
Report ID: SQMIG45D2134
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to cloud infrastructure services market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Cloud Infrastructure Services Market size was valued at USD 124.98 Billion in 2023 poised to grow from USD 142.35 Billion in 2024 to USD 403.22 Billion by 2032, growing at a CAGR of 13.9% in the forecast period (2025-2032).
The competitive landscape of the global cloud infrastructure services market outlook is dominated by major players such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud, IBM, and Alibaba Cloud. These firms are spending big in augmenting their cloud capabilities. AWS is concentrating on innovation with AI and machine learning integration, while Microsoft Azure is placing focus on hybrid cloud solutions. Google Cloud is spending on multi-cloud strategies, while Alibaba Cloud is building further presence in Asia. 'Amazon Web Services (AWS) (USA)', 'Microsoft Azure (USA)', 'Google Cloud (USA)', 'IBM Cloud (USA)', 'Alibaba Cloud (China)', 'Oracle Cloud (USA)', 'Salesforce (USA)', 'Rackspace Technology (USA)', 'Tencent Cloud (China)', 'SAP Cloud (Germany)', 'DigitalOcean (USA)', 'OVHcloud (France)', 'Hetzner Online (Germany)', 'NTT Communications (Japan)', 'Huawei Cloud (China)'
With businesses globally adopting digital transformation at a growing pace, the demand for cloud infrastructure services has escalated. Cloud solutions are being adopted by enterprises across all industries, such as healthcare, finance, and retail, to improve operational efficiency, scalability, and flexibility. All this widespread digital transformation fuels the growth of the market, thus making cloud services a vital means of conducting contemporary business operations.
The Rise of Hybrid Cloud Solutions in Global Cloud Infrastructure: Demand for hybrid cloud models is increasing with companies wanting to have flexibility and control of data. Hybrid clouds enable transparent unification of on-premises infrastructure with private and public clouds, which provides better scalability, security, and cost savings and hence becomes highly desirable to corporations.
What role does Digital Transformation Play in the Rapid Growth of the Market in North America?
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Report ID: SQMIG45D2134
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