How big is the Cloud Market in 2030 | Value & Global Impact 2025

Q: What is the projected size of the cloud market?

The cloud market is projected to reach approximately USD 1,241.6 billion by 2031.

Q: What is the growth rate of the cloud market?

The cloud market is expected to grow at a CAGR of 10.5% from 2025 to 2031.

Q: Which applications contribute the most in the cloud market?

SaaS applications, data analytics, cloud storage, DevOps, virtual infrastructure, and security services.

Q: What is driving demand in the cloud market?

Scalability, digital transformation, AI integration, global workforce connectivity, and hybrid IT models.

Q: What challenges does the cloud market face?

Data privacy concerns, multi-cloud complexity, regulatory barriers, and cost control issues.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5409

Publication Date: Jul 2025

How big is the Cloud Market in 2030?

According to 6Wresearch internal database and industry insights, the Global cloud market is projected to reach approximately USD 1,241.6 billion by 2031, up from an estimated USD 677.9 billion in 2024, growing at a CAGR of 10.5%.

This growth is driven by accelerated digital transformation, increased enterprise cloud adoption, and the rising need for scalable, secure, and cost-efficient IT infrastructure.

Key Growth Drivers of the Cloud Market

The rising SaaS, PaaS and IaaS utilized by different industries
The growing popularity of cloud services of AI, IoT and big data solutions
Increasing reliance on remote office instruments and programs of online teamwork
Heightened cloud-native applications and investment in DevOps
This is a fast pace of cloud-native application investments and procedures and DevOps
Increases in the requirements of flexible storage of data, computing resources and networked infrastructures

Cloud Market Trends

The cloud market is witnessing strong growth in multi-cloud and hybrid cloud environments, enabling workload flexibility and risk mitigation. Enterprises are adopting serverless computing and containerized applications to improve agility. FinOps and sustainability analytics are gaining ground to manage costs and track cloud-related carbon footprints. Data sovereignty and localization trends are shaping regional cloud deployments. Asia-Pacific, led by India and China, is emerging as a key contributor to global market growth.

Emerging Developments in the Cloud Market

Recent Trend The new trend is the introduction of quantum computing into the cloud, which makes it possible to perform advanced simulations and work. Cloud resource management, its performance, and security are gaining automation with the adoption of AI-based tools. Providers are considering green data centers and the necessary investment in energy-efficient infrastructure to stay in line with sustainability aims. The use of edge cloud is gaining momentum with the help of telecom operators to ensure speed and latency. Clouds tailored to specific industries and zero-trust security architectures are becoming more common as well, which deal with regulatory requirements and industry-specific requirements.