Cloud Computing Market Share | Forecast & Trends 2025

Q: What is the size of Cloud computing market?

The size of cloud computing market was estimated at USD 649 billion in 2024, and predicted to reach at USD 1.49 trillion by 2031.

Q: What is driving the cloud computing market's rapid growth?

Market drivers including growing demand for scalable infrastructure, advancements in AI and IoT, and the need for cost-effective IT solutions.

Q: What industries are leading in cloud computing adoption?

Healthcare, BFSI, retail, media and entertainment, and manufacturing are sectors who are at the forefront of cloud adoption due to their need for scalable IT resources.

Q: What challenges do businesses face with cloud computing?

Challenges faced by the market include the data privacy issues, compliance with regulations, network reliability, and managing costs associated with cloud services.

Q: Which regions are showing the strongest growth in cloud computing adoption?

North America leads the market and Asia-Pacific is also witnessing accelerated growth.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Cloud Computing Market Share | Global Trends, Segments & Forecast 2025

Code: MTA4547

Publication Date: Jun 2025

What is the share of Cloud Computing Market?

According to 绿帽社 internal database and industry insights, the Global cloud computing market size was exhibited approximately USD 649 billion in 2024, and predicted to reach at USD 1.49 trillion by 2031. Amazon web services and Microsoft Azure together holds 51% of the cloud computing market globally.

This growth of market is due to widespread digital transformation, the need for flexible IT infrastructure, and the growing reliance on data analytics.

Key Growth Drivers of the Cloud Computing Market

Increasing adoption of cloud-based data storage and computing services.
Rising demand for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) solutions.
Advancements in AI, IoT, and big data technologies.
Cost reduction and operational efficiency through cloud migration.
Expansion of 5G technology driving real-time cloud connectivity.

Cloud Computing Market Trends

The cloud computing market is expected for remarkable growth between 2025 and 2031. The market is driven by few growth factors including the increasing reliance on IaaS and PaaS solutions and the integration of advanced technologies like artificial intelligence, machine learning, and blockchain. Globally, the adoption of edge computing and serverless architectures is surging. Further reshaping the cloud strategies worldwide. In terms of Region, the North America and Asia-Pacific are leading the charge, with emerging markets in South America and Africa showing promising growth due to rising tech investments and cloud adoption initiatives.