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Public IT cloud services global market growth 2011-2022

This forecast shows the global market growth rate of public IT cloud services from 2011 to 2022. In 2020, the market is expected to grow by approximately 6.1 percent over 2019 levels. While the growth of cloud services is relatively rapid, it still represents a small percentage of the global IT services market, which was forecast to reach 992 billion U.S. dollars in 2020.

Market growth forecast for public cloud services worldwide from 2011 to 2022**

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Release date

November 2020



Survey time period

2011 to 2020

Supplementary notes

* Forecast. Growth rate figures calculated by Statista based on forecast revenue figures provided by the source.
**The cloud advertising segment was removed from Gartner's public cloud services forecast segments starting from 2017. The 2017 growth rate is the result of comparing 2017 public cloud revenue to 2016 public cloud revenue excluding the cloud advertising segment.

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