
Category-wise Insights
Market Segments by Component | Standalone Software |
---|---|
Value in 2023 | US$ 569.4 million |
CAGR (2023 to 2033) | 22.7% |
Market Segments by Component | Data Integration Tools |
---|---|
Value in 2023 | US$ 381.4 million |
CAGR (2023 to 2033) | 25.9% |
Market Segments by Component | Application Tool Solution |
---|---|
Value in 2023 | US$ 188.2 million |
CAGR (2023 to 2033) | 30.5% |
Market Segments by Data Consumer | Business Intelligence Tools |
---|---|
Value in 2023 | US$ 576.5 million |
CAGR (2023 to 2033) | 24.1% |
Market Segments by Data Consumer | Enterprise Allocation |
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Value in 2023 | US$ 262.2 million |
CAGR (2023 to 2033) | 31.8% |
Market Segments by Data Consumer | Mobile and Web Applications |
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Value in 2023 | US$ 300.2 million |
CAGR (2023 to 2033) | 20.6% |
Market Segments by Deployment model | Public Cloud Data Virtualization |
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Value in 2023 | US$ 600.1 million |
CAGR (2023 to 2033) | 22.1% |
Market Segments by Deployment model | Hybrid Cloud Data Virtualization |
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Value in 2023 | US$ 237.1 million |
CAGR (2023 to 2033) | 25.8% |
Market Segments by Deployment model | Private Cloud Data Virtualization |
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Value in 2023 | US$ 174.9 million |
CAGR (2023 to 2033) | 28.8% |
Market Segments by Deployment model | Multi-cloud Data Virtualization |
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Value in 2023 | US$ 126.9 million |
CAGR (2023 to 2033) | 31.9% |
In 2021, the global hybrid cloud market was valued at 85 billion U.S. dollars and is expected to reach 262 billion U.S. dollars in 2027. Over this period, the Asia Pacific region is expected to grow at the highest rate. Some key players in this market are Cisco, HPE, AWS, and IBM. What is hybrid cloud? Hybrid cloud is an approach or an architectural style that combines at least one private cloud with at least one public cloud. In general, hybrid clouds consolidate IT resources, connect multiple computers through a network, orchestrate processes with the help of automation, and rely on a single plane of management. Connecting these processes and environments efficiently makes it possible to manage complex cloud networks comprehensively, which is why hybrid cloud support has become a major consideration for IT leaders when selecting a cloud provider. What are hybrid cloud benefits? Among the benefits organizations utilize by deploying a hybrid cloud strategy is the flexibility from easily and securely storing and moving data and workloads in different environments. If utilized correctly, this approach can give organizations greater control over their private data. However, in order to realize these benefits, organizations worldwide indicate needing management capabilities for hybrid cloud strategies, such as performance monitoring and analytics or cloud cost management.
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The Report Covers Global Retail Cloud Market Growth and It is Segmented by Solution (Supply Chain Management, Customer Management, Merchandizing, Workforce Management, Reporting and Analytics), Service Type (IaaS, Saas, Paas), Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The Indonesia Cloud Market Report is Segmented by Type (Public Cloud (Saas, Paas, Iaas) and Private Cloud), by Organization Size (SMEs and Large Enterprise), by End User Industry (IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, Government, and Other End User Verticals), by Region (Java, Sumatra, Kalimantan, and Other Regions). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The Government Cloud Solutions Market is segmented by Deployment Model (Private Cloud, Public Cloud, Hybrid Cloud), Delivery Mode (IaaS, PaaS, SaaS), Application (Server and Storage, Disaster Recovery/Data Backup, Security and Compliance, Analytics, Content Management), and Geography. The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.
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The public cloud market size is projected to grow from USD 0.567 trillion in 2024 to USD 3.36 billion by 2035, representing a CAGR of 17.58%, during the forecast period till 2035.
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The Brazil Cloud Computing Market Report is Segmented by Type (Public Cloud [IaaS, Paas, and Saas], Private Cloud, Hybrid Cloud), Organization Size (SMEs, Large Enterprise), by End-User Industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, Other End-User Industries (Utilities, Media & Entertainment, Etc. )). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Abovementioned Segments.
Latin America Cloud Computing Market Size 2025-2029
The latin america cloud computing market size is forecast to increase by USD 26.4 billion billion at a CAGR of 17.2% between 2024 and 2029.
The Latin American cloud computing market is experiencing significant growth due to the increasing adoption of cloud services for cost savings and enhanced business agility. According to recent studies, the region is witnessing a in demand for cloud solutions, particularly in sectors such as finance, healthcare, and education. A key driver for this trend is the growing recognition of the cost benefits associated with cloud computing, including reduced capital expenditures and operational expenses. However, the market is not without challenges. One of the most significant obstacles to growth is the complexity of integrating cloud solutions with existing IT infrastructure. This issue is particularly prevalent in larger organizations with legacy systems. Furthermore, concerns around data security and privacy have led many companies to opt for private cloud solutions. Despite these challenges, the market presents significant opportunities for companies seeking to capitalize on the region's growing demand for cloud services. To succeed, businesses must focus on addressing integration issues and providing security solutions to meet the evolving needs of Latin American organizations.
What will be the size of the Latin America Cloud Computing Market during the forecast period?
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The Latin American cloud computing market is experiencing growth, fueled by the region's increasing internet penetration and the demand for on-demand access to computing resources. According to industry reports, the market is expected to reach significant size in the coming years, driven by the adoption of various types of cloud services, including public, private, and hybrid cloud solutions. Businesses in Latin America are turning to cloud providers for infrastructure services such as storage and processing, enabling them to reduce capital expenditures and achieve cost savings. The region's market dynamics are shaped by the growing preference for cloud-based services in sectors like IT and finance, as well as the trend towards serverless computing. Cloud computing offers numerous benefits, including scalability, reliability, and accessibility, making it an attractive alternative to traditional mainframe computing. The internet explosion in Latin America has further accelerated the adoption of cloud services, as businesses seek to take advantage of the flexibility and efficiency offered by cloud providers. Overall, the Latin American cloud computing market is poised for continued growth, as more organizations embrace the benefits of cloud-based solutions.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ServiceSaaSIaaSPaaSDeploymentPublic cloudPrivate cloudGeographyLatin America
By Service Insights
The saas segment is estimated to witness significant growth during the forecast period.
Cloud computing has gained significant traction in Latin America, with software-as-a-service (SaaS) leading the market in 2024. In the SaaS model, cloud providers host software programs and associated data centers centrally, enabling users to access these applications and their features via web browsers over the Internet. Subscription fees grant users on-demand access to these services, eliminating the need for businesses to develop applications for various devices. SaaS offers numerous benefits, including cost savings, increased capacity, and reduced capital expenditures. Additionally, cloud infrastructure services, including public, private, hybrid, and serverless computing, are gaining popularity. IoT, machine learning, and infrastructure services are essential components of cloud computing, offering networking features, data storage space, and operating system support. Resource procurement, capacity planning, software maintenance, and cost savings are crucial considerations for businesses adopting cloud computing. Key players in the Latin American cloud computing market include leading research firms such as , , , s, , , , and .
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The SaaS segment was valued at USD billion in 2019 and showed a gradual increase during the forecast period.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in adoption of Latin America C
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According to Cognitive Market Research, the global private cloud services market size will be USD 125421.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 30.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 50168.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37626.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28846.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6271.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 29.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2508.42 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.2% from 2024 to 2031.
The large enterprises category is the fastest growing segment of the private cloud services industry
Market Dynamics of Private Cloud Services Market
Key Drivers for Private Cloud Services Market
Increasing Emphasis on Compliance with Regulations to Boost Market Growth
The private cloud services market has experienced growth because of the growing focus on privacy and adherence to regulations. Businesses are forced to make sure that their information stays inside certain regional bounds and is governed by regional protection laws as privacy legislation becomes stricter across numerous industries and geographies. Because they allow organizations to maintain authority over the storage and accessibility of their information, private cloud services are a practical solution that also helps them comply with legal obligations. This advantage not only promotes the use of private cloud services by enterprises but also increases trust in the dependability and security of information management practices, which drives the market's overall expansion. For instance, Hewlett Packard Enterprise (HPE) is a key leader in the private cloud market. The business prides itself on its ability to provide customized private cloud solutions that combine infrastructure tools and cloud apps to meet the specific requirements of each customer. After that, businesses can incorporate this platform into a multi-cloud or hybrid platform.
Rising Need for Storage of Data to Drive Market Growth
The private cloud services market has witnessed steady growth due to the increasing requirement for data storage. File storage is becoming more and more necessary as more people choose to save and share their photos, documents, collections, and other belongings. All kinds of enterprises can now use inexpensive, flexible tools, facilities, and storage thanks to cloud computing. Private cloud services provide ways to save costs while enhancing the proficiency and flexibility of information technology. Statistics have applications in both the personal and professional spheres. The need for data storage in the cloud has increased. As a result, a lot of cloud storage companies provide limitless data storage. The expanded capacity, instant accessibility, and archive backup capabilities of consumer computers and handheld gadgets are driving the need for private cloud computing.
Restraint Factor for the Private Cloud Services Market
High Charges & Upfront Expenses, will Limit Market Growth
One factor impeding the expansion of the private cloud services industry is the upfront fees and deployment expenses. Private clouds provide more customization and protection, but the infrastructure setup and migration of legacy applications can be costly. These upfront fees may be exorbitant for small to mid-sized organizations, particularly those with tight budgets. Furthermore, the continuous costs for upkeep and administration may be high. The market's overall expansion may be slowed down if some firms are discouraged from implementing private cloud services by these financial constraints.
Impact of Covid-19 on the Private Cloud Services Market
The private cloud services business was greatly affected by the COVID-19 pandemic. Organizations expanded their use of techn...
In the fourth quarter of 2024, Amazon Web Services (AWS), held around 30 percent market share of the cloud infrastructure services market. AWS's share of the cloud infrastructure services market has remained steady at around a third of the total market since at least 2017. Microsoft Azure and Google Cloud take 21 percent and 12 percent market share, respectively. The next twenty cloud providers held a combined 37 percent of market share. The main types of cloud computing Infrastructure as a service (IaaS) or cloud infrastructure services form one of the three core service models of the
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United States telecom cloud market size is projected to exhibit a growth rate (CAGR) of 15.10% during 2024-2032. The inflating need among enterprises for enhancing business agility and operational efficiency, along with the lower operational and administrative costs, is primarily augmenting the market growth across the country.
Report Attribute
|
Key Statistics
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---|---|
Base Year
| 2023 |
Forecast Years
| 2024-2032 |
Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 15.10% |
Telecom cloud refers to the transformation in the telecommunications sector, transitioning from traditional machine-based landline services to cloud computing services. This shift enables the efficient utilization of networking resources, offering limitless network capacity to handle unpredictable data growth and enhance the overall customer experience. Telecom cloud delivers immediate technical and economic benefits with minimal management effort or involvement from service providers. Additionally, it supports the virtualization of storage, servers, and networks, leading to reduced infrastructure costs and efficient resource sharing. In recent times, telecom cloud solutions have gained prominence across diverse industries, such as banking, financial services, insurance (BFSI), healthcare, retail, media and entertainment, manufacturing, government, and transportation.
The United States telecom cloud market stands at the forefront of a revolutionary transformation in the telecommunications industry, marking a shift from traditional machine-based landline services to the adoption of cloud computing services. Additionally, this evolution allows for the efficient utilization of networking resources, providing an expansive network capacity to effectively manage the unpredictable surge in data growth while significantly enhancing the overall customer experience. Besides this, telecom cloud solutions offer immediate technical and economic advantages with minimal management efforts and reduced dependence on service providers, which is acting as another significant growth-inducing factor. Moreover, this innovation further supports the virtualization of storage, servers, and networks, leading to a notable reduction in infrastructure costs and the efficient sharing of resources. In recent years, the telecom cloud market has experienced widespread adoption across various sectors in the United States, including banking, financial services, insurance (BFSI), healthcare, retail, media and entertainment, manufacturing, government, and transportation. Furthermore, as industries increasingly recognize the value of this transformative technology, the United States telecom cloud market is poised for sustained growth, playing a pivotal role in reshaping the landscape of telecommunications and data management in the country over the forecasted period.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, computing services, application, and end user.
Type Insights:
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The report has provided a detailed breakup and analysis of the market based on the type. This includes public cloud, private cloud, and hybrid cloud.
Computing Services Insights:
A detailed breakup and analysis of the market based on the computing services have also been provided in the report. This includes SaaS, IaaS, and PaaS.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes computing, data storage, achieving, enterprise application, and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes BFSI, retail, manufacturing, transportation and distribution, healthcare, government, media and entertainment, and others.
Regional Insights:
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The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Million US$ |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Public Cloud, Private Cloud, Hybrid Cloud |
Computing Services Covered | SaaS, IaaS, PaaS |
Applications Covered | Computing, Data Storage, Achieving, Enterprise Application, Others |
End Users Covered | BFSI, Retail, Manufacturing, Transportation and Distribution, Healthcare, Government, Media and Entertainment, Others |
Regions Covered | Northeast, Midwest, |
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The Brazil cloud computing market size reached USD 15.13 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 86.03 Billion by 2033, exhibiting a growth rate (CAGR) of 19.60% during 2025-2033. The market is experiencing significant growth, driven by the widespread adoption of cloud computing across sectors including finance, healthcare, and retail. Companies leverage cloud solutions for scalability, digital transformation, and enhanced data management. Government support and regulatory frameworks are also contributing positively to the Brazil cloud computing market growth across the country.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 15.13 Billion |
Market Forecast in 2033 | USD 86.03 Billion |
Market Growth Rate (2025-2033) | 19.60% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on service, deployment, workload, enterprise size, and end-use.
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Explore the Cloud Services Market trends! Covers key players, growth rate 8.3% CAGR, market size $841.63 Billion, and forecasts to 2034. Get insights now!
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The Cloud Computing Market size is recorded to be USD 766 billion in 2024 and is expected to reach USD 3,500 billion by 2035, at a CAGR of 14.623%.
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In 2023, the worldwide cloud computing market achieved a valuation of US$ 579.58 billion, and it is anticipated to expand at a steady pace of 13.5% between 2023 and 2033, ultimately reaching an impressive value of US$ 2,062.26 billion by 2033.
Attributes | Details |
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Cloud Computing Market Value (2023) | US$ 579.58 billion |
Cloud Computing Market Value (2033) | US$ 2,062.26 billion |
Cloud Computing Market Growth Rate (2023 to 2033) | 13.5 %. |
What is the Performance of the Cloud Computing Industry in Different Geographical Regions?
Regions | CAGR (2023 to 2033) |
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The United Kingdom (UK) | 12.5% |
China | 13.7% |
India | 13.1% |
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Explore the detailed segmentation analysis of the Hybrid Cloud market. Understand detailed breakdown for each segment and uncover market opportunities.
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The global private cloud services market is forecasted to value US$ 405.30 billion by 2033, up from US$ 92.64 billion in 2023. As per the market reports, the private cloud services market share is advancing at a CAGR of 15.8% during the forecast period.
Report Attributes | Details |
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Private Cloud Services Market Value (2023) | US$ 92.64 billion |
Private Cloud Services Market Anticipated Value (2033) | US$ 405.30 billion |
Private Cloud Services Projected Growth Rate (2023 to 2033) | 15.8% |
Regional Analysis
Region | North America |
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Market Share % (2023) | 40.1% |
Region | Europe |
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Market Share % (2023) | 23.5% |
Report Scope
Report Attributes | Details |
---|---|
Growth Rate | CAGR of 15.8% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ billion and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
In the fourth quarter of 2024, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 33 percent of the entire market. Microsoft Azure takes second place with 20 percent market share, followed by Google Cloud with 10 percent market share. Together, these three cloud vendors account for 63 percent of total spend in the fourth quarter of 2024. Organizations use cloud services from these vendors for machine learning, data analytics, cloud native development, application migration, and other services. AWS Services Amazon Web Services is used by many organizations because it offers a wide variety of services and products to its customers that improve business agility while being secure and reliable. One of AWS’s most used services is Amazon EC2, which lets customers create virtual machines for their strategic projects while spending less time on maintaining servers. Another important service is Amazon Simple Storage Service (S3), which offers a secure file storage service. In addition, Amazon also offers security, website infrastructure management, and identity and access management solutions. Cloud infrastructure services Vendors offering cloud services to a global customer base do so through different types of cloud computing, which include infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Further, there are different cloud computing deployment models available for customers, namely private cloud and public cloud, as well as community cloud and hybrid cloud. A cloud deployment model is defined based on the location where the deployment resides, and who has access to and control over the infrastructure.