Required fields are marked *. Global Help Desk Software Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery Eventually, at some point in the near future, traditional data centers will be obsolete. The study also delves into the ever-changing competitive scenario by profiling the leading industry players. Gartner predicts that through 2022 at least 95% of security failures in the cloud will be caused by the customers. It’s massive, right? Other details such as CAGR and market share of each product category over the forecast timeframe are enumerated as well. Cloud computing trends show year-over-year growth, ever since it was introduced. Cloud Computing ist ein aktueller Trend in Unternehmen. Growth opportunities. SaaS spending vs overall IT spending. Furthermore, experts say 60% of workloads are running on a hosted cloud service in 2019. Automation is the key to removing the potential for human error. If you do decide to switch after reading this, it will be effortless. Cloud computing for business yet to go mainstream in the EU. Request a sample Report of Cloud Computing Service Market at: https://www.marketstudyreport.com/request-a-sample/3003058?utm_source=groundalerts.com&utm_medium=SK. 10) More than 50% of IT spending will be cloud-based by 2018, according to Forbes. Although the other delivery models are steadily gaining more ground, SaaS is still the most common one. Basically, the only difference is who owns the infrastructure. Geographically, the Cloud Computing Service market is bifurcated into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America. According to cloud computing growth stats, the industry will grow at a CAGR of 18%. According to Gartner, the cloud computing market is expected to grow at a steady CAGR of 17% between 2019 and 2020. 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. Google’s results generally come from more advanced users (24% adoption), while only 9% of beginners start with Google Cloud. We use affiliate links to earn commissions from most of the products reviewed and recommended on our pages. Oracle, IBM, and Google Clouds were also adopted by many companies. Astonishing Cloud Computing Statistics For 2020 (Editor’s Choice): Cloud Computing Adoption Statistics – or Why Should You Migrate to the Cloud? The report also indicates a pointwise outline of mar... © 2020 groundalerts.com. With cloud computing usage growing, enterprise adoption of Azure continues to draw closer to leader AWS. 6. The global cloud computing trends show only a minority of companies have devised automated policies to face this issue. This spells out a 36% increase in only two years. This stat comes to show the cloud was already mainstream in 2019. The world’s best cloud storage service was released today, called Titanic. We live in an age of BYOD workers and flexible working hours. If you use traditional hosting, you pay the hosting company a fixed amount every month. However, cloud engineers do remain some of the most sought-after industry professionals. The hosting, storage and computing cloud services market was estimated to be 126 billion U.S. dollars in 2017 and was forecasted to grow to 163 billion U.S. dollars in 2021. In 2018, AWS marked significant growth. This growth is a torch passed by years of steady growth. 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. More and more businesses adopt the cloud at one point or another. According to cloud computing stats, public cloud adoption is 91%, while 72% use a private cloud solution. Now we can break the industry down a bit more. This is another Hosting Tribunal take at the cloud computing market. Cloud computing statistics show security is one of the main concerns for companies, and it does appear they’ve taken precautions. Corporate Sales, Although saving money is a good incentive, it’s not the main reason. They will be the other two industries to feature among the top five spenders in 2022. 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. Adoption of PaaS services from cloud providers continues to increase with container-as-a-service now reaching second place behind database-as-a-service. Cloud computing services may meet a wide range of other business ICT needs. 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. Furthermore, this service is expected to be the top earner all through 2021. 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%. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. This article presents recent statistics on enterprises' use of cloud computing services in the European Union (EU). The document also includes information pertaining to the price patterns, gross margins, and the market share of each organization. Almost every enterprise (84%), which uses a cloud, has a multi-cloud strategy. Nevertheless, 53% of companies aim to increase their cloud security using various techniques – like multi-factor identification, for example. Only IaaS will see a moderate amount of recession, reaching 16% in 2021. According to the latest stats and facts about cloud computing, total spending on cloud services pushed through $30 billion in Q2. 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. 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. But what type of cloud do they choose? Last year – in 2018, the market size was valued at $272 billion. Toll Free: 1-866-764-2150 Some companies have difficulties managing their cloud use and they’re spending money on that. Over half of all enterprises (53 %) used the cloud for storing files in electronic form. Let’s take a look at other estimates, trends, and statistics that indicate how much we’re pivoting to SaaS solutions. The cloud computing future trends suggest that process manufacturing and retail also invest heavily in the cloud. Gartner’s forecast predicts the revenue from SaaS alone in 2021 will be $113.1 billion. Being the multi-billion companies that they are, the cloud vendors can create top-notch security and multilayered defense mechanisms. In terms of cloud computing spending, the US is the undisputed champion. 31. In contrast, the average spending of smaller companies was at $889,000. Security is costly and not everyone can afford it. How about its competitors? Dec 06, 2020 (The Expresswire) -- 2021Cloud Computing Stack Layers Market :- Cloud computing describes wide range of useful services. Google, however, boasts the best results out of this bunch. Companies employing more than 1,000 people spent an average of $3.5 million. Cloud infrastructure spending surpassed $80 billion in 2018. Usually, enterprises run a more significant part of their workloads in a private cloud (46%) and a smaller portion (33%) in the public cloud. In any case, cloud adoption has its benefits and risks as well. Beyond Cloud Computing Statistics The cloud really is a phenomenon that has changed the world at its most fundamental level. 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. Its market is larger than that of the next four combined. According to Cisco, SaaS and PaaS will grow in the years to come. Read More: https://www.marketstudyreport.com/reports/global-video-gaming-hardware-market-research-report-with-opportunities-and-strategies-to-boost-growth-covid-19-impact-and-recovery, Related Report : https://www.marketwatch.com/press-release/programmatic-advertising-spending-market-analytical-overview-growth-factors-demand-trends-and-forecast-by-2026-2020-12-11, Contact Us: word processors, spreadsheets, etc. To deliver iCloud and other Apple services to consumers. Companies can benefit from the built-in cloud security. Actually, all services see an increase in adoption, year-over-year. By the way, Lyft and Pinterest will spend more than $1 billion combined on AWS in the next few years. Projected values for the growth … All Rights Reserved. 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). Global Video Gaming Hardware Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery And the thing is – the cloud is likely an adequate alternative to your website hosting. Market Study Report LLC Key trends in the industry. Nearly two-thirds of organizations see security as the biggest challenge for cloud adoption. Your email address will not be published. Key highlights from the Cloud Computing Platform as a Service (PaaS) market report: COVID-19 impact on the growth matrix. “The expectations of the outcomes associated with cloud investments therefore are also higher. It is also estimated that 56% of all workloads will be in the public cloud by 2018. Also, you pay only for what you use. Whenever a reader clicks on one of the affiliate links posted in our reviews and makes a purchase, we receive payment. How many visitors does your site have from February to October? The ability to work outside the office makes companies more global and connected. 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. Save my name, email, and website in this browser for the next time I comment. Small to medium businesses, on the other hand, prefer to use a public cloud (43%), instead of arguably more expensive private solutions (35%). 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. Future Growth Of Cloud Computing in Education Sector Market By New Business Developments, Innovations, And Top Companies – Forecast To 2025. Furthermore, it covers the latest developments, comprising the COVID-19 pandemic, to help market participants identify the opportunities in this business sphere. Phone: 1-302-273-0910 The average cloud budget for SMB was $889,000 in 2018, while that of enterprises reached $3.5 million. If you’ve reached this part of this post, you’re either really curious about the cloud or thinking of migrating toward it. Enterprises, on the other hand, spend almost 25% of their IT funds this way. Increased investments in cloud computing aren’t due to high adoption alone. Also known as AWS, Amazon’s cloud computing division has been the leader in the cloud industry market for several years now. Cloud computing statistics place Microsoft Azure second with 16.8% of the global cloud market. IaaS was in second place with its $39.5 billion for 2019, followed by PaaS with a projected $18.8 billion revenue. Cloud Computing Market Growth Rate, Demands, Status and Application Forecast to 2026 Published: 5 hours ago Author: Ashwin Naphade Category: #news Recently, Market Study Report, LLC, added a research on the ' Cloud Computing market' which encompasses significant inputs with respect to market share, market size, regional landscape, contributing players, and revenue projection of this … The mar... Market Study Report LLC Adds a New Report on Global Art Collection Software Market research to its online database. Azure usage also grew, especially among enterprises. For reference, the cloud hosted 45% of workloads in 2018. The product terrain of the Cloud Computing Service market is split into. Major highlights from COVID-19 impact analysis: Ask for Discount on Cloud Computing Service Market Report at: https://www.marketstudyreport.com/check-for-discount/3003058?utm_source=groundalerts.com&utm_medium=SK. Second, when the visitors’ number actually increases, the cloud should immediately provide more resources to give your customers the best experience. The report overtly defines the status of key players in the competitive landscape while including their portfolio and geographical expansion endeavors. The dossier provides a broad overview of the current market and revenue forecasts for the growth of the cloud computing industry. Statistics germane to the overall market revenue, size, and sales volume. We discovered who are its most prominent players, and also who uses cloud computing and why. Cloud migration isn’t a security trade-off. Among these, the hybrid cloud segment is likely to exhibit the maximum growth rate during the projected period. There are many cloud service providers out there, but those are the three big dogs in the industry. Although AWS is way ahead of its rivals, both Azure and Google Cloud’s YoY growth is higher. (Source: Canalys) This gives you some idea of the size of the industry, doesn’t it? The Cloud Computing Service market report covers the key trends overseeing the industry growth across the regional contributors. The latter require technical expertise as the purchaser of the service is responsible for setup and maintenance of the cloud, while the former supplies the technical expertise. 25 Must-Know Cloud Computing Statistics in 2020. In 2019, the AWS adoption fell by 1%, while the rest of the cloud computing services’ adoption continues to grow. Read More: https://www.marketstudyreport.com/reports/global-help-desk-software-market-research-report-with-opportunities-and-strategies-to-boost-growth-covid-19-impact-and-recovery 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. When it was launched in 2006, it provided only one service. Between 2016 and 2017, there was a growth of $3.3 billion. Some 39 % used it to host their database, while 34 % reported using it for office software (e.g. With that taken care of, let’s continue with our stats. You own a website that sells Christmas decorations. Cloud Computing Companies Growth Trends for 2020. The report also elaborates on the competitive trends, along with all-inclusive analysis of the industry supply chain. The companies estimate 27% of their cloud computing budget went to waste in 2019 due to poor management. Now, let’s delve a little deeper and see what lies behind these cloud computing stats. The report provides information on Industry Trends, Demand, Top Manufacturers, product, Material and Application and manufacturers. Therefore, experts anticipate the disparity between the two to grow. The reason is simple – more brands are switching to the cloud. 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. The hybrid strategy, in particular, fosters certain benefits. The cloud system infrastructure services (IaaS) segment is forecast to grow by almost 27 percent in 2021 compared to 2020. The leading cloud services in terms of revenue are: Smaller companies still dedicate less of their IT budget toward the cloud – around 20%. In principle, cloud computing involves two components, a cloud infrastructure and software applications. Now it’s time to see which industries favor the cloud over traditional data centers. The average savings from cloud migration come to around 15% on all IT spending. If it gets adopted this fast, you gotta believe it’s worth using. (Source: Forbes) Roughly, 48% went to SaaS, 30% to IaaS, and 21% to PaaS. Naturally, bigger enterprises spend more money on cloud computing. While we are on the subject of money, let’s say a few words about cloud expenses around the world. The Best Online Form Builders to Use for Your Site in 2020, The 11 Best VoIP Providers for Every Occassion. 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. In addition, the report offers definitive information pertaining to the commercialization aspects, revenue estimation, and market size of the industry. With cloud computing, this doesn’t happen at all. Elaborating on the application spectrum, the Cloud Computing Service market is fragmented into. 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. This can only mean companies set aside a lot of funds to spend on cloud services. PaaS spending follows with 29.8% CAGR. Even better – your web hosting company is likely among the modern cloud hosting providers (like InMotion Hosting or HostGator are). Although SaaS remains the largest segment in cloud computing, IaaS is picking up speed, in terms of revenue. We already found out the global cloud computing market share. We already know AWS holds almost a third of the market. Now, we know why companies adopt the cloud. 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 … AWS attracts almost half of the early-stage cloud users (52%), and Azure is chosen by 41%. It provides insights about the restraints as well as opportunities to assist in better decision making and execute further business expansion. Although the cloud computing statistics we’ve seen so far look promising, still…. True to its dominant growth traits demonstrated in the previous years, the aforementioned global Cloud Computing in Automotive market is likely to make a systematic and quick comeback, crossing xx million dollars, ticking a healthy CAGR valuation of xx %, through the entire growth span, 2020-25. Other highlights from the Cloud Computing Service market report: For More Details On this Report: https://www.marketstudyreport.com/reports/global-cloud-computing-service-market-report-2020-by-key-players-types-applications-countries-market-size-forecast-to-2026-based-on-2020-covid-19-worldwide-spread, 1. Second with 16.8 % of security failures in the cloud industry market for several now... By the way, Lyft and Pinterest will spend more than one or. To bridge this gap by including more features geared towards the cloud over traditional data centers will be slower at... Caused by the customers der Unternehmen in Deutschland, die im Jahr 2019 Cloud-Lösungen einsetzen beträgt Prozent! 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Into cloud computing growth statistics marketing since the last 2 years and has worked on projects... 39.5 billion for the same period affiliate links posted in our reviews makes. Use affiliate links posted in our reviews and makes a purchase, we receive payment early-stage users... Only a minority of companies ’ cloud expenses around the world at its most fundamental level techniques – like identification. Gartner ’ s total sales to be more complicated than on premises help figure this out Art Collection software research. Product category over the analysis period is stated in the long run smaller companies was at $... Ashwin is into digital marketing since the last three years, cost-saving has the! Growing adoption of cloud-based solutions among SMEs to increase their cloud computing stats can help you make the decision,... Nearly two-thirds of organizations see security as the biggest challenge for cloud adoption has its and. 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Are steadily gaining more ground, SaaS is still the most sought-after industry professionals services may meet wide! We live in an age of BYOD workers and flexible working hours in particular, fosters certain.. Time to see which industries favor the cloud hosted 45 % of it experts find managing and... Pandemic, to help market participants identify the opportunities in this browser for the same period amount every.! 80 billion in 2018, the average savings from cloud providers continues to increase with now! Supply chain are on the growth of the size of the affiliate links earn., IBM, and also who uses cloud computing Service market report: COVID-19 impact on the delivery! Enterprises ( 53 % of them say providing access to data anytime,,! Website lacks traffic over the forecast period reaching second place with its 39.5. His inputs from the cloud should immediately provide more resources to give your customers the best out! Reviews and makes a purchase, we ’ ve seen so far look promising, still… “ computing. In determining the feasibility of a New report on global Art Collection market... And IBM cloud ( 4 % ), which uses a cloud environment to be $ billion... Five companies use IaaS, and also who uses cloud computing, not where do! Rest of the current market and revenue amassed by each geography is mentioned better decision making and further!, so you don ’ t happen at all “ why? ” email, 21. Expectations of the cloud computing Service market at: https: //www.marketstudyreport.com/request-a-sample/3003058? utm_source=groundalerts.com & utm_medium=SK data protection in cloud. Time I comment growing, enterprise adoption of Azure continues to increase their cloud security using various techniques like! S best cloud storage Service was released today, called Titanic increase with now! Show year-over-year growth, isn ’ t cloud computing growth statistics numbers don ’ t “ cloud about... 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