Top 20 Cloud Computing Companies in Globe 2025: Statistics View By Spherical Insights & Consulting
RELEASE DATE: Jul 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Cloud Computing Market Size is projected to Grow from USD 628.14 Billion in 2024 to USD 3566.71 Billion by 2035, at a CAGR of 17.1% during the forecast period 2025–2035. Rising digital evolution, improved remote labour, scalable infrastructure needs, cost-effectiveness, and accelerated adoption of AI technologies are driving cloud computing.
Introduction
The global cloud computing market refers to the provision of computing services through the internet, such as storage, servers, databases, and software. Major drivers are rising digitalization, climbing demand for scalable IT infrastructure, and the growth of remote work. Opportunities exist in AI integration, edge computing, and cloud-native applications. Cloud growth is encouraged by governments through policies, investment, and regulation, which improve innovation, cybersecurity, and accessibility.
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Cloud Computing Market Size & Statistics
The Market for Cloud Computing was Estimated to be Worth USD 628.14 Billion in 2024.
The Market is Going to Expand at a CAGR of 17.1% Between 2025 and 2035.
The Global Cloud Computing Market is anticipated to Reach USD 3566.71 Billion by 2035.
North America is expected to generate the largest demand during the forecast period in the cloud computing market.
Asia Pacific is expected to grow the fastest during the forecast period in the cloud computing market.
Regional growth and demand
North America is expected to generate the largest demand during the forecast period in the cloud computing market. It is primarily driven by the U.S., which fosters digital transformation and large-scale adoption of innovative technologies. The nation is a pioneer for AI, IoT, AR/VR, ML, big data analytics, additive manufacturing, and networked industry. There is a fast-paced adoption of 4G and 5G with strong government support from IT and telecom infrastructure. Moreover, the established players, the influx of large tech conglomerates like Amazon, Microsoft, Apple, and Google, also play a major role in the region's ongoing cloud computing market growth and development.
Asia Pacific is expected to grow the fastest during the forecast period in the cloud computing market. Asia Pacific is likely to witness the fastest CAGR in the cloud computing market in the forecast period due to market growth in rapid economic expansion in emerging nations like China and India, and the emergence of regional technology giants like Alibaba is fueling the growth. Furthermore, government policies such as "Make in India" have invited huge investments for the manufacturing and IT industries. All these trends are expected to boost the demand for the Japan cloud computing market services in the region during the following years, underpinning continued market growth.
Top 10 Cloud Computing Trends
- Hybrid And Multi-Cloud Adoption
- Edge Computing
- Disaster Recovery And Backup (DRaaS)
- AI And Machine Learning as a Service
- Quantum Computing via Cloud
- DevSecOps And Cloud Security
- Low-Code / No-Code Platforms
- Cloud-Native Development
- Sustainable And Green Cloud Initiatives
- Serverless Computing And Containerization
1. Hybrid & Multi-Cloud Adoption
Hybrid and multi-cloud deployments provide flexibility, minimize vendor lock-in, increase resilience, and maximize performance by utilizing multiple clouds to address varied business, compliance, and workload-specific needs effectively.
2. Edge Computing
Edge computing extends cloud computing through processing data at the edge, lowering latency, allowing real-time analytics, facilitating IoT expansion, and enhancing performance for applications needing fast, localized decision-making.
3. Disaster Recovery And Backup (DRaaS)
Disaster Recovery as a Service (DRaaS) provides business continuity through automated backup, fast failover, and safe data replication, reducing downtime and data loss in cloud-based IT systems during outages or cyberattacks.
4. AI & Machine Learning as a Service
Artificial Intelligence and Machine Learning as a Service democratize advanced analytics by providing scalable, cloud-based platforms that allow businesses to deploy smart applications, automate tasks, and learn without heavy capital expenditure.
5. Quantum Computing via Cloud
Cloud-based quantum computing offers access to powerful quantum processors, allowing researchers and companies to test, build algorithms, and solve tough problems without having to invest in costly quantum hardware, speeding innovation across industries.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the cloud computing market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 12 Companies Leading the Cloud Computing Market
- Amazon Web Services
- Microsoft Azure
- Oracle Cloud Infrastructure
- Alibaba Cloud
- IBM Cloud
- Google Cloud Platform
- Salesforce Cloud
- DigitalOcean
- Huawei Cloud
- SAP Cloud
- Tencent Cloud
- Rackspace Technology, Inc.
- Others
1. Amazon Web Services
Headquarters – Seattle, Washington, USA
Amazon Web Services (AWS) has its headquarters in Seattle, Washington, USA. As the number-one cloud computing platform worldwide, AWS provides a full-featured set of on-demand cloud services such as computing capacity (EC2), storage capacity (S3), databases (RDS), networking, artificial intelligence, machine learning, IoT, analytics, and security services. AWS supports millions of customers globally, ranging from startups and enterprises to government agencies, to efficiently scale, save on IT costs, and innovate quickly. AWS is famous for its extensive global infrastructure, elasticity, reliability, and ongoing innovation in technologies such as serverless computing, hybrid cloud, and generative AI.
2. Microsoft Azure
Headquarters – Redmond, Washington, USA
Microsoft Azure is based in Redmond, Washington, USA. Being the world's second-largest cloud computing services platform, Azure offers a full range of cloud computing services such as virtual machines, databases, AI, machine learning, IoT, and DevOps tools. It is used in hybrid and multi-cloud deployments, has flawless integration with Microsoft offerings such as Windows Server, Active Directory, and Office 365, and is relied upon by companies and governments across the globe. Azure is engineered to be scalable, secure, and compliant, allowing organizations to create, deploy, and manage applications via Microsoft-managed data centers around the globe.
3. Oracle Cloud Infrastructure
Headquarters – Austin, Texas, USA
Oracle Cloud Infrastructure (OCI) has its headquarters in Austin, Texas, USA. OCI provide a set of cloud services optimized for enterprise-level workloads, such as compute, storage, networking, databases, and higher-level tools such as AI, machine learning, and analytics. Acclaimed for its high-performance architecture and extensive integration with Oracle's software stack, OCI enables hybrid and multi-cloud deployments. It centers on security, automation, and cost savings, making it best suited for mission-critical workloads. OCI supports businesses across industries in their digital transformation with highly scalable, secure, and reliable cloud solutions.
4. Alibaba Cloud
Headquarters – Hangzhou, Zhejiang, China
Alibaba Cloud is based in Hangzhou, Zhejiang, China. It's the cloud computing unit of Alibaba Group and Asia-Pacific's leading cloud provider. Alibaba Cloud provides a wide variety of services such as elastic computing, data storage, relational databases, big data processing, AI, machine learning, and security. It enables global businesses, developers, and governments with scalable cloud infrastructure and e-commerce, finance, and logistics-specific solutions. It is renowned for powering Alibaba's huge online world and is a major contributor to digital transformation in emerging markets as well as highly regulated sectors.
5. IBM Cloud
Headquarters – Armonk, New York, USA
IBM Cloud is based in Armonk, New York, USA. IBM Cloud deals in hybrid cloud and AI-based solutions custom-built for business, integrating public, private, and on-premises environments. It provides infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS), with high emphasis on security, compliance, and industry requirements. IBM Cloud combines technologies such as Red Hat OpenShift for container orchestration and IBM Watson for AI. It caters to industries like finance, healthcare, and government, enabling organizations to speed up innovation while coping with sophisticated workloads in regulated environments.
Are you ready to discover more about the cloud computing market?
The report provides an in-depth analysis of the leading companies operating in the global Cloud Computing market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Amazon Web Services
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Microsoft Azure
- Oracle Cloud Infrastructure
- Alibaba Cloud
- IBM Cloud
- Google Cloud Platform
- Salesforce Cloud
- DigitalOcean
- Huawei Cloud
- SAP Cloud
- Tencent Cloud
- Rackspace Technology, Inc.
- Others
Conclusion
The global cloud computing market is growing fast through digital transformation, remote work enablement, scalable infrastructure requirements, and artificial intelligence advances. North America is a leader with robust technology ecosystems, and Asia Pacific has the highest growth rate as a result of economic development and favorable government initiatives. Hybrid/multi-cloud, edge computing, DRaaS, AI/ML services, and quantum computing are major trends that are transforming the market. Market leaders, AWS, Microsoft Azure, Oracle Cloud, Alibaba Cloud, and IBM Cloud, are still at the forefront of innovation, providing secure, elastic, and smart cloud offerings that enable enterprises across industries to succeed in a digital-first world.
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Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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