Global Cloud Infrastructure Market: By Type (Hardware and Services), By End User (Banking, Financial, Services and Insurance (BFSI), Consumer Goods & Retail, Telecommunications & ITES, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, Business & Consulting Services and Others) and Geography  

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Cloud Infrastructure Market size was valued at 236.71 Billion in 2022 and is estimated to reach 624.83 Billion by 2029, at a CAGR of 12.9% during the forecast period 2023 to 2029. Increase in demand for cloud computing, cost saving from buying physical storage devices, reduction in infrastructure cost, need for disaster protection and new era of functionality are some key factors influencing the market growth. However, factors such as legal/regulatory issues and migration from legacy systems are restricting the market growth. Cloud computing is becoming an adoptable technology for many of the organizations with its dynamic scalability and usage of virtualized resources as a service through the Internet. Cloud computing uses the Internet and central remote servers to maintain data and applications. As know that at present the e- commerce services opportunity to utilize pay-as-you-go resources together with their own and shared resource in the fields of IT. Global cloud infrastructure market is surging owing to frequent acquisitions and launchings by the market players.

For Instance, in Aug 2019, Dell Technologies Cloud Advancements launched New Kubernetes Support and Hybrid Cloud Infrastructure Options. Dell Technologies Cloud delivers this consistent hybrid cloud experience, now with additional infrastructure options to meet a wider variety of unique requirements. Customers also now can better align their developers and operations teams by supporting Kubernetes and cloud native development along with traditional applications in a single platform, supported wherever their applications reside.

Global Cloud Infrastructure Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

12.9%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Cloud Infrastructure Market Dynamics

Cloud infrastructure will bring in a new era of functionality and opportunity by enabling organizations to do things which were not possible before. Cloud computing has been an important term in the world of information technology (IT). Cloud computing is a kind of computing which is highly scalable and use virtualized resources that can be shared by the users. The cloud infrastructure helps smaller organizations to gain access to computing capabilities. Cloud computing is the computing that provides virtualized IT resources as a service by using Internet technology. In cloud computing, a customer lends IT resources as needed, uses them, get a support of real-time scalability according to service load, and pays as he/she goes.

Key Features of the Reports

  • Global cloud infrastructure market expanding at significant CAGR over 2023 to 2029 owing to increase in demand for cloud computing.
  • Based on type, hardware segment accounted for larger market revenue share in 2022 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Cloud Infrastructure market

Global Cloud Infrastructure Market Segmentation

By Type
  • Hardware
  • Server
  • Tower Server
  • Rack Server
  • Blade Server
  • Density-Optimized Server
  • Storage
  • Ethernet Switches
  • Services
  • Platform as A Service (PaaS)
  • Infrastructure as A Service (IaaS)
  • Content Delivery Network (CDN)/Application Delivery Network (ADN)
  • Managed Hosting
  • Colocation Services
By end user
  • Banking, Financial, Services and Insurance (BFSI)
  • Consumer Goods & Retail
  • Telecommunications & ITES
  • Healthcare
  • Energy
  • Government
  • Education & Research
  • Media & Entertainment
  • Manufacturing
  • Business & Consulting Services
  • Others
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  • Hewlett Packard Enterprise Co (US)
  • Dell Inc. (US)
  • Cisco SystemsInc. (US)
  • EMC Corporation (US)
  • IBM Corporation (US)
  • Amazon Web Services (US)
  • Alphabet Inc. (US)
  • Intel Corporation (US)
  • Lenovo group Limited (China)
  • AT&TInc. (US)
  • Oracle Corporation (US)
  • Quanta Computer Inc. (Taiwan)
  • Foxconn Technology Group (Taiwan)
  • Rackspace HostingInc. (US)

Adjacent Markets