In the fourth quarter of 2024, Amazon Web Services (AWS), held around ** percent market share of the cloud infrastructure services market. AWS's share of the cloud infrastructure services market has remained steady at around a ***** of the total market since at least 2017. Microsoft Azure and Google Cloud take ** percent and ** percent market share, respectively. The next ****** cloud providers held a combined ** 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

In the fourth quarter of 2024, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled ** percent of the entire market. Microsoft Azure takes second place with ** percent market share, followed by Google Cloud with ** percent market share. Together, these three cloud vendors account for ** 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.

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%.

United States Cloud Computing Market Report is Segmented by Deployment Type (Public Cloud, Private Cloud, Hybrid Cloud), Service Model (Infrastructure-As-A-Service, Platform-As-A-Service, Software-As-A-Service), Organisation Size (SMEs, Large Enterprises), End-User Vertical (Manufacturing, Education, Retail, and More). The Market Forecasts are Provided in Terms of Value (USD).

Globally, the public cloud market is currently valued at 685.3823 billion USD and is projected to reach a staggering 2,225.9945 billion USD by 2033, reflecting a robust CAGR of 12.81% from 2025 to 2033. Faster digital transformation, rising cloud-native application development, increased affordability, and rapid penetration of mobile devices and IoT are some key growth drivers shaping the public cloud market. Furthermore, the adoption of innovative technologies like AI, ML, and analytics further fuels demand for cloud computing resources. Regionally, North America holds the largest market share, followed by Europe and Asia Pacific. Leading cloud providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) dominate the market, offering comprehensive cloud services across IaaS, PaaS, and SaaS models. Key trends shaping the market include the increasing adoption of multi-cloud and hybrid cloud solutions, the rise of edge computing, and the growing significance of data security and compliance. Despite these growth drivers, factors such as data privacy and security concerns, legacy systems, and potential vendor lock-in can restrain market growth to some extent. Recent developments include: In March 2023, Alibaba Cloud, the foundation of Alibaba Group's digital technology and intelligence, announced its partnership with long-time partner Dubai Holding to upgrade the facility with cutting-edge cloud infrastructure and a wider range of products and services in analytics, databases, industry solutions, and AI services to provide customers with the best digital solutions during their journey towards digitalization. In February 2023, Alibaba Cloud, the digital technology and intelligence core of Alibaba Group has been selected by e-commerce platform MyEUShop and its joint venture logistics partner, Nederlands Express (NLE), as their preferred cloud service provider and technology partner. MyEUShop and NLE will receive assistance from Alibaba Cloud to optimize their retail solutions and e-commerce platform infrastructure to achieve future commercial growth. In March 2023, AWS, a division of Amazon.com, Inc., has announced plans to open a region for its infrastructure in Malaysia. The new Amazon Region will allow developers, start-ups, entrepreneurs, businesses, government, educational, and charity institutions more options for using Malaysian data centers to operate their applications and serve end users. In October 2022, UBS and Microsoft announced a significant expansion of their collaboration to expand UBS's public cloud footprint over the next five years. As part of this transformational endeavour, UBS intends to operate more than half of its applications, including key workloads, on Microsoft Azure, the firm's primary cloud platform. The collaboration advances UBS's "cloud-first" strategy and modernization of its global technology estate. In July 2022, in India, Adobe Experience Manager (AEM) as a Cloud Service, powered by Adobe Experience Cloud, is now generally available, according to Adobe. With SaaS-like agility and experience management capabilities, AEM, a cloud-native solution, helps businesses manage and scale customized digital content for every channel. This enables marketers and developers to quickly create powerful, personalized digital experiences in just a few weeks, unlike the industry norm of months. . Notable trends are: Increasing demand for immersive virtual reality experiences is driving the market growth..

The Report Covers Germany Cloud Computing Companies and the Market is Segmented by Type (Public Cloud, Private Cloud, Hybrid Cloud), Organization Type (SMEs, Large Enterprises), End-User Industries (Manufacturing, Education, Retail, Transportation, and Logistics, Healthcare, BFSI, Telecom, and IT, Government and Public Sector). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

In 2024, Amazon Web Services led as the top vendor in the cloud applications market share with ** percent. Microsoft Azure and Google Cloud Platform were close behind with ** percent and ** percent of the market share, respectively.

North America Cloud Computing Market Report is Segmented by Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Service Model (Infrastructure-As-A-Service (IaaS), Platform-As-A-Service (PaaS), Software-As-A-Service (SaaS)), Organization Size (SMEs, Large Enterprises), End-User Verticals (Manufacturing, Education, Retail, Healthcare, BFSI, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The Israel Cloud Computing Market report segments the industry into By Type (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (SMEs, Large Enterprises), and End-User Industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, Others (Utilities, Media & Entertainment etc)). Five years of historical data and forecasts are provided.

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 Market Outlook

According to our latest research, the global cloud computing market size reached USD 678.9 billion in 2024, reflecting robust expansion driven by digital transformation across industries. The market is expected to grow at a CAGR of 17.2% from 2025 to 2033, reaching a forecasted value of USD 2,334.6 billion by 2033. This rapid growth is primarily fueled by increased enterprise adoption of cloud-based solutions, demand for scalable IT infrastructure, and the proliferation of advanced technologies such as artificial intelligence, machine learning, and big data analytics.

A key growth factor propelling the cloud computing market is the accelerating pace of digitalization across both private and public sectors. Organizations are increasingly prioritizing cloud-first strategies to enhance operational agility, streamline workflows, and reduce capital expenditure on traditional IT infrastructure. The flexibility and scalability offered by cloud computing services allow businesses to quickly adapt to changing market conditions, launch new products and services, and respond to customer needs with unprecedented speed. Additionally, the COVID-19 pandemic has significantly amplified the need for remote work solutions, further driving the adoption of cloud platforms for collaboration, data storage, and application deployment.

Another major driver is the continuous evolution of cloud service models, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). These models provide organizations with tailored solutions that cater to diverse operational requirements, from data management and application development to analytics and cybersecurity. The increasing integration of artificial intelligence and machine learning capabilities within cloud platforms is enabling businesses to harness data-driven insights, automate processes, and foster innovation. Moreover, the growing trend of hybrid and multi-cloud deployments is allowing organizations to optimize their IT environments by leveraging the strengths of multiple cloud providers while maintaining control over sensitive workloads.

Security and compliance considerations are also shaping the growth trajectory of the cloud computing market. As data privacy regulations become more stringent, enterprises are seeking cloud solutions that offer robust security features, data encryption, and compliance with industry standards. Cloud service providers are continuously enhancing their offerings to address these concerns, investing in advanced security technologies and collaborating with regulatory bodies to ensure adherence to global standards. This heightened focus on security is not only mitigating risks but also building trust among organizations, thereby accelerating cloud adoption across sectors such as BFSI, healthcare, and government.

As organizations increasingly rely on cloud-based solutions, the role of Cloud API has become pivotal in ensuring seamless integration and functionality across diverse platforms. Cloud APIs facilitate communication between different software applications, enabling businesses to leverage a wide array of cloud services without the need for extensive reconfiguration. This capability is particularly beneficial for enterprises looking to enhance their digital ecosystems by integrating third-party services, improving interoperability, and streamlining operations. With the growing complexity of IT environments, Cloud API serves as a crucial tool for developers and IT professionals to build, manage, and scale applications efficiently, thereby driving innovation and agility in the cloud computing landscape.

From a regional perspective, North America continues to dominate the cloud computing market, accounting for the largest share due to the presence of major technology companies, early adoption of cloud technologies, and substantial investments in research and development. However, the Asia Pacific region is witnessing the fastest growth, driven by rapid digital transformation in emerging economies, increasing internet penetration, and government initiatives supporting cloud adoption. Europe and Latin America are also experiencing significant market expansion, with enterprises leveraging cloud solutions to enhance competitiveness and drive innovation. The Middle East & Afri

China Cloud Computing Market Report is Segmented by Deployment Model (Public Cloud, Private Cloud, Hybrid/Multi-Cloud), Service Model (IaaS, Paas, Saas), Organization Size (Large Enterprises, Smes), End-User Industry (Manufacturing, BFSI, Healthcare, Retail, Transportation and More), and Geography (East China, North & Northeast China, South China, Central & West China). The Market Forecasts are Provided in Terms of Value (USD).

The North America cloud computing market, valued at $248.07 million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 15.23% from 2025 to 2033. This expansion is fueled by several key factors. Increased digital transformation initiatives across various sectors, including manufacturing, healthcare, and BFSI (Banking, Financial Services, and Insurance), are creating a surge in demand for cloud-based solutions. The enhanced scalability, cost-effectiveness, and improved security offered by cloud services are compelling businesses of all sizes, from SMEs to large enterprises, to adopt cloud technologies. Furthermore, the growing adoption of hybrid cloud models, which combine the benefits of public and private clouds, is accelerating market growth. Government and public sector initiatives promoting digital infrastructure are also contributing significantly. The major players, including Amazon Web Services (AWS), Google Cloud, Microsoft Azure, and Salesforce, are further stimulating the market through continuous innovation and competitive pricing strategies. The market segmentation reveals significant opportunities across various sectors. The public cloud segment (IaaS, PaaS, SaaS) dominates, followed by hybrid and private cloud deployments. Large enterprises currently hold a larger market share compared to SMEs, but the latter segment is showing strong growth potential as cloud adoption becomes more accessible and affordable. Geographically, the United States represents the largest market share within North America, with Canada exhibiting steady growth. While specific regional data for the United States and Canada are unavailable, industry analysis suggests the US holds a significantly larger portion of the overall North American market given its larger economy and higher technology adoption rate. The continued expansion of 5G networks and the Internet of Things (IoT) will further fuel the demand for cloud computing services in the coming years, supporting continued expansion of the market throughout the forecast period. Recent developments include: June 2024: Apple unveiled its cloud intelligence system, Private Cloud Compute (PCC), tailored for cloud-based artificial intelligence (AI) tasks, prioritizing privacy preservation. PCC aims to transfer complex, power-intensive requests to the cloud while guaranteeing that data remains confidential and is never exposed to any third party, including Apple., May 2024: VPS AI unveiled its decentralized cloud computing solutions. The launch of VPS AI marks a significant shift in the cloud computing landscape. VPS AI provides a decentralized solution for establishing virtual private servers and containerized nodes, enabling individuals and enterprises to liberate themselves from the dominance of major tech corporations.. Key drivers for this market are: Robust Shift Towards Digital Transformation Across North America, Advancement of AI and Big Data Analytics. Potential restraints include: Robust Shift Towards Digital Transformation Across North America, Advancement of AI and Big Data Analytics. Notable trends are: Robust Shift Towards Digital Transformation Across North America.

The France Cloud Computing Market report segments the industry into By Type (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (SMEs, Large Enterprises), and End-User Industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, IT and Telecom, Government and Public Sector, Others (Utilities, Media & Entertainment etc)). Get five years of historical market data and forecasts.

The global private cloud services market is set to grow, with a valuation of USD 124.6 billion in 2025, and it is going to touch USD 618.3 billion by 2035. The CAGR of 15.9% is likely during the projection period proposed.

Metric	Value
Industry Size (2025E)	USD 124.6 billion
Industry Value (2035F)	USD 618.3 billion
CAGR (2025 to 2035)	15.9%

Country-wise CAGR Analysis of the Private Cloud Services Market (2025 to 2035)

Country	CAGR (2025 to 2035)
USA	15.2%
UK	13.8%
France	12.5%
Germany	13.0%
Italy	11.3%
South Korea	14.0%
Japan	12.8%
China	16.5%
Australia	13.2%
New Zealand	11.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Amazon Web Services (AWS)	32%
Microsoft Azure	25%
IBM Cloud	15%
Google Cloud Platform (GCP)	10%
VMware	8%
Other Companies Combined	10%

This statistic shows share of cloud infrastructure revenue by different service providers in 2018 and 2019. Amazon Web Services (AWS) was the largest cloud service provider with **** percent share, followed by Microsoft Azure with approximately ** percent share of total revenues in 2019.

The Healthcare Cloud Computing Market Report is Segmented by Application (Clinical Information Systems, Non-Clinical Information Systems), Deployment (Private Cloud, Public Cloud, and Hybrid Cloud), Service (Software-As-A-Service (SaaS), and More), End User (Healthcare Providers and Healthcare Payers), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

The ANZ cloud computing market, while not explicitly detailed in the provided data, exhibits robust growth mirroring global trends. Considering the global CAGR of 22.42% and the significant adoption of cloud technologies across developed economies, a conservative estimate for the ANZ region would place its CAGR within the range of 18-25%, reflecting a slightly slower but still substantial growth rate compared to the global average. This moderation accounts for potential regional economic factors and varying rates of digital transformation across industries. The market size in 2025 can be reasonably estimated at approximately $2.2 Billion USD considering ANZ's strong economy and advanced digital infrastructure. This would likely be segmented across public, private, and hybrid cloud deployments, with public cloud, particularly SaaS (Software as a Service), dominating the market share. Large enterprises are expected to contribute significantly to overall spending, driven by the need for scalability, cost optimization, and enhanced security. Key industry verticals such as BFSI (Banking, Financial Services, and Insurance), Telecom and IT, and Government are likely to be major contributors to market growth. The driving forces behind ANZ's cloud adoption mirror global trends: increasing digital transformation initiatives, growing data volumes necessitating scalable storage solutions, the need for enhanced agility and operational efficiency, and a shift towards outcome-based IT services. However, restraining factors could include data sovereignty concerns, cybersecurity risks, and the need for robust digital skills development within organizations. Major players like Microsoft, AWS, Google, and other prominent cloud providers are actively competing within the ANZ market, offering a range of solutions tailored to specific industry needs. The continued expansion of 5G network infrastructure and the growing adoption of AI and machine learning are poised to further fuel the market’s future growth. Recent developments include: August 2024: the TEAM Cloud platform announced that it would provide more than 100 Oracle Cloud Infrastructure (OCI) services. These services are designed to help New Zealand organizations comply with regulatory and data sovereignty mandates, ensuring sensitive data stays within the nation's borders. Consequently, this guarantees that all data is securely housed and safeguarded within New Zealand, bolstering both data residency and digital sovereignty.July 2024: Microsoft Corporation partnered with CCL, establishing Microsoft's first large-scale cloud in the upcoming New Zealand cloud region. As a result of this collaboration, CCL is expected to lead the large-scale migration of customers to Microsoft's North Cloud region in New Zealand.January 2024: Macquarie Cloud Services, in collaboration with Microsoft and Dell Technologies, unveiled "Macquarie Flex." This newly launched hybrid solution would use the power of Microsoft Azure Stack HCI (Hybrid Cloud Infrastructure) and Dell Technologies' APEX Cloud Platform for Microsoft Azure. The company also aims to offer workload flexibility, a unified management interface, a consistent user experience, round-the-clock mission-critical support, and continuous compliance across public, private, and hybrid cloud environments.. Key drivers for this market are: Growth of Cloud-Native Technologies, Rising Enterprise Demand for Cloud Services. Potential restraints include: Growth of Cloud-Native Technologies, Rising Enterprise Demand for Cloud Services. Notable trends are: Growing Demand of Hybrid Cloud in Australia and New Zealand.

According to Cognitive Market Research, the global cloud infrastructure market size will be USD 605142.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 22.30% 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 242057.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 181542.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 139182.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.3% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 30257.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.7% 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 12102.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.0% from 2024 to 2031.
The services held the highest cloud infrastructure market revenue share in 2024.

Market Dynamics of Cloud Infrastructure Market

Key Drivers for Cloud Infrastructure Market

Rise in the Technological Advancements to Increase the Demand Globally

Technological advancements are significantly propelling the cloud infrastructure market. Innovations in artificial intelligence, machine learning, and automation are enhancing cloud services' efficiency, scalability, and cost-effectiveness. The advent of edge computing and 5G technology is enabling faster data processing and reducing latency, further driving cloud adoption. Additionally, advancements in security technologies are making cloud environments more secure, encouraging more businesses to migrate to the cloud. These technological developments are transforming how companies operate, fueling the growth and expansion of the cloud infrastructure market.

Growing Number of Connected Devices to Propel Market Growth

The growing number of connected devices, particularly through the Internet of Things (IoT), significantly impacts the cloud infrastructure market. As IoT devices proliferate, they generate massive volumes of data that require robust processing, storage, and management capabilities. Cloud infrastructure provides the scalable and flexible environment needed to handle this influx of data, enabling real-time analytics, efficient data processing, and seamless connectivity across devices. This demand for enhanced cloud services drives the expansion of the cloud infrastructure market as businesses seek to leverage IoT-driven insights and efficiencies.

Restraint Factor for the Cloud Infrastructure Market

Data Privacy & Security Concerns Related to Cloud Solution to Limit the Sales

Data privacy and security concerns are critical in the cloud infrastructure market as organizations store sensitive data in cloud environments. Risks include data breaches, unauthorized access, and compliance with data protection regulations. Cloud providers must implement robust security measures, such as encryption, access controls, and regular audits, to protect customer data. Additionally, concerns about data sovereignty and cross-border data transfer further complicate security in the cloud. Addressing these concerns is essential for building trust and ensuring the continued growth of cloud adoption.

Impact of Covid-19 on the Cloud Infrastructure Market

The COVID-19 pandemic significantly accelerated the growth of the cloud infrastructure market. As businesses rapidly transitioned to remote work, the demand for cloud services surged, enabling companies to maintain operations and collaboration. The pandemic highlighted the need for scalable, flexible, and resilient IT infrastructure, driving widespread cloud adoption across industries. Additionally, the crisis spurred digital transformation initiatives, pushing organizations to invest in cloud-based solutions for business continuity, disaster recovery, and remote access, further fueling the expansion of the cloud infrastructure market. Introduction of the Cloud Infrastructure Market

Cloud infrastructure refers to the virtualized IT resources and services, including servers, storage, networking, and software, delivered over t...

The global Cloud Computing market size reached USD 486.75 Billion in 2022 registering a CAGR of 14.2%. Discover the latest trends and analysis on the Cloud Computing Market. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities, and m...