Reports
Global Cloud Computing Market: By Service: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS); By Deployment Model: Public, Private, Hybrid; By Organisation Size; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Cloud Computing Market Outlook
The global cloud computing market is expected to grow at a CAGR of 15% in the forecast period of 2023-2028 to attain USD 810 billion by 2026.
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Substantial Growth Prospects in the Asia Pacific to Boost the Market Growth of Cloud Computing
During the forecast period, the Asia Pacific region is projected to provide substantial growth opportunities. A few factors driving cloud computing adoption in this region are the growing availability of skilled labour and the keen emphasis given by SMEs and large enterprises to join and expand in this region. Public cloud services, in particular, have exploded in popularity in the Asia Pacific region as businesses look to improve their digital initiatives. Cloud computing has become the cornerstone of how many companies work today, as they strive for greater business agility and customer satisfaction. Organisations are working to improve application efficiency while still providing a positive customer experience.
Cloud Computing: Market Segmentation
Cloud computing is the distribution of computing services over the Internet (the cloud), including servers, storage, databases, networking, applications, analytics, and intelligence, in order to provide quicker innovation, more versatile resources, and economies of scale.
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The market is divided on the basis of service into:
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
In terms of deployment model, the market is divided into:
- Public
- Private
- Hybrid
On the basis of organization size, the industry is segmented into:
- Large Enterprises
- Small and Medium Enterprises
In terms of end use, the market is segregated into:
- BFSI
- IT and Telecom
- Retail and Consumer Goods
- Manufacturing
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Government and Public Sector
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Cost Effective Services are Pushing the Market Growth of Cloud computing
Enterprises are concerned about the costs of data hosting on-premises, both in terms of deployment and maintenance. Furthermore, employee costs and problems with downtime are two additional challenges for businesses. The current competitive environment and global economic conditions have intensified the implementation of cost-effective business model restructuring steps. Another factor driving the adoption of cloud computing services is the growing shift of businesses toward digital transformation and the acceleration of customer engagement, both of which are lowering enterprise costs. Furthermore, the cloud offers the pay-as-you-go model, which allows businesses to pay for cloud services based on how much they use them, resulting in lower costs. Therefore, boosting the market growth of cloud computing.
Key Industry Players in the Global Cloud computing Market
The report gives a detailed analysis of the following key players in the global cloud computing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Microsoft Corporation
- Amazon Web Services
- Oracle Corporation
- Google LLC
- SAP SE
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Service, Deployment Model, Organisation Size, End Use, Region |
| Breakup by Service | Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS) |
| Breakup by Deployment Model | Public, Private, Hybrid |
| Breakup by Organisation Size | Large Enterprises, Small and Medium Enterprises |
| Breakup by End Use | BFSI, IT and Telecom, Retail and Consumer Goods, Manufacturing, Energy and Utilities, Healthcare, Media and Entertainment, Government and Public Sector, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Microsoft Corporation, Amazon Web Services, Oracle Corporation, Google LLC, SAP SE, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cloud Computing Market Analysis
8.1 Key Industry Highlights
8.2 Global Cloud Computing Historical Market (2018-2022)
8.3 Global Cloud Computing Market Forecast (2023-2028)
8.4 Global Cloud Computing Market by Service
8.4.1 Software as a Service (SaaS)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Platform as a Service (PaaS)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Infrastructure as a Service (IaaS)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Cloud Computing Market by Deployment Model
8.5.1 Public
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Private
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hybrid
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Cloud Computing Market by Organisation Size
8.6.1 Large Enterprises
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Small and Medium Enterprises
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Cloud Computing Market by End Use
8.7.1 BFSI
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 IT and Telecom
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Retail and Consumer Goods
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Manufacturing
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Energy and Utilities
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
8.7.6 Healthcare
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2018-2022)
8.7.6.3 Forecast Trend (2023-2028)
8.7.7 Media and Entertainment
8.7.7.1 Market Share
8.7.7.2 Historical Trend (2018-2022)
8.7.7.3 Forecast Trend (2023-2028)
8.7.8 Government and Public Sector
8.7.8.1 Market Share
8.7.8.2 Historical Trend (2018-2022)
8.7.8.3 Forecast Trend (2023-2028)
8.7.9 Others
8.8 Global Cloud Computing Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Cloud Computing Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Cloud Computing Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Cloud Computing Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Cloud Computing Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Cloud Computing Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Microsoft Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Amazon Web Services
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Oracle Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Google LLC
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 SAP SE
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cloud Computing Market: Key Industry Highlights, 2018 and 2028
2. Global Cloud Computing Historical Market: Breakup by Service (USD Million), 2018-2022
3. Global Cloud Computing Market Forecast: Breakup by Service (USD Million), 2023-2028
4. Global Cloud Computing Historical Market: Breakup by Deployment Model (USD Million), 2018-2022
5. Global Cloud Computing Market Forecast: Breakup by Deployment Model (USD Million), 2023-2028
6. Global Cloud Computing Historical Market: Breakup by Enterprises Size (USD Million), 2018-2022
7. Global Cloud Computing Market Forecast: Breakup by Enterprises Size (USD Million), 2023-2028
8. Global Cloud Computing Historical Market: Breakup by End Use (USD Million), 2018-2022
9. Global Cloud Computing Market Forecast: Breakup by End Use (USD Million), 2023-2028
10. Global Cloud Computing Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Cloud Computing Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Cloud Computing Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Cloud Computing Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Cloud Computing Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Cloud Computing Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Cloud Computing Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Cloud Computing Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Cloud Computing Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Cloud Computing Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Cloud Computing Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Cloud Computing Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Cloud Computing Market Structure
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