Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030
Saturday, August 9, 2025
"The report offers a comprehensive analysis of global cloud computing trends, highlighting regional dynamics across the Americas, Europe, Asia-Pacific, the Middle East, and Africa. It explores the impact of emerging technologies and macroeconomic factors shaping the industry's future."
BOSTON, Aug. 1, 2025 /PRNewswire/ -- According to the latest study from BCC Research, "Cloud Computing Technologies: A Global Outlook" is expected to grow from $738.2 billion in 2025 to $1.6 trillion by the end of 2030, at a compound annual growth rate (CAGR) of 17.2% during the forecast period of 2025 to 2030.
This report presents a detailed analysis of the global cloud computing market, offering insights into key segments such as service models, deployment models, enterprise sizes, and end users. It includes qualitative and quantitative data, along with a thorough regional breakdown covering the Americas, Europe, Asia-Pacific, and the Middle East and Africa (MEA). The study highlights the emerging technologies, market developments, and macroeconomic factors influencing growth. Additionally, it identifies leading companies in the industry, outlining their market share and technological advances.
This report is particularly relevant today because cloud computing is driving the adoption of transformative technologies like AI, IoT, blockchain, and quantum computing. By removing the need for significant investments in IT infrastructure, it allows businesses to experiment flexibly and explore new innovations. Cloud-based services also make AI and machine learning (ML) more accessible to organizations of all sizes, enabling them to extract insights from vast amounts of data. This timely analysis helps stakeholders understand the evolving landscape and take advantage of emerging opportunities.
The factors driving the market's growth include:
Increase in the Number of Data Centers: The global rise in data centers is fueling cloud computing by enhancing service availability, scalability, and performance. With more facilities distributed worldwide, users benefit from reduced latency and improved access to cloud resources, while businesses gain resilience and redundancy.
Advances in Cloud Networking: Innovations in cloud networking, such as 5G, SD-WAN, and edge computing, are enabling faster and more reliable data transmission. These technologies support real-time applications and expand cloud access to remote areas, making cloud services more efficient and inclusive.
Potential of Cloud Computing with AI: Cloud platforms integrated with AI are transforming industries by offering scalable access to powerful tools like ML and analytics. This combination allows organizations to automate processes, gain insights, and innovate without large investments in local IT infrastructure.
Growth in Multi-Cloud Environments: The shift toward multi-cloud strategies allows businesses to leverage services from multiple providers, enhancing flexibility and avoiding vendor lock-in. This approach improves performance, cost-efficiency, and resilience, while driving demand for better cloud management and security solutions.
Request a sample copy of the global cloud computing market report.
Report Synopsis
Report Metric
Details
Base year considered 2024
Forecast period considered
2025-2030
Base year market size
$623.2 billion
Market size forecast
$1.6 trillion
Growth rate
CAGR of 17.2% for the forecast period of 2025-2030
Segments covered
Service Model, Deployment Model, Enterprise Size, End User, and Region
Regions covered
Americas, Europe, Asia-Pacific, and Middle East and Africa
Countries covered U.S., Canada, Mexico, South America, U.K., Germany, France, Italy, Japan, China,
India, and South Korea
Market drivers
-- Increase in the number of data centers.
-- Advances in cloud networking.
-- Potential of cloud computing with AI.
-- Growth in multi-cloud environments.
Interesting facts:
-- Cloud providers are teaming up with AI startups to launch new AI-powered
services. These partnerships include companies that build AI apps,
software, and hardware. For example, Microsoft Azure and OpenAI are
working together to create advanced AI services. Now, cloud customers
can use tools like image recognition, natural language processing, and
ML.
-- The global cloud computing market is divided into three service types:
SaaS (Software as a Service), IaaS (Infrastructure as a Service), and
PaaS (Platform as a Service). In 2024, SaaS accounted for 53.7% of the
market, due to more people working from home and better digital
connectivity. The use of AI and ML in SaaS is also helping the market
grow.
-- The Asia-Pacific region is expected to grow the fastest, with a 21.1%
annual growth rate. While China currently owns the largest share of the
Asia-Pacific in market India, Japan, and South Korea are also growing
their AI and cloud technology sectors. Major cloud companies like Amazon
Web Services (AWS), Microsoft, and Google are making sizable investments
in this region to build up AI and cloud infrastructure.
Emerging startups:
-- Cyera: Founded in 2021 and headquartered in the New York, N.Y., the
company offers a data security platform that works across environments
including SaaS, cloud, and on-premises.
-- DevRev: The company offers AI-native platform to unify customer support
and product development. It is developing Product CRM which brings
together Product 360, product planning, software work management, and
developer productivity tools.
-- Spotnana Technology, Inc.: The company serves the travel industry by
providing a travel-as-a-service platform that simplifies travel and
makes it more affordable for corporations. It is targeting travel
management companies to expand their ecosystem.
The report addresses the following questions:
1. What is the projected size and growth rate of the market?- The market is
projected to reach $1.6 trillion by the end 2030, growing at a CAGR of
17.2%.
2. Which factors are driving the growth of the market?- The key factors
driving the market are the:- Increase in the number of data centers.-
Potential of cloud computing with AI and growth of multi-cloud.
3. Which market segments are covered in the report?- Service Model.-
Deployment Model.- Enterprise Size.- End User.- Region.
4. Which service model segment will be dominant through 2030?- SaaS is
expected to be the dominant service model through the end of the forecast
period.
5. Which region has the largest market share?- The Americas region holds the
largest share of the market.
Market leaders include:
-- ALPHABET INC. (GOOGLE)
-- AMAZON WEB SERVICES INC.
-- CISCO SYSTEMS INC.
-- CLOUDFLARE INC.
-- HUAWEI TECHNOLOGIES CO. LTD.
-- IBM
-- INFOR INC.
-- MICROSOFT
-- ORACLE
-- OVH SAS
-- RACKSPACE TECHNOLOGY
-- SALESFORCE INC.
-- SAP
-- VMWARE (BROADCOM)
-- ZOHO CORP. PVT. LTD.
Related reports:
Cybersecurity: Technologies and Global Markets: This report analyzes the global cybersecurity market, detailing revenue distribution across key segments and geographic regions. It examines prevailing trends, industry challenges, and technological advances, with attention to ESG initiatives, IP developments, and startup investment activity. Additionally, the report evaluates the competitive environment, offering insights into the leading enterprises and innovative startups contributing to the sector's growth.
Purchase a copy of the report direct from BCC Research.
For further information on any of these reports or to make a purchase, contact info@bccresearch.com.
About BCC Research
BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts' goal is to help you make informed business decisions free of noise and hype.
Contact Us
Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USA
Email: info@bccresearch.com
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.
Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.
Logo - https://mma.prnewswire.com/media/2183242/BCC_Research_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/cloud-computing-on-the-rise-market-projected-to-reach-1-6-trillion-by-2030--302519710.html
SOURCE BCC Research LLC
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
Fresco Raises EUR15m Series C to Power the Future of AI-Driven Cooking and the Connected Kitchen Ecosystem | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
Ekinops New C700HC Chassis Efficiently Connects the Data Center and the Central Office | Jan 22, 2026
|
|
|
