Global Cloud Computing Services Market Growth (Status and Outlook) 2024-2030

Global Cloud Computing Services Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Cloud Computing Services market size was valued at US$ 128540 million in 2023. With growing demand in downstream market, the Cloud Computing Services is forecast to a readjusted size of US$ 230700 million by 2030 with a CAGR of 8.7% during review period.

The research report highlights the growth potential of the global Cloud Computing Services market. Cloud Computing Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Cloud Computing Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Cloud Computing Services market.

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”.

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.

Key Features:

The report on Cloud Computing Services market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Cloud Computing Services market. It may include historical data, market segmentation by Type (e.g., Software as a Service (SaaS), Platform as a Service (PaaS)), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Cloud Computing Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Cloud Computing Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Cloud Computing Services industry. This include advancements in Cloud Computing Services technology, Cloud Computing Services new entrants, Cloud Computing Services new investment, and other innovations that are shaping the future of Cloud Computing Services.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cloud Computing Services market. It includes factors influencing customer ' purchasing decisions, preferences for Cloud Computing Services product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cloud Computing Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cloud Computing Services market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cloud Computing Services market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Cloud Computing Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Cloud Computing Services market.

Market Segmentation:

Cloud Computing Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

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.