The global cloud infrastructure market service spend exceeded 78 billion U.S. dollars in the fourth quarter of 2023. The acceleration of digital transformation and continuous trend of using cloud services for application migration, machine learning, cloud native, and other service delivery is driving market spending.
Cloud infrastructure services spending worldwide from 1st quarter 2016 to 4th quarter 2023
(in billion U.S. dollars)
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Canalys. (February 26, 2024). Cloud infrastructure services spending worldwide from 1st quarter 2016 to 4th quarter 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys. "Cloud infrastructure services spending worldwide from 1st quarter 2016 to 4th quarter 2023 (in billion U.S. dollars)." Chart. February 26, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys. (2024). Cloud infrastructure services spending worldwide from 1st quarter 2016 to 4th quarter 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys. "Cloud Infrastructure Services Spending Worldwide from 1st Quarter 2016 to 4th Quarter 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys, Cloud infrastructure services spending worldwide from 1st quarter 2016 to 4th quarter 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/ (last visited December 21, 2024)
Cloud infrastructure services spending worldwide from 1st quarter 2016 to 4th quarter 2023 (in billion U.S. dollars) [Graph], Canalys, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/