Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Digitalization - challenges & benefits of the cloud - statistics & facts
The adoption of cloud computing has witnessed remarkable growth as organizations increasingly recognize its transformative potential in driving digitalization. The global cloud services market, valued at around 675 billion U.S. dollars in 2024, reflects the substantial investments made by businesses to harness the benefits of cloud technologies. Projections suggest a continued upward trajectory, with growth of approximately 22 percent in 2025, placing the market at around 824 billion U.S. dollars, underscoring the sustained momentum in cloud adoption. Wider adoption of generative artificial intelligence (GenAI) that is compute-intensive will drive the demand for Infrastructure in the cloud, with a forecast growth of 29 percent for Infrastructure as a Service (IaaS) for 2025.
