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

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.

Major Companies in the Cloud Market

  • Amazon Web Services (AWS)
  • Microsoft Azure
  • Google Cloud Platform
  • IBM Cloud
  • Oracle Cloud Infrastructure
  • Alibaba Cloud
  • Salesforce
  • SAP SE
  • Hewlett Packard Enterprise
  • Tencent Cloud
How big is the Cloud Market in 2030 : FAQ's
The cloud market is projected to reach approximately USD 1,241.6 billion by 2031.
The cloud market is expected to grow at a CAGR of 10.5% from 2025 to 2031.
SaaS applications, data analytics, cloud storage, DevOps, virtual infrastructure, and security services.
Scalability, digital transformation, AI integration, global workforce connectivity, and hybrid IT models.
Data privacy concerns, multi-cloud complexity, regulatory barriers, and cost control issues.
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.
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