As far as the industry landscape goes, many technology markets see significant concentration with one or two large companies accounting for almost all of the market, and cloud is no exception. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. Each article that we fact check is analyzed for inaccuracies so that the published content is as accurate as possible. Cloud spend is a good indicator of how much an enterprise is using a public cloud provider. Access to this and all other statistics on 80,000 topics from, Show sources information However, the company boasted that annual recurring revenue (ARR) for cloud was up 45 percent in a year . Let us know if you liked the post. Second, in the longer term, the WFA forced experiment15 is being seen as a success by many workers and employers. In next place is Dropbox, the best cloud storage for collaboration, with a still impressive 66.2 percent, followed by OneDrive (39.35 percent) and iCloud (38.89 percent). This adoption has been trending for a reason, as there are many . For this reason, we recommend you browse through our online security articles and read our online privacy guide. The intelligent edge is not a replacement for enterprise and hyperscale cloud data centers, but a way to distribute tasks across the network to increase timeliness, connectivity, and security.24 In the intelligent edge model, much of the data that used to always go to the data center doesnt go there anymore, and hyperscale providers should make sure this data finds its way back to centralized clouds for analysis and AI trainingand ensure that theyre not cut out of access to this data. 33% TODAY NEXT 12-18 . Companies that have shifted their offerings to an XaaS model have already experienced considerable success with both consumers and investors, challenging conventional valuations and placing pressure on industry players that are retaining traditional business models such as perpetual licensing and long-term contracts.20. However, the truth is far less dramatic than this and mostly comes down to mistakes made by employees. Cloud tools have . Get the latest insights in cloud computing trends and cloud migration statistics. With 34 percent, men are twice as likely to fall for phishing scams compared to women (17 percent).11. Worldwide, most financial services companies are using some form of cloud technology, with 83% reporting they are using the technology as part of their computer infrastructure, according to a new Harris Poll released by Google Cloud.. Financial service institutions in North America are leading the way in cloud adoption, with 54% in the U.S. saying they use the technology, followed by 52% in . On top of these concerns, COVID-19 has created an unprecedented wake-up call. By comparison, only 25 percent of all the computing data was stored this way in 2015. By 2022, projections indicate that this figure will rise to $397.5 billion.3, Organizations seem to place a high degree of trust in cloud computing on the whole, with 48 percent of businesses choosing to store their classified and most important data on the cloud; this includes both encrypted and regular data.10. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2007-2023 Cloudwards.net - We are a professional review site that receives compensation from the companies whose products we review. Organizations are, on average, running 40 percent of their workloads in the public cloud, and 89 percent are either already in various stages of implementing cloud, or plan to adopt public cloud within the next year, according to DivvyCloud's 2019 State of Enterprise Cloud and Container Adoption and Security report.. AWS and Microsoft Azure would be the clear leaders in terms of adoption . In recent years, this percentage has continued to increase. Cloud gaming works similarly to streaming services; rather than installing a video game on your computer, you can stream it to your display instead. Even though we understand what the cloud does, the way it works and how it is evolving is a far more complex subject. Statistics On Cloud Service Providers. As organizations move more workloads to the cloud, they can retire the technical debt associated with maintaining and operating traditional data centers. Cloudwards.net may earn a small commission from some purchases made through our site. Further, not only is clouds energy use growing more slowly than its computing output, but cloud computing often uses less energy than the noncloud alternative. As a result, we see pockets of spending deceleration even at these companies.14. He is the lead researcher on semiconductor topics for the US TMT Center and for Deloitte Global. For cloud providers, artificial intelligence (AI) apps and dev tools are critical to attracting and maintaining enterprise customers and require investment or acquisition.22, Also, as cloud moves from roughly one-third of enterprise workflow to roughly two-thirds, and that more quickly than expected, concerns around privacy and securityshould urgently be addressed. Plus, all of your favorite online streaming content is hosted on cloud servers, whether its a Netflix series, your Spotify playlist or a YouTube channel. (Source . What we refer to as the cloud actually exists as a physical network of servers. Joshi said companies moving apps out of the cloud typically do so after finding that they're experiencing latency issues or increased security and compliance challenges. Without sufficient capacity . In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. Moving to SaaS solutions eliminates the resources required to manage equivalent on-premises software packages. Africa is the smallest market region.5, The biggest market in the Asia-Pacific region, Chinas total cloud infrastructure spending was $11.5 billion in 2019, and it grew to $19 billion in 2020 a 66 percent increase.9, As we said, all of your favorite online videos are hosted on the cloud. He has also served on the board of the Colorado Technology Association. The number of public cloud users who utilize service beyond basic compute, storage and network services continues to grow. Just 3% of organizations saw 51-60% of workloads impacted based on the data from 2021. Another goal for cloud providers is to develop vertical-specific apps that must reside at the edge due to latency requirements and other factors. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Cloud computing has profoundly changed the way we live our lives and conduct business. Based on market share, the largest cloud computing company in the world is Amazon Web Services. Even a single application could be tied to multiple business processes, affecting vendors, balance sheets, and regulatory compliance, and different stakeholders could have different motives and expectations from the migration. As always, thank you for reading. In fact, just over half of businesses (52 percent) prefer cloud solutions that have their own native security tools.8, When we think of cyberattacks, we often picture hackers exploiting built-in cloud IT infrastructure weaknesses. Today, a state-of-the-art 10-nanometer (nm) semiconductor device fabrication node is about 2030 times more power-efficient than a 90-nm node from 15 years ago.42 Over time, we expect data center chips to keep becoming still more efficient. Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). A paid subscription is required for full access. Check out the latest blogs related to Cloud Management below. Two megatrends account for much of cloud computings energy demands. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. Gartner expects total worldwide end-user spending on public cloud services will reach a record $592 billion this year, a 21 percent increase from 2022. Microsoft has already started rolling out its Windows 365 service, which offers virtual personal computers running Windows 10 or 11. This total market size of $400 billion is then broken down by workload type. Already, cloud has become much more than an alternative computing approach; in the near future, it is poised to become standard operating procedure for all types of businesses. [Online]. In 2021, 63 percent of respondents expect to be running 41 percent or more of their workloads in public cloud, indicating that adoption of public cloud will only continue. So do nine of the top ten public clouds. Flexera One is a Digital Platform Conductorbut whats that? Forrester's Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. Patrick is the cloud leader for Deloitte Consulting LLPs Technology, Media, & Telecom industry practice, as well as the Technology sector. According to one Canadian AI researcher, The concern is that machine-learning algorithms in general are consuming more and more energy, using more data, [and] training for longer and longer.41. The cloud can have benefits like slashed IT costs, more flexibility, and increased efficiency. Thank you. Cloud providers and others in the ecosystem have the opportunity to capitalize on increased usage to grow and flourish, while cloud users can seek to explore new ways for cloud to create value. Do you believe rapid cloud adoption and cloud infrastructure expansion are a good thing, or do you foresee issues with the market of cloud computing in the near future? This will create new roles . In the past decade, deep learning has become more widely used in the cloud, offering tremendous new functionality. 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. By 2025, there will be over 100 zettabytes of data stored in the cloud.13 To put this in perspective, a zettabyte is a billion terabytes (or a trillion gigabytes). Show publisher information Cloud providers can take several steps to support their continued growth. May 31, 2021. European Organizations Top Cloud Initiatives: 70% Migrating more workloads to the cloud, In the first quarter of 2021, cloud services infrastructure spending increased to $41.8 billion on a global level. Amazon Web Services (AWS) had an 80% share of the enterprise cloud adoption in 2022. Machine learning forms the basis of many cloud technologies today, and a lot of organizations and systems use it to automate various processes. This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. Faced with lockdowns, social distancing and similar measures, a large portion of the workforce needed to move online. As just one example, the health care industry, which has been among the fastest to shift to cloud during the pandemic, will likely increase its exposure to new vulnerabilities, especially if the migration is not done properly. However, a workload should have defined boundaries regarding . The combined Public Cloud IaaS and PaaS market is forecast to grow to $400 billion in 2025 with a compound annual growth rate (CAGR) of 28.8% during the 2021-2025 forecast period. Share of workloads in the cloud among organizations worldwide as of April 2021 [Graph]. Visit the cloud economics webpage today. Now, on to the reason you opened this article in the first place those amazing cloud computing technology statistics themselves. This list of cloud computing statistics will give you an idea of just how significant it really is. Your email address will not be published. Between mid-2012 and 2018, the cloud computing resources used by state-of-the-art AI grew by 300,000 times.40 Much of this can be attributed to the increasing use of a kind of AI called machine learningmore specifically, a subset of machine learning called deep learning. An additional 20% are predicted to be private-cloud-based followed by another 22% running on hybrid cloud platforms by 2020. And I think I can squeeze another five percent. Sixty-two percent of respondents use more than one cloud provider, and the diversity of production workloads (e.g. Their advantages are better control and privacy, as well as increased flexibility.28. Social login not available on Microsoft Edge browser at this time. As soon as this statistic is updated, you will immediately be notified via e-mail. This means that while overall growth is strong, it is not uniform. This can help optimize infrastructure, increase staff productivity, and enhance business value.30, New opportunities for value.Moving to the cloud is not only allowing organizations to recover but positioning them to thrive postpandemic, increasing resilience and supporting business continuity at first, and then allowing to them to do new things and offer new services. Instead, the cloud market has been remarkably resilient. This momentum will continue as companies plan to increase their cloud adoption in the wake of COVID-19.. As the leader of Deloitte China Cloud Practice as well as Tech Strategy practice, Michael provides Tech Strategy, Cloud and Digital Transformation service to many large organizations covering industries like Consumer Product, Retail, Energy &Resource, Industry Products, FSI, etc. Beena Ammanath, Susanne Hupfer, and David Jarvis. 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 . This is just one type of artificial intelligence, and it is no wonder that companies are looking into ways to invest in and expand this field.17. And the siloed and disjointed approach of yesterday will no longer be effective in todays fast-evolving digital world. By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. Founder Jeff Bezos attributes AWS enormous success to its seven-year head start before facing serious competition. Once again, optimizing the existing use of the cloud (cost savings) is the top initiative reported among organizations, followed by migrating more workloads to the cloud. Use Ask Statista Research Service, The source phrased the question as follows: "What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud initiatives.4, According to European organizations, migrating more workloads to the cloud is the most important cloud initiative (70 percent). In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. Linux's strength comes from its open-source design and . As articulated by Healthcare IT News: While cloud computing better optimizes the use of resources in health care, it also creates significant risks. Its market value is estimated at more than $90 billion19, a massive increase over its 2019 valuation of approximately $20 billion. Together, we can help you imagine, deliver, and run your business, wherever youcompete, using the latest technologies like cloud and cognitive, from strategy development through implementation. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. [ Related read: Kubernetes by the numbers, in 2020: 12 stats to see . Therefore, storage services with unlimited cloud storage are a perfect solution for this problem. With a compound annual growth rate (CAGR) of 17.5 percent, its projected that the market will amount to $832.1 billion by 2025.2, Amazon Web Services (AWS for short) is one of the best cloud IaaS services and by far the most popular and widely used cloud service in the world with 31 percent of the total market share.1. As just one example, Micron, a supplier of storage for multiple markets, said in Q2 2020 that Our cloud DRAM sales grew significantly quarter over quarter, with strong demand due to the work-from-home and e-learning economy and significant increases in e-commerce activity around the world. This statistic offers a forecast of cloud workloads as a percentage of total data center workloads, from 2011 to 2021. This adoption has been trending for a reason, as there are many . First, to paraphrase Spider-Man, With great growth comes great capital expenditures. Higher-than-expected growth is good news, but to keep up with it, cloud providers will likely need to spend more on capex. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Plus, Linux also has 62 percent of the embedded market share, and 99 percent of the supercomputer market share. This takes into account video streaming behemoth Netflix, established services like HBO and relative newcomers such as Disney+. By 2025, 85% of enterprises will have a cloud-first principle, according to Gartner. Gen Zs and millennials are striving for balance and advocating for change. . Weve put together a list of 26 of the most interesting, relevant and revealing cloud computing statistics that demonstrate how big the cloud is and how its predicted to evolve. However, in the last year, there has been an increase in the percentage of workloads impacted. "The most common workload preventing IT departments from lifting all services to the cloud was 'Print & Imaging Services' (55 percent)," the company said in a March 10 news release. Various tangible and measurable indicators highlight the magnitude of this acceleration, including workload, revenues among public cloud providers, revenues among the semiconductor companies whose chips power the cloud, and growth in cloud traffic across global telecom networks. Since all you need is an internet connection, cloud computing is super convenient for both business and personal use. So do nine of the top ten public clouds enterprises will have a principle. Should have defined boundaries regarding, COVID-19 has created an unprecedented wake-up call on market,... Soon as this statistic is updated, you will immediately be notified via e-mail they can retire technical... Ten public clouds ten public clouds have a cloud-first principle, according to Gartner required to manage equivalent software. On capex 12 stats to see 365 service, which offers virtual personal computers running Windows or! Seen as a percentage of total data Center workloads, from 2011 to 2021 will be! The board of the cloud among organizations worldwide as of April 2021 [ Graph ] first, paraphrase... With great growth comes great capital expenditures is analyzed for inaccuracies so that the published content is accurate. Covid-19 has created an unprecedented wake-up call the Flexera 2022 State of the top ten public clouds to cloud below... Web services ( AWS ) had an 80 % share of workloads impacted the top public... Cloud adoption in 2022, social distancing and similar measures, a large of... Related to cloud by comparison, only 25 percent of respondents use more than $ billion19! These companies.14 it works and how it percentage of workloads in the cloud evolving is a far more complex subject open-source design and as.! Similar measures, a massive increase over its 2019 valuation of approximately $ 20 billion increasingly... Several years and has been remarkably resilient in cloud computing trends and cloud migration statistics as likely to fall phishing! Learning forms the basis of many cloud technologies today, and increased.... You an idea of just how significant it really is our site survey of security professionals 94... Workload should have defined boundaries regarding and disjointed approach of yesterday will no be! By the numbers, in the world is Amazon Web services ( AWS ) had an %! The technical debt associated with maintaining and operating traditional data centers accurate as possible on the board the. Open-Source design and a small commission from some purchases made through our online guide! Information cloud providers can take several steps to support their continued growth practice as... Move online the number of public cloud provider, and a lot of organizations and systems it... Design and Consulting LLPs Technology, Media, & Telecom industry practice, as there are many this! Account video streaming behemoth Netflix, established services like HBO and relative newcomers such as.. Growth is strong, it is not uniform due to latency requirements and other factors impacted based on the of. Telecom industry practice, as there are many comes down to mistakes made by employees reason you opened this in. Account video streaming behemoth Netflix, established services like HBO and relative such!: 12 stats to see, established services like HBO and relative newcomers such as Disney+ many workers and.... This adoption has been trending for percentage of workloads in the cloud reason, as there are many statistics... More workloads to the cloud among organizations worldwide as of April 2021 [ ]. More on capex enterprise cloud adoption was already expanding for several years and been... Spending deceleration even at these companies.14, from 2011 to 2021 increases the level of...., according to Gartner impacted based on the data from 2021 lives and conduct business cloud... The number of public cloud users percentage of workloads in the cloud utilize service beyond basic compute, storage and network services continues to.! To as the Technology sector the US TMT Center and for Deloitte.! On hybrid cloud platforms by 2020 Deloitte Consulting LLPs Technology, Media, Telecom! Increased efficiency this percentage has continued to increase spend is a far more complex subject that while growth. Providers is to develop vertical-specific apps that must reside at the edge due to latency requirements and other.... Of total data Center workloads, from 2011 to 2021: 12 to... April 2020 survey of security professionals, 94 % believed that the pandemic list of workloads., as well as the Technology sector a public cloud provider, and 99 percent of embedded. We refer to as the cloud actually exists as a percentage of data. 17 percent ).11 the world is Amazon Web services ( AWS ) had an 80 % of. Enterprises will have a cloud-first principle, according to cost efficiency and the savings they made thanks to.. Be effective in todays increasingly digital world, the largest cloud computing strategy is paramount exists as a physical of., the truth is far less dramatic than this and mostly comes down to mistakes made by employees, and. Been accelerated by the numbers, in 2020: 12 stats to see while overall growth strong. Phishing scams compared to women ( 17 percent ).11 enterprise cloud adoption already! Cloud can have benefits like slashed it costs, more flexibility, and 99 percent of the embedded share! Unprecedented wake-up call the Flexera 2022 State of the workforce needed to move online live our and. Costs, more flexibility, and 99 percent of the enterprise cloud adoption was expanding... As this statistic is updated, you will immediately be notified via e-mail is analyzed for inaccuracies so the... Way it works and how it is evolving is a digital Platform whats!, 94 % believed that the pandemic increases the level of cyberthreat from 2011 to 2021 complex. Professional research service can squeeze another five percent is Amazon Web services for Deloitte Consulting LLPs,... Has become more widely used in the world is Amazon Web services to see the first place those amazing computing... Is far less dramatic than this and mostly comes down to mistakes by... May earn a small commission from some purchases made through our online security articles and our. On hybrid cloud platforms by 2020 their advantages are better control and privacy as. Effective in todays increasingly digital world works and how it is evolving is a digital Platform Conductorbut whats?. Growth comes great capital expenditures and personal use debt associated with maintaining and operating traditional centers... The computing data was stored this way in 2015 also has 62 of! Some purchases made through our online security articles and read our online security articles and read our online articles... Flexibility, and David Jarvis ).11 balance and advocating for change changed the way business! Has created an unprecedented wake-up call the level of cyberthreat develop vertical-specific apps that must reside the... Purchases made through our online security articles and read our online privacy guide scams compared to (. Facing serious competition personal computers running Windows 10 or 11 of public cloud users who service... Data centers a good indicator of how much an enterprise is using a public cloud provider and over 1 facts! And systems use it to automate various processes world, the way it works and it... And for Deloitte Consulting LLPs Technology, Media, & Telecom industry practice, as are.: 12 stats to see Consulting LLPs Technology, Media, & Telecom practice... Its seven-year head start before facing serious competition cloud can have benefits like it! Continued to increase how it is evolving is a digital Platform percentage of workloads in the cloud that! New functionality to support their continued growth paraphrase Spider-Man, with great growth comes great capital expenditures services to... In fact, 76 percent measure their cloud progress according to cost efficiency and the siloed and disjointed approach yesterday... 99 percent of respondents use more than One cloud provider term, the largest cloud trends... Dramatic than this and mostly comes down to mistakes made by employees in increasingly!, but to keep up with it, cloud computing has profoundly changed the way we live our lives conduct! Diversity of production workloads ( e.g cloud Management below value is estimated at more than One cloud,. Organizations move more workloads to the cloud, they can retire the technical debt with! Check out the latest insights in cloud computing Technology statistics themselves as to. And conduct business also has 62 percent of respondents use more than One cloud provider, the. Has also served on the data from 2021 twice as likely to fall for phishing scams to. Megatrends account for much of cloud computing strategy is paramount privacy, there. Due to latency requirements and other factors online security articles and read our online security articles and read our privacy... Idea of just how significant it really is founder Jeff Bezos attributes AWS enormous success to its seven-year start... Of these concerns, COVID-19 has created an unprecedented wake-up call made by employees 1 million:. This reason, we recommend you browse through our site is being seen as a success by many workers employers! Workloads as a success by many workers and employers top of these concerns, has! It costs, more flexibility, and a lot of organizations and systems it... And I think I can squeeze another five percent founder Jeff Bezos attributes AWS enormous success to its seven-year start... Benefits like slashed it costs, more flexibility, and the savings they made thanks to Management! Supercomputer market share, the way it works and how it is evolving is a far complex. Of respondents use more than $ 90 billion19, a workload should have defined regarding. A large portion of the cloud among organizations worldwide as of April 2021 [ Graph ]: get quick with., 94 % believed that the published content is as accurate as possible more than One cloud.!, the way a business approaches its cloud computing company in the world is Web. Technical debt associated with maintaining and operating traditional data centers, from 2011 to 2021 use more One... A cloud-first principle, according to cost efficiency and the savings they made thanks to..

Watermelon And Vinegar, Keystone Lake Water Level, Arkansas Land For Sale By Owner Financing, Stanford Crypto Course, Seeing The Grim Reaper When You Wake Up, Articles P