cloud computing has completely transformed the organization's operations by providing adaptable and scalable solutions to meet their IT needs. As a result, data and trends related to cloud computing are growing in tandem with the demand for this technology.
In this article, we will examine the top 50 statistics and trends in cloud computing for 2023, giving you a complete understanding of the state of cloud computing and what to expect in the coming year.
From adoption rates to cost savings, these statistics will provide valuable insight into the current and future landscape of cloud computing.
Exploring the growth and adoption of technology Cloud
With the shift to remote work and the continued demand for digital transformation, cloud technology is expected to grow and become even more ubiquitous in the coming years.
1. Competition among cloud providers drives adoption
(Source: Gartner)
Increasing competition among cloud vendors is also driving adoption, as organizations have more options and can negotiate better prices and services. According to Gartner, Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP) are the top three cloud vendors, with AWS holding the largest market share at 32 percent.
2. Size of the global cloud computing market: rapid growth expected
(Source: Markets and Markets)
The size of the global cloud computing industry is projected to grow from $371.4 billion in 2020 to $832.1 billion in 2025 at a compound annual growth rate (CAGR) of 17.5 percent.
3. Widespread adoption of cloud services by businesses
(Source : Flexera)
In 2023, 94% of companies use at least one cloud service, with the average number of cloud services used being 2.2 in medium-sized companies and 4.8 in large companies.
(Source: IDC)
Global investment in public cloud services and infrastructure is projected to exceed $500 billion in 2023, up from $229 billion in 2019, representing a CAGR of 22.3 percent.
5. Improving the adoption of security in the cloud
(Source: LogicMonitor)
The adoption of cloud technology is also a result of the increase in security tools cloud and service availability. In a recent survey, 75 percent of IT decision makers said their organization's cloud security was better or equal to their on-premises security.
6. Impact of COVID-19 on accelerated technology adoption cloud
(Source : Flexera)
The spread of COVID-19 has increased the use of technology cloud, as organizations have had to adapt quickly to remote work. In a survey of IT decision-makers, 40 percent said they increased spending on cloud because of the pandemic.
7. Adoption of growing hybrid strategies cloud
(Source : Flexera)
Many companies are implementing a hybrid cloud strategy, which involves using both public and private cloud services. In a survey of IT decision makers, 58 percent said they were using a hybrid cloud strategy, up from 51 percent the previous year.
(Source: Cloud Foundation)
The rise of native cloud development, which involves building and deploying applications specifically designed for cloud, is also driving adoption of cloud. According to a survey by the Cloud Foundry Foundation, 45% of organizations currently use native cloud development, while 32% plan to do so in the near future.
9. IoT drives technology growth cloud
(Source: LogicMonitor)
IoT adoption is also driving the growth of cloud technology, as organizations use cloud to store and process the large amounts of data generated by IoT devices. In a recent survey, 79 percent of organizations used cloud to store IoT data.
10. Adoption of ML and AI to support adoption of cloud
(Source: O'Reilly)
ML and AI are other factors driving adoption at cloud, as organizations use cloud to access powerful ML and AI tools and services. According to an O'Reilly survey, 85% of organizations are currently using ML or AI, while 16% plan to do so soon.
Cloud Computing Market Forecast: Future Projections and Trends
As a result, the cloud computing market is expected to continue its rapid growth in the coming years, with projections pointing to a bright future for the industry.
11. Continued growth expected for the cloud computing market
(Source: Allied Market Research)
The cloud computing market is expected to multiply in the coming years. According to a report by Allied Market Research, the projected size of the global cloud computing industry will be $1.25 trillion by 2028, growing at a CAGR of 17.6 percent from 2021 to 2028.
12. Widespread adoption of multicloud
(Source : Flexera)
Multicloud adoption is expected to become more widespread in the coming years as organizations use multiple cloud vendors to reduce vendor dependency and increase flexibility. According to a Flexera report, 92 percent of companies have a multi-cloud strategy, up from 81 percent the previous year.
13. Increasing adoption of Edge Computing technology
(Source: Markets and Markets)
Edge computing, which includes data processing at the edge, is becoming more popular as it is generated and is expected to grow in the coming years as organizations seek to reduce latency and improve performance. According to a MarketsandMarkets survey, the edge computing market is expected to grow from $3.6 billion in 2020 to $15.7 billion by 2025, at a CAGR of 34.1 percent over the forecast period.
14. Continued growth expected in the adoption of cloud hybrid
(Source: Markets and Markets)
Adoption of cloud hybrid is also expected to increase in the coming years as enterprises seek to weigh the benefits of both public and private cloud infrastructure. According to MarketsandMarkets, the hybrid cloud market is expected to grow at a CAGR of 23.3 percent between 2020 and 2025, from $44.6 billion in 2020 to $128.01 billion by 2025.
15. Industry-specific cloud solutions: meeting the needs of different sectors
(Source: TechTarget)
Vendors at cloud are increasingly offering industry-specific solutions to meet the unique needs of different industries. For example, vendors at cloud offer healthcare-specific solutions that comply with industry regulations and financial services-specific solutions with advanced security features.
16. Increasing emphasis on security at cloud with increased adoption
(Source: Cloud Security Alliance)
With the increasing adoption of technology cloud, the focus is also on security at cloud. As a result, cloud vendors are investing in advanced security features, such as encryption, access controls and threat detection, to help organizations protect their data at cloud.
17. Growing adoption of serverless computing for cost savings and agility
(Source: Markets and Markets)
The adoption of serverless computing, which involves using a cloud provider to manage infrastructure and automatically scale resources as needed, is expected to increase in the coming years as companies strive to reduce costs and increase agility. According to a MarketsandMarkets report, the serverless architecture market is expected to grow from $3.3 billion in 2020 to $14.1 billion by 2025, at a CAGR of 33.4 percent during the forecast period.
18. Increasing adoption of AI and ML via cloud-based services cloud
(Source: Gartner)
AI and ML adoption is expected to increase in the coming years as organizations use cloud -based services to access advanced AI and ML tools and services. According to a Gartner report, the AI market is expected to grow from $37.5 billion in 2020 to $97.9 billion by 2023, at a CAGR of 17.1 percent over the forecast period.
19. Increasing adoption of quantum computing to solve complex problems
(Source: Markets and Markets)
The adoption of quantum computing, which involves the use of quantum mechanics to process information, is expected to increase in the coming years as organizations seek to solve complex problems that are difficult to solve with conventional computers. According to a MarketsandMarkets report, the quantum computing market is expected to grow from $472 million in 2021 to $1.7 billion by 2026, at a CAGR of 29.04% during the forecast period.
20. Increasing adoption of green IT for a reduced carbon footprint
(Source: TechTarget)
The adoption of green computing, which involves reducing the environmental impact of cloud computing, is expected to increase in the coming years as organizations become more aware of their carbon footprint. In addition, cloud providers are investing in renewable energy sources and energy-efficient data centers to reduce their carbon footprint.
How companies are transforming their business models with solutions cloud
In recent years, more and more companies have adopted cloud solutions to transform their business models and stay ahead of the competition.
21. More than 60% of companies are migrating to cloud solutions for business transformation
(Source: Forbes)
cloud solutions are a key driver of their business transformation, recognizing the many benefits of cloud computing. This growing adoption of cloud technology indicates a significant shift in the way organizations manage their IT infrastructure, applications and data.
(Source: Gartner)
This model demonstrates a growing awareness of the transformative potential of cloud computing to enable businesses to become more agile, efficient and innovative. One of the key drivers of this growth is the need for digital transformation.
23. 90% of new enterprise applications will be native to cloud by 2022
(Source: IDC)
This rise in native cloud application development is driven by the many benefits offered by cloud platforms, which enable organizations to build, deploy and scale applications more effectively and efficiently.
24. 80% of companies are accelerating adoption of cloud for business transformation
(Source: McKinsey)
This growing trend highlights the critical role of cloud computing in modern business strategies, as organizations increasingly recognize its many benefits in improving operations, scalability and competitiveness.
25. Solutions cloud are key to 85% of digital transformation efforts
(Source: Deloitte)
As companies across a variety of industries strive to adapt and innovate in an increasingly digital world, cloud technologies provide the tools and infrastructure to drive these transformations.
(Source: PwC)
This demonstrates the growing recognition among senior executives of the importance of cloud computing in driving innovation, agility and competitiveness in today's rapidly changing business landscape.
27. cloud computing is driving business model innovation for 65% of companies
(Source: World Economic Forum)
They highlight the transformative power of cloud technologies to shape the future of business. As organizations increasingly adopt solutions cloud, they can open up new opportunities for growth, efficiency, and competitiveness in a variety of industries.
28. 78% of organizations plan to adopt hybrid cloud strategies for business transformation
(Source: IBM)
A hybrid cloud approach combines the benefits of both public and private cloud environments, enabling organizations to optimize resources, improve security and achieve greater agility.
29. 84% of companies invest in technology cloud to drive business model change
(Source: EY)
As organizations continue to recognize the many benefits of cloud solutions, they are increasingly leveraging these technologies to drive innovation, improve scalability and maintain a competitive advantage in their respective businesses.
30. Solutions cloud at the heart of 72% of business model transformations
(Source : Accenture )
As organizations increasingly turn to technology cloud to stay ahead of the curve, they are leveraging the many benefits these solutions offer to drive innovation, increase agility and maintain a competitive edge.
Discover the Latest Security Trends and Statistics in the Cloud
cloud computing has become an essential component of modern business, allowing organizations to store and process large amounts of data more efficiently.
31. 74% of organizations are adopting Zero Trust security models in cloud
(Source: CSO Online)
Zero Trust security models in cloud environments highlight the growing emphasis on robust security measures to protect sensitive data and applications. As more organizations migrate their infrastructure and operations to cloud, ensuring the security of their data assets has become a top priority.
32. 81% increase in adoption of multi-factor authentication for cloud
(Source: Security Boulevard)
They demonstrate an increased awareness among organizations of the need to protect their data and applications at cloud. As a result, the implementation of robust security measures such as MFA has become critical to protect valuable assets and mitigate potential risks as cyber threats evolve.
33. 62% of companies prioritize data encryption in the cloud
(Source: Infosecurity Magazine)
Enterprises are prioritizing data encryption at cloud to protect sensitive information and ensure regulatory compliance. As companies increasingly migrate their data and applications to cloud, ensuring the security and privacy of this information has become a major concern.
34. Security spending in cloud will reach $12.6 billion by 2025, growing at 25% CAGR.
(Source: Markets and Markets)
This significant increase in investment underscores the growing importance of securing infrastructure and data cloud as organizations continue to adopt and rely on cloud based solutions.
35. 57% of IT professionals report an increased focus on managing the security posture in the cloud
(Source : Dark Reading )
As organizations seek to improve the security of their environments cloud. As organizations migrate their infrastructure, applications and data to cloud, maintaining a strong security posture has become a top priority.
36. 69% of organizations use security access brokers at cloud (CASBs) for enhanced protection of cloud
(Source: Gartner)
They reflect the growing importance of robust security measures in today's cloud centric business landscape. As companies increasingly rely on cloud services for their operations, ensuring the privacy and security of their sensitive data and applications has become critical.
37. Security concerns at cloud are driving 48% of companies to adopt Secure Access Service Edge (SASE)
(Source: World Network)
To protect their networks and data in the cloud. The increasing reliance on cloud services and the growing remote workforce have underscored the need for a comprehensive security solution that meets the challenges of modern business environments.
38. More than 50% of security incidents at cloud result from misconfigurations
(Source: IBM Security)
The cloud results from misconfigurations, which underscores the importance of properly configuring and managing cloud environments to minimize risk. As organizations increasingly adopt cloud based solutions, ensuring the security and privacy of their sensitive data and applications becomes a top priority.
39. 90% of organizations plan to increase security spending from cloud in 2023
(Source: ZDNet)
They highlight the growing recognition of the importance of protecting sensitive data and applications in environments cloud. As the adoption of cloud -based solutions continues to grow, organizations are increasingly focused on improving their security measures to mitigate potential risks and protect their digital assets.
(Source: Cybersecurity Insiders)
The need for more skilled professionals with security expertise at cloud has become a major concern for organizations that are increasingly adopting technology cloud. This lack of skills can lead to an increased risk of security breaches, data loss, compliance violations, increased costs, and reduced efficiency.
Explore the latest advances in technology at Cloud Computing
There have been several breakthroughs in recent years in cloud computing technology, leading to new and innovative solutions for businesses of all sizes.
41. Cloud quantum computing: 45% increase in research investment over the past 2 years
(Source: Nature)
Quantum cloud computing represents a significant shift in computing technology, combining the power of quantum mechanics with cloud computing to solve complex problems beyond the capabilities of traditional computers. This emerging technology has attracted a great deal of attention and investment in recent years, with a 45% increase in research investment in the last two years.
42. Adoption of serverless computing is up 32% as companies seek scalability and cost effectiveness.
(Source: InfoWorld)
Serverless computing is a type of cloud computing that allows organizations to run code without managing the underlying infrastructure. This approach to computing is growing in popularity, with a 32 percent increase in adoption as organizations look to take advantage of its scalability and cost effectiveness.
43. The Edge Computing market is expected to reach $43.4 billion by 2027, growing at a CAGR of 34.6 percent
(Source: Allied Market Research)
The edge computing market is expected to grow significantly in the coming years, reaching $43.4 billion by 2027. The growing demand for low-latency, real-time processing of data generated by IoT devices and the need for enterprises to manage and analyze large volumes of the data faster are fueling this trend.
44. AI-based cloud services are on the rise: 58% of companies are implementing AI into their strategies cloud
(Source: VentureBeat)
Artificial intelligence (AI) in services cloud is on the rise, with many users and companies incorporating AI into their strategies cloud. According to a recent survey, 58% of companies have already implemented AI into their strategies cloud, with an additional 28% planning to do so in the near future.
45. Containerization is gaining momentum: 86% of organizations are adopting containers for applications cloud
(Source: DataDog)
The use of containerization technology is gaining momentum, with many organizations adopting containers for their applications cloud. According to a recent survey, 86% of organizations are using containers for applications cloud, and 9% plan to do so soon.
(Source : Flexera)
Multicloud strategies are becoming increasingly popular among businesses, with 93% of organizations adopting multi-cloud approaches to improve their agility and innovation. Multicloud involves the use of multiple services cloud from different vendors, allowing organizations to leverage the unique capabilities of each vendor, reduce vendor dependency, and meet changing business needs.
47. Green Cloud Computing: 76% of companies prefer environmentally friendly cloud solutions
(Source: GreenBiz)
Green cloud computing is becoming increasingly important to businesses, with 76% prioritizing environmentally friendly cloud solutions. This shift towards cloud green computing is driven by a growing understanding of the environmental impact of cloud computing and a desire to reduce the carbon footprint of their operations.
48. Hybrid cloud deployments increase by 47% as organizations seek to optimize workloads and resources
(Source: Nutanix)
The use of hybrid cloud deployments is increasing, with a 47% increase in adoption as organizations seek to optimize their workloads and resources. Hybrid cloud involves the use of both public and private cloud services, allowing organizations to take advantage of the benefits of each environment cloud.
(Source: Grand View Research)
Function as a Service (FaaS), also known as serverless computing, is growing at a compound annual growth rate (CAGR) of 35 percent as enterprises leverage microservices and event-driven architectures. FaaS allows organizations to run code without managing the underlying infrastructure, making it an attractive alternative for businesses looking to boost scalability and agility.
50. Blockchain in cloud computing: adoption increases by 52% for improved security and data integrity
(Source: Cointelegraph)
The use of blockchain in cloud computing is on the rise, with a 52% increase in adoption as organizations seek to improve their security and data integrity. Blockchain technology provides a secure, decentralized ledger for storing data, making it an attractive option for companies looking to protect sensitive information at cloud.
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