Highlights
Market definition
in-scope / out-of-scope
Reports
  • Revenue in the Public Cloud market is projected to reach US$338,808m in 2021.
  • The market's largest segment is Software as a Service with a projected market volume of US$190,935m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 19.0%, resulting in a market volume of US$679,494m by 2025.
  • In global comparison, most revenue will be generated in the United States (US$172,136m in 2021).
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The market for Public Cloud includes revenues generated by the three cloud computing service models of Infrastructure as a Service, Platform as a Service, and Software as a Service. In general, these services are offered by third-party service providers who deliver computing resources such as servers and storage capabilities, developing tools and frameworks as well as business applications to customers via the internet. These services are remotely managed, enabled, and distributed by third-party, large-scale data centers.
In comparison to a private cloud, a public cloud offers its services not only to individual organizations, but to many other users via the public internet. Public cloud allows for scalability and resource sharing that would not otherwise be possible for a single organization to achieve.

Company examples: Amazon Web Services, Microsoft Azure, Google Cloud, Salesforce, IBM.
in-scope
  • Infrastructure as a Service
  • Platform as a Service
  • Software as a Service
out-of-scope
  • Business Process as a Service
  • Private cloud services
  • Physical data centers
Revenue (2021)
+24.6% yoy
US$338,808m

Revenue

in the Public Cloud market in million US$

Reading Support Revenue in the Public Cloud market is projected to reach US$338,808m in 2021.

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Revenue:

The “Revenue” box shows the historical and forecasted revenue development of the selected market (market segment, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Revenue Growth

in the Public Cloud market in percent

Reading Support The Public Cloud market is expected to show a revenue growth of 22.7% in 2022.

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Revenue Growth:

The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms.

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Analyst Opinion

Cloud computing is one of the hot topics when talking about IT development and groundbreaking industry changes. Cloud computing affects all kinds of business processes and can tackle dynamic and complex needs. Infrastructure as a Service (IaaS) makes it easy to scale up or down physical servers and data center infrastructure. Platform as a Service (PaaS) offers tools in a virtual environment that provide the possibility of developing and running applications. Software as a Service (SaaS) is a third cloud service model for licensing and delivering business applications that are typically accessed via a web browser. Besides purely private and purely public cloud solutions, hybrid cloud and multi-cloud models will play an important role in enterprises’ future cloud strategies.

World Map

Spend per Employee

in the Public Cloud market in US$

Reading Support The average Total Spend per Employee is projected to reach US$80.32 in 2021.

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Average Spend per Employee:

The Average Spend per Employee box shows the average market value of the selected market (market segment, region) per employee in US dollars for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Sales by company

in the Public Cloud market in percent

Reading Support The global market share of Amazon Web Services was 13.7% in 2019.

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Info The ""Sales by Company"" box shows the revenue shares of the key market players of the selected market/segment in percentages. A definition and detailed explanation of the displayed markets can be found here. ×

Global Comparison - Revenue

in the Public Cloud market in million US$

Reading Support With a projected market volume of US$172,136m in 2021, most revenue is generated in the United States.

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Global Comparison – Revenue:

The “Revenue” box shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.

A definition and detailed explanation of the displayed markets can be found here.
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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

2016201720182019202020212022202320242025 CAGR
(2016-2025)
Population in m
Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices
Business cycle
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Unemployment rate in %
The indicator shows the share of unemployed people in the selected region, defined as persons without work that seek employment, as a percentage of the total labor force. The data is based on national estimates. The definitions of labor force and unemployment differ by country. | Source: Statista, based on IMF WEOD, World Bank and ILO
Telecommunication
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Internet users in m
Number of people in the selected region using the internet | Source: Statista, based on ITU and national statistical offices
Mobile subscriptions, total in m
The indicator shows subscriptions to the Public Switched Telephone Network (PSTN) using cellular technology. Included are only subscriptions that also allow voice communication, pure data and M2M (machine to machine) connections are not included. | Source: Statista, based on ITU, trade assocations and national regulatory institutions
GDP, per capita (current prices)
Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB
Internet penetration in %
Estimated share of the total population in the selected region using the internet | Source: Statista, based on ITU and national statistical offices
Source: Statista, January 2021
Source: Statista, January 2021, based on IMF, World Bank, UN and Eurostat

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