Global Cloud Computing Services Market Growth (Status and Outlook) 2023-2029

Global Cloud Computing Services Market Growth (Status and Outlook) 2023-2029

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”.

LPI (LP Information)' newest research report, the “Cloud Computing Services Industry Forecast” looks at past sales and reviews total world Cloud Computing Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud Computing Services sales for 2023 through 2029. With Cloud Computing Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud Computing Services industry.

This Insight Report provides a comprehensive analysis of the global Cloud Computing Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud Computing Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud Computing Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud Computing Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud Computing Services.

The global Cloud Computing Services market size is projected to grow from US$ 128540 million in 2022 to US$ 230700 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Cloud Computing Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Software as a Service (SaaS)
Platform as a Service (PaaS)
Infrastructure as a Service (IaaS)
Everything as a Service (XaaS)

Segmentation by application
Cloud IoT Services
Carrier Cloud Services

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amazon Web Services (AWS)
Microsoft
IBM
Aliyun
Google Cloud Platform
Salesforce
Rackspace
SAP
Oracle
Vmware
DELL
EMC

Please note: The report will take approximately 2 business days to prepare and deliver.