March 28, 2024

Cloud Services Market Size to Hit Around US$ 1630 bn by 2030

Precedence Research a new report on cloud services market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global cloud services market size was valued at US$ 387.15 billion in 2021. The global cloud services market is projected to reach US$ 1630 billion by 2030, registering a compound annual growth rate (CAGR) of 17.32% during the forecast period from 2022 to 2030.

Cloud Services

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The global cloud services market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per cloud services, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Cloud Services Market Report Scope 
Report Coverage Details
Market Size by 2030 USD 1630 Billion
Growth Rate from 2022 to 2030 CAGR of 17.32%
North America Market Share in 2021 40%
Private Deployment Segment Market Share in 2021 46%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Services, Organization Size, Verticals, Geography

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Read Also@ Service Robotics Market Size to Hit Around US$ 155.49 bn by 2030

Some of the prominent players in the cloud services market include:
  • Alibaba Group Holding Limited
  • Amazon Web Services, Inc
  • Cisco Systems, Inc
  • Dell, Technologies Inc
  • Google Llc
  • Hewlett Packard Enterprise Development Lp
  • International Business Machines Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Rackspace Hosting, Inc
  • RyohinKeikaku Co. Ltd.
  • Isagenix International LLC
Cloud Services Market Segmentation

By Type

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Service

  • Infrastructure as a Service (IaaS)
    • Primary Storage
    • Disaster Recovery and Backup
    • Archiving
    • Compute
  • Platform as a Service (PaaS)
    • Application Development and Platforms
    • Application Testing and Quality
    • Analytics and Reporting
    • Integration and Orchestration
    • Data Management
  • Software as a Service (SaaS)
    • Customer Relationship Management (CRM)
    • Enterprise Resource Management (ERM)
    • Human Capital Management (HCM)
    • Content Management
    • Collaboration and Productive Suites
    • Supply Chain Management (SCM)
    • Others

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Verticals

  • BFSI
  • Telecommunications
  • IT and ITeS
  • Government and Public Sector
  • Retail and Consumer Goods
  • Manufacturing
  • Energy and Utilities
  • Media and Entertainment
  • Healthcare and Life Sciences
  • Others (Education, Travel and Hospitality, and Transportation and Logistics)

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the cloud services market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2022 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global cloud services market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global cloud services market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global cloud services market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global cloud services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for cloud services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Cloud Services Market 

5.1. COVID-19 Landscape: Cloud Services Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Cloud Services Market, By Type

8.1. Cloud Services Market, by Type, 2022-2030

8.1.1. Public Cloud

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Private Cloud

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Hybrid Cloud

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Cloud Services Market, By Service

9.1. Cloud Services Market, by Service e, 2022-2030

9.1.1. Infrastructure as a Service (IaaS)

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Platform as a Service (PaaS)

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Software as a Service (SaaS)

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Cloud Services Market, By Organization Size 

10.1. Cloud Services Market, by Organization Size, 2022-2030

10.1.1. Small and Medium-sized Enterprises (SMEs)

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Large Enterprises

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Cloud Services Market, By Verticals 

11.1. Cloud Services Market, by Verticals, 2022-2030

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Telecommunications

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. IT and ITeS

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Government and Public Sector

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Retail and Consumer Goods

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Manufacturing

11.1.6.1. Market Revenue and Forecast (2017-2030)

11.1.7. Energy and Utilities

11.1.7.1. Market Revenue and Forecast (2017-2030)

11.1.8. Media and Entertainment

11.1.8.1. Market Revenue and Forecast (2017-2030)

11.1.9. Healthcare and Life Sciences

11.1.9.1. Market Revenue and Forecast (2017-2030)

11.1.10. Others (Education, Travel and Hospitality, and Transportation and Logistics)

11.1.10.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Cloud Services Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Type (2017-2030)

12.1.2. Market Revenue and Forecast, by Service (2017-2030)

12.1.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.1.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Type (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Service (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Type (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Service (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Type (2017-2030)

12.2.2. Market Revenue and Forecast, by Service (2017-2030)

12.2.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.2.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Type (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Service (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Type (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Service (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Type (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Service (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Type (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Service (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Type (2017-2030)

12.3.2. Market Revenue and Forecast, by Service (2017-2030)

12.3.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.3.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Type (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Service (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Type (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Service (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Type (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Service (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Type (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Service (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Type (2017-2030)

12.4.2. Market Revenue and Forecast, by Service (2017-2030)

12.4.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.4.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Type (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Service (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Type (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Service (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Type (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Service (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Type (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Service (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Type (2017-2030)

12.5.2. Market Revenue and Forecast, by Service (2017-2030)

12.5.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.5.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Type (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Service (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Verticals (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Type (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Service (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Organization Size (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Verticals (2017-2030)

Chapter 13. Company Profiles

13.1. Alibaba Group Holding Limited

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Amazon Web Services, Inc

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Cisco Systems, Inc

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Dell, Technologies Inc

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Google Llc

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Hewlett Packard Enterprise Development Lp

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. International Business Machines Corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Microsoft Corporation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Oracle Corporation

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Rackspace Hosting, Inc

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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