While cloud services have different security measures and features in place, the cloud itself is subject to constant cyber attacks that target both personal and corporate data. 80 percent of cloud management efforts will support 20 percent of the service incidents or trouble tickets. Many pundits as well as organizations, such as the World Economic Forum34 and the OECD,35 have called for a green reset following COVID-19. As organizations continue to spend more on public cloud, its easy to understand why FinOps is evolving and being adopted as a financial management discipline. The appropriately named Citadel is the largest data center ever constructed, and is located in Tahoe Reno, Nevada. Therefore, storage services with unlimited cloud storage are a perfect solution for this problem. Founder Jeff Bezos attributes AWS enormous success to its seven-year head start before facing serious competition. How many cloud services and apps do you use? ", Cybersecurity Insiders & Fortinet, Share of workloads in the cloud among organizations worldwide as of April 2021 Statista, https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/ (last visited March 01, 2023), Share of workloads in the cloud among organizations worldwide as of April 2021 [Graph], Cybersecurity Insiders, & Fortinet, May 31, 2021. 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 need at least a Starter Account to use this feature. There are good reasons to believe the 15% . 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). 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 fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. Copy a customized link that shows your highlighted text. Register in seconds and access exclusive features. Technology is evolving rapidlyand it's important to stay on top of the latest trends and critical insights. These servers host data that you can access via an internet connection. Total 2020 revenues are likely to exceed US$35 billion, and could top US$40 billion in 2021. 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. So in data centers, normally IT infrastructure is used on average at 40%. 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. Then you can access your favorite statistics via the star in the header. Most businesses and remote workers depend on cloud-based technologies. 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? 1The 72 percent saving is based on one M32ts Azure VM for Windows OS in US Gov Virginia region running for 36 months at a Pay as You Go rate of ~$3,660.81 per month; reduced rate for a three year Reserved Instance of ~$663.45 per month. 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). Netflix used 451,000 megawatt hours to deliver video in 2019, and Netflix viewers consumed about 112 billion hours during the year. Cloud-first policies and cloud migration are top of mind for senior IT leaders, particularly in enterprise environments. Beena Ammanath, Susanne Hupfer, and David Jarvis. 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. For their part, cloud users should consider the following factors as they continue to migrate to cloud: The cloud migration strategy. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. 2. Without sufficient capacity . In Malaysia, the first mainframe, the IBM System/360, was introduced in 1964. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. We also asked survey respondents to name other key performance indicators they . Even though we understand what the cloud does, the way it works and how it is evolving is a far more complex subject. That's not all SaaS processes will account for 75 percent of the . 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. 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. A simple process could often turn into a fog of conflicting goals, broken dependencies, and cost overruns. Time Machine vs Arq vs Duplicati vs Cloudberry Backup. See something interesting? Since the COVID-19 crisis, the cloud computing market has been on a rapid upward trajectory when it comes to cloud adoption, infrastructure, spending and development. 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. Its time to revitalize, rebuild and reimagine the future. However, many other companies sell chips, storage, and connectivity solutions into the cloud space. As of 2018, the XaaS market was nearly US$94 billion, and a preCOVID-19 forecast predicted a five-year annual growth rate of 24%, resulting in a market of over US$340 billion by 2024.19 COVID-19 likely will accelerate the growth in flexible consumption models, but even postpandemic, those making this cloud-driven shift can see greater financial predictability, lower unit costs from aggregation, and enhanced customer relationships. Simply put, a workload is about "putting elements together to get data, finding out what something means or developing something," said Judith Hurwitz, president and CEO of Hurwitz & Associates and author of Cloud Computing for Dummies. As articulated by Healthcare IT News: While cloud computing better optimizes the use of resources in health care, it also creates significant risks. This means that while overall growth is strong, it is not uniform. In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. As companies move more applications to the cloud, the cloud market is booming. Thats the basis of all cloud software, and one could argue thats how the internet works as a whole. Wasted cloud spend is a major issue and becomes more critical as cloud costs continue to riseand many organizations tend to underestimate their amount of waste. Thank you for sharing this great article! For complete survey results, download the Flexera 2022 State of the Cloud Report. 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. However, any affiliate earnings do not affect how we review services. Plus, Linux also has 62 percent of the embedded market share, and 99 percent of the supercomputer market share. The cloud application and infrastructure services will grow experience significant growth between 2020 and 2021, moving up to a solid third place among these six cloud categories. Clearly, hybrid cloud is the new normal. Over time, more specialized AI-specific kinds of chips were put into data centers: graphics processing units (GPUs, used for both training and inference), field programmable gate arrays (FPGAs, mainly used for inference), and application-specific integrated circuits (ASICs, used for both training and inference. Compared to the same period in 2020, this was a 35 percent year-on-year growth and a five percent quarter-on-quarter rise. Thirty-seven percent of enterprises said their annual spend exceeded $12 million and 80 percent reported that cloud spend exceeds $1.2 million per year. Weve already mentioned that remote work rose to great prominence during 2020 and it seems like it is here to stay. 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. While that could be true, new research from Synergy . Select highlights of the report are included below. Cloud tools have . Growth in cloud computing has been a megatrend over the last decade, with the market experiencing triple-digit annual growth as recently as 2015. Apply. Optimizing usage is a cost-control measure and migrating workloads can save money while driving agility. Patrick lives with his wife and daughter in Denver, where they are active in the community and enjoy the Colorado outdoors. If you are interested in learning more about these terms, we invite you to read our cloud terminologies article, which explains how they function in greater detail. Quarterly smartphone market share worldwide by vendor 2009-2022, Apple iPhone unit sales worldwide 2007-2018, by quarter, Global market share held by smartphone operating systems 2009-2018, by quarter, Virtual reality (VR) - statistics & facts, Research expert covering the consumer electronics industry, Profit from additional features with an Employee Account. Azure pricing as of 30 October 2018 (prices subject to change). Balancing on-premises and cloud workloads On-Premises vs. Hyperscale data centers do even better on the PUE scale, at around 1.11.2.39 That said, this improvement has slowed in recent years, and both hyperscale cloud companies and chip companies are working hand in hand to keep power consumption as low as possible. Its market value is estimated at more than $90 billion19, a massive increase over its 2019 valuation of approximately $20 billion. For the complete survey results, download the free Flexera 2022 State of the Cloud Report. Cloud Data Centers Dominate Workload Processing. In, Cybersecurity Insiders, und Fortinet. Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. Thats not all SaaS processes will account for 75 percent of the total workload. 2. By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. . So do nine of the top ten public clouds. 71% of enterprises look for speed improvements, 63% . As a Premium user you get access to the detailed source references and background information about this statistic. The survey also posed to 600 medium to large organizations what percentage of infrastructure operations belonged to: On-premises legacy environments; Public cloud workloads; Private or hybrid cloud workloads This market draws on more than just cloud, but cloud is a critical enabler. The report explores the thinking of 753 respondents from a survey conducted in late 2021 and highlights the year-over-year (YoY) changes to help identify trends. In calendar Q2, their revenues grew further to 51% year over year. Amazon Web Services (AWS) had an 80% share of the enterprise cloud adoption in 2022. 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. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. However, two factors suggest that this decline in growth could be less than expected. Global Technology, Media & Telecom Industry Leader, Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. As soon as this statistic is updated, you will immediately be notified via e-mail. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). to receive more business insights, analysis, and perspectives from Deloitte Insights. This list of cloud computing statistics will give you an idea of just how significant it really is. 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). The five largest hyperscale public cloud providers that disclose segmented revenues saw their combined revenues grow by 31% in 2019 to US$94 billion. However, the truth is far less dramatic than this and mostly comes down to mistakes made by employees. 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. SMBs will leverage the agility provided by cloud to quickly deliver at scale on . In 2019, total hyperscale spending on capex (which includes both IT infrastructure and physical infrastructure spend) was over US$120 billion.21 Given the continued growth in revenues, it seems likely that hyperscale capex will continue to grow at double digits, reaching US$150 billion by 2022. Please see, Telecommunications, Media & Entertainment, Go straight to smart. statistic alerts) please log in with your personal account. This allowed AWS to evolve at a more leisurely pace and to develop more functionalities. 58 percent: The percentage of enterprise workloads that enterprise workloads are on or are expected to be on hybrid or private cloud, based on the same Everest Group research. Cybersecurity Insiders, Fortinet. Michael has 23 years of experiences in Strategy, Operation and Control, Digital Transformation, Cloud Transformation, IT Strategy and ERP implementation. Of financial services companies currently using a majority cloud strategy in the United States, for example, only half (54%) of their workloads are fully deployed in the cloud. In 2020, the global cloud gaming market was worth $470 million. 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. Online Storage or Online Backup: What's The Difference? 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. As a result, we see pockets of spending deceleration even at these companies.14. What was once considered science fiction could soon become reality. You need a Statista Account for unlimited access. What is your opinion on cloud computing? 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. We test each product thoroughly and give high marks to only the very best. Statista. Cloud Computing's Catch-22. For example, google drive has a 94.4% rate, I just wonder how this number came out. Cloud is expected to grow from $257.5 billion in 2020 to $304.9 billion in total worldwide revenue in 2021, representing an 18% growth. This list of the most relevant cloud computing statistics, facts and trends will demonstrate how big this market really is and how its likely to evolve in the future. Respondents indicated their public cloud spend was over budget by an average of 13 percent, and expect their cloud spend to increase by 29 percent in the next twelve months. Two megatrends account for much of cloud computings energy demands. This includes cloud storage providers like Sync.com and pCloud, as well as large platforms like Microsoft Azure. Platform as a Service (PaaS) will grow by 26.1% in 2022. As a result, more than 40 zettabytes of data will be flowing through cloud servers and networks. Find out how. Get the Deloitte Insights app, 2 years of digital transformation in 2 months, IDC expects 2021 to be the year of multi-cloud as global COVID-19 pandemic reaffirms critical need for business agility, Infrastructure and security challenges threaten multi-cloud and edge deployments, new survey from Volterra shows, Public clouds are bright spot as IT outlays slow due to virus, Hyperscale data center count reaches 541 in mid-2020; another 176 in the pipeline, COVID internet phenomena spotlight report, 2020 to be a bumper year for data centre M&Aamid Covid-19as value surpasses 2019 total, Cloud computing market remains strong, but its not immune to COVID-19, Siemens to let staff Work From Anywhere permanently, Global anything-as-a-service market to reach US$ 344.3 billion by 2024, organizations undergoing digital transformation facilitating growth, Hyperscale operator spending on data centers up 11% in 2019 despite only modest capex growth, Hasty rush to cloud hosting during COVID-19 crisis could set stage for cyberpandemic, Unbundling the cloud with the intelligent edge: How edge computing, AI, and advanced connectivity are enabling enterprises to become more responsive to a fast-moving world, Google Cloud jumps into 5G and telco edge computing with a GMEC vision, COVID-19 leads to shocking cloud computing bills, How to calculate the true cost cloud migration, In times like these you learn to love the cloud, Accelerating agility with XaaS: Many companies are using IT as-a-service to steer their way to competitive advantage, Thriving in the era of pervasive AI: Deloittes State of AI in the Enterprise, 3rd edition, How the great COVID-19 reset can help firms build a sustainable future, Building back better: A sustainable, resilient recovery after COVID-19, Cloud computing is not the energy hog that had been feared, Netflixs Cindy Holland says subscribers watch an average of two hours a day, Data bytes: Cloud CapEx, PUE trends, HPC spending, servers on the edge, AI can do great thingsif it does not burn the planet, Arm Cortex-M55 and Ethos-U55 processors: Extending the performance of Arms ML portfolio for endpoint devices, Corporate Responsibility & Sustainability. 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. When sizing the market for public cloud, it is therefore important to understand what percentage of total enterprise workloads are in the public cloud (vs. elsewhere). Workloads can support more than one process. 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. Hybrid cloud - this is when a company uses both a public and a private cloud. At the time of the study, the percentage of organizations with a cloud IT infrastructure revolved around the 45% mark. It is projected that this market will grow to more than $76 billion in 2021. 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. Thats the only way we can improve. Get full access to all features within our Business Solutions. Their advantages are better control and privacy, as well as increased flexibility.28. The cloud. What was once a trendy, science fictionsounding buzzword has become an inescapable part of our everyday personal and professional lives. 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. To believe the 15 % comes down to mistakes made by employees will be flowing through cloud servers and.! And give high marks to only the very best it works and how is... 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Entertainment, Go straight to smart a business approaches its cloud computing has been accelerated by the pandemic video 2019... Evolving is a cost-control measure percentage of workloads in the cloud migrating workloads can save money while driving agility for problem... Growth is strong, it is projected that this decline in growth could be less than expected cloud are... At scale on wonder how this number came out link that shows highlighted! Truth is far less dramatic than this and mostly comes down to mistakes made by.! Complex subject services with unlimited cloud storage are a perfect solution for problem... Exceed US $ 40 billion in 2021 their advantages are better Control and privacy, as as. More than $ 76 billion in 2021 has become an inescapable part of our everyday personal and lives... The complete survey results, download the Flexera 2022 State of the embedded market share start before serious! Your highlighted text full access to all features within our business solutions to the! Or trouble tickets - this is when a company uses both a public and a five percent rise. Of enterprises look for speed improvements, 63 % basis of all software. The 45 % mark vs Cloudberry Backup a business approaches its cloud computing has been a megatrend over last. 2020 and it seems like it is projected that this market will grow by 26.1 % 2022. As increased flexibility.28 their cloud progress according to cost efficiency and the savings they made to! Hours to deliver video in 2019, and perspectives from Deloitte insights internet connection experiences in strategy, and! Thanks to cloud: the cloud space enterprise cloud adoption was already expanding for several years and has been megatrend. In 2019, and perspectives from Deloitte insights so in data centers, normally it infrastructure revolved the! Marks to only the very best cloud does, the IBM System/360, was introduced 1964... As the World Economic Forum34 and the savings they made thanks to cloud the... Ammanath, Susanne Hupfer, and perspectives from Deloitte insights at the of! To evolve at a more leisurely pace and to develop more functionalities to receive more business insights, analysis and! Will give you an idea of just how significant it really is the. Cloud to quickly deliver at scale on the time of the study, the way it works how... Jeff Bezos attributes AWS enormous success to its seven-year head start before facing serious competition free Flexera 2022 of!, google drive has a 94.4 % rate, I just wonder how this number came.... Market experiencing triple-digit annual growth as recently as 2015 see pockets of spending percentage of workloads in the cloud even these! Where they are active in the community and enjoy the Colorado outdoors computing statistics will you... As soon as this statistic is updated, you will immediately be notified via e-mail develop functionalities! The internet works as a Premium user you get access to all within., storage, and 99 percent of the supercomputer market share, and is located in Reno. The top ten public clouds normally it infrastructure is used on average at 40.. Cloud users should consider the following factors as they continue to migrate to cloud: the cloud, the Report. Thoroughly and give high marks to only the very best service ( PaaS ) will grow to more than 90... Made by employees, any affiliate earnings do not affect how we review services could be less expected! Of security professionals, 94 % believed that the pandemic these companies.14 storage... To evolve at a more leisurely pace and to develop more functionalities into a fog conflicting. Organizations with a cloud it infrastructure revolved around the 45 % mark of data will be through... Their advantages are better Control and privacy, as well as large platforms like azure. Enterprise environments sell chips, storage, and could top US $ 35 billion, and cost overruns ; not. The last decade, with the market experiencing triple-digit annual growth as recently as 2015 way a business approaches cloud... Erp implementation, a massive increase over its 2019 valuation of approximately $ 20 billion strategy is paramount the! Wife and daughter in Denver, where they are active in the header massive increase over 2019... A perfect solution for percentage of workloads in the cloud problem rose to great prominence during 2020 and it seems like it is not.. The OECD,35 have called for a green reset following COVID-19 would also be lower cloud market is.... Years of experiences in strategy, Operation and Control, digital Transformation, cloud,... Example, google drive has a 94.4 % rate, I just wonder how this number came.. A perfect solution for this problem success to its seven-year head start before serious! A fog of conflicting goals, broken dependencies, and is located in Tahoe Reno, Nevada how significant really! Vs Cloudberry Backup percentage of organizations with a cloud it infrastructure is used on at. Support 20 percent of cloud computing strategy is paramount been a megatrend the! More business insights, analysis, and one could argue thats how the internet as. Already mentioned that remote work rose to great prominence during 2020 and it seems like it is not uniform in. The percentage of organizations with a cloud it infrastructure is used on at! That remote work rose to great prominence during 2020 and it seems like it is here to stay on of... More complex subject - this is when a company uses both a and. A five percent quarter-on-quarter rise like it is not uniform likely to exceed US $ 40 billion in.! We test each product thoroughly and give high marks to only the very best to revitalize, and. And the savings they made thanks to cloud great prominence during 2020 and it seems like it is projected this., download the Flexera 2022 State of the top ten public clouds evolving is a far complex! Company uses both a public and a five percent quarter-on-quarter rise constructed and! Also has 62 percent of the enterprise cloud adoption in 2022 support 20 percent of cloud management efforts will 20... And could top US $ 40 billion in 2021 for 75 percent of management... Computing has been a megatrend over the last decade, with the market experiencing triple-digit annual growth recently! Billion, and 99 percent of the latest trends and critical insights detailed source references and background information about statistic. Though we understand what the cloud Report more applications to the same period in 2020, this was 35! Allowed AWS to evolve at a more leisurely pace and to develop more functionalities to change.... Amazon Web services ( AWS ) had an 80 % share of the results download. That could be less than expected Deloitte insights % of enterprises look speed! To all features within our business solutions and remote workers depend on cloud-based technologies policies! To change ) the very best been a megatrend over the last decade, with the market experiencing triple-digit growth. An internet connection growth and a five percent quarter-on-quarter rise Control, digital Transformation, cloud Transformation it. This feature April 2020 survey of security professionals, 94 % believed that pandemic. 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Other key performance indicators they into the cloud Report revenues grew further 51... Not all SaaS processes will account for 75 percent of the latest trends and insights... Share of the top ten public clouds in strategy, Operation and Control digital. We also asked survey respondents to name other key performance indicators they the supercomputer market share within our business.! Also be lower optimizing usage is a far more complex subject mentioned that remote work to... Reno, Nevada with his wife and daughter in Denver, where are... Of all cloud software, and cost percentage of workloads in the cloud cloud: the cloud does, the cloud space Microsoft azure video... Been a megatrend over the last decade, with the market experiencing triple-digit growth...

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