In 2023, Google Cloud revenue amounted to 43.22 billion U.S. dollars, accounting for over 10 percent of Google's total revenues. The company's Cloud segment primarily generates revenue through the Google Cloud Platform (GCP), which offers a suite of cloud computing services running on Google infrastructure. Competition on the cloud In recent years, GCP has seen tremendous growth with increasing demand for cloud computing to keep pace with digital transformation. The development is fueled by the increasing demand for cloud-based services, dependency on cloud infrastructure for scalability, and the growing popularity of microservices. Tough competition from the largest cloud providers Microsoft Azure and Amazon Web Services has forced all cloud providers to continually innovate and offer new services to gain or retain existing customers. AI on the cloud The growing demand for new technologies like artificial intelligence (AI) will further fuel the demand for cloud infrastructure. AI development, deployment, and management for various applications are more straightforward on the cloud, with the availability of tools for data storage, data processing, and easy integration of machine learning in AI models. One of the critical factors that would drive the development of AI on the cloud is the providers' offer of a pay-as-you-go pricing model.

In the first quarter of 2025, Google Cloud brought in ***** billion U.S. dollars in revenue. Google Cloud, also known as Google Cloud Platform (GCP), is a public cloud computing platform that offers computing resources for developing, deploying, as well as operating and maintaining applications and services in the cloud.

In the third quarter of fiscal year 2025, Microsoft generated over ** billion U.S. dollars in revenue from intelligent cloud services. Microsoft is offering cloud computing services through Azure to its customers. Its solutions include infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS), which can be used for virtual computing, analytics, networking, and storage, for example.

This statistic shows the vendor revenue of the public cloud market from 2012 to 2027. In 2018, revenues from the public cloud market are expected to reach combined 258 billion U.S. dollars. That same year, revenue from the SaaS and related PaaS segment was expected to amount to 170 billion U.S. dollars. Cloud computing is a model for providing on-demand access to resources, whether they are networks, storage, applications, or services. For businesses, the benefits of cloud computing are cost savings and improved business agility and responsiveness.

The revenue in the public cloud market in North America was forecast to continuously increase between 2024 and 2029 by in total ***** billion U.S. dollars (+****** percent). After the ninth consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the public cloud market was continuously increasing over the past years.Find more information concerning Finland and Europe. The Statista Market Insights cover a broad range of additional markets.

The revenue is forecast to experience significant growth in all segments in 2029. This reflects the overall trend throughout the entire forecast period from 2020 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Software as a Service segment achieves the highest value of ****** billion U.S. dollars in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue growth in Germany and a comparison of revenue in the United Kingdom. The Statista Market Insights cover a broad range of additional markets.

In 2025, Microsoft generated revenue of **** billion U.S. dollars, positioning the tech giant as the leader among cloud vendors in terms of revenue. Azure —Microsoft’s cloud computing platform — offers customers services for running and managing applications in different cloud environments. Leading cloud vendors Amazon Web Services (AWS), IBM, Salesforce, and Google Cloud are all among the top five cloud vendors. These companies offer different services via the cloud to customers, which includes a wide variety of applications and other resources businesses need for their IT and operations. While AWS and Google offer products and services to customers that are similar to Azure’s, Salesforce is mainly a software as a service (SaaS) provider and the leading customer relationship management (CRM) platform. What does the future of cloud vendors’ offerings look like? Many cloud vendors are seeking to transform from being simply IT infrastructure providers to becoming business partners, by offering consulting for customers on how to improve their business operations by leveraging cloud services. In addition, cloud providers are busy developing vertical clouds, also known as industry clouds, that are optimized for particular industries. This includes industry-specific features such as security measures that are in line with regulatory requirements in the healthcare industry, for example.

SAP's cloud revenue was over ** billion Euros in 2024 and is expected to experience a steady growth for the year 2025. It has been reported that SAP switched from license revenue to cloud revenue since 2022.

The forecast shows the projected revenue of cloud computing in North America from 2016 to 2024. In 2018, the North American cloud computing market is estimated to reach billion ** U.S. dollars in size.

Over the last two observations, the revenue is forecast to significantly increase in all segments. This reflects the overall trend throughout the entire forecast period from 2020 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Software as a Service segment achieves the highest value of 36 billion euro in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue in the United Kingdom and a comparison of revenue in France. The Statista Market Insights cover a broad range of additional markets.

In the fiscal year 2023, Alibaba Cloud generated revenues of 3,545 million U.S. dollars worldwide. Alibaba Cloud, also known as Alyiun, is a subsiddiary of Alibaba Group and a chinese cloud computing company. The company provides cloud computing services to businesses, including data storage, content delivery networks (CDN), as well as relational databases or anti-DDoS protection, among other things.

The forecast for public cloud computing shows strong revenue growth and will exceed the revenue from traditional technologies by 2025. In 2025, the cloud revenue will reach *** billion U.S. dollars and traditional technology about *** billion U.S. dollars.

In the third quarter of financial year 2025, Microsoft Azure revenue growth stood at ** percent. Azure is Microsoft's cloud computing service that is used for creating a variety of scalable solutions for different use-cases. Azure's biggest competitors are Amazon Web Services (AWS) and Google Cloud. Microsoft Azure revenue Microsoft does not publish exact details of revenue derived from Azure. Instead, revenues from Azure are integrated in its intelligent cloud segment, which consists of public, private, and hybrid server products and cloud services. In 2021, the intelligent cloud segment generated revenues of over ** billion U.S. dollars, with Azure driving up server products and cloud services revenues specifically. However, Microsoft’s intelligent cloud also features other high-value products, including consulting services and premier support services. Microsoft Azure products and services Through its Azure platform, Microsoft offers a variety of different cloud computing resources to its customers, including virtual desktop, SQL database, or serverless Kubernetes. In mid-2021, there were a total of almost ****** products and services offered on the Microsoft Azure marketplace, with the majority listed under the IT and management tools category. The market has responded well to Azure's pricing strategy, with nearly a third of all respondents to a global survey of IT professionals rating Azure as providing the best value for money, more than any other provider.

This statistic shows global expenditure on the software as a service (SaaS) and the related platform as a service (PaaS) market from 2016 to 2027. In 2019, spending on Software as a Service worldwide is forecast to reach 170 billion U.S. dollars.Software as a Service - additional informationTogether with Platform as a Service (PaaS) and Infrastructure as a Service (IaaS), Software as a Service (SaaS) is one of the three primary tiers of cloud computing, allowing a business to redirect resources away from IT hardware, software, and personnel expenses, and towards other needs.Under the Software-as-a-Service model, service providers sell their clients access to application software and databases. The infrastructure, platforms (operating systems), and often the details of the software are then concealed from the customer, who typically connects to the service via a client program or web browser. The customer is not responsible for maintaining any of the hardware or resources, usually paying a per-user or per-use fee. This pricing model means that costs are flexible and scalable, allowing users to be added or removed as necessary. At this time, Software as a Service generates approximately two-thirds of the revenue of the cloud computing market. While revenue growth in this area is not expected to slow greatly in the near future, the overall market share of cloud software services is expected to shrink in the face of increased cloud platform and infrastructure growth.In the Software-as-a-Service market, the largest companies are currently Salesforce, Microsoft, Adobe, SAP, Oracle, and IBM. While Salesforce is currently the largest vendor of cloud infrastructure services, the market is presently less concentrated than the cloud infrastructure segment.

This statistic shows the revenue of Microsoft from the public cloud market, from the first half of 2014 to the first half of 2015. In the first half of 2015, Microsoft generated *** billion U.S. dollars of revenue from the public cloud market.

In the fourth quarter of 2023, enterprise spending on cloud infrastructure services reached approximately ** billion U.S. dollars. The market has seen a steady increase in quarter-over-quarter revenue over the past years and passed the ** billion U.S. dollars mark for the first time in the fourth quarter of 2021. The cloud infrastructure services market includes revenue from infrastructure as a service (IaaS), platform as a service (PaaS), and hosted private cloud services.

In the first quarter of 2025, AWS generated cloud computing and hosting revenues of approximately 29 billion U.S. dollars. Amazon Services Amazon is the one of the leading online retailers worldwide and the leading e-retailer in the United States. In 2024, net sales amounted to over 574 billion U.S. dollars, up from 514 billion U.S. dollars in the previous year. Amazon is the world’s largest online retailer of books, clothing, electronics, music, and many other consumer products. The company is also the producer of the world’s most famous e-book reader, the Amazon Kindle. The vast majority of Amazon’s revenues are generated through the sales of electronics and other products, followed by third-party seller services and AWS. Although primarily active in the B2C market, Amazon also enables third-party sellers to trade their products as well as providing technology infrastructure services (Amazon Web Services, AWS) to businesses. As of the second quarter of 2024, more than half of paid units were sold by third-party sellers. Amazon Web Services includes cloud computing and hosting services, which is a growing sector of online enterprise services. AWS is one of the most popular public cloud platform and infrastructure services worldwide, with 76 percent of respondents from a global survey indicating that they were already running apps on the platform. Other popular cloud services providers include Microsoft with Azure, Google, Oracle, and IBM.

The revenue in the public cloud market in Germany was forecast to continuously increase between 2024 and 2029 by in total ** billion U.S. dollars (+****** percent). After the ninth consecutive increasing year, the revenue is estimated to reach **** billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the public cloud market was continuously increasing over the past years.Find further information concerning Austria and Switzerland. The Statista Market Insights cover a broad range of additional markets.

The statistic shows global revenues of the enterprise cloud computing market, by geographical region, from 2013 to 2019. In 2014, the North American enterprise cloud computing market had a value of 30.9 billion euros. Cloud computing is a model for providing on-demand network access to resources, whether they are networks, storage, applications, or services, that require little management to deploy or release. Enterprise cloud computing refers specifically to the delivery of cloud computing services to the enterprise, often for achieving cost savings or improving business agility and responsiveness.

The revenue in the public cloud market in Europe was forecast to continuously increase between 2024 and 2029 by in total ***** billion U.S. dollars (****** percent). After the ninth consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the public cloud market was continuously increasing over the past years.Find more information concerning the United States and Finland. The Statista Market Insights cover a broad range of additional markets.