Platform as a Service (PaaS) will grow by 26.1% in 2022. 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. 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). Now, on to the reason you opened this article in the first place those amazing cloud computing technology statistics themselves. 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. KPIs for measuring cloud adoption success. Then you can access your favorite statistics via the star in the header. Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. The cloud migration forecast: Cloudy with a chance of clouds has been saved, The cloud migration forecast: Cloudy with a chance of clouds has been removed, An Article Titled The cloud migration forecast: Cloudy with a chance of clouds already exists in Saved items. Michael also leads the GTM and cross-offering efforts within Consulting in North Region as Regional Consulting Leader. Fifty-two percent spend $1.2 million or more annually on AWS. Tell us what you think in the comments below. 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. Thats the basis of all cloud software, and one could argue thats how the internet works as a whole. Please create an employee account to be able to mark statistics as favorites. These servers host data that you can access via an internet connection. 80 percent of the effort to migrate to the cloud comes from 20 percent of the workloads being moved. 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. The second most popular cloud storage service Dropbox has a huge following as well, with over 700 million reported users, according to its financial statements.24, In 2020, the total worth of the market was $371.4 billion. Take control of cloud use with out-of-the-box and customized policies to automate cost governance, operations, security and compliance. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). Cloud Workloads. In recent years, this percentage has continued to increase. So with the same energy, we are managing . When asked what percentage of workloads organizations already have in the cloud, today 33% are running more than 50% of workloads in the cloud; in the next 12-18 months, that grows to 56%. However, a workload should have defined boundaries regarding . Workload operations should . Hybrid cloud - this is when a company uses both a public and a private cloud. Share of workloads in the cloud among organizations worldwide as of April 2021 [Graph]. Digital transformation continues and IT spend keeps growing. . As companies move more applications to the cloud, the cloud market is booming. In 2019, the remote desktop software market was worth $1.53 billion and it is estimated that it will reach $4.69 billion by 2027 at a CAGR of 15.1 percent. Many times, discussions will assume that a workload is only one item . Moving to special AI chips. Therefore, storage services with unlimited cloud storage are a perfect solution for this problem. Cybersecurity Insiders, & Fortinet. Moving to the cloud is a critical business initiative for many organizations. The Most Pressing Cloud Security Concerns, Given that cloud security is so highly sought after, its no wonder that companies are looking for cloud services that are secure right out of the box. In calendar Q2, growth showed a 25% year-over-year increase, which rose slightly to 27% in calendar Q3, resulting in a 28% growth rate over the first nine months of the year. 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. 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. In just the first four months of 2020, the value of completed data center acquisitions, at US$7.5 billion in only 28 deals, was greater than in all of 2019.13, Although cloud is growing rapidly overall, it serves multiple industries, many of which have cut spending sharply. Since at least three years ago, most organizations with workloads in the cloud have made this a top priority, along with cloud security. 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. Cloud Data Centers Dominate Workload Processing. This trend will persist well after the pandemic.23, One emerging development for hyperscale cloud providers is the intelligent edge. statistic alerts) please log in with your personal account. 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. However, the truth is far less dramatic than this and mostly comes down to mistakes made by employees. The likely reason: increased demand driven by COVID-19, lockdowns, and work from anywhere. Google Cloud Platform, Oracle Cloud Infrastructure and IBM Cloud round out the top five. 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. While that could be true, new research from Synergy . Visit the cloud economics webpage today. A multi-cloud approach is still the de facto standard among organizations. Statista. In its Q4 2022 results, total revenue fell to $452 million, down 5 percent on a year earlier. We also asked survey respondents to name other key performance indicators they . 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. However, 53 percent of SMBs spend more than $1.2 millionup from 38 percent last year. Cloud will no longer be considered a location just where data is stored and accessed, but rather an operating model. A cloud workload is essentially a resource or service consuming computing power in the cloud. SMBs will leverage the agility provided by cloud to quickly deliver at scale on . The number of public cloud users who utilize service beyond basic compute, storage and network services continues to grow. Learn more about how Statista can support your business. Those observations track with the results of the Fortinet survey. 10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, . 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. This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. In 88 percent of cases, human error is to blame for cloud breaches, not cloud providers. Its huge. Prediction 1: By 2025, 30 percent of SMBs will shift half of their core workloads to the cloud to drive business agility and future resilience. 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 . Thats three times the size of the second largest market, Western Europe, which has 21 percent of the market total. One of the best CRMs, Salesforce has a market capitalization of more than $200 billion.18 However, the company that arguably profited the most in the wake of the COVID-19 pandemic is the video conferencing service Zoom. . What exactly is a cloud workload? There are three main types of cloud computing deployments: public cloud, private cloud and hybrid cloud. Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look COVID-19 showed us that everything can change but certain patterns concerning cloud technologies and cloud infrastructure have emerged and they warrant analysis. When viewed at the total company level, very few systems will be only on-premise, only public cloud, or only private cloud. A quarter (25%) of respondents cited private cloud as their most commonly used deployment model, the highest percentage after multicloud (36%). . That number has skyrocketed to 30% of organizations having at least 50% of . [2] 70% Migrating more workloads to the cloud 59% Optimizing cloud use to cut costs 50% Advancing a cloud. The percentage of cloud-based application software expenditures will rise from 57.7% in 2022 to 65.9% in 2025. With more than 25 years of experience, he has steered large-scale digital and enterprise transformations, helping to enable enhanced market competitiveness for some of the worlds most influential brands. You can only download this statistic as a Premium user. Otherwise, it's the same thing. 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 the context of a cloud adoption, a workload is a collection of IT assets (servers, VMs, applications, data, or appliances) that collectively support a defined process. This question focused on percentage of existing workloads, rather than where the main workload was located or what would happen in the future (a more objective representation). 80 percent of business impact from an outage will come from 20 percent of the systems affected by the outage. As stated by the industry publication SiliconANGLE: Because the big cloud players are so large, they are exposed to industries that have been hard-hit by the pandemic. Company level, very few systems will be only on-premise, only cloud! Comes from 20 percent of the effort to migrate to the reason you this. So with the same thing total revenue fell to $ 452 million, down 5 on. 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