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, laptopsanything on the users ends), through the internet, to the providers 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.
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. This report contains market size and forecasts of Cloud Services in global, including the following market information:
Global Cloud Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cloud Services market was valued at US$ 398480 million in 2022 and is projected to reach US$ 774200 million by 2029, at a CAGR of 10.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Cloud Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Services Market, by Service Model, 2018-2023, 2024-2029 ($ millions)
Global Cloud Services Market Segment Percentages, by Service Model, 2022 (%)
- SaaS
- IaaS
- PaaS
- BPaaS
- DaaS
- Cloud Managed Services
- Cloud Professional Services
Global Cloud Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cloud Services Market Segment Percentages, by Application, 2022 (%)
- 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
Global Cloud Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cloud Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Cloud Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Cloud Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Microsoft
- Amazon Web Services
- Oracle
- IBM
- Salesforce
- Google
- Adobe
- Vmware
- SAP
- Accenture
- Alibaba
- ServiceNow
- Workday
- Wipro
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Cloud Services, market overview.
- Chapter 2: Global Cloud Services market size in revenue.
- Chapter 3: Detailed analysis of Cloud Services company competitive landscape, revenue and 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: Sales of Cloud Services in regional level and country level. 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 of each country in the world.
- Chapter 7: 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 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Cloud Services Market Definition
1.2 Market Segments
1.2.1 Market by Service Model
1.2.2 Market by Application
1.3 Global Cloud Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Cloud Services Overall Market Size
2.1 Global Cloud Services Market Size: 2022 VS 2029
2.2 Global Cloud Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Cloud Services Players in Global Market
3.2 Top Global Cloud Services Companies Ranked by Revenue
3.3 Global Cloud Services Revenue by Companies
3.4 Top 3 and Top 5 Cloud Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Cloud Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Cloud Services Players in Global Market
3.6.1 List of Global Tier 1 Cloud Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Cloud Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Service Model - Global Cloud Services Market Size Markets, 2022 & 2029
4.1.2 SaaS
4.1.3 IaaS
4.1.4 PaaS
4.1.5 BPaaS
4.1.6 DaaS
4.1.7 Cloud Managed Services
4.1.8 Cloud Professional Services
4.2 By Service Model - Global Cloud Services Revenue & Forecasts
4.2.1 By Service Model - Global Cloud Services Revenue, 2018-2023
4.2.2 By Service Model - Global Cloud Services Revenue, 2024-2029
4.2.3 By Service Model - Global Cloud Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Cloud Services Market Size, 2022 & 2029
5.1.2 BFSI
5.1.3 Telecommunications
5.1.4 IT and ITeS
5.1.5 Government and Public Sector
5.1.6 Retail and Consumer Goods
5.1.7 Manufacturing
5.1.8 Energy and Utilities
5.1.9 Media and Entertainment
5.1.10 Healthcare and Life Sciences
5.1.11 Others
5.2 By Application - Global Cloud Services Revenue & Forecasts
5.2.1 By Application - Global Cloud Services Revenue, 2018-2023
5.2.2 By Application - Global Cloud Services Revenue, 2024-2029
5.2.3 By Application - Global Cloud Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Cloud Services Market Size, 2022 & 2029
6.2 By Region - Global Cloud Services Revenue & Forecasts
6.2.1 By Region - Global Cloud Services Revenue, 2018-2023
6.2.2 By Region - Global Cloud Services Revenue, 2024-2029
6.2.3 By Region - Global Cloud Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Cloud Services Revenue, 2018-2029
6.3.2 US Cloud Services Market Size, 2018-2029
6.3.3 Canada Cloud Services Market Size, 2018-2029
6.3.4 Mexico Cloud Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Cloud Services Revenue, 2018-2029
6.4.2 Germany Cloud Services Market Size, 2018-2029
6.4.3 France Cloud Services Market Size, 2018-2029
6.4.4 U.K. Cloud Services Market Size, 2018-2029
6.4.5 Italy Cloud Services Market Size, 2018-2029
6.4.6 Russia Cloud Services Market Size, 2018-2029
6.4.7 Nordic Countries Cloud Services Market Size, 2018-2029
6.4.8 Benelux Cloud Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Cloud Services Revenue, 2018-2029
6.5.2 China Cloud Services Market Size, 2018-2029
6.5.3 Japan Cloud Services Market Size, 2018-2029
6.5.4 South Korea Cloud Services Market Size, 2018-2029
6.5.5 Southeast Asia Cloud Services Market Size, 2018-2029
6.5.6 India Cloud Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Cloud Services Revenue, 2018-2029
6.6.2 Brazil Cloud Services Market Size, 2018-2029
6.6.3 Argentina Cloud Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Cloud Services Revenue, 2018-2029
6.7.2 Turkey Cloud Services Market Size, 2018-2029
6.7.3 Israel Cloud Services Market Size, 2018-2029
6.7.4 Saudi Arabia Cloud Services Market Size, 2018-2029
6.7.5 UAE Cloud Services Market Size, 2018-2029
7 Cloud Services Companies Profiles
7.1 Microsoft
7.1.1 Microsoft Company Summary
7.1.2 Microsoft Business Overview
7.1.3 Microsoft Cloud Services Major Product Offerings
7.1.4 Microsoft Cloud Services Revenue in Global Market (2018-2023)
7.1.5 Microsoft Key News & Latest Developments
7.2 Amazon Web Services
7.2.1 Amazon Web Services Company Summary
7.2.2 Amazon Web Services Business Overview
7.2.3 Amazon Web Services Cloud Services Major Product Offerings
7.2.4 Amazon Web Services Cloud Services Revenue in Global Market (2018-2023)
7.2.5 Amazon Web Services Key News & Latest Developments
7.3 Oracle
7.3.1 Oracle Company Summary
7.3.2 Oracle Business Overview
7.3.3 Oracle Cloud Services Major Product Offerings
7.3.4 Oracle Cloud Services Revenue in Global Market (2018-2023)
7.3.5 Oracle Key News & Latest Developments
7.4 IBM
7.4.1 IBM Company Summary
7.4.2 IBM Business Overview
7.4.3 IBM Cloud Services Major Product Offerings
7.4.4 IBM Cloud Services Revenue in Global Market (2018-2023)
7.4.5 IBM Key News & Latest Developments
7.5 Salesforce
7.5.1 Salesforce Company Summary
7.5.2 Salesforce Business Overview
7.5.3 Salesforce Cloud Services Major Product Offerings
7.5.4 Salesforce Cloud Services Revenue in Global Market (2018-2023)
7.5.5 Salesforce Key News & Latest Developments
7.6 Google
7.6.1 Google Company Summary
7.6.2 Google Business Overview
7.6.3 Google Cloud Services Major Product Offerings
7.6.4 Google Cloud Services Revenue in Global Market (2018-2023)
7.6.5 Google Key News & Latest Developments
7.7 Adobe
7.7.1 Adobe Company Summary
7.7.2 Adobe Business Overview
7.7.3 Adobe Cloud Services Major Product Offerings
7.7.4 Adobe Cloud Services Revenue in Global Market (2018-2023)
7.7.5 Adobe Key News & Latest Developments
7.8 Vmware
7.8.1 Vmware Company Summary
7.8.2 Vmware Business Overview
7.8.3 Vmware Cloud Services Major Product Offerings
7.8.4 Vmware Cloud Services Revenue in Global Market (2018-2023)
7.8.5 Vmware Key News & Latest Developments
7.9 SAP
7.9.1 SAP Company Summary
7.9.2 SAP Business Overview
7.9.3 SAP Cloud Services Major Product Offerings
7.9.4 SAP Cloud Services Revenue in Global Market (2018-2023)
7.9.5 SAP Key News & Latest Developments
7.10 Accenture
7.10.1 Accenture Company Summary
7.10.2 Accenture Business Overview
7.10.3 Accenture Cloud Services Major Product Offerings
7.10.4 Accenture Cloud Services Revenue in Global Market (2018-2023)
7.10.5 Accenture Key News & Latest Developments
7.11 Alibaba
7.11.1 Alibaba Company Summary
7.11.2 Alibaba Business Overview
7.11.3 Alibaba Cloud Services Major Product Offerings
7.11.4 Alibaba Cloud Services Revenue in Global Market (2018-2023)
7.11.5 Alibaba Key News & Latest Developments
7.12 ServiceNow
7.12.1 ServiceNow Company Summary
7.12.2 ServiceNow Business Overview
7.12.3 ServiceNow Cloud Services Major Product Offerings
7.12.4 ServiceNow Cloud Services Revenue in Global Market (2018-2023)
7.12.5 ServiceNow Key News & Latest Developments
7.13 Workday
7.13.1 Workday Company Summary
7.13.2 Workday Business Overview
7.13.3 Workday Cloud Services Major Product Offerings
7.13.4 Workday Cloud Services Revenue in Global Market (2018-2023)
7.13.5 Workday Key News & Latest Developments
7.14 Wipro
7.14.1 Wipro Company Summary
7.14.2 Wipro Business Overview
7.14.3 Wipro Cloud Services Major Product Offerings
7.14.4 Wipro Cloud Services Revenue in Global Market (2018-2023)
7.14.5 Wipro Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Cloud Services Market Opportunities & Trends in Global Market
Table 2. Cloud Services Market Drivers in Global Market
Table 3. Cloud Services Market Restraints in Global Market
Table 4. Key Players of Cloud Services in Global Market
Table 5. Top Cloud Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Cloud Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Cloud Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Cloud Services Product Type
Table 9. List of Global Tier 1 Cloud Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Cloud Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Service Model ? Global Cloud Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Service Model - Cloud Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Service Model - Cloud Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Cloud Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Cloud Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Cloud Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Cloud Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Cloud Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Cloud Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Cloud Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Cloud Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Cloud Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Cloud Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Cloud Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Cloud Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Cloud Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Cloud Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Cloud Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Cloud Services Revenue, (US$, Mn), 2024-2029
Table 30. Microsoft Company Summary
Table 31. Microsoft Cloud Services Product Offerings
Table 32. Microsoft Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 33. Microsoft Key News & Latest Developments
Table 34. Amazon Web Services Company Summary
Table 35. Amazon Web Services Cloud Services Product Offerings
Table 36. Amazon Web Services Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 37. Amazon Web Services Key News & Latest Developments
Table 38. Oracle Company Summary
Table 39. Oracle Cloud Services Product Offerings
Table 40. Oracle Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 41. Oracle Key News & Latest Developments
Table 42. IBM Company Summary
Table 43. IBM Cloud Services Product Offerings
Table 44. IBM Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 45. IBM Key News & Latest Developments
Table 46. Salesforce Company Summary
Table 47. Salesforce Cloud Services Product Offerings
Table 48. Salesforce Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 49. Salesforce Key News & Latest Developments
Table 50. Google Company Summary
Table 51. Google Cloud Services Product Offerings
Table 52. Google Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 53. Google Key News & Latest Developments
Table 54. Adobe Company Summary
Table 55. Adobe Cloud Services Product Offerings
Table 56. Adobe Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 57. Adobe Key News & Latest Developments
Table 58. Vmware Company Summary
Table 59. Vmware Cloud Services Product Offerings
Table 60. Vmware Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 61. Vmware Key News & Latest Developments
Table 62. SAP Company Summary
Table 63. SAP Cloud Services Product Offerings
Table 64. SAP Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 65. SAP Key News & Latest Developments
Table 66. Accenture Company Summary
Table 67. Accenture Cloud Services Product Offerings
Table 68. Accenture Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 69. Accenture Key News & Latest Developments
Table 70. Alibaba Company Summary
Table 71. Alibaba Cloud Services Product Offerings
Table 72. Alibaba Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 73. Alibaba Key News & Latest Developments
Table 74. ServiceNow Company Summary
Table 75. ServiceNow Cloud Services Product Offerings
Table 76. ServiceNow Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 77. ServiceNow Key News & Latest Developments
Table 78. Workday Company Summary
Table 79. Workday Cloud Services Product Offerings
Table 80. Workday Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 81. Workday Key News & Latest Developments
Table 82. Wipro Company Summary
Table 83. Wipro Cloud Services Product Offerings
Table 84. Wipro Cloud Services Revenue (US$, Mn) & (2018-2023)
Table 85. Wipro Key News & Latest Developments
List of Figures
Figure 1. Cloud Services Segment by Service Model in 2022
Figure 2. Cloud Services Segment by Application in 2022
Figure 3. Global Cloud Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Cloud Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Cloud Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Cloud Services Revenue in 2022
Figure 8. By Service Model - Global Cloud Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global Cloud Services Revenue Market Share, 2018-2029
Figure 10. By Service Model - Global Cloud Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Service Model - Global Cloud Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global Cloud Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Cloud Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global Cloud Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America Cloud Services Revenue Market Share, 2018-2029
Figure 16. US Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Cloud Services Revenue Market Share, 2018-2029
Figure 20. Germany Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 21. France Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Cloud Services Revenue Market Share, 2018-2029
Figure 28. China Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 32. India Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Cloud Services Revenue Market Share, 2018-2029
Figure 34. Brazil Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Cloud Services Revenue Market Share, 2018-2029
Figure 37. Turkey Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Cloud Services Revenue, (US$, Mn), 2018-2029
Figure 41. Microsoft Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Amazon Web Services Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Oracle Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. IBM Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Salesforce Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Google Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Adobe Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Vmware Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. SAP Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Accenture Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Alibaba Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. ServiceNow Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Workday Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 54. Wipro Cloud Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
