Global Cloud Computing Market Size Was Valued at USD 135200 Million In 2022 With a CAGR of 27.9% During Review Period（2022-2029）

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”.

According to our (Global Info Research) latest study, the global Cloud Computing market size was valued at USD 135200 million in 2022 and is forecast to a readjusted size of USD 758820 million by 2029 with a CAGR of 27.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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%.

North America is the largest market, with a share over 35%, followed by EU and Japan, both have a share over 35%.

In terms of product, Infrastructure as a Service (IaaS) is the largest segment, with a share over 50%. And in terms of application, the largest application is Large Enterprises, followed by Small and Medium Sized Enterprises, Government, etc.

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Market segment by Type

Infrastructure as a Service (IaaS)

Platform as a Service (PaaS)

Software as a Service (SaaS)

Market segment by Application

Government

Small and Medium Sized Enterprises

Large Enterprises

Market segment by players, this report covers

Amazon Web Services

Microsoft Azure

IBM

Aliyun

Google Cloud Platform

Salesforce

Rackspace

SAP

Oracle

Vmware

DELL

EMC

This report is a detailed and comprehensive analysis for global Cloud Computing market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Market segmentation

Cloud Computing market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

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