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.

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.

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...

In 2022, software as a service (SaaS) is expected to represent the largest segment of the global cloud computing market, with *** billion U.S. dollars in revenues. Revenues from all three cloud segments are forecasted to increase in 2023, being important enterprise computing components. Cloud computing segments Cloud computing can be compartmentalized into software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). Each of these service models can be differentiated by the degree of responsibility and ability to have direct control over the resources. The growth in cloud computing For several years now, cloud computing has been revolutionizing the IT and business landscape as it provides highly scalable computer system resources on demand. Because the cloud increases efficiency, speeds up deployment, and is secure, it is considered a good choice in a variety of business contexts. Notably, organizations increasingly opt for hybrid and multi cloud strategies, because these architectures provide great flexibility to move workloads to where they need to be.

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 the year 2022, Amazon Web Services (AWS) took in the greatest portion of cloud computing revenue, controlling ** percent of the market. Overall, the cloud computing market was valued at *** billion U.S. dollars that year.

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...

The UK Cloud Computing Market Report is Segmented by Cloud Type (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (Small & Medium-Sized Enterprises, Large Enterprises), End-User Industry (Manufacturing, Education, Retail, BFSI and More), Service Model (Infrastructure-As-A-Service, Platform-As-A-Service, Software-As-A-Service, Business-Process-As-A-Service). The Market Forecasts are Provided in Terms of Value (USD).

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.

The worldwide public cloud computing market continues to grow and is expected to reach an estimated ****** billion U.S. dollars in 2025. This encompasses business processes, platform, infrastructure, software, management, security, and advertising services delivered by public cloud services. A public cloud is a cloud deployment model that offers computing services over the internet. The physical hardware of this cloud model is shared by multiple companies. The services offered to customers include storage, bandwidth, or CPU cycles. Public clouds are cost-effective Among the many benefits of a public cloud is that services are offered to the customer through a pay-as-you-go model. This means that no upfront investments must be made, which otherwise lead to running costs for maintaining on-premise hardware and application infrastructure. Instead, the cloud service provider ensures proper management and maintenance of the system and the customer only pays for services consumed. AWS, Azure, and Google are dominating the market Key companies offering public cloud platforms to customers are Amazon Web Services, Microsoft Azure, and Google Cloud. Their preeminence on the market is demonstrated by organizations’ plans to continually migrate their data to the cloud and use cloud applications for their business operations on a global scale.

As of 2025, around ** percent of businesses worldwide currently used data warehouse services of public cloud providers. Additionally, ** percent are experimenting with Generative AI, and ** percent are planning to implement mobile services along with Edge services.

Snapshot img

Cloud Computing Market Size 2025-2029

The cloud computing market size is valued to increase by USD 600.5 billion, at a CAGR of 18.5% from 2024 to 2029. Increased inclination toward cloud computing for cost-cutting will drive the cloud computing market.

Market Insights

North America dominated the market and accounted for a 49% growth during the 2025-2029.
By Deployment - Public cloud segment was valued at USD 161.00 billion in 2023
By Service - SaaS segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 311.05 billion 
Market Future Opportunities 2024: USD 600.50 billion
CAGR from 2024 to 2029 : 18.5%

Market Summary

Cloud computing, a technology that delivers on-demand access to shared computing resources over the internet, has gained significant traction in recent years due to its potential to drive operational efficiency, reduce costs, and enhance data security. The global market for cloud computing continues to expand as businesses seek to optimize their operations and improve agility in a rapidly evolving business landscape. One of the primary drivers of this trend is the increasing recognition of the cost savings that cloud computing can offer. By eliminating the need for businesses to invest in and maintain their own IT infrastructure, they can instead pay for only the resources they use, leading to significant cost reductions. Another factor fueling the adoption of cloud computing is the growing emphasis on data security. While the public cloud model offers cost savings and flexibility, many organizations are turning to private cloud solutions to maintain greater control over their data. This approach allows businesses to reap the benefits of cloud computing while mitigating the risks associated with storing sensitive information in the cloud. However, the adoption of cloud computing is not without its challenges. One of the most significant obstacles is the complexity of integrating cloud solutions with existing IT systems. As businesses continue to adopt a hybrid approach to IT, integrating cloud services with on-premises infrastructure can be a complex and time-consuming process. Despite these challenges, the benefits of cloud computing continue to outweigh the costs, making it an essential component of modern business strategy. A real-world example of cloud computing in action can be seen in the supply chain optimization of a global manufacturing company. By implementing a cloud-based logistics management system, the company was able to streamline its supply chain operations, reducing lead times and improving inventory management. This resulted in significant cost savings and increased operational efficiency, highlighting the potential of cloud computing to transform business processes and drive growth.

What will be the size of the Cloud Computing Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market continues to evolve, with businesses increasingly relying on storage buckets, network security, and security groups to manage their digital operations. One significant trend is the adoption of serverless frameworks, which allow companies to focus on application development without managing compute instances. According to recent studies, container registries have experienced a 50% year-over-year growth rate, indicating a strong preference for containerized applications in the cloud. Compliance frameworks, such as HIPAA and GDPR, are driving the need for data privacy regulations and data loss prevention measures. Resource tagging and cost allocation help organizations manage their cloud expenses, while monitoring dashboards and auto scaling policies ensure optimal performance and availability. Application security, api management, and devops practices are essential for maintaining secure and efficient cloud environments. Cloud migration strategies, including application modernization and infrastructure as code, enable businesses to leverage the benefits of the cloud while minimizing disruption. Threat detection systems, incident response plans, and key management systems are crucial components of a robust cloud security posture. Service mesh technologies offer advanced traffic management and security features for microservices architectures. By embracing these cloud technologies and best practices, organizations can streamline their operations, enhance security, and achieve significant cost savings. Companies have reported a 30% reduction in processing time and a 40% decrease in IT infrastructure costs after migrating to the cloud.

Unpacking the Cloud Computing Market Landscape

In today's business landscape, cloud computing has become a strategic priority for organizations seeking cost optimization and performance enhancement. According to recent studies, over 90% of Fo

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.

Introduction

Data Centers Statistics: The data center industry is witnessing substantial growth, fueled by the increasing demand for cloud services, big data, and digital technologies. As businesses continue to expand their digital infrastructure, data centers around the world are housing an ever-growing number of servers.

However, energy consumption remains a key concern, as data centers contribute significantly to global electricity use, driving the need for enhanced energy efficiency and sustainable practices.

Many companies in the industry are prioritizing investments in renewable energy to mitigate their environmental impact. Cloud adoption is a major driver of growth, with cloud services making up a large portion of data center traffic.

Moreover, there is a rising demand for edge data centers as businesses strive to enhance service delivery and reduce latency. The Asia-Pacific region, particularly China and India, is experiencing rapid expansion in data center construction.

At the same time, North America continues to lead the market due to the presence of major technology firms and the ongoing shift toward cloud computing. This highlights the growing role of data centers in the digital economy and the industry's increased focus on sustainability and innovation.

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

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

Regions and Countries Covered:

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

The Children's Bureau hosted a state panel discussion on implementing cloud computing/cloud solutions for child welfare information systems. This discussion included a description and background of each state’s implementation of a cloud solution, maintenance and enhancements of the systems with this approach, and lessons learned. The panel concluded with a question and answer session. The speakers for this panel were:Arizona Florida Maryland Metadata-only record linking to the original dataset. Open original dataset below.

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

Discover the booming ANZ cloud computing market! Explore its projected $2.2B USD size in 2025, impressive CAGR, key drivers, and major players like AWS, Microsoft, and Google. This comprehensive analysis reveals market segments, trends, and growth projections to 2033. 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.

Discover the booming MEA cloud computing market! This in-depth analysis reveals key trends, growth drivers, challenges, and leading companies shaping the future of cloud adoption in the Middle East and Africa. Explore market size projections, regional breakdowns, and insights into the competitive landscape.

This webinar, featuring Terry Watt (Director, Division of State Systems), Nicole Harter-Shafer (Federal Analyst, Division of State Systems), and Nick Gompper (contracted technology specialist), provided technical assistance about cloud service computing models. The webinar distinguished between Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service, and Commercial-off-the-Shelf (COTS) solutions and the webinar included items to consider when evaluating solutions for a specific title IV-E agency need. In addition, Terry Watt and Nicole Harter-Shafer provided technical assistance about selecting a solution, when to use a COTS waiver, and sole-source justification. The webinar included several question and answer sessions throughout the presentation. Metadata-only record linking to the original dataset. Open original dataset below.