Cloud Computing Market Trends and Analysis by Infrastructure, Product/Service, Vertical, Region and Segment Forecast to 2026

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Explore actionable market insights from the following data in our ‘Cloud Computing Market’ report:

  • Make informed decisions about investments, partnerships, and product development
  • Identify your competitors positioning to stay ahead in the market
  • Identify segments and get an understanding of various stakeholders across different stages of the entire value chain
  • Anticipate expected changes in demand and adjust your business development strategies
  • Identify potential regions and countries for growth opportunities

How is our ‘Cloud Computing’ report different from other reports in the market?

  • The report presents in-depth market sizing and forecast at a segment level for more than 15 countries including historical and forecast analysis for the period 2019-2026 for market assessment.
  • Detailed segmentation by IT infrastructure and product/service, the report helps businesses to identify key areas for investment and growth, enabling them to stay ahead of the competition.
  • Detailed value chain analysis helping businesses identify areas where they can improve their efficiency and effectiveness, reduce costs, and enhance their competitive advantage.
  • By providing market shares and rankings for key cloud computing companies at global and regional levels, the report enables businesses to make informed decisions about partnerships and investments, and to benchmark their own performance against industry leaders.
  • The growth innovation matrix included in the report, divides the market players in to four categories i.e., flagbearers, contenders, specialists, and experimenters, which will help value chain participants in understanding how competition is performing based on their revenue growth and their R&D efforts.
  • The report’s analysis of the latest trends and dynamics impacting the cloud computing market, including M&A/venture financing deals, hiring trends, and social media trends, enables businesses to stay up-to-date with the latest developments in the industry, and to anticipate and respond to changes in demand.

We recommend this valuable source of information to anyone involved in:

  • ​SaaS (Software as a Service) Provider Companies
  • ​IaaS (infrastructure as a service) Provider Companies
  • ​PaaS (Platform as a Services) Provider Companies
  • ​Tech Startups
  • ​Cloud Integration Companies
  • ​Consulting Firms
  • ​Venture Capitalist Firms
  • ​Cloud and seed Companies
  • Investment firms

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Cloud Computing Market Report Overview

The cloud computing market size will be valued at $736.3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 16.3% over the forecast period. The inception of big data and the need to efficiently handle, access, and manage it drives the demand for cloud computing platforms/products and services. Additionally, with increasing dependency on IoT devices, data hosting on the cloud is inevitable further propelling the demand for cloud computing.

Cloud Computing Market Outlook, 2019-2026 ($ Billion)

Cloud Computing Market Outlook, 2019-2026 ($ Billion)

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The cloud computing market has seen increased competition, and several technological changes are driving it forward. Cloud vendors are launching “as-a-service” products, with pay-per-use subscription packages. Blockchain, typically associated with cryptocurrencies, has also been a disruptor to the market as companies try to exploit ledger technology. Cloud computing is also putting mobile development at its forefront, and the adoption of the internet of things (IoT) will primarily rely on cloud computing services to function. Vendors are offering flexibility through free trials. Innovation in the market is primarily fueled by venture capitalists, who have been pouring money into vendors.

One of the most detrimental factors compelling businesses to switch to cloud computing is rapid digitization. Cloud computing has proved to be helpful to businesses in adopting faster ways to handle large data streams, thereby assisting them to improve the customer experience substantially. Furthermore, with the advent of cloud solutions, organizations can worry less about data security and data loss since cloud computing solutions offer sophisticated security features and data recovery options.

Market Size (2023) $736.3 billion
Market Size (2026) $1,158.8 billion
CAGR (2023-2026) 16.3%
Forecast Period 2023-2026
Historic Period 2019-2022
Report Scope & Coverage Revenue Forecast, Competitive Index, Company Market Share, Growth Trends
IT Infrastructure Segment Service, Software/Application
Product/Service Segment Cloud Management Platforms, Hybrid Cloud Services, IaaS, Managed Cloud Services, PaaS, Private Cloud Services, and SaaS.
Vertical Segment BFSI, Information Technology, Manufacturing, Retail, Energy, Government, Transport & Logistics, and Others
Leading Companies Amazon Web Services, Google, and International Business Machine Corporation (IBM), Microsoft Corp, Alibaba Holdings Ltd, Tencent Holdings Ltd, Oracle Corp, Salesforce Inc, SAP SE, Cisco Systems Inc

Cloud Computing Market - COVID-19 Impact

The unplanned rush to remote working because of the impact of the COVID-19 pandemic means companies and governments have had to rely on technology to keep their operations running as offices lay empty. Cloud services suppliers – notably Amazon, Microsoft, Google, Alibaba, and IBM – had to step up and bear the brunt of a transformed business landscape.

So far, they have proved equal to the challenge and, in the space of just a few weeks, spurred a change in the way some businesses operate. Companies that would never have contemplated allowing their employees to work from home have been forced to rethink their opposition as cloud services delivered collaboration on a massive scale.

The COVID-19 crisis has highlighted several examples of processes that can be digitized and virtualized. Google has told job seekers that, to protect candidates’ and interviewers’ health and well-being, it will conduct all interviews virtually via Google Hangouts for the foreseeable future. Corporate video conferencing is enabling both legal and medical case discussions, while telemedicine is being used to provide COVID-19 remote diagnosis and treatment. The telemedicine industry, which is wholly enabled by secure cloud technologies, has been kick-started by COVID-19.

Cloud Computing Market Analysis by IT Infrastructure

Cloud computing IT infrastructure primarily includes service and software/application segments. As of 2022, the service segment captured the highest share owing to the inclusion of key services such as Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Software as a Service (SaaS). The service segment accounted for more than 90% of the overall cloud computing market in 2022.

Cloud Computing Market Share by IT Infrastructure, 2023 (%)

Cloud Computing Market Share by IT Infrastructure, 2023 (%)

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Cloud Computing Market Analysis by Product/Service

The product/service segment includes cloud management platforms, hybrid cloud services, IaaS, managed cloud services, PaaS, private cloud services, and SaaS. The Software as a Service (SaaS) segment captured the largest market share and is estimated to reach 40.2% in 2023.

Cloud Computing Market Share by Product/Service, 2023 (%)

Cloud Computing Market Share by Product/Service, 2023 (%)

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The growth of the SaaS segment is attributed to increased penetration of various software packages such as Enterprise Resource Planning (ERP), Human Capital Management (HCM), and Customer Relationship Management (CRM) among others. The PaaS segment is one of the fastest growing segments and accounted for more than 10% of the overall cloud computing market in 2022.

Cloud Computing Market Analysis by Vertical

Based on vertical, the cloud computing market is categorized into BFSI, information technology, manufacturing, retail, energy, government, transport & logistics, and others. The generation of immense user data daily, transaction records, and need of service delivery through cloud computing platforms are the primary reasons behind the BFSI vertical acquiring the largest market share.

Cloud Computing Market Analysis by Region

Asia Pacific’s cloud computing market value will be highest in 2023, capturing over 33% of the overall market size. The regional demand was led by rapid adoption of cloud computing solutions in countries such as China, India, Singapore, and Japan among others.

Asia Pacific Cloud Computing Market Share by Country, 2023 (%)

Asia Pacific Cloud Computing Market Share by Country, 2023 (%)

 

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The use of technologies like artificial intelligence (AI), machine learning (ML), the internet of things (IoT), and virtual reality (VR) is particularly prevalent in the North American region. Regional growth is predicted to be fueled by the deployment of next-generation technologies together with cutting-edge telecommunications technologies like 5G and LTE over the projection period.

Cloud Computing Market ¬- Competitive Landscape

The cloud computing industry is moderately fragmented. However, with the growth of start-ups and new venture launches the competition is gradually intensifying. Key players in the cloud computing market include Amazon Web Services, Google, and International Business Machines Corporation (IBM), among others. Mergers and acquisitions form a major part of the cloud computing competitive environment, since many of the vendors collaborate on project basis to deliver specific solutions.

GlobalData’s report on cloud computing analyzes market competition on regional basis. For instance, the Americas cloud computing market is characterized as consolidated with major competitors acquiring more than 55% of the market share, whereas Asia Pacific and Europe & Middle East & Africa regions are fairly fragmented due to the presence of more players catering to cloud services.

The cloud computing market has undergone a significant amount of change, and major players have made significant contributions to the market expansion. For instance, in October 2022, Microsoft has migrated several internal services running on the Azure cloud from .NET Framework to .NET 6, which the company claims have reduced the cost of cloud infrastructure by 29%.

In August 2022, Alibaba Cloud launched its latest chip development platform, named Wujian 600. It has been created to help global developers in the design of high-performance Systems-on-Chip (SoCs) for edge-AI computing leveraging the RISC-V instruction-set architecture in an efficient and cost-effective way.

Leading Players in the Cloud Computing Market

  • Microsoft Corp
  • Alphabet Inc
  • com Inc
  • Alibaba Group Holdings Ltd
  • Tencent Holdings Ltd
  • Oracle Corp
  • Cisco Systems Inc
  • Salesforce Inc
  • International Business Machines Corp (IBM)
  • SAP SE

Other Cloud Computing Market Vendors Mentioned

Dell, VMWare, TIBCO Software, Inspur, Veeva Systems, Hewlett Packard Enterprise, Huawei, Rackspace, and Wipro.

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Cloud Computing Market Scope

GlobalData Plc has segmented the cloud computing market report by IT infrastructure, product/service, vertical, and region:

Cloud Computing IT Infrastructure Outlook (Revenue, USD Million, 2019-2026)

  • Service
  • Software/Application 

Cloud Computing Product/Service Outlook (Revenue, USD Million, 2019-2026)

  • Cloud Management Platforms
  • Hybrid Cloud Services
  • IaaS
  • Managed Cloud Services
  • PaaS
  • Private Cloud Services
  • SaaS 

Cloud Computing Vertical Outlook (Revenue, USD Million, 2019-2026)

  • BFSI
  • Information Technology
  • Manufacturing
  • Retail
  • Energy
  • Government
  • Transport & Logistics
  • Others

Cloud Computing Regional Outlook (Revenue, USD Million, 2019-2026)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe 
  • Germany
  • U.K.
  • Italy
  • France
  • Spain
  • Rest of Europe
  • Asia Pacific 
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • Rest of Asia Pacific
  • South & Central America
  • Brazil
  • Argentina
  • Chile
  • Colombia
  • Rest of South & Central America
  • Middle East & Africa
  • United Arab Emirates (UAE)
  • Kingdom of Saudi Arabia (KSA)
  • South Africa
  • Rest of Middle East & Africa

The market intelligence report provides an in-depth analysis of the following –

  • Cloud computing market outlook: analysis as well as historical figures and forecasts of revenue opportunities from the channel type, business model, spend category, and regional segments.
  • The competitive landscape: an examination of the positioning of leading players in the cloud computing market.
  • Company snapshots: analysis of the market position of leading service providers in the cloud computing market.
  • Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Scope

This report provides overview and service addressable market for cloud computing.

It identifies the key trends impacting growth of the market over the next 12 to 24 months.

It includes global market forecasts for the cloud computing industry and analysis of patents, company filings, and hiring trends.

It contains details of M&A and VF deals in the cloud computing space.

The detailed segmentation consists of IT infrastructure, product/service, vertical and region.

Key Highlights

The cloud computing market size will be valued at $736.3 billion in 2023 and is expected to grow at a CAGR of 16.3% over the forecast period. The cloud computing market report provides an executive-level overview of the cloud computing market worldwide today, with detailed forecasts of key indicators up to 2026.

Reasons to Buy

This market intelligence report offers a thorough, forward-looking analysis of the global cloud computing market by channel type, business model, spend category, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.

Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in cloud computing markets.

Porter’s five forces analysis: demonstrates the strength of suppliers and buyers along with market competition in the market.

The report also highlights key IT infrastructure segments (Service, Software/Application)

The report also highlights key product/service segments (Cloud Management Platforms, Hybrid Cloud Services, IaaS, Managed Cloud Services, PaaS, Private Cloud Services, and SaaS.

The report also highlights key vertical segments (BFSI, Information Technology, Manufacturing, Retail, Energy, Government, Transport & Logistics, and Others)

With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.

The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in cloud computing markets.

The broad perspective of the report coupled with comprehensive, actionable detail will help BFSI stakeholders, service providers, and other cloud computing players succeed in growing the cloud computing market globally.

Key Players

Microsoft Corp
Alphabet Inc
Amazon.com Inc
Alibaba Group Holdings Ltd
Tencent Holdings Ltd
Oracle Corp
Cisco Systems Inc
Salesforce Inc
International Business Machines Corp (IBM)
SAP SE

Table of Contents

  • CHAPTER 01 Executive Summary

    • 1.1 Cloud Computing Market Snapshot

  • CHAPTER 02 Research Scope & Segmentation
  • CHAPTER 03 Cloud Computing Industry Trend Analysis

    • 3.1 Cloud Computing – Industry Value Chain

      • 3.1.1 CLOUD SERVICES (IAAS AND PAAS)
      • 3.1.2 CLOUD SERVICES (SAAS)
      • 3.1.3 CLOUD PROFESSIONAL SERVICES MODEL

    • 3.2 Cloud Computing Market Structure – PORTER’s Analysis
    • 3.3 Cloud Computing – Market Variables & Impact Analysis

      • 3.3.1 MARKET DRIVER ANALYSIS

        • 3.3.1.1 Cloud vendors launching various aspects of ‘as-a-service’
        • 3.3.1.2 Blockchain as a service introduced
        • 3.3.1.3 The rising adoption of mobility
        • 3.3.1.4 Cloud becoming the base for managing IoT devices
        • 3.3.1.5 Venture capital funds (VCFs) betting on cloud start-ups

      • 3.3.2 MARKET CHALLENGES/IMPEDIMENTS

        • 3.3.2.1 Service outage and downtime in cloud environments
        • 3.3.2.2 Security risks at the vendor side
        • 3.3.2.3 Geopolitical issues can lead to legal problems

      • 3.3.3 COVID-19 IMPACT ANALYSIS

        • 3.3.3.1 Adoption of cloud-based collaboration tools has rocketed
        • 3.3.3.2 IaaS providers, SaaS collaboration firms, and colocation data centers will get a COVID boost

    • 3.4 Cloud Computing– Mergers & Acquisitions (M&A)

      • 3.4.1 M&A ACTIVITY DASHBOARD

    • 3.5 Cloud Computing– Patent Analysis

      • 3.5.1 PATENT ANALYTICS DASHBOARD

    • 3.6 Cloud Computing– Job Analysis

      • 3.6.1 JOB ANALYTICS DASHBOARD

    • 3.7 Cloud Computing– Venture Financing Analysis

      • 3.7.1 VENTURE FINANCING DASHBOARD

    • 3.8 Social Media Analysis

      • 3.8.1 SOCIAL MEDIA ANALYTICS DASHBOARD

  • CHAPTER 04 Global Cloud Computing Revenue Opportunity

    • 4.1 Global Market Revenue Snapshot
    • 4.2 Global Cloud Computing Market By IT Infrastructure
    • 4.3 Global Cloud Computing Market By Product/Service
    • 4.4 Global Cloud Computing Market By Vertical

  • CHAPTER 05 Cloud Computing Regional Outlook

    • 5.1 Cloud Computing – Regional Deep Dive
    • 5.2 North America Cloud Computing Market Snapshot

      • 5.2.1 NORTH AMERICA CLOUD COMPUTING MARKET, BY IT INFRASTRUCTURE
      • 5.2.2 NORTH AMERICA CLOUD COMPUTING MARKET BY PRODUCT/SERVICE
      • 5.2.3 NORTH AMERICA CLOUD COMPUTING MARKET BY VERTICAL
      • 5.2.4 US CLOUD COMPUTING MARKET

        • 5.2.4.1 US Cloud Computing Market By IT Infrastructure
        • 5.2.4.2 US Cloud Computing Market By Product/Service
        • 5.2.4.3 US Cloud Computing Market By Vertical

      • 5.2.5 CANADA CLOUD COMPUTING MARKET

        • 5.2.5.1 Canada Cloud Computing Market By IT Infrastructure
        • 5.2.5.2 Canada Cloud Computing Market By Product/Service
        • 5.2.5.3 Canada Cloud Computing Market By Vertical

    • 5.3 Europe Cloud Computing Market Snapshot

      • 5.3.1 EUROPE CLOUD COMPUTING MARKET, BY IT INFRASTRUCTURE
      • 5.3.2 EUROPE CLOUD COMPUTING MARKET, BY PRODUCT/SERVICE
      • 5.3.3 EUROPE CLOUD COMPUTING MARKET BY VERTICAL
      • 5.3.4 GERMANY CLOUD COMPUTING MARKET

        • 5.3.4.1 Germany Cloud Computing Market, By IT Infrastructure
        • 5.3.4.2 Germany Cloud Computing Market By Product/Service
        • 5.3.4.3 Germany Cloud Computing Market By Vertical

      • 5.3.5 UK CLOUD COMPUTING MARKET

        • 5.3.5.1 UK Cloud Computing Market By IT Infrastructure
        • 5.3.5.2 UK Cloud Computing Market, By Product/Service
        • 5.3.5.3 UK Cloud Computing Market By Vertical

      • 5.3.6 FRANCE CLOUD COMPUTING MARKET

        • 5.3.6.1 France Cloud Computing Market, By IT Infrastructure
        • 5.3.6.2 France Cloud Computing Market, By Product/Service
        • 5.3.6.3 France Cloud Computing Market By Vertical

      • 5.3.7 ITALY CLOUD COMPUTING MARKET

        • 5.3.7.1 Italy Cloud Computing Market By IT Infrastructure
        • 5.3.7.2 Italy Cloud Computing Market, By Product/Service
        • 5.3.7.3 Italy Cloud Computing Market By Vertical

      • 5.3.8 SPAIN CLOUD COMPUTING MARKET

        • 5.3.8.1 Spain Cloud Computing Market By IT Infrastructure
        • 5.3.8.2 Spain Cloud Computing Market, By Product/Service
        • 5.3.8.3 Spain Cloud Computing Market By Vertical

      • 5.3.9 REST OF EUROPE CLOUD COMPUTING MARKET

        • 5.3.9.1 Rest of Europe Cloud Computing Market By IT Infrastructure
        • 5.3.9.2 Rest of Europe Cloud Computing Market, By Product/Service
        • 5.3.9.3 Rest of Europe Cloud Computing Market By Vertical

    • 5.4 South & Central America Cloud Computing Market Snapshot

      • 5.4.1 SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET, BY IT INFRASTRUCTURE
      • 5.4.2 SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET, BY PRODUCT/SERVICE
      • 5.4.3 SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET BY VERTICAL
      • 5.4.4 BRAZIL CLOUD COMPUTING MARKET

        • 5.4.4.1 Brazil Cloud Computing Market Size By IT Infrastructure
        • 5.4.4.2 Brazil Cloud Computing Market, By Product/Service
        • 5.4.4.3 Brazil Cloud Computing Market By Vertical

      • 5.4.5 ARGENTINA CLOUD COMPUTING MARKET

        • 5.4.5.1 Argentina Cloud Computing Market by IT Infrastructure
        • 5.4.5.2 Argentina Cloud Computing Market, By Product/Service
        • 5.4.5.3 Argentina Cloud Computing Market By Vertical

      • 5.4.6 CHILE CLOUD COMPUTING MARKET

        • 5.4.6.1 Chile Cloud Computing Market By IT Infrastructure
        • 5.4.6.2 Chile Cloud Computing Market, By Product/Service
        • 5.4.6.3 Chile Cloud Computing Market By Vertical

      • 5.4.7 COLOMBIA CLOUD COMPUTING MARKET

        • 5.4.7.1 Colombia Cloud Computing Market By IT Infrastructure
        • 5.4.7.2 Colombia Cloud Computing Market, By Product/Service
        • 5.4.7.3 Colombia Cloud Computing Market By Vertical

      • 5.4.8 REST OF SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET

        • 5.4.8.1 Rest of South & Central America Cloud Computing Market By IT Infrastructure
        • 5.4.8.2 Rest of South & Central America Cloud Computing Market, By Product/Service
        • 5.4.8.3 Rest of South & Central America Cloud Computing Market By Vertical

    • 5.5 Asia Pacific Cloud Computing Market Snapshot

      • 5.5.1 ASIA PACIFIC CLOUD COMPUTING MARKET BY IT INFRASTRUCTURE
      • 5.5.2 ASIA PACIFIC CLOUD COMPUTING MARKET, BY PRODUCT/SERVICE
      • 5.5.3 ASIA PACIFIC CLOUD COMPUTING MARKET BY VERTICAL
      • 5.5.4 CHINA CLOUD COMPUTING MARKET

        • 5.5.4.1 China Cloud Computing Market By IT Infrastructure
        • 5.5.4.2 China Cloud Computing Market, By Product/Service
        • 5.5.4.3 China Cloud Computing Market By Vertical

      • 5.5.5 INDIA CLOUD COMPUTING MARKET

        • 5.5.5.1 India Cloud Computing Market By IT Infrastructure
        • 5.5.5.2 India Cloud Computing Market, By Product/Service
        • 5.5.5.3 India Cloud Computing Market By Vertical

      • 5.5.6 JAPAN CLOUD COMPUTING MARKET

        • 5.5.6.1 Japan Cloud Computing Market By IT Infrastructure
        • 5.5.6.2 Japan Cloud Computing Market, By Product/Service
        • 5.5.6.3 Japan Cloud Computing Market By Vertical

      • 5.5.7 AUSTRALIA CLOUD COMPUTING MARKET

        • 5.5.7.1 Australia Cloud Computing Market By IT Infrastructure
        • 5.5.7.2 Australia Cloud Computing Market, By Product/Service
        • 5.5.7.3 Australia Cloud Computing Market By Vertical

      • 5.5.8 SINGAPORE CLOUD COMPUTING MARKET

        • 5.5.8.1 Singapore Cloud Computing Market By IT Infrastructure
        • 5.5.8.2 Singapore Cloud Computing Market, By Product/Service
        • 5.5.8.3 Singapore Cloud Computing Market By Vertical

      • 5.5.9 REST OF ASIA PACIFIC CLOUD COMPUTING MARKET

        • 5.5.9.1 Rest of Asia Pacific Cloud Computing Market, By IT Infrastructure
        • 5.5.9.2 Rest of Asia Pacific Cloud Computing Market, By Product/Service
        • 5.5.9.3 Rest of Asia Pacific Cloud Computing Market By Vertical

    • 5.6 Middle East & Africa Cloud Computing Market Snapshot

      • 5.6.1 MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET BY IT INFRASTRUCTURE
      • 5.6.2 MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET, BY PRODUCT/SERVICE
      • 5.6.3 MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET BY VERTICAL
      • 5.6.4 UAE CLOUD COMPUTING MARKET

        • 5.6.4.1 UAE Cloud Computing Market By IT Infrastructure
        • 5.6.4.2 UAE Cloud Computing Market, By Product/Service
        • 5.6.4.3 UAE Cloud Computing Market By Vertical

      • 5.6.5 SAUDI ARABIA CLOUD COMPUTING MARKET

        • 5.6.5.1 Saudi Arabia Cloud Computing Market By IT Infrastructure
        • 5.6.5.2 Saudi Arabia Cloud Computing Market, By Product/Service
        • 5.6.5.3 Saudi Arabia Cloud Computing Market By Vertical

      • 5.6.6 SOUTH AFRICA CLOUD COMPUTING MARKET

        • 5.6.6.1 South Africa Cloud Computing Market By IT Infrastructure
        • 5.6.6.2 South Africa Cloud Computing Market, By Product/Service
        • 5.6.6.3 South Africa Cloud Computing Market By Vertical

      • 5.6.7 REST OF MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET

        • 5.6.7.1 Rest of Middle East & Africa Cloud Computing Market By IT Infrastructure
        • 5.6.7.2 Rest of Middle East & Africa Cloud Computing Market, By Product/Service
        • 5.6.7.3 Rest of Middle East & Africa Cloud Computing Market By Vertical

  • CHAPTER 06 Global Cloud Computing Competitive Landscape

    • 6.1 Cloud Computing Competitive Analysis

      • 6.1.1 AMERICAS COMPANY MARKET SHARE, 2021
      • 6.1.2 ASIA PACIFIC COMPANY MARKET SHARE, 2021
      • 6.1.3 EUROPE & MIDDLE EAST & AFRICA (EMEA) COMPANY MARKET SHARE, 2021

    • 6.2 Key Vendors in Cloud Computing Market

      • 6.2.1 MICROSOFT CORP

        • 6.2.1.1 Company Overview and Financial Performance
        • 6.2.1.2 Recent Developments

      • 6.2.2 ALPHABET INC

        • 6.2.2.1 Company Overview and Financial Performance
        • 6.2.2.2 Recent Developments and Innovation

      • 6.2.3 AMAZON.COM INC

        • 6.2.3.1 Company Overview and Financial Performance
        • 6.2.3.2 Recent Developments and Innovation

      • 6.2.4 ALIBABA GROUP HOLDING LTD

        • 6.2.4.1 Company Overview and Financial Performance
        • 6.2.4.2 Recent Developments and Innovation

      • 6.2.5 TENCENT HOLDINGS LTD

        • 6.2.5.1 Company Overview and Financial Performance
        • 6.2.5.2 Recent Developments

      • 6.2.6 ORACLE CORP

        • 6.2.6.1 Company Overview and Financial Performance
        • 6.2.6.2 Recent Developments and Innovation

      • 6.2.7 CISCO SYSTEMS INC

        • 6.2.7.1 Company Overview and Financial Performance
        • 6.2.7.2 Recent Developments and Innovation

      • 6.2.8 SALESFORCE INC

        • 6.2.8.1 Company Overview and Financial Performance
        • 6.2.8.2 Recent Developments and Innovation

      • 6.2.9 INTERNATIONAL BUSINESS MACHINES CORP (IBM)

        • 6.2.9.1 Company Overview and Financial Performance
        • 6.2.9.2 Recent Developments and Innovation

      • 6.2.10 SAP SE

        • 6.2.10.1 Company Overview and Financial Performance
        • 6.2.10.2 Recent Developments

    • 6.3 Other Vendors in Cloud Computing Market –

      • 6.3.1 DELL TECHNOLOGIES INC

        • 6.3.1.1 Company Overview and Financial Performance
        • 6.3.1.2 Recent Developments and Innovation

      • 6.3.2 VMWARE INC

        • 6.3.2.1 Company Overview and Financial Performance
        • 6.3.2.2 Recent Developments and Innovation

      • 6.3.3 TIBCO SOFTWARE INC

        • 6.3.3.1 Company Overview and Financial Performance
        • 6.3.3.2 Recent Developments and Innovation

      • 6.3.4 INSPUR SOFTWARE CO LTD

        • 6.3.4.1 Company Overview and Financial Performance
        • 6.3.4.2 Recent Developments and Innovation

      • 6.3.5 VEEVA SYSTEMS INC

        • 6.3.5.1 Company Overview and Financial Performance
        • 6.3.5.2 Recent Developments and Innovation

      • 6.3.6 HEWLETT PACKARD ENTERPRISE CO

        • 6.3.6.1 Company Overview and Financial Performance
        • 6.3.6.2 Recent Developments and Innovation

      • 6.3.7 HUAWEI INVESTMENT & HOLDINGS CO LTD

        • 6.3.7.1 Company Overview and Financial Performance
        • 6.3.7.2 Recent Developments and Innovation

      • 6.3.8 RACKSPACE TECHNOLOGY INC

        • 6.3.8.1 Company Overview and Financial Performance
        • 6.3.8.2 Recent Developments and Innovation

      • 6.3.9 WIPRO LTD

        • 6.3.9.1 Company Overview and Financial Performance
        • 6.3.9.2 Recent Developments and Innovation

  • CHAPTER 07 Methodology and Scope

    • 7.1 Research Elements
    • 7.2 Information Procurement
    • 7.3 Cloud Computing Analysis
    • 7.4 Market Opportunity Forecast – Research Methodology & Formulation
    • 7.5 Competitive Index – Research Methodology & Formulation
    • 7.6 Additional Resources

      • 7.6.1 MARKET DEFINITIONS – PRODUCT/SERVICE SEGMENTS

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Table

Table 1 Key Trends Overview

Table 2 Global Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 3 Global Cloud Computing Market By Product/Service, 2019 – 2026 ($Mn)

Table 4 Global Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 5 North America Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 6 North America Cloud Computing Market By Product/Service, 2019 – 2026 ($Mn)

Table 7 North America Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 8 US Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 9 US Cloud Computing Market By Product/Service, 2019 – 2026 ($Mn)

Table 10 US Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 11 Canada Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 12 Canada Cloud Computing Market By Product/Service, 2019 – 2026 ($Mn)

Table 13 Canada Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 14 Europe Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 15 Europe Cloud Computing Market By Product/Service, 2019 – 2026 ($Mn)

Table 16 Europe Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 17 Germany Cloud Computing Market, By IT Infrastructure, 2019 – 2026 ($Mn)

Table 18 Germany Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 19 Germany Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 20 UK Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 21 UK Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 22 UK Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 23 France Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 24 France Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 25 France Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 26 Italy Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 27 Italy Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 28 Italy Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 29 Spain Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 30 Spain Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 31 Spain Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 32 Rest of Europe Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 33 Rest of Europe Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 34 Rest of Europe Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 35 South & Central America Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 36 South & Central America Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 37 South & Central America Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 38 Brazil Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 39 Brazil Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 40 Brazil Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 41 Argentina Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 42 Argentina Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 43 Argentina Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 44 Chile Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 45 Chile Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 46 Chile Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 47 Colombia Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 48 Colombia Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 49 Colombia Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 50 Rest of South & Central America Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 51 Rest of South & Central America Cloud Computing Market, By Product/Service, 2019 – 2026 s($Mn)

Table 52 Rest of South & Central America Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 53 Asia Pacific Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 54 Asia Pacific Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 55 Asia Pacific Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 56 China Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 57 China Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 58 China Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 59 India Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 60 India Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 61 India Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 62 Japan Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 63 Japan Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 64 Japan Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 65 Australia Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 66 Australia Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 67 Australia Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 68 Singapore Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 69 Singapore Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 70 Singapore Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 71 Rest of Asia Pacific Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 72 Rest of Asia Pacific Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 73 Rest of Asia Pacific Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 74 Middle East & Africa Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 75 Middle East & Africa Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 76 Middle East & Africa Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 77 UAE Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 78 UAE Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 79 UAE Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 80 Saudi Arabia Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 81 Saudi Arabia Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 82 Saudi Arabia Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 83 South Africa Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 84 South Africa Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 85 South Africa Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 86 Rest of Middle East & Africa Cloud Computing Market By IT Infrastructure, 2019 – 2026 ($Mn)

Table 87 Rest of Middle East & Africa Cloud Computing Market, By Product/Service, 2019 – 2026 ($Mn)

Table 88 Rest of Middle East & Africa Cloud Computing Market By Vertical, 2019 – 2026 ($Mn)

Table 89 Americas Cloud Computing Company Market Shares, 2021

Table 90 Asia Pacific Cloud Computing Company Market Shares, 2021

Table 91 Europe & Middle East & Africa (EMEA) Cloud Computing Company Market Shares, 2021

Table 92 Top Cloud Computing Companies and Regional Rankings By Market Share (2021)

Figures

Fig.1 Cloud Computing Market Snapshot

Fig.2 Cloud Computing Market Segmentation

Fig.3 Cloud Computing Industry value chain analysis

Fig.4 The Cloud Value Chain: IaaS and PaaS

Fig.5 Cloud Value Chain: SaaS

Fig.6 The Cloud Chain: Cloud Professional Services

Fig.7 Global Cloud Computing PORTER’s Five Force Analysis

Fig.8 Cloud Computing Market – Key Drivers Impact Analysis

Fig.9 Cloud Computing– Key Market Challenges/Impediments Impact Analysis

Fig.10 Cloud Computing– M&A Activity Dashboard

Fig.11 Cloud Computing– Patent Activity Dashboard

Fig.12 Cloud Computing– Job Analytics Dashboard

Fig.13 Cloud Computing– Venture Financing Dashboard

Fig.14 Cloud Computing– Social Media Analytics Dashboard

Fig.15 Global Cloud Computing Market – Revenue Opportunity Forecast, 2019-2026 (US$ Million)

Fig.16 Global Cloud Computing Market By IT Infrastructure, 2023 & 2026 (%)

Fig.17 Global Cloud Computing Market By Product/Service, 2023 2026 (US$ Million)

Fig.18 Global Cloud Computing Market By Vertical, 2023 & 2026 (US$ Million)

Fig.19 Cloud Computing– Market Overview

Fig.20 North America Cloud Computing Market Snapshot

Fig.21 US Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.22 Canada Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.23 Europe Cloud Computing Market Snapshot

Fig.24 Germany Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.25 UK Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.26 France Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.27 Italy Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.28 Spain Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.29 Rest of Europe Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.30 South & Central America Cloud Computing Market Snapshot

Fig.31 Brazil Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.32 Argentina Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.33 Chile Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.34 Colombia Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.35 Rest of South & Central America Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.36 Asia Pacific Cloud Computing Market Snapshot

Fig.37 China Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.38 India Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.39 Japan Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.40 Australia Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.41 Singapore Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.42 Rest of Asia Pacific Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.43 Middle East & Africa Cloud Computing Market Snapshot

Fig.44 UAE Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.45 Saudi Arabia Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.46 South Africa Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.47 Rest of Middle East & Africa Cloud Computing By IT Infrastructure and Product/Service – 2023 & 2026 (US$M)

Fig.48 Cloud Computing – Growth-Innovation Matrix

Fig.49 Cloud Computing – Global Market Share, 2021

Fig.50 Research Elements

Fig.51 Information Procurement

Fig.52 Data Analysis Model

Fig.53 Research Workflow

Fig.54 Research Methodology

Fig.55 Market Definitions

Frequently asked questions

  • What was the cloud computing market size in 2023?

    The cloud computing market size will be valued at $736.3 billion in 2023.

  • What will be the cloud computing market size in 2026?

    The cloud computing market size is expected to reach $1,158.8 billion by 2026.

  • What is the cloud computing market growth rate?

    The cloud computing market is expected to grow at a CAGR of 16.3% during the forecast period (2023-2026).

  • What are the key cloud computing market drivers?

    The inception of big data and the need to efficiently handle, access, and manage it drives the demand for cloud computing products and services. Additionally, with increasing dependency on IoT devices, data hosting on the cloud is inevitable further propelling the demand for cloud computing.

  • What are the key cloud computing market segments?

    IT Infrastructure: Service, Software/Application

    Product/Service: Cloud Management Platforms, Hybrid Cloud Services, IaaS, Managed Cloud Services, PaaS, Private Cloud Services, and SaaS.

    Vertical: BFSI, Information Technology, Manufacturing, Retail, Energy, Government, Transport & Logistics, and Others

  • Which are the leading cloud computing companies globally?

    The leading cloud computing companies are Amazon Web Services, Google, and International Business Machine Corporation (IBM), Microsoft Corp, Alibaba Holdings Ltd, Tencent Holdings Ltd, Oracle Corp, Salesforce Inc, SAP SE, and Cisco Systems Inc.

  • Is there a third level of segmentation in the report?

    GlobalData’s focus is on providing reliable and accurate data that is supported by robust research methodology. Our reports undergo rigorous quality checks and are based on primary and secondary research sources, ensuring that the numbers and insights provided are trustworthy.  However, despite the best efforts to gather comprehensive data, there could be instances where the available data is limited, making it challenging to provide third level segmentation. In such cases, GlobalData may choose to provide high-level insights and general trends rather than forcing segmentation that may not be backed by sufficient data. This approach ensures that the report’s overall quality and credibility are maintained.

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