Global Cloud Infrastructure Services Industry

Global Cloud Infrastructure Services Industry

  • April 2021 •
  • 231 pages •
  • Report ID: 1861843 •
  • Format: PDF
Abstract:
- Global Cloud Infrastructure Services Market to Reach $117.9 Billion by 2027
- Amid the COVID-19 crisis, the global market for Cloud Infrastructure Services estimated at US$35.1 Billion in the year 2020, is projected to reach a revised size of US$117.9 Billion by 2027, growing at a CAGR of 18.9% over the analysis period 2020-2027. Compute as a Service, one of the segments analyzed in the report, is projected to record a 18.5% CAGR and reach US$28.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Storage as a Service segment is readjusted to a revised 20.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $10.5 Billion, While China is Forecast to Grow at 18.5% CAGR
- The Cloud Infrastructure Services market in the U.S. is estimated at US$10.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.8 Billion by the year 2027 trailing a CAGR of 18.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.8% and 15.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.
- Disaster Recovery & Backup as a Service Segment to Record 21.2% CAGR
- In the global Disaster Recovery & Backup as a Service segment, USA, Canada, Japan, China and Europe will drive the 21.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5 Billion in the year 2020 will reach a projected size of US$19.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13.7 Billion by the year 2027.

- Select Competitors (Total 87 Featured) -
  • Alibaba Cloud
  • Amazon Web Services, Inc.
  • AT&T, Inc.
  • Bluelock LLC
  • CenturyLink, Inc.
  • DigitalOcean LLC
  • Dimension Data Holdings PLC
  • DXC Technology Company
  • Fujitsu Ltd.
  • Google Cloud Platform
  • IBM Corporation
  • Joyent, Inc.
  • Microsoft Corporation
  • NaviSite, Inc.
  • NEC Corporation
  • Oracle Corporation
  • OVH SAS
  • Rackspace US Inc.
  • Skytap, Inc.
  • Tencent Cloud
  • Verizon Communications, Inc.
  • Virtustream, Inc.
  • Vmware, Inc.