Africa is the smallest market region.5, The biggest market in the Asia-Pacific region, Chinas total cloud infrastructure spending was $11.5 billion in 2019, and it grew to $19 billion in 2020 a 66 percent increase.9, As we said, all of your favorite online videos are hosted on the cloud. Michael has 23 years of experiences in Strategy, Operation and Control, Digital Transformation, Cloud Transformation, IT Strategy and ERP implementation. While this unprecedented growth can, in large part, be attributed to the pandemic, this industry was on a healthy upward trajectory long before 2020.26, Global Cloud Storage Market in Billions USD, 2017-2028. As a result, more than 40 zettabytes of data will be flowing through cloud servers and networks. He earned his masters and bachelors degrees from Texas A&M University, and completed executive education programs at Babson College and Arizona State Universitys Thunderbird School of Global Management. Cloud Usage Statistics 13. The virtual computer can be streamed to any device you choose, which promises to bring a revolution in cloud computing, if everything works as planned. Weve put together a list of 26 of the most interesting, relevant and revealing cloud computing statistics that demonstrate how big the cloud is and how its predicted to evolve. But even though many organizations will retain at least some on-premise resources, and even in current economic conditions, cloud providers have much to look forward to as migration to the cloud accelerates. An additional 20% are predicted to be private-cloud-based followed by another 22% running on hybrid cloud platforms by 2020. Patrick lives with his wife and daughter in Denver, where they are active in the community and enjoy the Colorado outdoors. This could be a web service, application server, database server, or any other business process. Flexera One is a Digital Platform Conductorbut whats that? Much like the practical use of "workload" in other realms, it is focused primarily on the work itself, and what is used to achieve the work. But the way that deep learning has become more powerful is by using much larger data sets for training, which means more computation, which in turn results in greater energy use. Please do not hesitate to contact me. It is projected that this market will grow to more than $76 billion in 2021. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). In, Cybersecurity Insiders, und Fortinet. Hybrid clouds combine the advantages of public and private clouds. In 2019, total hyperscale spending on capex (which includes both IT infrastructure and physical infrastructure spend) was over US$120 billion.21 Given the continued growth in revenues, it seems likely that hyperscale capex will continue to grow at double digits, reaching US$150 billion by 2022. The market in the first half of 2019 was about US$40 billion larger than in the first half of 2018, while the market in the first half of 2020 was about US$50 billion larger than in the first half of 2019. The three largest semiconductor companies that disclose segmented data center sales saw their combined revenues grow by only 3% in 2019 to just under US$30 billion. Get full access to all features within our Business Solutions. One thing fueling the drive to the cloud is the explosion in SaaS workloads. Revenues for 2020 are likely to be over US$125 billion, increasing tomore than US$160 billion in 2021.7 And although percentage growth was down three points in the first nine months of 2020 compared to all of 2019, it is worth noting that in absolute dollar terms, the total hyperscale market (not just the five largest) grew more in 2020 than in 2019. However, the truth is far less dramatic than this and mostly comes down to mistakes made by employees. If you are interested in learning more about these terms, we invite you to read our cloud terminologies article, which explains how they function in greater detail. It is reported that 82% of the workload will reside on the cloud ; Amazon web services have the largest cloud computing market share at 32%. May 31, 2021. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). 1The 72 percent saving is based on one M32ts Azure VM for Windows OS in US Gov Virginia region running for 36 months at a Pay as You Go rate of ~$3,660.81 per month; reduced rate for a three year Reserved Instance of ~$663.45 per month. Cloud gaming works similarly to streaming services; rather than installing a video game on your computer, you can stream it to your display instead. Social login not available on Microsoft Edge browser at this time. The key measure for measuring the environmental intensiveness of cloud computing is power usage effectiveness (PUE), in which great strides have been made. As of 2020, roughly 41% of enterprise workloads were in the cloud. [2] 70% Migrating more workloads to the cloud 59% Optimizing cloud use to cut costs 50% Advancing a cloud. "It's fundamental to computing.". Cloud tools have . Many times, discussions will assume that a workload is only one item . Cloud computing platforms include everything from cloud storage to streaming content. These servers host data that you can access via an internet connection. By 2022, the adoption of cloud technologies by other countries will fall behind the US by several years. How many cloud services and apps do you use? Although growth declined to 18% in calendar Q3, this still works out to a 36% increase in the first nine months of 2020. Eighty-two percent of all the smartphones in the world run on Linux. Well be looking at 26 of the most interesting, relevant and game-changing stats all across the industry, from cloud adoption rates and security concerns, to enterprise infrastructure, cloud computing spending and much more. Although these companies are not necessarily providing detailed quarterly numbers, their commentary has been in line with those that do release exact numbers. Gen Zs and millennials are striving for balance and advocating for change. Yet even as enterprises embrace the many benefits of the cloud, managing the cost of cloud computing is an ongoing challenge. By comparison, only 25 percent of all the computing data was stored this way in 2015. Forrester's Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. Since at least three years ago, most organizations with workloads in the cloud have made this a top priority, along with cloud security. Access to this and all other statistics on 80,000 topics from, Show sources information Simply select text and choose how to share it: Email a customized link that shows your highlighted text. The intelligent edge places computing power, specifically AI computing power, not in centralized data centers but closer to the end user, typically less than 50 kilometers. The report explores the thinking of 753 respondents from a survey conducted in late 2021 and highlights the year-over-year (YoY) changes to help identify trends. Moving from CPUs to specialized AI chips improves AI power efficiency, but AI chip technology is not standing still either. With a compound annual growth rate (CAGR) of 17.5 percent, its projected that the market will amount to $832.1 billion by 2025.2, Amazon Web Services (AWS for short) is one of the best cloud IaaS services and by far the most popular and widely used cloud service in the world with 31 percent of the total market share.1. 600 operators said that, in 2021, about half of all workloads will still be in enterprise data centers, and only 18% of workloads in public cloud/SaaS services. Together, we can help you imagine, deliver, and run your business, wherever youcompete, using the latest technologies like cloud and cognitive, from strategy development through implementation. [Online]. However, providers frequently change aspects of their services, so if you see an inaccuracy in a fact-checked article, please email us at feedback[at]cloudwards[dot]net. . Netflix used 451,000 megawatt hours to deliver video in 2019, and Netflix viewers consumed about 112 billion hours during the year. Today, a state-of-the-art 10-nanometer (nm) semiconductor device fabrication node is about 2030 times more power-efficient than a 90-nm node from 15 years ago.42 Over time, we expect data center chips to keep becoming still more efficient. Even though we understand what the cloud does, the way it works and how it is evolving is a far more complex subject. Based on market share, the largest cloud computing company in the world is Amazon Web Services. As just one example, the health care industry, which has been among the fastest to shift to cloud during the pandemic, will likely increase its exposure to new vulnerabilities, especially if the migration is not done properly. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. The five largest hyperscale public cloud providers that disclose segmented revenues saw their combined revenues grow by 31% in 2019 to US$94 billion. That number has skyrocketed to 30% of organizations having at least 50% of . By 2022, projections indicate that this figure will rise to $397.5 billion.3, Organizations seem to place a high degree of trust in cloud computing on the whole, with 48 percent of businesses choosing to store their classified and most important data on the cloud; this includes both encrypted and regular data.10. But what about the network infrastructure underneath? Cloud spend is a good indicator of how much an enterprise is using a public cloud provider. However, she said, 81 percent of customers reported the repatriation of workloads from public clouds to on-premises private cloud, hosted private cloud, or on-premises non-cloud infrastructures, a . The ability to solve complex issues is critical. Please create an employee account to be able to mark statistics as favorites. Simply put, cloud computing is all about using the internet to connect to online services hosted on the cloud. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2007-2023 Cloudwards.net - We are a professional review site that receives compensation from the companies whose products we review. For example, google drive has a 94.4% rate, I just wonder how this number came out. . Although the growth in cloud in the first nine months of 2020 was very high, many forecasts expected it to slow to some extent in subsequent quarters. Moving to the cloud is a critical business initiative for many organizations. One thing is certain: to remain competitive and maximize the available advantages, organizations must make strategic decisions about cloud computing, cloud architecture, usage of public clouds, effective tooling, cloud migration and cost management. As a result, we see pockets of spending deceleration even at these companies.14. On-premises data centers typically have fairly low server utilization rates. With 94 percent [14] of all enterprises using cloud services in some form or another, its safe to say that cloud computing is here to stay and will only get even bigger in the future. Much of this data is stored on cloud file storage solutions, so to help you out with picking the safest ones, weve compiled a list of cloud storage services with the best security and privacy. Flexible consumption models, also known as everything (or anything) as a service or XaaS, have become an increasingly important strategic shift for enterprises across all industries. Additionally, 82% of the workload will reside on the cloud. Compared to the same period in 2020, this was a 35 percent year-on-year growth and a five percent quarter-on-quarter rise. Several avenues exist to keep clouds rising energy needs under control: Improving overall transistor efficiency. Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. The two largest hyperscale providers accounted for 78% of all revenues among the top five hyperscale providers in 2019, and the largest chip company accounted for 82% of total data center semiconductor revenue in the same year.17 At least so far, the effect of COVID-19 has not led to increasing concentration; indeed, the leading hyperscale providers market share declined slightly (bytwo to seven percentage points) during the pandemic-related surge in cloud growth. Machine learning forms the basis of many cloud technologies today, and a lot of organizations and systems use it to automate various processes. As articulated by Healthcare IT News: While cloud computing better optimizes the use of resources in health care, it also creates significant risks. This includes cloud storage providers like Sync.com and pCloud, as well as large platforms like Microsoft Azure. By 2024, in contrast, more than 1.5 billion devices will have dedicated edge AI chips (called neural processing units, or NPUs) in them by 2023.46 These NPUs, mainly used for inference, will likely reduce the demand for energy over time: They tend to be more efficient than the chips in data centers, and they eliminate the need to send large data files up to the cloud, which consumes more energy. Initially, all AI computing took place on general-purpose central processing unit (CPU) chips. This list of cloud computing statistics will give you an idea of just how significant it really is. In 2017, cloud workloads represented 86 percent of all data . This adoption has been trending for a reason, as there are many . In its Q4 2022 results, total revenue fell to $452 million, down 5 percent on a year earlier. Cloud-first policies and cloud migration are top of mind for senior IT leaders, particularly in enterprise environments. (Source . Without sufficient capacity . In 2020, the global cloud gaming market was worth $470 million. But the company managed to double its public cloud revenue to $202 million for calendar 2021, although the majority of its business remained on-prem. The proliferation of cloud software, coupled with the disruption of 2020, has made the message loud and clear for organizations: digitize or die. The cloud is a vital online technology that is used all over the world. Global Technology, Media & Telecom Industry Leader, Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. According to a deep-packet inspection report on network traffic during the period from February 1 to April 19, 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%.10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, rose by almost exactly 100%. In 2021, this is expected to increase by 23.1 percent to a staggering $332.3 billion. Moving to special AI chips. Sixty-eight percent of the CIOs ranked migrating to the public cloud and/or expanding private cloud as the top IT spending driver in 2020, up 20 points from a similar survey only six months earlier. But Zoho's example, along with others who have chosen to . So in data centers, normally IT infrastructure is used on average at 40%. Michael also leads the GTM and cross-offering efforts within Consulting in North Region as Regional Consulting Leader. The clouds importance cannot be overstated, and cloud technologies of all types and models will only become bigger and more essential in the years to come. Workloads can also depend on other shared assets or larger platforms. Google Cloud Platform, Oracle Cloud Infrastructure and IBM Cloud round out the top five. Despite widespread tech spending weakness in calendar Q1 2020, revenues grew by 31% over the same period in the previous year. Patrick is the cloud leader for Deloitte Consulting LLPs Technology, Media, & Telecom industry practice, as well as the Technology sector. As multiple enterprises shifted rapidly to cloud during the pandemic, some saw costs balloon. Your email address will not be published. Highlights include: Each article that we fact check is analyzed for inaccuracies so that the published content is as accurate as possible. Those observations track with the results of the Fortinet survey. Michael also lead the Strategic Alliance with digital giants including AWS, Alibaba, Huawei, etc. In recent years, this percentage has continued to increase. Innovation, transformation, and leadership occur in many ways. The appropriately named Citadel is the largest data center ever constructed, and is located in Tahoe Reno, Nevada. Thirty-seven percent of enterprises said their annual spend exceeded $12 million and 80 percent reported that cloud spend exceeds $1.2 million per year. These 26 cloud computing statistics are great indicators where the cloud service market is headed. Thats three times the size of the second largest market, Western Europe, which has 21 percent of the market total. Methodology. A subsidiary of Amazon, AWS currently holds 31 percent of the market, followed by Microsoft Azure at 20 percent and Google Cloud at seven percent. Online Storage or Online Backup: What's The Difference? "The most common workload preventing IT departments from lifting all services to the cloud was 'Print & Imaging Services' (55 percent)," the company said in a March 10 news release. . As of 2020, roughly 41% of enterprise workloads were in the cloud. Already, cloud has become much more than an alternative computing approach; in the near future, it is poised to become standard operating procedure for all types of businesses. In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud initiatives.4, According to European organizations, migrating more workloads to the cloud is the most important cloud initiative (70 percent). On-premise versus cloud workload. According to the Cloud Infrastructure Report, featuring responses from more than 150 IT decision-makers at organizations where at least 300 employees were using cloud infrastructure, 85 percent of organizations expect to shift the majority of their workloads cloudwards by the end of the year, while just shy of a quarter (24 percent) plan to be "cloud-only". In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. Since the COVID-19 crisis, the cloud computing market has been on a rapid upward trajectory when it comes to cloud adoption, infrastructure, spending and development. Please enable JavaScript to view the site. Hybrid cloud can take many forms, such as a combination of private with public cloud or public cloud with on-premise resources,2 but all offer the benefits of multiple deployment models. For complete survey results, download the Flexera 2022 State of the Cloud Report. But as a post-pandemic world begins to take shape, new trends in cloud usage are beginning to take shape. A new study from the Cloud Security Alliance (CSA) and cloud security company AlgoSec finds that over half of organizations are running 41 percent or more of their workloads in public clouds . According to a March 2020 report, more than 90% of global enterprises will rely on hybrid cloud by 2022.3 Another survey from the same month found that 97% of IT managers planned to distribute workloads across two or more clouds in order to maximize resilience, meet regulatory and compliance requirements, and leverage best-of-breed services from different providers.4. Furthermore, 56 percent of all public cloud-based workloads are considered IT production workloads, while the remaining 44 percent are classified as non-production workloads (i.e., test . Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look COVID-19 showed us that everything can change but certain patterns concerning cloud technologies and cloud infrastructure have emerged and they warrant analysis. The percentage of cloud-based application software expenditures will rise from 57.7% in 2022 to 65.9% in 2025. Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. A simple process could often turn into a fog of conflicting goals, broken dependencies, and cost overruns. Would appreciate it if you can explain it , thanks! A multi-cloud approach is still the de facto standard among organizations. In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. Beena Ammanath, Susanne Hupfer, and David Jarvis. According to cybersecurity experts, the most pressing cloud security challenges are misconfiguration of the cloud infrastructure (68 percent); unauthorized access (58 percent); insecure API (52 percent); accounts, services or traffic hijacking (50 percent) and external data sharing (43 percent).8. Sixty-two percent of respondents use more than one cloud provider, and the diversity of production workloads (e.g. Private cloud-only usage also rose during the past year, albeit slightly, from about 23% in 2020 to 25% in 2021. 57% of businesses will migrate their workloads to the cloud in 2022. Even though growth among the largest hyperscale public cloud providers had declined to only 31% annually by the end of 2019, and this rate had been projected to (slowly) decline further in 2020 and 2021 as the industry matures, growth in cloud continued to outpace that in many other sectors. However, many other companies sell chips, storage, and connectivity solutions into the cloud space. Cloud is expected to grow from $257.5 billion in 2020 to $304.9 billion in total worldwide revenue in 2021, representing an 18% growth. AWS holds the next largest percentage at 32%. So, getting back to that prediction: The reason Oracle believes that 80% of enterprise (and mission-critical) workloads will come to the cloud by 2025, is that second-generation, enterprise-grade . Optimizing usage is a cost-control measure and migrating workloads can save money while driving agility. In that regard, cloud computing can help, not hinder, progress toward a more sustainable future. With a CAGR of 26.2 percent for the 2021 to 2028 period, it will balloon to more than $390 billion by 2028. Select highlights of the report are included below. This has proven to be invaluable over the past two years to meet evolving needs presented by the COVID-19 pandemics impact on business. We are independently owned and the opinions expressed here are our own. These are often used by government agencies and large organizations. This is because companies can't afford to run out of server capacity. In the context of a cloud adoption, a workload is a collection of IT assets (servers, VMs, applications, data, or appliances) that collectively support a defined process. Postpandemic, all of these factors will likely be even more challenging. Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern.8 Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. These services include everything from simple cloud storage to cloud infrastructure platforms, like AWS. IT Visibility, IT Asset Management, Cloud Management. Just . By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. Microsoft has already started rolling out its Windows 365 service, which offers virtual personal computers running Windows 10 or 11. Depending on where you live, you may not be able to stream all the TV shows and movies you like. Over time, transistors keep getting smaller. As soon as this statistic is updated, you will immediately be notified via e-mail. We test each product thoroughly and give high marks to only the very best. Fifty-two percent spend $1.2 million or more annually on AWS. Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. The first is obvious: if overall use of the cloud doubles, then, all other things being equal, energy use doubles as well. Data and IT security (74%), regulatory reporting (57%), and fraud detection and prevention (57%) rank among the highest workload adoption. A recent survey from LogicMonitor found that 83% of enterprise workloads are now in the cloud. 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%. This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. "Share of Workloads in The Cloud among Organizations Worldwide as of April 2021. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Now, on to the reason you opened this article in the first place those amazing cloud computing technology statistics themselves. As a Premium user you get access to the detailed source references and background information about this statistic. Prepandemic, cloud migration was already often complex. If you are an admin, please authenticate by logging in again. To get access to all of your favorite shows, you will need to use a VPN. 3. Clearly, hybrid cloud is the new normal. You need a Statista Account for unlimited access. As stated by the industry publication SiliconANGLE: Because the big cloud players are so large, they are exposed to industries that have been hard-hit by the pandemic.

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