In 2022, software as a service (SaaS) is expected to represent the largest segment of the global cloud computing market, with 185 billion U.S. dollars in revenues. Revenues from all three cloud segments are forecasted to increase in 2023, being important enterprise computing components.
For several years now, cloud computing has been revolutionizing the IT and business landscape as it provides highly scalable computer system resources on demand. Because the cloud increases efficiency, speeds up deployment, and is secure, it is considered a good choice in a variety of business contexts. Notably, organizations increasingly opt for hybrid and multi cloud strategies, because these architectures provide great flexibility to move workloads to where they need to be.
Cloud services market spending by segment worldwide from 2015 to 2022 (in billion U.S. dollars)*
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ITCandor. (May 3, 2023). Cloud services market spending by segment worldwide from 2015 to 2022 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved February 09, 2025, from https://www.statista.com/statistics/540499/worldwide-cloud-computing-revenue-by-segment/?__sso_cookie_checker=failed
ITCandor. "Cloud services market spending by segment worldwide from 2015 to 2022 (in billion U.S. dollars)*." Chart. May 3, 2023. Statista. Accessed February 09, 2025. https://www.statista.com/statistics/540499/worldwide-cloud-computing-revenue-by-segment/?__sso_cookie_checker=failed
ITCandor. (2023). Cloud services market spending by segment worldwide from 2015 to 2022 (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: February 09, 2025. https://www.statista.com/statistics/540499/worldwide-cloud-computing-revenue-by-segment/?__sso_cookie_checker=failed
ITCandor. "Cloud Services Market Spending by Segment Worldwide from 2015 to 2022 (in Billion U.S. Dollars)*." Statista, Statista Inc., 3 May 2023, https://www.statista.com/statistics/540499/worldwide-cloud-computing-revenue-by-segment/?__sso_cookie_checker=failed
ITCandor, Cloud services market spending by segment worldwide from 2015 to 2022 (in billion U.S. dollars)* Statista, https://www.statista.com/statistics/540499/worldwide-cloud-computing-revenue-by-segment/?__sso_cookie_checker=failed (last visited February 09, 2025)
Cloud services market spending by segment worldwide from 2015 to 2022 (in billion U.S. dollars)* [Graph], ITCandor, May 3, 2023. [Online]. Available: https://www.statista.com/statistics/540499/worldwide-cloud-computing-revenue-by-segment/?__sso_cookie_checker=failed