Cloud Services Market, By Service Model, By Deployment Model, By Enterprise Size, By Industry Vertical, By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Global Cloud Services market is estimated to be valued at US$ 1,207.5 Bn by 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 539.9 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	12.20%	2030 Value Projection:	US$ 1,207.5 Bn

The cloud services market refers to the global marketplace where cloud service providers offer a wide range of cloud-based products and services to individuals, businesses, and organizations. It encompasses all the offerings and solutions provided through cloud computing infrastructure over the internet. The cloud services market includes various types of services such as, IaaS, PaaS, SaaS, BPaaS, and Management and Security Services. The market is driven by various factors, including the need for cost-effective and scalable computing solutions, the demand for flexibility and mobility, and the increasing adoption of digital transformation strategies by businesses. Cloud services have enables organizations to streamline their operations, improve productivity, and access advanced technologies without heavy investments in physical infrastructure.

Market Dynamics:

Opting for cloud-computing service provide economic savings such as cost cutting and reduction in capital expenditures. With the use of cloud computing services, the cost incurred in the investment of physical IT resources is reduced and hence, the capital expenditure is minimized. Proper deployments of Cloud Services, which are private, public hybrid or community cloud, can a reliable resource for cutting overall operating expense.

According to a survey conducted by Booz Allen Hamilton, describes that deployment of cloud computing services saves up to 50 to 60% of the total cost of ownership. Another survey conducted by the CIO magazine determines the belief of the company executives regarding the deployment of cloud computing services with respect to cost cutting. According to the survey 88% of the respondents pointed towards the cost cutting benefits. With the introduction of cloud-computing services the performances of the businesses in many sectors have tremendously increased over years. The following factors contribute in elevating business performance.

Reduced costs and proper alignment of expenditures with business needs
Strategies and rollouts of new services to customer needs
Increased business resilience with the facility of disaster recovery services

However, there are concerns associated with data security and protection, which hinder the growth of global market.

Key features of the study:

This report provides in-depth analysis of the global Cloud Services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global Cloud Services market based on the following parameters- company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered in the global Cloud Services market includes Alibaba Group Holding Limited, Amazon Web Services, Inc., Cisco Systems, Inc., Dell, Technologies Inc., Google Llc , Hewlett Packard Enterprise Development Lp, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, And Rackspace Hosting, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global Cloud Services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Cloud Services market

Detailed Segmentation:

Global Cloud Services Market, By Service Model:
- IaaS
- PaaS
- SaaS
- BPaaS
- Management and Security Services
Global Cloud Services Market, By Deployment Model:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Global Cloud Services Market, By Enterprise Size:
- SMEs
- Large Enterprises
Global Cloud Services Market, By Industry Vertical:
- BFSI
- IT & Telecommunications
- Government
- Retail
- Healthcare
- Energy & Utilities
- Media & Entertainment
- Manufacturing
- Others
Global Cloud Services Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Alibaba Group Holding Limited
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- Dell, Technologies Inc.
- Google Llc
- Hewlett Packard Enterprise Development Lp
- International Business Machines Corporation
- Microsoft Corporation
- Oracle Corporation
- Rackspace Hosting, Inc.

Product Code: CMI6107

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Service Model
- Market Snippet, By Deployment Model
- Market Snippet, By Enterprise Size
- Market Snippet, By Industry Vertical
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increase in demand for cloud services
Increase in adoption of cloud in SMEs
- Restraints
Concerns associated with data security and protection
- Opportunities
Rise in cloud services adoption in developing regions
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Cloud Services Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Cloud Services Market, By Service Model, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
IaaS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Sidewalls/Liners PaaS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
SaaS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
BPaaS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Management and Security Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

6. Global Cloud Services Market, By Deployment Model, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Public Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Private Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Hybrid Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

7. Global Cloud Services Market, By Enterprise Size, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
SMEs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

8. Global Cloud Services Market, By Industry Vertical, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
BFSI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
IT & Telecommunications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Government
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Helathcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Energy & Utilities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Media & Entertainment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

9. Global Cloud Services Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment Model, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)

10. Competitive Landscape

ALIBABA GROUP HOLDING LIMITED
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
AMAZON WEB SERVICES, INC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
CISCO SYSTEMS, INC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
DELL, TECHNOLOGIES INC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
GOOGLE LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
INTERNATIONAL BUSINESS MACHINES CORPORATION
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
MICROSOFT CORPORATION
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ORACLE CORPORATION
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
RACKSPACE HOSTING, INC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Analyst Views

11. Section

Research Methodology
About us

Cloud Services Market, By Service Model, By Deployment Model, By Enterprise Size, By Industry Vertical, By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030