Global Cloud Infrastructure Services Market Overview

The global cloud infrastructure services market industry was valued at USD 142.35 billion in 2024 and is projected to grow to USD 158.89 billion in 2025, reaching USD 396.01 billion by 2032, at a CAGR of 13.9% during the forecast period (2025–2032). This growth is driven by increasing cloud adoption, digital transformation, and demand for scalable IT environments.

North America dominated the global market with a 40.45% share in 2024, supported by strong investments in cloud platforms, enterprise digitization, and regulatory clarity.

Key Players:

• Amazon Web Services (AWS)
• Microsoft Azure
• Google Cloud Platform (GCP)
• IBM Cloud
• Oracle Cloud Infrastructure
• Alibaba Cloud
• Salesforce
• SAP

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Market Dynamics

Key Growth Drivers

• Digital Transformation InitiativesEnterprises are shifting from on-premise to cloud systems to enhance agility, reduce costs, and improve time to market.
• Multi-Cloud and Hybrid Cloud AdoptionOrganizations increasingly deploy multi-cloud and hybrid cloud strategies to boost resilience, reduce vendor dependence, and meet compliance requirements.
• Rise in Data-Driven TechnologiesThe growth of big data, AI, and IoT is driving demand for high-performance cloud infrastructure for storage, processing, and analytics.