Astonishing Statistics of Cloud Computing

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Astonishing Statistics of Cloud Computing

  • The global public cloud computing market is set to exceed $330 billion in 2020.
  • Providing data access from anywhere in the top reason for cloud adoption.
  • Organisations’ average yearly cloud budget was $2.2 million in 2018.
  • About a third of companies’ IT budget goes to cloud services.
  • Privacy, security and lack of staff training are the top roadblocks to cloud adoption.
  • Hybrid cloud adoption is at 58%.
  • 90% of companies are on the cloud (Source: 451)
  • Amazon Web Services (AWS) is the leading cloud vendor with a 32% share (Source: Canalys)
  • Cloud data centres will process 94% of workloads in 2021. (Source: Cisco)
  • The US was the most significant public cloud market with projected spending of $124.6 billion in 2019. (Source: IDC)
  • The global cloud computing market is expected to reach $623.3 billion by 2023.