Cloud Infrastructure Services

Global Cloud Infrastructure Services Market to Reach US$583.0 Billion by 2030

The global market for Cloud Infrastructure Services estimated at US$302.4 Billion in the year 2024, is expected to reach US$583.0 Billion by 2030, growing at a CAGR of 11.6% over the analysis period 2024-2030. Storage as a Service, one of the segments analyzed in the report, is expected to record a 12.4% CAGR and reach US$207.8 Billion by the end of the analysis period. Growth in the Compute as a Service segment is estimated at 10.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$80.3 Billion While China is Forecast to Grow at 10.7% CAGR

The Cloud Infrastructure Services market in the U.S. is estimated at US$80.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$89.6 Billion by the year 2030 trailing a CAGR of 10.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.7% and 9.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.

Global Cloud Infrastructure Services Market - Key Trends and Drivers Summarized

Cloud computing has dramatically transformed the way businesses approach IT infrastructure, moving away from traditional data centers and costly hardware investments towards utilizing services provided by industry giants like Amazon Web Services, Google Cloud, and Microsoft Azure. This shift is revolutionizing their computing, networking, and storage resources, integrating seamlessly into their broader business ecosystems. Cloud infrastructure provides a variety of elements essential for developing applications accessible over the internet, including servers, software, network devices, and storage resources. Examples include cloud-based EDI software, which reduces overhead by eliminating the need for physical infrastructure. Cloud services are categorized into Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS), each offering different levels of control and benefits, from ease of use with minimal IT overhead in SaaS to extensive control with IaaS, which allows businesses to access servers and storage directly.

Different types of clouds, namely private, public, and hybrid, cater to varying business needs. Private clouds offer enhanced security for sensitive data and are often utilized by large organizations that can afford to manage their own IT services. In contrast, public clouds provide a cost-effective solution for less sensitive information, managed off-site by third-party providers. Hybrid clouds blend the security of private clouds with the flexibility and scalability of public clouds, making them ideal for businesses requiring both security and adaptability. Cloud Infrastructure as a Service (IaaS) allows businesses extensive control over their resources akin to traditional on-premise setups but without the burden of physical management. This includes handling network monitoring, security, load balancing, and disaster recovery, all managed online, providing flexibility to scale resources as needed.

The construction of a reliable cloud infrastructure necessitates efficient service and resource management, integration with existing data center management tools, and stringent security measures. The utilization of cloud infrastructure offers significant advantages such as cost reduction by eliminating the need for extensive physical setups, and increased flexibility where service changes can be implemented swiftly. Moreover, cloud providers continuously enhance security measures to safeguard data against threats. However, the reliance on a stable internet connection and potential risks tied to vendor stability pose challenges. Furthermore, depending on the cloud service model and provider, companies might face limitations in controlling their data and infrastructure. As cloud technologies evolve, they are set to play a crucial role in the digital transformation of businesses, pushing them towards the forefront of innovation with reduced operational costs, enhanced flexibility, and improved security, thereby allowing them to focus more on strategic initiatives than on IT management.

SCOPE OF STUDY:

The report analyzes the Cloud Infrastructure Services market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Service Type (Storage as a Service, Compute as a Service, Disaster Recovery & Backup as a Service, Networking as a Service, Other Service Types); Deployment (Public Cloud Deployment, Private Cloud Deployment, Hybrid Cloud Deployment); Vertical (BFSI Vertical, IT & Telecom Vertical, Government & Public Sector Vertical, Retail & Consumer Goods Vertical, Healthcare & Life Sciences Vertical, Other Verticals)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 13 Featured) -

• Alibaba Cloud
• Amazon Web Services, Inc.
• AT&T, Inc.
• Bluelock LLC
• CenturyLink, Inc.
• DigitalOcean LLC
• Dimension Data Holdings PLC
• DXC Technology Company
• Fujitsu Ltd.
• Google Cloud Platform
• IBM Corporation
• Joyent, Inc.
• Microsoft Corporation
• NaviSite, Inc.
• NEC Corporation
• Oracle Corporation
• OVH SAS
• Rackspace US Inc.
• Skytap, Inc.
• Tencent Cloud
• Verizon Communications, Inc.
• Virtustream, Inc.
• Vmware, Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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