Cloud Computing Market Share

Statistics for the 2023 & 2024 Cloud Computing market share, created by Mordor Intelligence™ Industry Reports. Cloud Computing share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Cloud Computing Industry

The cloud computing market is experiencing notable fragmentation, with numerous players competing for market share. Many of these companies are forming strategic partnerships and expanding into new markets to strengthen their positions. Key players include industry leaders such as Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce. The major players in this market include Amazon Web Services Inc., Google LLC Ltd, Microsoft Corporation, Alibaba Cloud, and Salesforce Inc.

  • June 2024: Oracle and Google Cloud announced a strategic partnership, allowing customers to integrate Oracle Cloud Infrastructure (OCI) with Google Cloud technologies. This collaboration aims to accelerate the migration and modernization of applications. Initially, Google Cloud's Cross-Cloud Interconnect will be available in 11 global regions, enabling customers to deploy general workloads without cross-cloud data transfer fees. Additionally, later this year, Oracle Database@Google Cloud will be introduced. This new offering will provide the highest Oracle database performance and network capabilities, with feature and pricing parity with OCI.
  • May 2024: Applied Cloud Computing (ACC), a cloud consulting and services company, announced a strategic partnership with Oracle Inc., a prominent cloud infrastructure provider, and RackWare Inc., a specialist in enterprise cloud migration and management. This partnership aims to deliver a comprehensive solution for businesses to migrate and manage their workloads in the cloud, including using Oracle Cloud Infrastructure (OCI).

Cloud Computing Market Leaders

  1. Amazon Web Services, Inc

  2. Google LLC

  3. Microsoft Corporation

  4. Alibaba Cloud

  5. Salesforce, Inc

*Disclaimer: Major Players sorted in no particular order

Cloud Computing Market Concentration

Cloud Computing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)