Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Get in touch with us nowIn 2024, 49 percent of respondents are already running significant workloads on Amazon Web Services (AWS).
One of the most prevalent ways for companies to utilize cloud computing is to take advantage of the various “as-a-service” options available from many of the world’s largest tech companies. These services provide organizations with access to computing power, software, and other cloud-related functions without the need for in-house hardware. The software-as-a-service market alone is expected to grow well past the 232 billion U.S. dollar mark by 2020, while the infrastructure-as-a-service market is expected to reach around 195 billion itself in 2024. Companies such as Amazon, Microsoft, and Google have all been quick to incorporate cloud services into their offerings, providing small and mid-sized companies with the opportunity to utilize cloud computing resources without the need for extensive investments into hardware. Having only introduced the business segment in 2014, Microsoft’s intelligent cloud segment has grown rapidly, rivaling even the company’s long-established personal computing segment in terms of revenue generation.
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Overview: Cloud
Overview: Cloud Infrastructure
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.