Cloud Computing Market Size, Share, Trends, Analysis and Forecast by IT Infrastructure, Products and Services (Cloud Management Platforms, IaaS, SaaS, PaaS, Hybrid, Managed and Private Cloud Services), Region and Vertical, 2022-2026

Pages: 144 Published: October 20, 2022 Report Code: GDTMT-SC-MR006

Cloud Computing Market Overview

The cloud computing market size was valued at US$ 552.3 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 15.2% during 2022-2026. 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 Overview

Cloud Computing Market Overview

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Asia Pacific region acquired the highest market share accounting for more than 27% in the year 2021. The dominance of the region is characterized by the presence of some of the leading cloud computing companies globally such as Alibaba Group Holdings, Tencent Group Holdings and Wipro Ltd among others.

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.

According to GlobalData estimates, the cloud computing market will grow from US$ 552.3 billion in 2021 to US$ 1,119.5 billion in 2026 at a CAGR of 15.2%.

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 2021, 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 was valued at US$ 535.7 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 15.2%.

Cloud Computing Market Share by IT Infrastructure, 2021 (%)

Cloud Computing Market Share by IT Infrastructure, 2021 (%)

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The software/application segment accounted for 3% of the IT Infrastructure segment accounting for US$ 16.5 billion and is anticipated to grow at a CAGR of 12.5% over the forecast period.

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 at 38.6% and is anticipated to grow at a CAGR of 16.9% over the forecast period.

Cloud Computing Market Share by Product/Service, 2021 (%)

Cloud Computing Market Share by Product/Service, 2021 (%)

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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 Platform as a Service (PaaS) segment is also anticipated to witness a healthy growth at a CAGR of 16.4% over the forecast period.

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 Banking Finance Services and Insurance (BFSI) segment captured the largest market share at 16% valued at US$ 87.9 billion in the year 2021. 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.

Based on vertical, the cloud computing market is categorized into BFSI, information technology, manufacturing, retail, energy, government, transport & logistics, and others. The Banking Finance Services and Insurance (BFSI) segment captured the largest market share at 16% valued at US$ 87.9 billion in the year 2021. 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.

The retail segment is anticipated to witness healthy growth at a CAGR of 15% over the forecast period. Information technology and energy segments are anticipated to grow at a CAGR of 15.3% & 15.2% respectively from 2022 to 2026.

Cloud Computing Market Analysis by Region

Asia Pacific’s cloud computing market value was the highest in 2021, capturing over 27% 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, 2021 (%)

Asia Pacific Cloud Computing Market Share by Country, 2021 (%)

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North America is projected to surpass the Asia Pacific by 2026 accounting for over 25% of the global cloud computing market value, with a forecasted growth rate exceeding 15% from 2022 to 2026.  The North American region is characterized by a strong inclination towards rapid digital transformation and implementation of technologies such as AI, ML, IoT, and VR among others. The adoption of next-gen technologies coupled with advanced telecommunication technologies such as 5G and LTE is anticipated to drive regional growth over the forecast 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.

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 Research Overview

Market Size 2021 US$ 552.3 billion
Market Size 2026 US$ 1,119.5 billion
CAGR 15.2% from 2021 to 2026
Forecast Period 2022-2026
Historic Period 2019-2021
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 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.

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 20 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.

Table of Contents

Table of Contents

CHAPTER 01 Executive Summary

1.1 Cloud Computing Market Snapshot, 2021-2026

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) – KEY LEADERS & CHALLENGERS

3.1.2 CLOUD SERVICES (SAAS) – KEY LEADERS & CHALLENGERS

3.1.3 CLOUD PROFESSIONAL SERVICES MODEL– KEY LEADERS & CHALLENGERS

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

3.5.2 JOB ANALYTICS DASHBOARD

3.6 Cloud Computing– Venture Financing Analysis

3.6.1 VENTURE FINANCING DASHBOARD

3.7 Social Media Analysis

3.7.1 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 Size and Forecasts, 2019-2026 ($Mn)

5.3.1 EUROPE CLOUD COMPUTING MARKET BY IT INFRASTRUCTURE ($MN)

5.3.2 EUROPE CLOUD COMPUTING MARKET BY PRODUCT/SERVICE ($MN)

5.3.3 EUROPE CLOUD COMPUTING MARKET BY VERTICAL ($MN)

5.3.4 GERMANY CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.3.4.1 Germany Cloud Computing Market By IT Infrastructure ($Mn)

5.3.4.2 Germany Cloud Computing Market By Product/Service ($Mn)

5.3.4.3 Germany Cloud Computing Market By Vertical ($Mn)

5.3.5 UK CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.3.5.1 UK Cloud Computing Market By IT Infrastructure ($Mn)

5.3.5.2 UK Cloud Computing Market By Product/Service ($Mn)

5.3.5.3 UK Cloud Computing Market By Vertical ($Mn)

5.3.6 FRANCE CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.3.6.1 France Cloud Computing Market By IT Infrastructure ($Mn)

5.3.6.2 France Cloud Computing Market By Product/Service ($Mn)

5.3.6.3 France Cloud Computing Market By Vertical ($Mn)

5.3.7 ITALY CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.3.7.1 Italy Cloud Computing Market By IT Infrastructure ($Mn)

5.3.7.2 Italy Cloud Computing Market By Product/Service ($Mn)

5.3.7.3 Italy Cloud Computing Market By Vertical ($Mn)

5.3.8 SPAIN CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.3.8.1 Spain Cloud Computing Market By IT Infrastructure ($Mn)

5.3.8.2 Spain Cloud Computing Market By Product/Service ($Mn)

5.3.8.3 Spain Cloud Computing Market By Vertical ($Mn)

5.3.9 REST OF EUROPE CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.3.9.1 Rest of Europe Cloud Computing Market By IT Infrastructure ($Mn)

5.3.9.2 Rest of Europe Cloud Computing Market By Product/Service ($Mn)

5.3.9.3 Rest of Europe Cloud Computing Market By Vertical ($Mn)

5.4 South & Central America Cloud Computing Market Snapshot

5.4.1 SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET BY IT INFRASTRUCTURE ($MN)

5.4.2 SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET BY PRODUCT/SERVICE ($MN)

5.4.3 SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET BY VERTICAL ($MN)

5.4.4 BRAZIL CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.4.4.1 Brazil Cloud Computing Market By IT Infrastructure ($Mn)

5.4.4.2 Brazil Cloud Computing Market By Product/Service ($Mn)

5.4.4.3 Brazil Cloud Computing Market By Vertical ($Mn)

5.4.5 ARGENTINA CLOUD COMPUTING MARKET

5.4.5.1 Argentina Cloud Computing Market By IT Infrastructure ($Mn)

5.4.5.2 Argentina Cloud Computing Market By Product/Service ($Mn)

5.4.5.3 Argentina Cloud Computing Market By Vertical ($Mn)

5.4.6 CHILE CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.4.6.1 Chile Cloud Computing Market By IT Infrastructure ($Mn)

5.4.6.2 Chile Cloud Computing Market By Product/Service ($Mn)

5.4.6.3 Chile Cloud Computing Market By Vertical ($Mn)

5.4.7 COLOMBIA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.4.7.1 Colombia Cloud Computing Market By IT Infrastructure ($Mn)

5.4.7.2 Colombia Cloud Computing Market By Product/Service ($Mn)

5.4.7.3 Colombia Cloud Computing Market By Vertical ($Mn)

5.4.8 REST OF SOUTH & CENTRAL AMERICA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.4.8.1 Rest of South & Central America Cloud Computing Market By IT Infrastructure ($Mn)

5.4.8.2 Rest of South & Central America Cloud Computing Market By Product/Service ($Mn)

5.4.8.3 Rest of South & Central America Cloud Computing Market By Vertical ($Mn)

5.5 Asia Pacific Cloud Computing Market Snapshot

5.5.1 ASIA PACIFIC CLOUD COMPUTING MARKET BY IT INFRASTRUCTURE ($MN)

5.5.2 ASIA PACIFIC CLOUD COMPUTING MARKET BY PRODUCT/SERVICE ($MN)

5.5.3 ASIA PACIFIC CLOUD COMPUTING MARKET BY VERTICAL ($MN)

5.5.4 CHINA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.5.4.1 China Cloud Computing Market By IT Infrastructure ($Mn)

5.5.4.2 China Cloud Computing Market By Product/Service ($Mn)

5.5.4.3 China Cloud Computing Market By Vertical ($Mn)

5.5.5 INDIA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.5.5.1 India Cloud Computing Market By IT Infrastructure ($Mn)

5.5.5.2 India Cloud Computing Market By Product/Service ($Mn)

5.5.5.3 India Cloud Computing Market By Vertical ($Mn)

5.5.6 JAPAN CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.5.6.1 Japan Cloud Computing Market By IT Infrastructure ($Mn)

5.5.6.2 Japan Cloud Computing Market By Product/Service ($Mn)

5.5.6.3 Japan Cloud Computing Market By Vertical ($Mn)

5.5.7 AUSTRALIA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.5.7.1 Australia Cloud Computing Market By IT Infrastructure ($Mn)

5.5.7.2 Australia Cloud Computing Market By Product/Service ($Mn)

5.5.7.3 Australia Cloud Computing Market By Vertical ($Mn)

5.5.8 SINGAPORE CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.5.8.1 Singapore Cloud Computing Market By IT Infrastructure ($Mn)

5.5.8.2 Singapore Cloud Computing Market By Product/Service ($Mn)

5.5.8.3 Singapore Cloud Computing Market By Vertical ($Mn)

5.5.9 REST OF ASIA PACIFIC CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.5.9.1 Rest of Asia Pacific Cloud Computing Market By IT Infrastructure ($Mn)

5.5.9.2 Rest of Asia Pacific Cloud Computing Market By Product/Service ($Mn)

5.5.9.3 Rest of Asia Pacific Cloud Computing Market By Vertical ($Mn)

5.6 Middle East & Africa Cloud Computing Market Snapshot

5.6.1 MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET BY IT INFRASTRUCTURE ($MN)

5.6.2 MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET BY PRODUCT/SERVICE ($MN)

5.6.3 MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET BY VERTICAL ($MN)

5.6.4 UAE CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.6.4.1 UAE Cloud Computing Market By IT Infrastructure ($Mn)

5.6.4.2 UAE Cloud Computing Market By Product/Service ($Mn)

5.6.4.3 UAE Cloud Computing Market By Vertical ($Mn)

5.6.5 SAUDI ARABIA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.6.5.1 Germany Cloud Computing Market By IT Infrastructure ($Mn)

5.6.5.2 Germany Cloud Computing Market By Product/Service ($Mn)

5.6.5.3 Germany Cloud Computing Market By Vertical ($Mn)

5.6.6 SOUTH AFRICA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.6.6.1 South Africa Cloud Computing Market By IT Infrastructure ($Mn)

5.6.6.2 South Africa Cloud Computing Market By Product/Service ($Mn)

5.6.6.3 South Africa Cloud Computing Market By Vertical ($Mn)

5.6.7 REST OF MIDDLE EAST & AFRICA CLOUD COMPUTING MARKET SIZE AND FORECASTS, 2019-2026 (US$ MN)

5.6.7.1 Rest of Middle East & Africa Cloud Computing Market By IT Infrastructure ($Mn)

5.6.7.2 Rest of Middle East & Africa Cloud Computing Market By Product/Service ($Mn)

5.6.7.3 Rest of Middle East & Africa Cloud Computing Market By Vertical ($Mn)

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 ALPHABET INC

6.2.1.1 Company Overview and Financial Performance

6.2.1.2 Recent Developments

6.2.2 MICROSOFT CORP

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 and Innovation

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 and Innovation

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 Information Procurement

7.2 Cloud Computing Analysis

7.3 Market Opportunity Forecast – Research Methodology & Formulation

7.4 Competitive Index – Research Methodology & Formulation

7.5 Additional Resources

7.5.1 MARKET DEFINITIONS – PRODUCT/SERVICE SEGMENTS

Contact Us

List of Tables

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) 94

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)

List of Figures

Index of 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, 2019 & 2026 (%)

Fig.17 Global Cloud Computing Market By Product/Service, 2019 2026 (US$ Million)

Fig.18 Global Cloud Computing Market By Vertical, 2019 & 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 – 2021 & 2026 (US$M)

Fig.22 Canada Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.23 Europe Cloud Computing Market Snapshot

Fig.24 Germany Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.25 UK Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.26 France Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.27 Italy Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.28 Spain Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.29 Rest of Europe Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.30 South & Central America Cloud Computing Market Snapshot

Fig.31 Brazil Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.32 Argentina Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.33 Chile Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.34 Colombia Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.35 Rest of South & Central America Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.36 Asia Pacific Cloud Computing Market Snapshot

Fig.37 China Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.38 India Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.39 Japan Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.40 Australia Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.41 Singapore Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.42 Rest of Asia Pacific Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.43 Middle East & Africa Cloud Computing Market Snapshot

Fig.44 UAE Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.45 Saudi Arabia Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.46 South Africa Cloud Computing By IT Infrastructure and Product/Service – 2021 & 2026 (US$M)

Fig.47 Rest of Middle East & Africa Cloud Computing By IT Infrastructure and Product/Service – 2021 & 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 ICT Survey Process

Fig.53 Research Methodology

Fig.54 Market Definitions

Frequently Asked Questions

The cloud computing market size was valued at US$ 552.3 billion in 2021.

The cloud computing market size is expected to reach US$ 1,119.5 billion by 2026.

The cloud computing market is expected to grow at a CAGR of 15.2% during the forecast period (2021-2026).

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.

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

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.

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