Cloud infrastructure services market spending worldwide 2016-2024

Published by
Lionel Sujay Vailshery
,
Mar 21, 2025

The global cloud infrastructure market service spend exceeded 82 billion U.S. dollars in the third quarter of 2024. 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 3rd quarter 2024 (in billion U.S. dollars)

CharacteristicRevenue in billion U.S. dollars
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Statistic: Cloud infrastructure services spending worldwide from 1st quarter 2016 to 3rd quarter 2024 (in billion U.S. dollars)

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Release date

November 2024

Region

Worldwide

Survey time period

2016 to 2024

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Statistics on " Infrastructure as a Service (IaaS) "

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