This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. Additionally, investment isnt needed just for capex. By 2025, IT executives expect that 30% of business workloads will reside in the private cloud, while 28% will be in the public cloud. [2] 70% Migrating more workloads to the cloud 59% Optimizing cloud use to cut costs 50% Advancing a cloud. Cybersecurity Insiders, & Fortinet. However, providers frequently change aspects of their services, so if you see an inaccuracy in a fact-checked article, please email us at feedback[at]cloudwards[dot]net. Innovation, transformation, and leadership occur in many ways. . This will create new roles . Michael also lead the Strategic Alliance with digital giants including AWS, Alibaba, Huawei, etc. A simple process could often turn into a fog of conflicting goals, broken dependencies, and cost overruns. MEGA (5.09 percent), Box (4.17 percent) and pCloud (1.39 percent), which have all made our list of best cloud storage services, are also widely used.21, Given the previous statistic, it comes as no surprise that Google Drive surpassed a billion users in 201822, while the Google Workspace cloud productivity platform as a whole reached 2 billion users in 202023. Cybersecurity Insiders, Fortinet. 10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, . If you are an admin, please authenticate by logging in again. For example, google drive has a 94.4% rate, I just wonder how this number came out. The market in the first half of 2019 was about US$40 billion larger than in the first half of 2018, while the market in the first half of 2020 was about US$50 billion larger than in the first half of 2019. Its largest currently built facility covers 1.3 million square feet, while the full campus will house eight separate data center structures and will stretch over 7.2 million square feet of server space upon completion.25, With an overwhelming 94.44 percent, Google Drive is by far the most used cloud storage service in the world. As companies move more applications to the cloud, the cloud market is booming. 2. For their part, cloud users should consider the following factors as they continue to migrate to cloud: The cloud migration strategy. With 34 percent, men are twice as likely to fall for phishing scams compared to women (17 percent).11. (Flexera, 2020) Source: ITCandor. Cloud tools have . Get the latest insights in cloud computing trends and cloud migration statistics. But the company managed to double its public cloud revenue to $202 million for calendar 2021, although the majority of its business remained on-prem. The clouds importance cannot be overstated, and cloud technologies of all types and models will only become bigger and more essential in the years to come. Although the growth in cloud in the first nine months of 2020 was very high, many forecasts expected it to slow to some extent in subsequent quarters. More than 50 percent of the executives surveyed rely heavily on financial metrics principally, cost and ROI to determine the path to success for their cloud initiatives. In 88 percent of cases, human error is to blame for cloud breaches, not cloud providers. container platforms, virtual machines) is also expected to . You can tell that an article is fact checked with the Facts checked by symbol, and you can also see whichCloudwards.netteam member personally verified the facts within the article. In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. So with the same energy, we are managing . Moving to special AI chips. In 2020, the global cloud computing market was valued at $371.4 billion, and it is estimated that by 2025 it will rise to a staggering $832.1 billion. In May - June 2020, LogicMonitor commissioned an independent third-party research firm to survey 500 IT decision makers from the US, Canada, UK, Australia and New Zealand to ascertain their views on IT automation, cloud migration and business continuity in the face of unexpected crises. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. Improving special AI chips. Prepandemic, cloud migration was already often complex. A new study from the Cloud Security Alliance (CSA) and cloud security company AlgoSec finds that over half of organizations are running 41 percent or more of their workloads in public clouds . The likely reason: COVID-19, lockdowns, and work from anywhere (WFA) have increased demand, and we predict that revenue growth will remain at or above 2019 levels (that is, greater than 30%) for 2021 through 2025 as companies move to cloud to save money, become more agile, and drive innovation. At one time, almost all AI was performed on the cloud, as edge devices such as smartphones, cameras, sensors, and robots lacked the onboard processing capacity for complex AI. On-premises data centers typically have fairly low server utilization rates. Instead, the cloud market has been remarkably resilient. As of mid-2020, there were 541 hyperscale data centers globally, with 26 added in the first half of 2020 and another 176 planned over the next few years.8 All of these data centers need chips. Azure has surpassed AWS for breadth of adoption for the first time. 80 percent of cloud management efforts will support 20 percent of the service incidents or trouble tickets. In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. (May 31, 2021). May 23, 2022. We are independently owned and the opinions expressed here are our own. With tools such as Slack (and its many alternatives), working from the comfort of your home is easier than ever before. [2] According to European organizations, migrating more workloads to the cloud is the most important cloud initiative. . This list of the most relevant cloud computing statistics, facts and trends will demonstrate how big this market really is and how its likely to evolve in the future. "Share of Workloads in The Cloud among Organizations Worldwide as of April 2021. When we move to cloud providers, the rate of efficiency using servers is 85%. 70% of companies using the cloud plan to increase their budgets in the future. The advantages of using a public cloud include lower costs, no need for maintenance, high reliability and almost unlimited scalability.28, Private clouds are used by just one organization. Google Cloud Platform showed the highest percentage of experimentation (23 percent), which tends to drive more adoption in the future. Available: https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/, Share of workloads in the cloud among organizations worldwide as of April 2021, Available to download in PNG, PDF, XLS format, Cloud computing worldwide revenue 2015-2022, by segment, Public IT cloud services global market growth 2011-2023, Public cloud services growth worldwide 2022 and 2023, by segment, Global cloud IT infrastructure spending 2013-2026, Public cloud application infrastructure services market 2015-2023, Public cloud business process services market size 2015-2023, Platform as a Service (PaaS) spending by segment worldwide 2016-2022, Communications Platform as a Service market size worldwide 2015-2025, Global current and planned cloud models 2020-2025, by deployment model, IaaS and PaaS revenue by vendor in 2018-2022, Global cloud IaaS/PaaS vendor revenue share 2018-2021, Market share of public cloud IaaS, SISaaS & PaaS vendors worldwide 2019-2020, Leading cloud provider for cloud on-ramps in data centers worldwide 2020, by region, Microsoft's intelligent cloud revenue worldwide 2015-2023, by quarter, IBM cloud & cognitive software revenue worldwide 2018-2020, by subsegment, Enterprise public cloud platform and infrastructure service usage worldwide 2017-2022, Public cloud platform usage and adoption worldwide 2022, by service provider, Private cloud platform service usage worldwide 2017-2022, Private cloud platform service adoption worldwide 2022, by service provider, IT workload distribution globally 2019-2021, by cloud type, Hybrid cloud environment usage worldwide: workloads by type 2017, Prediction as to when 95 percent of workloads are cloud-based worldwide 2017, Cloud data center workloads from 2016 to 2021 in Central and Eastern Europe, Platforms where workloads would run now and in the future 2017, Cloud data center workloads from 2016 to 2021 in Western Europe, Installed cloud workloads worldwide 2015-2021, by cloud type, Cloud workloads as a percentage global cloud data center workloads 2011-2021, Personal cloud storage traffic growth worldwide 2015-2020, Leading cloud services and workloads deployed globally 2016, Installed cloud workload share worldwide 2015-2021, by cloud type, Global cloud data center IP traffic 2015-2021, Cloud computing penetration among large enterprises in France 2014, by industry, Obstacles to cloud computing among small-sized enterprises France 2014, Email services penetration among companies using cloud computing in France 2014, Obstacles to cloud computing among medium-sized enterprises France 2014, Enterprises using cloud storage services in France 2014-2016, Database hosting among entrerpises using cloud computing in France 2014, by industry, Find your information in our database containing over 20,000 reports. 2. In, Cybersecurity Insiders, und Fortinet. It is projected that this market will grow to more than $76 billion in 2021. Due to recent events, cloud adoption rates and IT spending are on the rise and are likely to remain that way in the foreseeable future. Another goal for cloud providers is to develop vertical-specific apps that must reside at the edge due to latency requirements and other factors. See something interesting? Learn more about how Statista can support your business. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. Microsoft has already started rolling out its Windows 365 service, which offers virtual personal computers running Windows 10 or 11. This is because companies can't afford to run out of server capacity. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. While this unprecedented growth can, in large part, be attributed to the pandemic, this industry was on a healthy upward trajectory long before 2020.26, Global Cloud Storage Market in Billions USD, 2017-2028. The bottom line: while cloud security is paramount for any organization regardless of size, proper employee training and strict security guidelines are just as important. There is a prevailing notion that while the cloud infrastructure market is growing fast, the vast majority of workloads remain on premises. Private cloud-only usage also rose during the past year, albeit slightly, from about 23% in 2020 to 25% in 2021. See: Netflix. On average, using the public cloud for office productivity applications emits about6 7 kg of CO2 per employee per year, while a nonvirtualized on-premise solution would be responsible for nearly 30 kg of CO2 per employee per year.37 In the consumer world, as of 2019, viewing a two-hour Netflix movie consumed just over eight watt-hours of energy from Netflix and its distribution partners.38 This is a fraction of the energy needed to drive to a movie theater or even of taking public transit. 26 Cloud Computing Statistics, Facts & Trends for 2023. 80 percent of the effort to migrate to the cloud comes from 20 percent of the workloads being moved. In the past decade, deep learning has become more widely used in the cloud, offering tremendous new functionality. Well be looking at 26 of the most interesting, relevant and game-changing stats all across the industry, from cloud adoption rates and security concerns, to enterprise infrastructure, cloud computing spending and much more. This includes cloud storage providers like Sync.com and pCloud, as well as large platforms like Microsoft Azure. Deloitte analysis of publicly reported quarterly financial statements. An overwhelming majority of enterprises continue to move workloads from the cloud back to on-premises data centers, although it is a smaller percentage than before, according to IDG research. Though chip spending and cloud revenues are not perfectly correlated, they are connected in the long run, with growth in chip revenues usually being a leading indicator: The chips need to be bought and installed in the data centers before the cloud revenues start flowing.9. While an earlier study by Spiceworks Ziff Davis had found that cloud use accounted for 40 percent of workloads, that percentage was expected to increase to 50 percent of workloads by 2023 . As of 2020, roughly 41% of enterprise workloads were in the cloud. Thats three times the size of the second largest market, Western Europe, which has 21 percent of the market total. This total market size of $400 billion is then broken down by workload type. By 2024, in contrast, more than 1.5 billion devices will have dedicated edge AI chips (called neural processing units, or NPUs) in them by 2023.46 These NPUs, mainly used for inference, will likely reduce the demand for energy over time: They tend to be more efficient than the chips in data centers, and they eliminate the need to send large data files up to the cloud, which consumes more energy. Please create an employee account to be able to mark statistics as favorites. Gen Zs and millennials are striving for balance and advocating for change. Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. So do nine of the top ten public clouds. Revenues for 2020 are likely to be over US$125 billion, increasing tomore than US$160 billion in 2021.7 And although percentage growth was down three points in the first nine months of 2020 compared to all of 2019, it is worth noting that in absolute dollar terms, the total hyperscale market (not just the five largest) grew more in 2020 than in 2019. Total 2020 revenues are likely to exceed US$35 billion, and could top US$40 billion in 2021. However, not just any VPN will suffice check out our best VPN for Netflix and how to watch Disney+ outside the U.S. articles to find out which VPNs will do the trick (we also have a VPN statistics article). This type of software includes remote desktop tools such as TeamViewer and Chrome Remote Desktop, which allow you to connect to a remote computer and work on it via a remote internet connection.27. What we refer to as the cloud actually exists as a physical network of servers. Optimizing usage is a cost-control measure and migrating workloads can save money while driving agility. Data Disk IOPS Consumed Percentage and Data Disk Bandwidth Consumed Percentage; At the VM level: VM Cached IOPS . Postpandemic, all of these factors will likely be even more challenging. However, any affiliate earnings do not affect how we review services. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. By comparison, 52 percent also spend $1.2 million or more on Azure, indicating Azure has closed the gap for the first time in the eleven years of this survey. Consequently, several noteworthy cloud computing trends have emerged, so let us take a look at their impact and development. The likely reason: increased demand driven by COVID-19, lockdowns, and work from anywhere. According to the Cloud Infrastructure Report, featuring responses from more than 150 IT decision-makers at organizations where at least 300 employees were using cloud infrastructure, 85 percent of organizations expect to shift the majority of their workloads cloudwards by the end of the year, while just shy of a quarter (24 percent) plan to be "cloud-only". Not only were assets up, but so was performance, with the three cloud ETFs yielding an average year-to-date return of 47% as of October 30, compared to only 22% for the NASDAQ and 1% for the S&P 500.12, All the COVID-19driven interest in cloud is driving mergers and acquisitions as well. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. However, she said, 81 percent of customers reported the repatriation of workloads from public clouds to on-premises private cloud, hosted private cloud, or on-premises non-cloud infrastructures, a . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. DTTL (also referred to as Deloitte Global) does not provide services to clients. 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