Press release
Global Cloud Computing Market Size, Share & Forecast 2023
Cloud Computing is a term that describes a broad range of technology services. It is often described as a stack (see diagram below), as a response to the broad range of services built on top of one another under the moniker "Cloud".Highlights
The global Cloud Computing market was valued at US$ 173030 million in 2022 and is anticipated to reach US$ 804820 million by 2029, witnessing a CAGR of 29.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Global Cloud Computing key players include Amazon Web Services, Microsoft Azure, IBM, Aliyun, Google Cloud Platform, etc. Global top five manufacturers hold a share over 50%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Cloud Computing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Computing.
The Cloud Computing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Cloud Computing market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cloud Computing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Cloud Computing Market By Company
• Amazon Web Services
• Microsoft Azure
• IBM
• Aliyun
• Google Cloud Platform
• Salesforce
• Rackspace
• SAP
• Oracle
• Vmware
• DELL
• EMC
Cloud Computing Market By Type
• Infrastructure as a service (IaaS)
• Platform as a Service (PaaS)
• Software as a Service (SaaS)
Cloud Computing Market By Application
• Government
• Small and Medium sized enterprises
• Large enterprises
BY REGION
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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