The revenue in the public cloud market in the United Kingdom was forecast to continuously increase between 2023 and 2028 by in total 14.2 billion U.S. dollars (+60.14 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 37.84 billion U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the public cloud market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources include virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.
The Public Cloud market is structured into five markets based on the type of service models provided by the companies.
The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.
The public cloud market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players of the public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).
For more information on the data displayed, use the info button right next to the boxes.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (September 26, 2023). Revenue of the public cloud market in the United Kingdom from 2019 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 10, 2023, from https://www.statista.com/forecasts/1202942/public-cloud-revenue-united-kingdom
Statista. "Revenue of the public cloud market in the United Kingdom from 2019 to 2028 (in billion U.S. dollars)." Chart. September 26, 2023. Statista. Accessed December 10, 2023. https://www.statista.com/forecasts/1202942/public-cloud-revenue-united-kingdom
Statista. (2023). Revenue of the public cloud market in the United Kingdom from 2019 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 10, 2023. https://www.statista.com/forecasts/1202942/public-cloud-revenue-united-kingdom
Statista. "Revenue of The Public Cloud Market in The United Kingdom from 2019 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Sep 2023, https://www.statista.com/forecasts/1202942/public-cloud-revenue-united-kingdom
Statista, Revenue of the public cloud market in the United Kingdom from 2019 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1202942/public-cloud-revenue-united-kingdom (last visited December 10, 2023)
Revenue of the public cloud market in the United Kingdom from 2019 to 2028 (in billion U.S. dollars) [Graph], Statista, September 26, 2023. [Online]. Available: https://www.statista.com/forecasts/1202942/public-cloud-revenue-united-kingdom