Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for global professionals · Friday, May 9, 2025 · 811,190,200 Articles · 3+ Million Readers

Key Driver Transforming The Cloud Industry Market 2025: Rising Demand For Operational Efficiency Driving Market Growth

Cloud Industry Market Report

Cloud Industry Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

The Business Research Company's Cloud Industry Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034 ”
— The Business Research Company

LONDON, GREATER LONDON, UNITED KINGDOM, May 9, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034

Rapid digital transformation, robust expansion of Software as a Service SaaS, increased internet penetration, escalating demand for data storage, and the growth of e-commerce are the prominent growth drivers that contributed to a leap in the cloud industry market size from $705.91 billion in 2024 to $848.46 billion in 2025, marking a compound annual growth rate CAGR of 20.2%.

Is the Cloud Industry Market Set to Witness Substantial Growth?
Going forward, the market is expected to accelerate at a CAGR of 19.9%, reaching $1,754.85 billion in 2029. This forecasted growth can be credited to several factors including the expansion of Artificial Intelligence AI and Machine Learning ML, adoption of edge computing, proliferation of hybrid cloud, rising cybersecurity concerns, and regulatory compliance needs.

In addition, the market will witness major trends such as embracing multi-cloud strategies, integrating quantum computing, proliferation of cloud-native applications, advancements in virtualization technology, and the development of sector-specific cloud solutions. Digital transformation, furthermore, is poised to fuel the growth of the cloud industry market. By integrating digital technologies into all aspects of a business, digital transformation not only revolutionizes how a company operates and serves its customers, but also facilitates smarter, data-driven decision making.

Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21919&type=smp

Who Are The Key Players In The Cloud Industry Market?
Among the key players in the cloud industry are Amazon Web Services Inc., Google LLC, Alibaba Group Holding Limited, Huawei Technologies Co. Ltd., Tencent Cloud Computing Beijing Co. Ltd., Microsoft Corporation, International Business Machines Corporation IBM, Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company, Salesforce Inc., Equinix Inc., NetApp Inc., Workday Inc., VMware Inc., ServiceNow Inc., Nutanix Inc., Snowflake Inc., DigitalOcean Inc., OpenSta. These companies are focusing on innovation by developing unique cloud computing solutions to enhance scalability, improve data security, and optimize operational efficiency.

Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/cloud-industry-global-market-report

How Is The Cloud Industry Market Segmented?
The cloud industry market report analysis is divided along the following lines:
1 By Type: Public Cloud, Private Cloud, Hybrid Cloud, Multi-Cloud
2 By Enterprise Size: Small And Medium-Enterprises, Large Enterprises
3 By Application: BFSI Banking, Financial Services, And Insurance, Healthcare, Retail And E-Commerce, Information Technology IT And Telecom, Government And Defense, Manufacturing, Media And Entertainment, Education

Subsegments:
1 By Public Cloud: Infrastructure As a Service IaaS, Platform As a Service PaaS, Software As a Service SaaS, Function As a Service FaaS
2 By Private Cloud: On-Premise Private Cloud, Hosted Private Cloud
3 By Hybrid Cloud: Cloud Bursting, Disaster Recovery And Backup, DevOps Integration
4 By Multi-Cloud: Multi-Cloud Storage, Multi-Cloud Security, Multi-Cloud Networking, Multi-Cloud Application Management

What Is The Regional Analysis Of Cloud Industry Market?
In terms of geographical analysis, North America held the largest share of the cloud industry market in 2024, while Asia-Pacific is predicted to be the fastest-growing region during the forecast period.

Browse Through More Similar Reports By The Business Research Company:
Cloud Based Contact Center Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/cloud-based-contact-center-global-market-report

Cloud Billing Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/cloud-billing-global-market-report

Cloud Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/cloud-services-global-market-report

About The Business Research Company
Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us: info@tbrc.info

Stay connected:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
LinkedIn
Facebook
X

Powered by EIN Presswire

Distribution channels: Business & Economy, IT Industry, International Organizations, Technology, World & Regional

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release