
The global market for Cloud Services was valued at US$ 471310 million in the year 2024 and is projected to reach a revised size of US$ 933210 million by 2031, growing at a CAGR of 10.4% during the forecast period.
Cloud services are infrastructure, platforms, or software that are hosted by third-party providers and made available to users through the internet. Cloud services facilitate the flow of user data from front-end clients (e.g. users’ servers, tablets, desktops, laptops—anything on the users’ ends), through the internet, to the provider’s systems, and back. Users can access cloud services with nothing more than a computer, operating system, and internet connectivity or virtual private network (VPN). All infrastructure, platforms, software, or technologies that users access through the internet without requiring additional software downloads can be considered cloud computing services. The Cloud Services industry can be broken down into several segments, SaaS, IaaS, PaaS, etc.
The main Cloud Services players include Microsoft, Amazon Web Services, Oracle, etc. The top three Cloud Services players account for approximately 37% of the total global market. North America is the largest consumer market for Cloud Services, accounting for about 54%, followed by Asia-Pacific and Europe. In terms of Service Model, SaaS is the largest segment, with a share about 34%. And in terms of Application, the largest application is Banking, Financial Services, and Insurance (BFSI), followed by Telecommunications.
This report aims to provide a comprehensive presentation of the global market for Cloud Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Services.
The Cloud Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Cloud Services market comprehensively. Regional market sizes, concerning products by Service Model, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cloud Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Service Model, by Application, and by regions.
Market Segmentation
By Company
Microsoft
Amazon Web Services
Oracle
IBM
Salesforce
Google
Adobe
Vmware
SAP
Accenture
Alibaba
ServiceNow
Workday
Wipro
Segment by Service Model
SaaS
IaaS
PaaS
BPaaS
DaaS
Cloud Managed Services
Cloud Professional Services
Segment by Application
BFSI
Telecommunications
IT and ITeS
Government and Public Sector
Retail and Consumer Goods
Manufacturing
Energy and Utilities
Media and Entertainment
Healthcare and Life Sciences
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Service Model, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Cloud Services company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Service Model, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Service Model
1.2.1 Global Cloud Services Market Size Growth Rate by Service Model: 2020 VS 2024 VS 2031
1.2.2 SaaS
1.2.3 IaaS
1.2.4 PaaS
1.2.5 BPaaS
1.2.6 DaaS
1.2.7 Cloud Managed Services
1.2.8 Cloud Professional Services
1.3 Market by Application
1.3.1 Global Cloud Services Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 BFSI
1.3.3 Telecommunications
1.3.4 IT and ITeS
1.3.5 Government and Public Sector
1.3.6 Retail and Consumer Goods
1.3.7 Manufacturing
1.3.8 Energy and Utilities
1.3.9 Media and Entertainment
1.3.10 Healthcare and Life Sciences
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cloud Services Market Perspective (2020-2031)
2.2 Global Cloud Services Growth Trends by Region
2.2.1 Global Cloud Services Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Cloud Services Historic Market Size by Region (2020-2025)
2.2.3 Cloud Services Forecasted Market Size by Region (2026-2031)
2.3 Cloud Services Market Dynamics
2.3.1 Cloud Services Industry Trends
2.3.2 Cloud Services Market Drivers
2.3.3 Cloud Services Market Challenges
2.3.4 Cloud Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Cloud Services Players by Revenue
3.1.1 Global Top Cloud Services Players by Revenue (2020-2025)
3.1.2 Global Cloud Services Revenue Market Share by Players (2020-2025)
3.2 Global Cloud Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Cloud Services Revenue
3.4 Global Cloud Services Market Concentration Ratio
3.4.1 Global Cloud Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Cloud Services Revenue in 2024
3.5 Global Key Players of Cloud Services Head office and Area Served
3.6 Global Key Players of Cloud Services, Product and Application
3.7 Global Key Players of Cloud Services, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Cloud Services Breakdown Data by Service Model
4.1 Global Cloud Services Historic Market Size by Service Model (2020-2025)
4.2 Global Cloud Services Forecasted Market Size by Service Model (2026-2031)
5 Cloud Services Breakdown Data by Application
5.1 Global Cloud Services Historic Market Size by Application (2020-2025)
5.2 Global Cloud Services Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Cloud Services Market Size (2020-2031)
6.2 North America Cloud Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Cloud Services Market Size by Country (2020-2025)
6.4 North America Cloud Services Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Cloud Services Market Size (2020-2031)
7.2 Europe Cloud Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Cloud Services Market Size by Country (2020-2025)
7.4 Europe Cloud Services Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Cloud Services Market Size (2020-2031)
8.2 Asia-Pacific Cloud Services Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Cloud Services Market Size by Region (2020-2025)
8.4 Asia-Pacific Cloud Services Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Cloud Services Market Size (2020-2031)
9.2 Latin America Cloud Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Cloud Services Market Size by Country (2020-2025)
9.4 Latin America Cloud Services Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Cloud Services Market Size (2020-2031)
10.2 Middle East & Africa Cloud Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Cloud Services Market Size by Country (2020-2025)
10.4 Middle East & Africa Cloud Services Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Microsoft
11.1.1 Microsoft Company Details
11.1.2 Microsoft Business Overview
11.1.3 Microsoft Cloud Services Introduction
11.1.4 Microsoft Revenue in Cloud Services Business (2020-2025)
11.1.5 Microsoft Recent Development
11.2 Amazon Web Services
11.2.1 Amazon Web Services Company Details
11.2.2 Amazon Web Services Business Overview
11.2.3 Amazon Web Services Cloud Services Introduction
11.2.4 Amazon Web Services Revenue in Cloud Services Business (2020-2025)
11.2.5 Amazon Web Services Recent Development
11.3 Oracle
11.3.1 Oracle Company Details
11.3.2 Oracle Business Overview
11.3.3 Oracle Cloud Services Introduction
11.3.4 Oracle Revenue in Cloud Services Business (2020-2025)
11.3.5 Oracle Recent Development
11.4 IBM
11.4.1 IBM Company Details
11.4.2 IBM Business Overview
11.4.3 IBM Cloud Services Introduction
11.4.4 IBM Revenue in Cloud Services Business (2020-2025)
11.4.5 IBM Recent Development
11.5 Salesforce
11.5.1 Salesforce Company Details
11.5.2 Salesforce Business Overview
11.5.3 Salesforce Cloud Services Introduction
11.5.4 Salesforce Revenue in Cloud Services Business (2020-2025)
11.5.5 Salesforce Recent Development
11.6 Google
11.6.1 Google Company Details
11.6.2 Google Business Overview
11.6.3 Google Cloud Services Introduction
11.6.4 Google Revenue in Cloud Services Business (2020-2025)
11.6.5 Google Recent Development
11.7 Adobe
11.7.1 Adobe Company Details
11.7.2 Adobe Business Overview
11.7.3 Adobe Cloud Services Introduction
11.7.4 Adobe Revenue in Cloud Services Business (2020-2025)
11.7.5 Adobe Recent Development
11.8 Vmware
11.8.1 Vmware Company Details
11.8.2 Vmware Business Overview
11.8.3 Vmware Cloud Services Introduction
11.8.4 Vmware Revenue in Cloud Services Business (2020-2025)
11.8.5 Vmware Recent Development
11.9 SAP
11.9.1 SAP Company Details
11.9.2 SAP Business Overview
11.9.3 SAP Cloud Services Introduction
11.9.4 SAP Revenue in Cloud Services Business (2020-2025)
11.9.5 SAP Recent Development
11.10 Accenture
11.10.1 Accenture Company Details
11.10.2 Accenture Business Overview
11.10.3 Accenture Cloud Services Introduction
11.10.4 Accenture Revenue in Cloud Services Business (2020-2025)
11.10.5 Accenture Recent Development
11.11 Alibaba
11.11.1 Alibaba Company Details
11.11.2 Alibaba Business Overview
11.11.3 Alibaba Cloud Services Introduction
11.11.4 Alibaba Revenue in Cloud Services Business (2020-2025)
11.11.5 Alibaba Recent Development
11.12 ServiceNow
11.12.1 ServiceNow Company Details
11.12.2 ServiceNow Business Overview
11.12.3 ServiceNow Cloud Services Introduction
11.12.4 ServiceNow Revenue in Cloud Services Business (2020-2025)
11.12.5 ServiceNow Recent Development
11.13 Workday
11.13.1 Workday Company Details
11.13.2 Workday Business Overview
11.13.3 Workday Cloud Services Introduction
11.13.4 Workday Revenue in Cloud Services Business (2020-2025)
11.13.5 Workday Recent Development
11.14 Wipro
11.14.1 Wipro Company Details
11.14.2 Wipro Business Overview
11.14.3 Wipro Cloud Services Introduction
11.14.4 Wipro Revenue in Cloud Services Business (2020-2025)
11.14.5 Wipro Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Microsoft
Amazon Web Services
Oracle
IBM
Salesforce
Google
Adobe
Vmware
SAP
Accenture
Alibaba
ServiceNow
Workday
Wipro
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*If Applicable.
