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This shows a slight acceleration in growth. Get insight into the right steps to take for migrating workloads to the cloud and reducing costs as a result. Followed by infrastructure services, the IaaS market is set to hit 50 billion this year. Cloud Robotics Market Report 2020, Size, Share, SWOT Analysis and Forecast Report, Forecast 2020 – 2027, Upcoming Trend Analysis and Players Strategy and Key Players – V3 Smart Technologies (Singapore), Rapyuta Robotics (Japan), Ortelio (UK),and Tend (US) As the second decade of the 2000s came to a close, the Market Study Report LLC released the Global Cloud Computing Market Report. This is the first jump in growth since 2017. SHARE THIS ARTICLE. Cost reduction is one of the main reasons for moving to the cloud. According to Canalys, Amazon's market share stood at 32.4% at the end of 2019, down from 33.24% in 2018. IBM showed surprise growth with double digits; however, IBM is growing at the lowest rate. However, as exciting as the market size numbers are, the numbers that are truly astonishing come when we look at revenue. By creating an account, you agree to theTerms of Service and acknowledge our Privacy Policy. To get a sense of the cloud market share breakdown, let’s take a look at what each cloud provider’s reports shared. One of the most astonishing statistics demonstrates how quickly the industry is growing. Segmented in the market by service and type, it is important to note that cloud services are delivered as either public, private, or hybrid cloud – or recently multi-cloud. Global Cloud Computing Security Software Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2020 to 2025 By Market Study Report Published: Just now … AWS has expanded well beyond cloud compute and storage. The United States has the largest public cloud computing market, valued at $120.6 billion in 2020. Back in the early 2000s, most people did not realize cloud services existed. The Public Cloud Market in 2020 Business Insider takes all of this a step further. Additionally, the study report of the segments of the market of Cloud Services that have been completely based on the types of end-users, key players, and the geography. Cloud Computing market forecast For the period of 2020-2026, this study provides the Cloud Computing sales, revenue and market share for each player covered in this report. This shows significant growth in the market. As more organizations are run on the cloud, over the years, this will inflate revenue. See an error or have a suggestion? Meanwhile in Markets. In the latest market of Cloud Services, the analysis report of the global market of Cloud Services, the market has been segmented on the basis of the vital factors that significantly include the application, region, end-user’s types, and the product types. Google Cloud: USD$2.6B, up 53%. Segmentation Analysis of Cloud Services Market. As we take a look at the nations that will demand the most cloud usage, we see North America, Europe, China, and Japan at the top. Learn more about BMC ›. AWS has 32% of the market and generated more revenue than the next three largest combined, Azure is at 19% of the market, Google Cloud at 7%, Alibaba Cloud close behind at 6%, and other clouds with 37%. Globally many people believe that Cloud Computing is the future of technology. In this post we will take a dive deep into the cloud industry, leader revenues, market share trends, and what is to come. Amazon remains the market share leader in public cloud with roughly 39% share, but Microsoft is a distant second with 19% share. IBM, adopting this mindset, has rolled out plans to come back as a bigger player. As AWS has long been the market share leader, the world was shocked in early 2020 when quarterly revenue and growth reports revealed Google’s Cloud numbers for the first time. This is the company’s slowest growth rate in five years. Research report provided by Reports Monitor SME Cloud market, is a Skillful and Deep Analysis of the Present Situation and Challenges.Experts have studied the historical data and compared it with the current market situation. On the other hand, the report also helps in the including of the factors that have primarily been positively affecting the global market of the product of Cloud Services. Desktop as a service (DaaS) is expected to have the most significant growth in 2020, increasing 95.4% to $1.2 billion. Amazon AWS: USD$9.9B, up 34%. Don't have a Benzinga account? Amazon Web Services (AWS) was the leading cloud service provider in Q2 2020, accounting for 31% share of total spend. It seems clear that in the case of AWS vs Azure vs Google Cloud market share, AWS still has the lead. AWS came in just shy of a $40 billion run rate based on its nearly $10 billion quarter. Marketed as Software as a Service, the industry was young and small but growing. ©Copyright 2005-2020 BMC Software, Inc. These postings are my own and do not necessarily represent BMC's position, strategies, or opinion. Taking a close look at last year’s numbers for each cloud segment type, when it comes to public services, it is clear that SaaS has long been the leader. An industry that is forecasted by Gartner to continue to soar – at the end of 2018 global cloud revenue accounted for USD$196.7 billion, at the end of 2019, it accounted for USD$227.8 billion, is expected to reach USD$266.4 billion in 2020, and USD$354.6 billion in 2022. Running most workloads on a hosted cloud Infrastructure as a service (IaaS), Platform as a Service (PaaS), or Software as a Service (SaaS), it only took two decades for the cloud industry to change the way business happens from day to day. If you have any questions feel free to call us at 1-877-440-ZING or email us at [email protected], “Global Cloud Services Market 2020 Analysis”, Wiseguyreports.Com Publish New Market Research Report On-"Covid-19 Impact on Cloud Services Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026". As AWS has long been the market share leader, the world was shocked in early 2020 when quarterly revenue and growth reports revealed Google’s Cloud numbers for the first time. Looking at the recent market share numbers and revenue trend reports, it is easy to agree. From core to cloud to edge, BMC delivers the software and services that enable nearly 10,000 global customers, including 84% of the Forbes Global 100, to thrive in their ongoing evolution to an Autonomous Digital Enterprise. Cloud Computing Market Share,Value,Analysis,Growth and Forecast 2020-2025 irfan 2 seconds ago The Cloud Computing Market report is a valuable … All topping the world’s richest country lists, this aligns with the reported growth of the cloud industry. Wiseguyreports.Com Publish New Market Research Report On-"Covid-19 Impact on Cloud Services Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026" Experts agree that, “Based on its fourth quarter revenues of $2.6 billion, Google Cloud’s run rate – the amount the company would post for a full year at its current pace — surpassed $10 billion. The analysis of the world market of Cloud Services market report is one of the highly professional and deep studies on the latest conditions of the market all across the globe. The major key players of the global Cloud Services market will handle prominent roles. The top players covered in Cloud Services Market are: Amazon Akamai Cisco Systems Google IBM HP Dell Microsoft VMware Yahoo, Get Free Sample Report @ https://www.wiseguyreports.com/sample-request/5049534-global-cloud-services-market-size-status-and-forecast-2020-2026, Cloud Services Market Constraints and Drivers. ... Big tech's cloud market share (Q2 2020) Insights on the Cloud Migration Services Market 2020-2024: COVID-19 Industry Analysis, Market Trends, Market … It also tends to be one of the perfect reports that helps in the predicting of the exact growth of the market from the year 2020 to 2026. The experts have also been carefully analysing all the significant factors that have been continuously supporting the growth of the market. LONDON--(BUSINESS WIRE)--The cloud gaming market is expected to grow by USD 2.75 billion, progressing at a CAGR of over 29% during 2020-2024. This statistic shows the market share of the leading cloud infrastructure service providers from 2017 to 2020. With USD$85.7 billion of global revenue in 2018, USD$99.5 billion of global revenue in 2019, and a projected USD$116 billion in 2020, the scalability of such software remains invaluable. The information that has been collected has primarily been helping the experts in the prediction of the market and its accurate growth during the period of forecast from the period of 2020 to 2026. During the study of the world market of Cloud Services, the researchers have also been finding all the major market players that are primarily contributing to the growth of the market. As a result of which, the money generated will be high by the end of 20xx. Recently debuting plans and ideas for working with the US government, AWS, Google, and Azure can all expect multi-billions over the next few years. However, as competition grows, the key to success for our big leaders is to stay focused. Cloud Security Market Outlook: 2020. It has been updated for 2020. Recording historic numbers, going from millions to billions across the board, these peaks intrigued experts around the world and left everyone wondering what is the next cloud growth milestone. Up 17% since last year and seeing a 37% overall growth year-over-year, at the start of 2020, the top leaders within the cloud industry announced their best quarter. A comparison of these numbers shows that Google still lags in revenue next to its competitors; however, it must be noted that Google grew much more than AWS in 2019 and is quickly gaining standing against Azure’s 62% growth pattern. It grew its business by US$2.6 billion in Q3 compared with the same period last year, continuing its rapid expansion. Get pre-market outlook, mid-day update and after-market roundup emails in your inbox. Getting Started with Cloud Native Applications, Accelerate Cloud Migration Success with Portfolio Discovery. Microsoft's also growing its cloud sales significantly faster than Amazon. Yesterday’s revenue report puts Alibaba on a $6 billion U.S. run rate, good for fourth place in the cloud infrastructure market share race, but well behind the market leaders. Microsoft Azure: Undisclosed dollar amount, up 62%. As of July 2020, Canalys reports AWS with 31% of the market, Azure at 20%, Google Cloud at 6%, Alibaba Cloud close behind at 5%, and other clouds with 37%. There are many public cloud service providers; however, like all industries, there are a handful of companies that lead. As we reach a time when people wish to do business with millions of other people around the globe, the need for more cloud storage is only going to expand. Please let us know by emailing [email protected]. The use of such research methods has resulted in the collection of some of the important information for the offering of one of the better understanding of the global Cloud Services market. It covers the regional markets of Latin America, Asia Pacific, North America, the Middle East & Africa, and Europe. Amazon Web Services (AWS) was the leading cloud service provider in Q3 2020, increasing its share of total spend from last quarter to 32%. SME Cloud Market 2020. AUD/USD Forecast: Maintains Its Neutral Stance A Handful... Privacy Policy / Do Not Sell My Personal Data. The recent statistical data has been included in the report that helps in the key technologies and the applications that have been driving the growth of the market of Cloud Services. In 2020, the cloud computing market will sees interesting new alliances and face new security concerns. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS… Use of this site signifies your acceptance of BMC’s, Infrastructure as a service (IaaS), Platform as a Service (PaaS), or Software as a Service (SaaS), AWS Serverless Applications: The Beginner’s Guide. Just a fraction of SaaS projection, we can safely say for sure that, in the next decade those who provide Software as a Service will continue to lead the market. In this report, the market research technique has been divided into several categories, the major of them being the primary research, and the other being the secondary research analysis. Some of the major factors are also being analysed that includes its pricing, value, trends, recent development, and many more. These essential players spread across different regions of the globe will make sure that the demands always increase at a higher pace. However, since Amazon and IBM reveal margins as Google and Azure do not, determining what is actually going on behind the scenes and who is the most profitable is impossible at this time. Microsoft Azure reached 20% market share for … However, their overall share of the market is slowly shrinking, while Azure grows. Rangan says Salesforce should gain market share in 2020 and be better positioned to benefit from a rebound in discretionary spending once the economy bounces back. As of October 2020, Canalys reports that the worldwide cloud market grew 33% this quarter to $36.5 billion. The report offers a … They will promote the products in different parts of the world to ensure a productive boost in the sales and revenue generation. According to estimates from Synergy Research Group, Amazon’s market share in the worldwide cloud infrastructure market amounted to 33 percent in the second quarter of 2020… They polled a panel of technology and financial experts for insights into Microsoft’s future with the consensus that Microsoft was positioned to teak substantially more business from Amazon AWS in 2020. The report of the worldwide Cloud Services market analyzes the market size and future growth. Europe is a close second in terms of cloud services market share, as the region is adopting the cloud services in various sectors such as healthcare, banking financial services & insurance, and education sector. To understand the revenue and market share stats of the cloud industry, you must first understand how it’s run. This is the company’s slowest growth rate in five years. With influencing trends in mind, recent calculated market shares have remained steady–AWS 32%, Azure 17%, Google 6%, and IBM 1.8%. Microsoft’s Commercial Cloud reported $12.5 billion in revenue in the most recent quarter, good for a $50 billion run rate.” When all is said and done, these statistics show that Google is indeed catching up. IBM Cloud: USD$6.9B, up 21%. For Customisation and Query @ https://www.wiseguyreports.com/enquiry/5049534-global-cloud-services-market-size-status-and-forecast-2020-2026, Table of Contents –Analysis of Key Points, 3 Global Cloud Services Market Competition, by Players, 4 Global Cloud Services Market Size by Regions, 5 North America Cloud Services Revenue by Countries, 6 Europe Cloud Services Revenue by Countries, 7 Asia-Pacific Cloud Services Revenue by Countries, 8 South America Cloud Services Revenue by Countries, 9 Middle East and Africa Revenue Cloud Services by Countries, 10 Global Cloud Services Market Segment by Type, 11 Global Cloud Services Market Segment by Application, 12 Global Cloud Services Market Size Forecast (2020-2026), Media ContactCompany Name: Wiseguyreports.comContact Person: Norah TrentEmail: Send EmailPhone: +1 646 845 9349, +44 208 133 9349City: PuneState: MaharashtraCountry: IndiaWebsite: https://www.wiseguyreports.com/, Press Release Distributed by ABNewswire.com, To view the original version on ABNewswire visit: Cloud Services Market 2020 Global Share, Trends, Applications, Growth Opportunities and Forecast to 2026, Thank you for subscribing! Jump forward to 2019 and 90% of companies are on the cloud. The worldwide public cloud services market is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019, according to Gartner, Inc. AWS vs. Azure vs. Google Cloud Earnings. The signified the careful study of the experts has carefully been studying all the segments to come up with the exact forecast of the market growth. AWS was the first cloud computing and offering infrastructure as a service in 2008 and has never looked back as it launches new services at a breakneck pace and is creating its own compute stack that aims to be more efficient and pass those savings along. A daily collection of all things fintech, interesting developments and market updates. https://www.wiseguyreports.com/sample-request/5049534-global-cloud-services-market-size-status-and-forecast-2020-2026, https://www.wiseguyreports.com/enquiry/5049534-global-cloud-services-market-size-status-and-forecast-2020-2026, Cloud Services Market 2020 Global Share, Trends, Applications, Growth Opportunities and Forecast to 2026, Ripple, Chainlink & Zilliqa - American Wrap: 12/1/2020. Exceeding almost every area of the technology market, revenue reports reveal that cloud computing is here to stay and will without a doubt take over the world. Market segment by Type, the product can be split into, Public Cloud Private Cloud Hybrid Cloud Community Cloud, Market segment by Application, split into, Government Private organizations Academics and education Banking, Financial services and Insurance Health Care Supply chain management. The next highest country is China, at $10.5 billion, illustrating the degree to which US businesses have embraced virtual computing. Cloud security encompasses a set of policies and controls, which cater to the security aspects of the cloud by protecting applications, data, and infrastructure. How They Stand Up At The Start Of The New Decade Amazon AWS: USD$9.9B, up 34%. The Global Personal Cloud Market size is expected to grow at an annual average of 23.5% during 2019-2025. Stephen contributes to a variety of publications including CIO.com, Search Engine Journal, ITSM.Tools, IT Chronicles, DZone, and CompTIA. Read Forrester's 2020 cloud predictions to find out more. In this report, they stated that “In 2019, the global cloud market size was $62,730 million US dollars and it is expected to reach $383,789 US dollars by the end of 2026, with a CAGR of 29.2% during 2021-2026.” Still relatively small in the grand market scheme, the steady size growth percentages over the last decade combined with the projected size growth percentages over the next decade, turns these numbers into something very exciting. Create one, Global Cloud Services Scope and Market Size. According to the latest research report by IMARC group, titled “Hybrid Cloud Market: Global Size, Share, Growth, Demand, Industry Trends and Forecast 2020-2025”, the global hybrid cloud market grew at a CAGR of around 20% during 2014-2019.A hybrid cloud is a cloud-computing environment that includes on-premises, private, public, and third-party cloud services. Considering these numbers, we can get a good idea of the year ahead for these cloud industry leaders. Stephen Watts (Birmingham, AL) has worked at the intersection of IT and marketing for BMC Software since 2012. Everything you need to know about the market - quick & easy. Cloud Infrastructure Market Share: Q3 2020 In Q3 2020, the top four cloud infrastructure service providers were AWS (32%), Microsoft Azure (19%), Google Cloud (7%) and Alibaba Cloud (6%), Canalys research finds (see chart below). Taking a look at the leaders we see, Amazon Web Services, IBM Cloud, Google Cloud, and Microsoft Azure. The global cloud security market is projected to account for $20.9 billion by 2027, according to a report by Million Insights and is expected to grow with 14.6% CAGR from 2020 to 2027. The global cloud security market size is expected to garner $8.9 billion by 2020, registering a CAGR of 23.5% during the forecast period 2015 - 2020. Serverless vs PaaS: Is Serverless the New PaaS? 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