May 20, 2024
ICT

Cloud Infrastructure Services Market Size To Rake USD 598.83 Bn By 2033

The cloud infrastructure services market size is poised to grow by USD 598.83 billion by 2033 from USD 121.95 billion in 2023, exhibiting a CAGR of 17.30% during the forecast period 2024 to 2033.

Cloud Infrastructure Services Market Size 2024 To 2032

Key Takeaways

  • North America contributed more than 45.30% of market share in 2023.
  • Asia-Pacific is estimated to expand the fastest CAGR between 2024 and 2033.
  • By service type, the compute as a service segment has held the largest market share of 33% in 2023.
  • By service type, the networking as a service segment is anticipated to grow at a remarkable CAGR of 18.9% between 2024 and 2033.
  • By deployment model, the public cloud segment generated over 36% of the market share in 2023.
  • By deployment model, the hybrid cloud segment is expected to expand at the fastest CAGR over the projected period.
  • By organization size, the small and medium-sized enterprises (SMEs) segment generated over 56% of the market share in 2023.
  • By organization size, the large enterprises segment is expected to expand at the fastest CAGR over the projected period.
  • By end-user vertical, the IT & telecommunications segment generated over 21% of market share in 2023.
  • By end-user vertical, the retail segment is expected to expand at the fastest CAGR over the projected period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Cloud infrastructure services market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Cloud infrastructure services Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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Cloud Infrastructure Services Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 17.30%
Market Size in 2023 USD 121.95 Billion
Market Size by 2033 USD 598.83 Billion
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Service Type, By Deployment Model, By Organization Size, and By End-user Vertical
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Emergency Department Information System Market Size To Rake USD 3,183.43 Bn By 2032

The empirical study on the global Cloud infrastructure services market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Cloud infrastructure services Market. Our market report for the Cloud infrastructure services market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Cloud Infrastructure Services Market Companies

  • Amazon Web Services (AWS)
  • Microsoft Azure
  • Google Cloud Platform (GCP)
  • IBM Cloud
  • Oracle Cloud
  • Alibaba Cloud
  • VMware Cloud
  • Cisco Systems
  • Dell Technologies
  • Hewlett Packard Enterprise (HPE)
  • Salesforce
  • Red Hat
  • SAP
  • Adobe
  • Rackspace Technology

Data Sources and Methodology

To gather comprehensive insights on the Global Cloud infrastructure services Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Cloud infrastructure services Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Cloud infrastructure services market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Service Type

  • Compute as a Service
  • Storage as a Service
  • Networking as a Service
  • Other Service Types (Desktop as a Service, Managed Hosting)

By Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Organization Size

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

By End-user Vertical

  • BFSI
  • IT & Telecommunications
  • Retail
  • Healthcare & Life Sciences
  • Government
  • Other End-user Verticals (Energy & Utilities, Media & Entertainment)

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Cloud infrastructure services market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Cloud infrastructure services market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Cloud infrastructure services market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Cloud infrastructure services market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

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 Infrastructure Services Market 

5.1. COVID-19 Landscape: Cloud Infrastructure 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 Infrastructure Services Market, By Service Type

8.1. Cloud Infrastructure Services Market, by Service Type, 2023-2032

8.1.1. Compute as a Service

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Storage as a Service

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Networking as a Service

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Other Service Types (Desktop as a Service, Managed Hosting)

8.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Cloud Infrastructure Services Market, By Deployment Model

9.1. Cloud Infrastructure Services Market, by Deployment Model, 2023-2032

9.1.1. Public Cloud

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Private Cloud

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Hybrid Cloud

9.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Cloud Infrastructure Services Market, By Organization Size 

10.1. Cloud Infrastructure Services Market, by Organization Size, 2023-2032

10.1.1. Small and Medium-Sized Enterprises (SMEs)

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Large Enterprises

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Cloud Infrastructure Services Market, By End-user Vertical 

11.1. Cloud Infrastructure Services Market, by End-user Vertical, 2023-2032

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. IT & Telecommunications

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Retail

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Healthcare & Life Sciences

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. Government

11.1.5.1. Market Revenue and Forecast (2020-2032)

11.1.6. Other End-user Verticals (Energy & Utilities, Media & Entertainment)

11.1.6.1. Market Revenue and Forecast (2020-2032)

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

12.1. North America

12.1.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.1.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.1.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.1.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.1.5.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.1.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.1.5.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.1.6.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.1.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.1.6.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.2.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.2.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.2.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.2.5.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.2.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.2.5.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.2.6.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.2.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.2.6.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.2.7.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.2.7.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.2.7.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.2.8.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.2.8.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.2.8.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.3.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.3.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.3.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.3.5.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.3.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.3.5.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.3.6.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.3.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.3.6.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.3.7.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.3.7.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.3.7.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.3.8.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.3.8.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.3.8.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.4.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.4.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.4.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.4.5.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.4.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.4.5.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.4.6.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.4.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.4.6.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.4.7.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.4.7.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.4.7.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.4.8.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.4.8.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.4.8.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.5.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.5.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.5.5.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.5.5.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.5.5.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Service Type (2020-2032)

12.5.6.2. Market Revenue and Forecast, by Deployment Model (2020-2032)

12.5.6.3. Market Revenue and Forecast, by Organization Size (2020-2032)

12.5.6.4. Market Revenue and Forecast, by End-user Vertical (2020-2032)

Chapter 13. Company Profiles

13.1. Amazon Web Services (AWS)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Microsoft Azure

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Google Cloud Platform (GCP)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. IBM Cloud

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Oracle Cloud

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Alibaba Cloud

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. VMware Cloud

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Cisco Systems

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Dell Technologies

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Hewlett Packard Enterprise (HPE)

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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