Sustainable Cloud Computing Sector: Green Initiatives and Environmental Impact 2023-2030
Cloud Computing Industry Data Book | Forecast 2030
Cloud Computing Industry Data Book - Public Cloud, Private Cloud and Hybrid Cloud Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030
Grand View Research’s cloud computing industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global Cloud Computing Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Private Cloud Server Market Report Highlights
The global private cloud server market size is expected to reach USD 205.44 billion by 2025, registering a CAGR of 29.6% from 2019 to 2025.
- The user hosting segment accounted for a market share of over 51% in 2018 owing to the greater flexibility and scalability offered by user-hosted private cloud server solutions without compromising with data security
- The Asia Pacific regional market is projected to register the highest CAGR over the forecast period, particularly owing to the growing demand for private cloud server solutions from small and medium enterprises in the region
- The North America regional market dominated the global private cloud server market in 2018 as companies in North America continued to collect large volumes of data to analyze the changing consumer behavior
- The demand for private cloud server solutions is rising as analyzing the large volumes of data trigger the need for high storage and processing capacities and necessitate the adoption of hosted IT infrastructure for robust data management
- Key players operating in the market include VMware; Dell Inc.; Cisco Systems Inc.; Hewlett Packard Enterprise Development LP; and Amazon.com, Inc.
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Public Cloud Market Report Highlights
The global public cloud market size is expected to reach USD 596.0 billion by 2027, expanding at a CAGR of 14.6% from 2020 to 2027.
- Infrastructure as a Service segment is predicted to expand at the highest CAGR over the forecast period owing to elimination of capital expense, increased scalability and reliability, better security, and fast data accessibility
- com Inc.; Microsoft Corporation; Alibaba Group Holding Ltd.; Google LLP.; and IBM Corporation are some of the key IaaS vendors in the market, however there are around 160 startups that are also competing in the IaaS domain
- Small and medium enterprise is anticipated to be the fastest growing segment owing to reduced costs for IT hardware and software, improved processing capacity and elasticity of storage, and greater mobility of access to data and service. The growth in adoption of technology among SMEs in emerging economies such as India, Brazil, Vietnam, and the Philippines is likely to boost the market growth over the forecast period
- The manufacturing end use segment is expected to expand at the fastest CAGR over the forecast period. The industry report asserts that executive management in manufacturing, high-tech, and telecommunications are likely to adopt cloud based services completely. Moreover, the industries report that digital services such as public cloud provides around 25% of the total inputs to manufacture a finished product
- Asia Pacific is expected to emerge as the fastest-growing region owing to the increasing focus of SMEs and large enterprise to enhance their digital initiatives. The presence of large companies such as IBM with their establishment of cloud computing centers in China, India, South Korea, and Vietnam is likely to boost the growth
Go through the table of content of Cloud Computing Industry Data Book to get a better understanding of the Coverage & Scope of the study
Competitive Landscape
The market is highly competitive due to the presence of major players such as Alibaba Group Holding Ltd.; Amazon.com Inc.; Adobe Inc.; Google LLC; Microsoft Corp.; International Business Machines Corp; Oracle Corp.; Salesforce.com Inc.; SAP SE; and Workday, Inc. Companies are adopting several growth strategies, such as partnerships, mergers & acquisitions, and product launches, to stay afloat in this competitive industry. For instance, in May 2023, SAP SE expanded its partnership with Google Cloud, to introduce an open data offering that simplifies data landscapes and increases business intelligence. SAP Datasphere and Google's cloud-enable customers to build end-to-end data clouds that bring data from across their enterprise landscape, allowing businesses to view the entire data estate in real time and maximize the value of their SAP SE and Google Cloud software investments. The new Google Cloud open data offering complements SAP's RISE with SAP solution, allowing customers to view their most crucial data without duplication in real-time.
Product upgrades and new product developments are the key strategies adopted by market players to improve their market position. SAP SE; Microsoft Corporation; Oracle Corporation; Rockwell Automation Inc.; Honeywell International Inc.; Aventri Inc.; Sage Group, plc; NetSuite, Inc.; International Business Machines Corporation; and General Electric Co. are some key vendors actively engaging in innovation and product upgrades. For instance, in October 2022, Oracle Corporation announced the launch of Oracle Alloy, a new cloud infrastructure platform that allows integrators, service providers, Independent Software Vendors (ISVs), and other businesses such as financial institutions or telecom providers to launch new cloud services to their clients. These businesses provide a full range of cloud services using Alloy, brand and customize the user experience, and package extra value-added services and apps to cater to the unique requirements of their target markets and industry verticals. OCI's public cloud also offers more than 100 platform and infrastructure services through Alloy.
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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