How big is the Cloud Infrastructure Services Market?
According to 6Wresearch internal database and industry insights, the
Global cloud infrastructure services market was valued at approximately USDâ¯176.8â¯billion in 2024 and is projected to reach USDâ¯446.3â¯billion by 2031, growing at a CAGR of 14.1%.
This growth is driven by increasing enterprise adoption of Infrastructure-as-a-Service (IaaS), demand for hybrid cloud models, and the need for scalable and secure IT operations.
Key Growth Drivers of the Cloud Infrastructure Services Market
- An increase in the demand of cost effective, on-demand IT resources and storage
- Speedy digitalization in BFSI, healthcare, retail as well as telecommunication
- Big growth in container-based, cloud-native application development with Kubernetes
- Increase of remote working and edge computing facilities
- Disaster recovery, data backup and business continuity services requirement
Cloud Infrastructure Services Market Trends
The cloud infrastructure services market is experiencing strong traction from small and medium enterprises shifting to scalable cloud solutions. Managed infrastructure services, DevOps-as-a-service, and container orchestration platforms are gaining popularity. Service providers are integrating AI and machine learning for enhanced automation, workload optimization, and predictive analytics. The market is also moving toward vertical-specific offerings such as financial cloud and health cloud. Asia-Pacific is seeing fast growth, supported by government digitization programs and rising cloud maturity among enterprises.
Emerging Developments in the Cloud Infrastructure Services Market
Recent developments include the launch of sovereign cloud services to address data localization regulations and cross-border compliance. Service providers are building industry-specific infrastructure stacks with pre-configured compliance features. Multi-cloud observability tools and cloud infrastructure lifecycle automation are becoming standard offerings. There's also growing interest in carbon-neutral cloud infrastructure and sustainable service models, supported by energy-efficient data centers and green cloud certifications.
Major Companies in the Cloud Infrastructure Services Market
- Amazon Web Services (AWS)
- Microsoft Azure
- Google Cloud Platform
- IBM Cloud
- Oracle Cloud Infrastructure
- Alibaba Cloud
- Hewlett Packard Enterprise (HPE)
- Cisco Systems
- Rackspace Technology
- Dell Technologies
How big is the Cloud Infrastructure Services Market : FAQ's
The cloud infrastructure services market was valued at USD 176.8 billion in 2024 and is projected to reach USD 446.3 billion by 2031.
The cloud infrastructure services market is expected to grow at a CAGR of 14.1% during the forecast period of 2025 to 2031.
IaaS, cloud storage, disaster recovery, network services, DevOps tools, and hybrid cloud management.
Cost efficiency, cloud-native scalability, IT agility, business continuity, and security compliance.
Data sovereignty issues, legacy integration complexities, high dependency on network uptime, and vendor lock-in risks.
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