{"id":1594,"date":"2023-10-06T05:01:56","date_gmt":"2023-10-06T09:01:56","guid":{"rendered":"https:\/\/verito.com\/blog\/?p=1594"},"modified":"2026-08-16T14:33:28","modified_gmt":"2026-08-16T18:33:28","slug":"cloud-computing-statistics","status":"publish","type":"post","link":"https:\/\/verito.com\/blog\/cloud-computing-statistics\/","title":{"rendered":"Cloud Computing Statistics for 2023 and Beyond"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In terms of new technologies, few innovations have soared to greater heights in the past decade than cloud computing. Being an alternative to the traditional IT infrastructure, cloud computing has reshaped how businesses operate, individuals connect, and data is managed. In fact, the cloud has become a fundamental driving force behind the monumental shifts in our technological landscape.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rise of cloud computing has been nothing short of meteoric. However, it can be quite overwhelming to find reliable sources of information that define cloud computing statistics. Get insights into growth trends and future opportunities in our detailed report on the <strong data-start=\"87\" data-end=\"174\"><a class=\"\" href=\"https:\/\/verito.com\/blog\/cloud-computing-market-2023\/\" target=\"_new\" rel=\"dofollow noopener\" data-start=\"89\" data-end=\"172\" data-is-only-node=\"\" target=\"_blank\">Cloud Computing Market 2023<\/a><\/strong>. Keeping many of such factors in mind, we have curated this complete guide covering statistical details on the global cloud computing landscape from various angles. Let\u2019s dive deeper.<\/span><\/p>\n<h2 id=\"cloud-and-it-impressive-statistics-you-should-know-about\"><b>Cloud and IT: Impressive Statistics You Should Know About<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">85% of organizations will be cloud-first by 2026.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 60% of all corporate data lies in the cloud servers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100 ZettaBytes (ZB) of data is expected to be stored in the cloud by 2026. Here, 1 ZB represents 1 trillion GBs of data.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One-fourth of the enterprise IT market spending was on the cloud in 2022. It is expected that more than 50% of the IT spending will shift to cloud solutions by 2026.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">4 in every 5 enterprises have plans to increase investments in cloud solutions irrespective of the economic ups and downs.<\/span><\/li>\n<\/ul>\n<p>Understand the basics and benefits in\u00a0 <strong data-start=\"60\" data-end=\"184\"><a class=\"\" href=\"https:\/\/verito.com\/blog\/cloud-hosting-definition-advantages-and-more\/\" target=\"_new\" rel=\"dofollow noopener\" data-start=\"62\" data-end=\"182\" data-is-only-node=\"\" target=\"_blank\">Cloud Hosting: Definition, Advantages, and More<\/a><\/strong>.<\/p>\n<h2 id=\"statistics-around-cloud-benefits\"><b>Statistics Around Cloud Benefits<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 2\/3rd of companies have achieved the expected benefits of cloud computing, such as business enablement, business continuity, and improved service levels.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cloud technology tends to improve the average time to market new features by 37%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cloud also helps reduce downtime by more than 50%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 50% of companies using the cloud reveal easier IT operations due to cloud migration as one of its benefits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The rising cloud adoption is expected to generate $3 trillion in EBITDA by 2030.<\/span><\/li>\n<\/ul>\n<p>Find out what to look for when selecting the right partner in <strong data-start=\"75\" data-end=\"177\"><a class=\"\" href=\"https:\/\/verito.com\/blog\/choose-a-cloud-service-provider\/\" target=\"_new\" rel=\"dofollow noopener\" data-start=\"77\" data-end=\"175\" data-is-only-node=\"\" target=\"_blank\">How to Choose a Cloud Service Provider<\/a><\/strong>.<\/p>\n<h2 id=\"cloud-computing-statistics-around-market-spending-and-revenue\"><b>Cloud Computing Statistics Around Market Spending and Revenue<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">80% of companies spend more than $1 million per year on the cloud. More precisely, 37% of enterprises spend more than $12 million in annual cloud spending.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Public cloud revenue rose 21% in 2022 to $544 billion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) segments witnessed a significant rise in revenue of 29% in 2022, taking the number to $195 billion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In service, the Software-as-a-Service (SaaS) segment covered the majority of the cloud industry and accounted for 55% of the total revenue in 2022.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In terms of deployment, private cloud deployments accounted for 47% of the revenue in 2022.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In terms of geographical usage, North America accounted for more than 40% of the cloud revenue in 2022.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The global market for cloud computing is expected to cross the mark of $1.6 trillion by 2030.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The APAC or Asia-Pacific region, not including China, constitutes 14% of cloud spending at the global level. The overall cloud spend in the region is expected to be around $200 billion by 2024.<\/span><\/li>\n<\/ul>\n<h2 id=\"cloud-computing-statistics-in-terms-of-market-leaders\"><b>Cloud Computing Statistics in Terms of Market Leaders<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Eight cloud infrastructure providers worldwide control more than 80% of the cloud market. These include AWS, Microsoft Azure, and Google Cloud at the top three positions.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">AWS has a 34% market share in cloud infrastructure, which is more than the combined share of the other two of its biggest competitors.<\/span><\/li>\n<\/ul>\n<h2 id=\"cloud-computing-statistics-in-terms-of-type-of-cloud-deployment\"><b>Cloud Computing Statistics in Terms of Type of Cloud Deployment<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Global public cloud spending is expected to reach around $600 billion in 2023.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses in the public cloud segment have invested around $120 billion to build, lease, and equip data center infrastructure in 2022.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 95% of companies use one public cloud at least.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Retail and e-commerce businesses (79%) heavily use public cloud, while 68% of small enterprises use it for cost benefits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Companies run around 30% of their workloads in private cloud on average.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The telecommunications sector uses private clouds more than public cloud solutions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 50% of companies having revenue above $500 million work on a hybrid cloud approach.<\/span><\/li>\n<\/ul>\n<h2 id=\"cloud-computing-statistics-in-terms-of-storage\"><b>Cloud Computing Statistics in Terms of Storage<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">14% of the IT budgets in companies are allocated to public cloud storage solutions on average.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 50% of organizations spent a larger amount on public cloud storage than what they budgeted.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More than 70% of U.S.-based consumers using cloud storage, store photos in the cloud, while 53% of them back up important data via cloud.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">27% of consumers use cloud storage to save login credentials\/passwords.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">94.4% of consumers use Google Drive, followed by Dropbox (66.2%).<\/span><\/li>\n<\/ul>\n<h2 id=\"cloud-computing-statistics-in-terms-of-data-center\"><b>Cloud Computing Statistics in Terms of Data Center<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The data centre infrastructure spending is expected to reach $49 billion by 2030.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The U.S. emerges as the market leader in the data center industry. More than 100 data centers are located in the Bay Area, Dallas, and Los Angeles.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The demand for data centers can grow around 10% every year till 2030 in the U.S.<\/span><\/li>\n<\/ul>\n<p><i><span style=\"font-weight: 400;\">Switch to cloud solutions with Verito Technologies. <a href=\"https:\/\/verito.com\/contact-us\" target=\"_blank\" rel=\"dofollow noopener\">Contact us<\/a> today!<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"In terms of new technologies, few innovations have soared to greater heights in the past decade than cloud&hellip;\n","protected":false},"author":12,"featured_media":1595,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,1],"tags":[],"class_list":{"0":"post-1594","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cloud-hosting","8":"category-knowledge-base"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cloud Computing Statistics for 2023 and Beyond<\/title>\n<meta name=\"description\" content=\"This complete guide covers details on the global cloud computing statistics from various angles. 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