The global revenue in the public cloud market was forecast to continuously increase between 2024 and 2029 by in total * trillion U.S. dollars (+****** percent). After the ninth consecutive increasing year, the revenue is estimated to reach *** trillion 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 Belgium and Poland. The Statista Market Insights cover a broad range of additional markets.

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 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.

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 first quarter of 2025, revenues of Amazon Web Services (AWS) rose to 17 percent, a decrease from the previous three quarters. AWS is one of Amazon’s strongest revenue segments, generating over 115 billion U.S. dollars in 2024 net sales, up from 105 billion U.S. dollars in 2023. Amazon Web Services Amazon Web Services (AWS) provides on-demand cloud platforms and APIs through a pay-as-you-go-model to customers. AWS launched in 2002 providing general services and tools and produced its first cloud products in 2006. Today, more than 175 different cloud services for a variety of technologies and industries are released already. AWS ranks as one of the most popular public cloud infrastructure and platform services running applications worldwide in 2020, ahead of Microsoft Azure and Google cloud services. Cloud computing Cloud computing is essentially the delivery of online computing services to customers. As enterprises continually migrate their applications and data to the cloud instead of storing it on local machines, it becomes possible to access resources from different locations. Some of the key services of the AWS ecosystem for cloud applications include storage, database, security tools, and management tools. AWS is among the most popular cloud providers Some of the largest globally operating enterprises use AWS for their cloud services, including Netflix, BBC, and Baidu. Accordingly, AWS is one of the leading cloud providers in the global cloud market. Due to its continuously expanding portfolio of services and deepening of expertise, the company continues to be not only an important cloud service provider but also a business partner.

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.

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.

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.

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 2029, the revenue change is forecast to significantly decrease in all segments compared to the previous time point. Concerning the three selected segments, the segment Infrastructure as a Service has the largest revenue change with ***** percent. Contrastingly, Platform as a Service is ranked last, with ***** percent. Their difference, compared to Infrastructure as a Service, lies at **** percentage points. Find other insights concerning similar markets and segments, such as a comparison of revenue in France and a comparison of revenue in Spain. The Statista Market Insights cover a broad range of additional markets.

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 ** billion euro in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue growth in Italy and a comparison of revenue in 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 euro 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 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.

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.

In 2019, the revenue generated by the software as a service (Saas) sector in Mexico increased by 11 percent, compared to the 2018 results, adding up to 6.29 billion Mexican pesos. Cloud services in total accounted for ten percent of Mexico's ICT services revenue that year.

The global revenue change in the 'Cloud Gaming' segment of the digital media market was forecast to continuously decrease between 2024 and 2027 by in total **** percentage points. According to this forecast, in 2027, the indicator will have decreased for the fourth consecutive year to ***** percent. 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 euro in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue in Spain and a comparison of revenue growth in Germany. The Statista Market Insights cover a broad range of additional markets.

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.

As of its 2024 fiscal year, Salesforce.com’s largest revenue-generating service offering was its “Service cloud” which earned the company over ******billion U.S. dollars in total revenue. Other cloud services offered by the company include the Sales Cloud, Salesforce Platform, Marketing Cloud and Data. Historically, Sales Cloud has generated most of Salesforce’s revenue, but this year it generated the second most revenue out of the segment, while still generating more compared to the previous year. Salesforce.com Salesforce is a software company which focuses its business around cloud related software-as-a-service (Saas). The company has experienced rapid growth in recent years, with revenues increasing from around ****billion dollars in 2010 to ******billion in 2021. This rapid growth is spread across all of the company’s regional markets, but the Americas region remains the company’s largest, with sales of more than *****billion dollars. Software as a service (SaaS) market One of the many reasons for Salesforce's success is the rapid growth of the SaaS market itself. Bringing in less than ***billion dollars in 2010, SaaS market revenues have grown to an estimated ****billion as of 2020. The SaaS model involves the licensing of software to businesses, allowing these companies to make use of a huge range of advanced business applications without the need to host the software themselves.

This statistic shows the annual growth rate of the overall cloud service market revenue in China from 2016 to 2021 with projections until 2025. In 2021, the overall cloud service market revenue in China increased by around ** percent compared to the previous year.