As an illustration of what awaits us in this blog post, we’ll start with a picture of the current reality. Now it’s time to see which industries favor the cloud over traditional data centers. 25 Must-Know Cloud Computing Statistics in 2020. The world’s best cloud storage service was released today, called Titanic. According to the report, the Cloud Computing in Healthcare market is projected to reach a value of USDXX by the end of 2027 and grow at a CAGR of XX% through the forecast period (2020-2027). If not, and you still wonder if the cloud is the place for your website, feel free to check out the latest trends in cloud computing. word processors, spreadsheets, etc. Cloud Computing Service Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast to 2026,,,,,,, Recent Research: Detailed Analysis on Vertical Farming System or Module Market Size with Forecast to 2026, Art Collection Software market: Industry analysis 2020 and forecasts to 2026, Online Booking Tools Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2026. Therefore, experts anticipate the disparity between the two to grow. By Market Study Report Published: 6 hours ago Product ID: 2251608. Cloud computing statistics show security is one of the main concerns for companies, and it does appear they’ve taken precautions. Naturally, bigger enterprises spend more money on cloud computing. We already know AWS holds almost a third of the market. Cloud migration isn’t a security trade-off. Growth opportunities. Cisco predicts that SaaS, software as a service, solutions will account for more th… It is also estimated that 56% of all workloads will be in the public cloud by 2018. Although AWS is way ahead of its rivals, both Azure and Google Cloud’s YoY growth is higher. If you do decide to switch after reading this, it will be effortless. One of the less known cloud computing facts is that more than half of organizations lack staff with cloud experience and this constitutes one of the primary challenges for cloud adoption. Let’s see how that looks in terms of numbers: Back in 2016, this figure used to be $1.6 million. The infrastructure service just makes progress faster. The overall annual growth rate of cloud workloads from 2014 to 2019 is projected be 27%, but public cloud workloads are expected to grow at a 44% rate. Because of SaaS’s massive adoption, this type of service brings a lot of revenue. Although the other delivery models are steadily gaining more ground, SaaS is still the most common one. Azure usage also grew, especially among enterprises. Google, however, boasts the best results out of this bunch. Projected values for the growth … This is a $7.5 billion increase since Q2 of the previous year. Market Study Report LLC The cloud system infrastructure services (IaaS) segment is forecast to grow by almost 27 percent in 2021 compared to 2020. Geographically, the Cloud Computing Service market is bifurcated into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America. The report also elaborates on the competitive trends, along with all-inclusive analysis of the industry supply chain. To deliver iCloud and other Apple services to consumers. The ' Online Booking Tools market' study now available at, is a detailed sketch of the business sphere in terms of current and future trends driving the profit matrix. 2020 witnessed one of the worst pandemic encountered by humanity, and it changed everything: The way we live, the way we interact, and the way we do business. Basically, the only difference is who owns the infrastructure. Meaning, they use more than one public or private cloud. Impact of COVID-19 pandemic on the growth matrix in the long run. This is another Hosting Tribunal take at the cloud computing market. The latter are showing signs of catching up, although it will take them a long time to actually get there. Global Cloud Computing in Banking Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth … Future Growth Of Cloud Computing in Education Sector Market By New Business Developments, Innovations, And Top Companies – Forecast To 2025. Also, you pay only for what you use. 6. For reference, the cloud hosted 45% of workloads in 2018. We live in an age of BYOD workers and flexible working hours. The average savings from cloud migration come to around 15% on all IT spending. Actually, all services see an increase in adoption, year-over-year. There are many cloud service providers out there, but those are the three big dogs in the industry. And even just a slow website hurts your bottom line way too much. This is attributable to the increasing adoption of cloud-based solutions among SMEs to increase efficiency and reduce operational costs. ). Cloud computing’sfuture growth all began when the growth of infrastructure as a service, IaaS, and platform as a service, PaaS, expanded the number of cloud solutions available in public and private sectors. In any case, cloud adoption has its benefits and risks as well. Google Cloud adoption grew even more strongly to narrow the gap with Azure. All Rights Reserved. According to statistics on cloud computing trends, on-premises hosted servers will see a drop in workload from 37% to 27%. The key focus of Cloud Computing in Education Sector market report is to evaluate the performance of the industry in the ensuing years to help stakeholders … Now the company offers more than 140 services to its clients. They will be the other two industries to feature among the top five spenders in 2022. Furthermore, it covers the latest developments, comprising the COVID-19 pandemic, to help market participants identify the opportunities in this business sphere. Remarkably, the SMB’s cloud budget grows even faster than that – it has more than doubled since 2016. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, reaching a compound annual growth rate (CAGR) of 12.6%. The report also indicates a pointwise outline of mar... © 2020 Oracle, IBM, and Google Clouds were also adopted by many companies. Major highlights from COVID-19 impact analysis: Ask for Discount on Cloud Computing Service Market Report at: 75% of IT experts find managing privacy and data protection in a cloud environment to be more complicated than on premises. We could also mention Alibaba Cloud (4%) and IBM Cloud (3.8%), but they are too far behind. Now that we know how much companies pay and why they adopt the cloud, let’s have a look at the vendors. The leading cloud services in terms of revenue are: Smaller companies still dedicate less of their IT budget toward the cloud – around 20%. More and more businesses adopt the cloud at one point or another. An interesting fact is that AWS accounts for 13% of Amazon’s total sales. Global Vertical Farming System or Module Market Size 2020-2026 report covers emerging opportunities in the market and the future impact of major Key vendors and Market driver and, support decisions in making cost-effective business decisions. With more and more corporate data being stored in the cloud (43% in 2017), this poses a security risk. In principle, cloud computing involves two components, a cloud infrastructure and software applications. Numbers don’t lie; the cloud industry is blooming. But what type of cloud do they choose? Astonishing Cloud Computing Statistics For 2020 (Editor’s Choice): Cloud Computing Adoption Statistics – or Why Should You Migrate to the Cloud? Usually, enterprises run a more significant part of their workloads in a private cloud (46%) and a smaller portion (33%) in the public cloud. If you use traditional hosting, you pay the hosting company a fixed amount every month. The ' Cloud Computing Service market' research report now available at delivers a thorough analysis of the industry trends influencing the global business scenario. 2018 cloud computing statistics from IDC predict a 10.9% growth rate of the demand for servers, Ethernet switches, and enterprise storage solutions. Let’s take a look at other estimates, trends, and statistics that indicate how much we’re pivoting to SaaS solutions. The study also delves into the ever-changing competitive scenario by profiling the leading industry players. 90% of NFPs are using cloud-based email, which seems to be a trend in basically all businesses. Nevertheless, 53% of companies aim to increase their cloud security using various techniques – like multi-factor identification, for example. Revenue and the volume predictions of each product type are validated. When it was launched in 2006, it provided only one service. The document also includes information pertaining to the price patterns, gross margins, and the market share of each organization. “The expectations of the outcomes associated with cloud investments therefore are also higher. Also known as AWS, Amazon’s cloud computing division has been the leader in the cloud industry market for several years now. Of course, there is much more nuance in cloud growth. Their cloud service’s revenue was $2.3 billion, which means an 83% growth from the $1.2 billion the company made in Q1 2018. Although the cloud computing statistics we’ve seen so far look promising, still…. We discovered who are its most prominent players, and also who uses cloud computing and why. According to cloud computing growth stats, the industry will grow at a CAGR of 18%. Worldwide COVID-19 status and its implications on the economy. Gartner’s forecast predicts the revenue from SaaS alone in 2021 will be $113.1 billion. Crucial details regarding the product portfolio, company profile, production patterns, and market remuneration are cited in the study. While we are on the subject of money, let’s say a few words about cloud expenses around the world. Companies employing more than 1,000 people spent an average of $3.5 million. The report provides information on Industry Trends, Demand, Top Manufacturers, product, Material and Application and manufacturers. We use affiliate links to earn commissions from most of the products reviewed and recommended on our pages. (Source: Forbes) Roughly, 48% went to SaaS, 30% to IaaS, and 21% to PaaS. This speed of growth is staggering, that much is clear. Impressive speed of growth, isn’t it? However, cloud engineers do remain some of the most sought-after industry professionals. The study assesses the market share for each application and estimates their CAGR during the forecast period. Only IaaS will see a moderate amount of recession, reaching 16% in 2021. Disaster recovery (38%), flexibility (37%), and relieving IT staff’s job (36%) are amongst the top answers as well. 30% of all IT budgets were allocated to cloud computing in 2018. This article presents recent statistics on enterprises' use of cloud computing services in the European Union (EU). Second, when the visitors’ number actually increases, the cloud should immediately provide more resources to give your customers the best experience. (Source: Canalys) This gives you some idea of the size of the industry, doesn’t it? The statistic shows the size of the global market for public cloud application infrastructure services (platform as a service or PaaS) from 2015 to 2022. Online backup/recovery – 15% of cloud-related spending. According to Cisco, SaaS and PaaS will grow in the years to come. SaaS spending vs overall IT spending. A complete backdrop analysis, which includes an assessment of the parent market, Market segmentation up to the second or third level, Historical, current, and projected size of the market from the standpoint of both value and volume, Reporting and evaluation of recent industry developments, Market shares and strategies of key players, Emerging niche segments and regional markets, An objective assessment of the trajectory of the market, Leading companies that formulate the competitive landscape of the Cloud Computing Service market are. Email: [email protected]. Using SWOT analysis and Porter’s five forces analysis, the report aids in determining the feasibility of a new project. This growth is a torch passed by years of steady growth. Increased investments in cloud computing aren’t due to high adoption alone. But why exactly are companies starting their journey to … The kind and level of technical support received varies from one managed cloud hosting provider to another, but it can be very thorough, indeed. Cloud Computing ist ein aktueller Trend in Unternehmen. By the way, did you know that, technically, it was Moses who had the first tablet that downloaded files from the cloud? Gartner predicts that through 2022 at least 95% of security failures in the cloud will be caused by the customers. Although saving money is a good incentive, it’s not the main reason. The truth is… if you don’t know why this matters – then you probably won’t see what the big deal is. Based on the type, the cloud computing market is divided into hybrid cloud, private cloud, and public cloud. 21+ Stunning Drupal Stats Each Website Owner Should Know, 15+ Mind-boggling Minecraft Statistics for the Dedicated Gamer, 21+ Website Load Time Statistics and Facts [Infographic – How Speed Affects Your Website], AWS Web Hosting Facts & Stats (Infographic), 43+ Insightful Domain Facts [Infographic], 101 Affiliate Marketing Stats [Infographic] – Updated in 2020, 30+ Joomla Statistics for the Newly-fledged Webmaster in 2020, What Is DNS, How Does It Work, And How to Use Your DNS Zone, 53 Cybersecurity Statistics from 2020: Stay Safe in the New Decade, Your email address will not be published. Cloud computing for business yet to go mainstream in the EU. This gives you some idea of the size of the industry, doesn’t it? If it’s the latter, let’s see if cloud computing stats can help you make the decision. Though global IT spending might be down as businesses and economies suffer, cloud growth is the bright spot, with cloud spending expected to rise 6.3% year over year. Each sector plans to spend more than $20 billion on cloud services in 2020. The companies estimate 27% of their cloud computing budget went to waste in 2019 due to poor management. Furthermore, experts say 60% of workloads are running on a hosted cloud service in 2019. The statistics on cloud computing show that companies not only use multiple clouds today, but they have plans to expand multi- and hybrid cloud use in the future: According to a 451 Research survey , 69% of organizations plan to run a multi-cloud environment by 2019. With cloud computing, this doesn’t happen at all. Did you know that Apple pays Amazon more than $30 million each month? First of all, you pay less (or literally nothing) during the months when your website lacks traffic. We touched upon the most key cloud computing statistics. First of all let’s see the main types of services, provided by cloud vendors: In the realm of web hosting, cloud services are often divided into two categories: managed and unmanaged. Between 2016 and 2017, there was a growth of $3.3 billion. Unaware that life beyond the internet exists, Nick is poking servers and control panels, playing with WordPress add-ons and helping people get the hosting that suits them. Global Help Desk Software Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery Now we can break the industry down a bit more. The dossier provides a broad overview of the current market and revenue forecasts for the growth of the cloud computing industry. Small to medium businesses, on the other hand, prefer to use a public cloud (43%), instead of arguably more expensive private solutions (35%). Google Cloud’s computing services account for 8.5%. Cloud computing services may meet a wide range of other business ICT needs. It provides insights about the restraints as well as opportunities to assist in better decision making and execute further business expansion. Phone: 1-302-273-0910 This can only mean companies set aside a lot of funds to spend on cloud services. Global Video Gaming Hardware Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery Other highlights from the Cloud Computing Service market report: For More Details On this Report:, 1. Request a sample Report of Cloud Computing Service Market at: Here are the countries that spent the most on cloud computing technologies in 2019: According to cloud computing growth stats, the industry will grow at a CAGR of 18%. You own a website that sells Christmas decorations. Corporate Sales, Your email address will not be published. 9) Cloud computing spending has been growing at 4.5 times the rate of IT spending since 2009 and is expected to grow at better than 6 times the rate of IT spending from 2015 through 2020 according to Forbes. Dec 06, 2020 (The Expresswire) -- 2021Cloud Computing Stack Layers Market :- Cloud computing describes wide range of useful services. However, the growth of private cloud workloads will be slower, at 16% rate during the same period. Key highlights from the Cloud Computing Platform as a Service (PaaS) market report: COVID-19 impact on the growth matrix. That’s why 42% of them say providing access to data anytime, anywhere, is the main driver for cloud adoption. Cloud Computing Companies Growth Trends for 2020. Now, let’s delve a little deeper and see what lies behind these cloud computing stats. Here’s an appetizer before the main course: You can also see the trends in cloud computing and decide if it’s right for your business in the long run, or not. And it may lead to your website loading slowly for your visitors… or not at all. Professional services (12.2%), discrete manufacturing (11.8%), and banking (10.6%) account for more than a third of the global expenditure. Almost every enterprise (84%), which uses a cloud, has a multi-cloud strategy. The global cloud computing trends show only a minority of companies have devised automated policies to face this issue. With that taken care of, let’s continue with our stats. Companies can benefit from the built-in cloud security. You can see practically all network monitoring tools try to bridge this gap by including more features geared towards the cloud. Even better – your web hosting company is likely among the modern cloud hosting providers (like InMotion Hosting or HostGator are). Read More: If cloud growth in 2020 must be summed up in a single stat, it’s this: Gartner predicts public cloud revenue will grow 6.3% just in 2020 for a total revenue close to $258 billion U.S., up $15 billion from last year. Its market is larger than that of the next four combined. In contrast, the average spending of smaller companies was at $889,000. Cloud Computing in Healthcare Scenario 2020-2025: This in-depth market research identifies the growth potential of a Cloud Computing in Healthcare, which can help stakeholders understand key Cloud Computing in Healthcare trends and prospects, identify growth opportunities and competition scenarios. 2. The reason is simple – more brands are switching to the cloud. 31. An overview of the development of every regional market as well as their CAGR over the analysis period is stated in the report. Its revenue has grown by 75% since Q1 2018. Cloud Computing for Business Operations Market Statistics by Types: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) and Recovery as a Service (RaaS . The hybrid strategy, in particular, fosters certain benefits. Der Anteil der Unternehmen in Deutschland, die im Jahr 2019 Cloud-Lösungen einsetzen beträgt 76 Prozent. The ability to work outside the office makes companies more global and connected. Some 39 % used it to host their database, while 34 % reported using it for office software (e.g. Cloud computing statistics place Microsoft Azure second with 16.8% of the global cloud market. Doesn’t “cloud computing statistics” sound tempting enough? This is why, for the last three years, cost-saving has been the priority for companies. Azure earned Microsoft a total of $3.4 billion for the same period. We already found out the global cloud computing market share.