by The global cloud infrastructure market size was estimated to be around US$ 233.91 billion in 2023 and is projected to reach US$ 653.88 billion by 2032, indicating a CAGR of 12.10% from 2023 to 2032.
Key Takeaways
- North America contributed more than 42% of revenue share in 2022.
- Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By type, the hardware segment has held the largest market share of 56% in 2022.
- By type, the services segment is anticipated to grow at a remarkable CAGR of 13.4% between 2023 and 2032.
- By end use, the IT & telecom segment generated over 28% of revenue share in 2022.
- By end use, the healthcare segment is expected to expand at the fastest CAGR over the projected period.
The Cloud Infrastructure Market has experienced exponential growth in recent years, emerging as a cornerstone of modern IT ecosystems. Cloud infrastructure refers to the collection of hardware and software components, including servers, storage, networking, and virtualization, that are essential for the delivery of cloud services. Organizations across various industries are increasingly shifting towards cloud-based solutions to enhance scalability, flexibility, and cost-efficiency in managing their IT infrastructure.
Get a Sample: https://www.precedenceresearch.com/sample/3660
Growth Factors
Several key factors contribute to the robust growth of the Cloud Infrastructure Market. The rising demand for digital transformation initiatives, coupled with the need for efficient data storage and processing capabilities, has fueled the adoption of cloud infrastructure. The scalability and on-demand resource provisioning offered by cloud services empower businesses to adapt swiftly to changing market dynamics. Additionally, the proliferation of IoT (Internet of Things) devices and the increasing volume of data generated have further accelerated the demand for robust and scalable cloud infrastructure solutions.
Cloud Infrastructure Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 12.10% |
| Market Size in 2023 | USD 233.91 Billion |
| Market Size by 2032 | USD 653.88 Billion |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Type and By End-use |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Electrophoresis Market Size To Reach USD 3.94 Billion By 2032
Cloud Infrastructure Market Dynamics
Drivers:
A myriad of drivers propels the Cloud Infrastructure Market forward. The foremost driver is the cost-effectiveness associated with cloud computing, allowing organizations to avoid substantial upfront investments in hardware and infrastructure. Moreover, the agility and speed of deployment offered by cloud services enable businesses to innovate rapidly and bring products to market more swiftly. Security enhancements in cloud infrastructure have also played a pivotal role in fostering trust among enterprises, contributing to increased adoption.
Opportunities:
The Cloud Infrastructure Market presents numerous opportunities for both service providers and end-users. The ongoing evolution of cloud technologies, such as the integration of artificial intelligence and machine learning, provides a fertile ground for innovation. Hybrid and multi-cloud solutions are gaining prominence, offering organizations greater flexibility and customization in meeting their specific needs. Additionally, as businesses recognize the importance of data analytics, the demand for cloud-based analytics platforms continues to surge, presenting a significant opportunity for market growth.
Challenges:
While the Cloud Infrastructure Market thrives, it is not without its challenges. Concerns about data privacy and security remain at the forefront, prompting businesses to carefully assess the reliability of cloud service providers. The complexity of migrating existing systems to the cloud and ensuring seamless integration poses a challenge for some enterprises. Furthermore, regulatory compliance issues, especially in highly regulated industries, can hinder the widespread adoption of cloud infrastructure solutions.
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Cloud Infrastructure Market Companies
- Amazon Web Services (AWS)
- Microsoft Azure
- Google Cloud Platform (GCP)
- IBM Cloud
- Alibaba Cloud
- Oracle Cloud
- VMware
- Cisco Systems
- Hewlett Packard Enterprise (HPE)
- Dell Technologies
- Red Hat
- Salesforce
- SAP
- Intel Corporation
- NetApp
Segments Covered in the Report
By Type
- Hardware
- Services
By End-use
- IT & Telecom
- BFSI
- Retail & Consumer Goods
- Manufacturing
- Healthcare
- Media & Entertainment
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
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 Market
5.1. COVID-19 Landscape: Cloud Infrastructure 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 Market, By Type
8.1. Cloud Infrastructure Market, by Type, 2023-2032
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Services
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Cloud Infrastructure Market, By End-use
9.1. Cloud Infrastructure Market, by End-use, 2023-2032
9.1.1. IT & Telecom
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. BFSI
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Retail & Consumer Goods
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Manufacturing
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Healthcare
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Media & Entertainment
9.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Cloud Infrastructure Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2020-2032)
10.1.2. Market Revenue and Forecast, by End-use (2020-2032)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Type (2020-2032)
10.1.3.2. Market Revenue and Forecast, by End-use (2020-2032)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Type (2020-2032)
10.1.4.2. Market Revenue and Forecast, by End-use (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type (2020-2032)
10.2.2. Market Revenue and Forecast, by End-use (2020-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Type (2020-2032)
10.2.3.2. Market Revenue and Forecast, by End-use (2020-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Type (2020-2032)
10.2.4.2. Market Revenue and Forecast, by End-use (2020-2032)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Type (2020-2032)
10.2.5.2. Market Revenue and Forecast, by End-use (2020-2032)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Type (2020-2032)
10.2.6.2. Market Revenue and Forecast, by End-use (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type (2020-2032)
10.3.2. Market Revenue and Forecast, by End-use (2020-2032)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Type (2020-2032)
10.3.3.2. Market Revenue and Forecast, by End-use (2020-2032)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Type (2020-2032)
10.3.4.2. Market Revenue and Forecast, by End-use (2020-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Type (2020-2032)
10.3.5.2. Market Revenue and Forecast, by End-use (2020-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Type (2020-2032)
10.3.6.2. Market Revenue and Forecast, by End-use (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type (2020-2032)
10.4.2. Market Revenue and Forecast, by End-use (2020-2032)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Type (2020-2032)
10.4.3.2. Market Revenue and Forecast, by End-use (2020-2032)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Type (2020-2032)
10.4.4.2. Market Revenue and Forecast, by End-use (2020-2032)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Type (2020-2032)
10.4.5.2. Market Revenue and Forecast, by End-use (2020-2032)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Type (2020-2032)
10.4.6.2. Market Revenue and Forecast, by End-use (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type (2020-2032)
10.5.2. Market Revenue and Forecast, by End-use (2020-2032)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Type (2020-2032)
10.5.3.2. Market Revenue and Forecast, by End-use (2020-2032)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Type (2020-2032)
10.5.4.2. Market Revenue and Forecast, by End-use (2020-2032)
Chapter 11. Company Profiles
11.1. Amazon Web Services (AWS)
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Microsoft Azure
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Google Cloud Platform (GCP)
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. IBM Cloud
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Alibaba Cloud
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Oracle Cloud
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. VMware
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Cisco Systems
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Hewlett Packard Enterprise (HPE)
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Dell Technologies
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
Web: https://www.precedenceresearch.com
Blog: https://www.expresswebwire.com/
