Visit the cloud economics webpage today. 70% of companies using the cloud plan to increase their budgets in the future. 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. Postpandemic, all of these factors will likely be even more challenging. 80 percent of business impact from an outage will come from 20 percent of the systems affected by the outage. "That means that there is more complexity to manage . As a result, we see pockets of spending deceleration even at these companies.14. Its huge. Additionally, 82% of the workload will reside on the cloud. Organizations are moving to the cloud because of its scalability, economy and reachand theyre using a variety of metrics to measure its resulting business value. Well be looking at 26 of the most interesting, relevant and game-changing stats all across the industry, from cloud adoption rates and security concerns, to enterprise infrastructure, cloud computing spending and much more. (Source . Cloud adoption was already expanding for several years and has been accelerated by the pandemic. In that regard, cloud computing can help, not hinder, progress toward a more sustainable future. This statistic offers a forecast of cloud workloads as a percentage of total data center workloads, from 2011 to 2021. Cloud computing output rose by 600% between 2010 and 2018, while its energy use rose only 6%.36. Traditional, non-cloud-enabled datacenter deployments were next, with 22% penetration . Over time, transistors keep getting smaller. Cloud-first policies and cloud migration are top of mind for senior IT leaders, particularly in enterprise environments. Total 2020 revenues are likely to exceed US$35 billion, and could top US$40 billion in 2021. Cloud data centers will process 94 percent of all workloads in 2021. 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. The appropriately named Citadel is the largest data center ever constructed, and is located in Tahoe Reno, Nevada. The advantages of using a public cloud include lower costs, no need for maintenance, high reliability and almost unlimited scalability.28, Private clouds are used by just one organization. Public clouds are owned and operated by third-party service providers and are the most common. To use individual functions (e.g., mark statistics as favourites, set The ability to solve complex issues is critical. But its shifting. 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. He has also served on the board of the Colorado Technology Association. According to the 2020 Cloud Infrastructure Report released today by cloud transformation service provider AllCloud, by the end of 2020, 85 percent of businesses will have a majority of their workloads running in the cloud.The report documents the results of a survey that was administered to over 150 IT professionals in U.S. companies with at least 300 employees. The likely reason: COVID-19, lockdowns, and work from anywhere (WFA) have increased demand, and we predict that revenue growth will remain at or above 2019 levels (that is, greater than 30%) for 2021 through 2025 as companies move to cloud to save money, become more agile, and drive innovation. Thanks to COVID-19 driving enterprises toward cloud, the cloud market will likely emerge from the pandemic stronger than ever. As noted above, increases in cloud usage mean increases in the cyberattack surface, making security more important than everespecially given the growth in usage driven by COVID-19. These 26 cloud computing statistics are great indicators where the cloud service market is headed. We are independently owned and the opinions expressed here are our own. As a Premium user you get access to background information and details about the release of this statistic. 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. Statista. Otherwise, it's the same thing. Patrick is the cloud leader for Deloitte Consulting LLPs Technology, Media, & Telecom industry practice, as well as the Technology sector. In fact, according to the survey, 27 percent of organizations already have moved, or plan to move, apps/workloads from the cloud back on-prem, a retrograde maneuver known as repatriation. A . Your email address will not be published. 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). Then you can access your favorite statistics via the star in the header. A recent survey from LogicMonitor found that 83% of enterprise workloads are now in the cloud. Workload operations should . However, a workload should have defined boundaries regarding . An overwhelming majority of enterprises continue to move workloads from the cloud back to on-premises data centers, although it is a smaller percentage than before, according to IDG research. With an average compound annual growth rate (CAGR) of 21 percent, this market is predicted to grow to $223.98 billion in revenue by 2028.15. Azure (80 percent running workloads) was the only provider to increase their adoption rate YoY. Cloud data centers will process 94 percent of all workloads in 2021. Cloud migration isnt just about moving to the cloud; it entails a state of continuous reinvention if cloud is to reduce costs and create new opportunities. That's not all SaaS processes will account for 75 percent of the . Almost a quarter said that the increased threat is critical and imminent. Only 15% believed that the cyberthreat will return to previous levels postpandemic, while five out of six believed that the new threat level is permanent.27, Cloud costs and benefits. A multi-cloud strategy revolves around utilizing multiple cloud service providers such as Google Cloud or AWS. 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. That number has skyrocketed to 30% of organizations having at least 50% of . Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 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. 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 viewed at the total company level, very few systems will be only on-premise, only public cloud, or only private cloud. In 2017, the global cloud storage market was worth around $30 billion and it steadily rose to more than $61 billion in 2020. This adoption has been trending for a reason, as there are many . WORKLOADS IN THE CLOUD What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? 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. 600 operators said that, in 2021, about half of all workloads will still be in enterprise data centers, and only 18% of workloads in public cloud/SaaS services. We test each product thoroughly and give high marks to only the very best. statistic alerts) please log in with your personal account. (2021). Of course, cloud is not the only solution in play. Highlights include: 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. Netflix used 451,000 megawatt hours to deliver video in 2019, and Netflix viewers consumed about 112 billion hours during the year. Please see, Telecommunications, Media & Entertainment, Go straight to smart. . The respondentsglobal cloud decision makers and usersrevealed their experiences with cloud migration, cloud computing, and their insights about the public, private and multi-cloud market. 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. As one example, the next-generation AI GPU Tesla T4 from Nvidia doubled the energy efficiency for inference AI compared to its predecessor, Tesla P4.45, Moving some AI processing to the edge. By some metrics, the cloud market grew even faster in 2020 than in 2019, even during the steepest economic contraction in modern history. Much like the practical use of "workload" in other realms, it is focused primarily on the work itself, and what is used to achieve the work. According to the Cloud Infrastructure Report, featuring responses from more than 150 IT decision-makers at organizations where at least 300 employees were using cloud infrastructure, 85 percent of organizations expect to shift the majority of their workloads cloudwards by the end of the year, while just shy of a quarter (24 percent) plan to be "cloud-only". Technology is evolving rapidlyand it's important to stay on top of the latest trends and critical insights. As recently as 2018, cloud computing companies were attracting criticism for their energy consumption, with some assigning them the epithet energy hogs. More recent articles, however, have pointed out that these concerns are unjust. And nearly two-thirds have said they haven't achieved the results expected of their cloud initiatives to date. . Without sufficient capacity . Access to this and all other statistics on 80,000 topics from, Show sources information 2023. Chart. Workloads can also depend on other shared assets or larger platforms. Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. Therefore, storage services with unlimited cloud storage are a perfect solution for this problem. Thirty-three percent reported spending $1.2 million or more on Google Cloud Platform. This means that while overall growth is strong, it is not uniform. Innovation, transformation, and leadership occur in many ways. 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. Patrick lives with his wife and daughter in Denver, where they are active in the community and enjoy the Colorado outdoors. By some metrics, growth was more or less flat in 2020; by some other ways of measuring growth, it increased faster than in 2019, even in the face of the steepest economic contraction in modern history. Would appreciate it if you can explain it , thanks! Weve seen two years of digital transformation in two months.Microsoft CEO Satya Nadella1. DTTL and each of its member firms are legally separate and independent entities. 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. 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. 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. Learn more about how Statista can support your business. Its largest currently built facility covers 1.3 million square feet, while the full campus will house eight separate data center structures and will stretch over 7.2 million square feet of server space upon completion.25, With an overwhelming 94.44 percent, Google Drive is by far the most used cloud storage service in the world. In the RightScale 2018 State of the Cloud Report, 96 percent of IT professionals surveyed said their companies were using cloud computing services, and 92 percent were using the public cloud.On average, organizations are running about 40 percent of their workloads in the cloud, and that percentage is growing. Please enable JavaScript to view the site. Just 3% of organizations saw 51-60% of workloads impacted based on the data from 2021. 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. You need a Statista Account for unlimited access. Many times, discussions will assume that a workload is only one item . 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 virtual computer can be streamed to any device you choose, which promises to bring a revolution in cloud computing, if everything works as planned. Flexible consumption models, also known as everything (or anything) as a service or XaaS, have become an increasingly important strategic shift for enterprises across all industries. 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. Please see About Deloitteto learn more about our global network of member firms. IT Visibility, IT Asset Management, Cloud Management. In 88 percent of cases, human error is to blame for cloud breaches, not cloud providers. Cloud Usage Statistics 13. So do nine of the top ten public clouds. Beena Ammanath, Susanne Hupfer, and David Jarvis. Simply select text and choose how to share it: Email a customized link that shows your highlighted text. . 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. 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. Economies of scale usually matter, and while it isnt necessarily winner take all, it may be winner take most., The market for hyperscale cloud services might be shifting from a global market to a decoupled market split between China, served mainly by China-based providers, and the rest of the world (ROW), served primarily by US-owned hyperscale companies. The mainframe has been and will continue to be a mission-critical . Machine learning forms the basis of many cloud technologies today, and a lot of organizations and systems use it to automate various processes. 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. . Linux's strength comes from its open-source design and . 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). Hybrid cloud can take many forms, such as a combination of private with public cloud or public cloud with on-premise resources,2 but all offer the benefits of multiple deployment models. Currently a managing partner in the Japanese firm, Nobuo brings over 25 years of experience in technology and management consulting focusing on the electronics industry. If you are interested in finding out more about cloud security, we have an excellent article detailing cloud security measures for cloud storage services. With 94 percent [14] of all enterprises using cloud services in some form or another, its safe to say that cloud computing is here to stay and will only get even bigger in the future. 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. Michael also lead the Strategic Alliance with digital giants including AWS, Alibaba, Huawei, etc. As mentioned, Linux runs 90 percent of the public cloud workload. For example, google drive has a 94.4% rate, I just wonder how this number came out. 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. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). Though chip spending and cloud revenues are not perfectly correlated, they are connected in the long run, with growth in chip revenues usually being a leading indicator: The chips need to be bought and installed in the data centers before the cloud revenues start flowing.9. 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. 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 a note, many cloud forecasts are black boxes, based on proprietary information that cannot be replicated.5 However, metrics such as hyperscale cloud revenues, data center chip revenues, and cloud traffic are all publicly available, and anyone can reproduce our work and see the same trends. Thats three times the size of the second largest market, Western Europe, which has 21 percent of the market total. The changes that Gartner says are on the horizon will mean major shifts in the way the world does business over the next few years, the results of which Gartner said will be more than 85% of . Thank you for sharing this great article! See Terms of Use for more information. May 23, 2022. Get full access to all features within our Business Solutions. As an example, Siemens is allowing employees to WFA, where feasible and reasonable, two to three days per week going forward; this policy applies to more than 140,000 employees at about 125 locations in 43 countries.16 Continuing or growing WFA arrangements such as this could strengthen ongoing demand for 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? 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. 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. These servers host data that you can access via an internet connection. What is your opinion on cloud computing? The five largest hyperscale public cloud providers that disclose segmented revenues saw their combined revenues grow by 31% in 2019 to US$94 billion. This is because companies can't afford to run out of server capacity. He earned his masters and bachelors degrees from Texas A&M University, and completed executive education programs at Babson College and Arizona State Universitys Thunderbird School of Global Management. See something interesting? As a result, enterprises are rapidly increasing public cloud spend and workload volumes. 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. And the siloed and disjointed approach of yesterday will no longer be effective in todays fast-evolving digital world. This could be a web service, application server, database server, or any other business process. As companies move more applications to the cloud, the cloud market is booming. With tools such as Slack (and its many alternatives), working from the comfort of your home is easier than ever before. 80 percent of cloud management efforts will support 20 percent of the service incidents or trouble tickets. To compete in todays game, organizations must have the cloud play a role in their strategy. Improving special AI chips. Let us know if you liked the post. Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. Platform as a Service (PaaS) will grow by 26.1% in 2022. Show publisher information This momentum will continue as companies plan to increase their cloud adoption in the wake of COVID-19.. Fifty-two percent spend $1.2 million or more annually on AWS. For computational environments, a workload is an expression of an ongoing effort of an application AND what is being requested of it. "It's fundamental to computing.". One thing is certain: to remain competitive and maximize the available advantages, organizations must make strategic decisions about cloud computing, cloud architecture, usage of public clouds, effective tooling, cloud migration and cost management. On-premise versus cloud workload. For their part, cloud users should consider the following factors as they continue to migrate to cloud: The cloud migration strategy. Survey respondents ranked data warehouse, relational database as a service (DBaaS) and container-as-a-service (CaaS) in the top three. However, many other companies sell chips, storage, and connectivity solutions into the cloud space. In 2020, the global cloud gaming market was worth $470 million. Get the latest insights in cloud computing trends and cloud migration statistics. Accessed March 01, 2023. https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/. While that could be true, new research from Synergy . Cloud will no longer be considered a location just where data is stored and accessed, but rather an operating model. Looking at the global cloud market by region, North America is leading the race, with 61 percent of the market total in 2020. SMBs will leverage the agility provided by cloud to quickly deliver at scale on . 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. A subsidiary of Amazon, AWS currently holds 31 percent of the market, followed by Microsoft Azure at 20 percent and Google Cloud at seven percent. Due to recent events, cloud adoption rates and IT spending are on the rise and are likely to remain that way in the foreseeable future. You need at least a Starter Account to use this feature. Its market value is estimated at more than $90 billion19, a massive increase over its 2019 valuation of approximately $20 billion. As of 2020, roughly 41% of enterprise workloads were in the cloud. By 2022, the adoption of cloud technologies by other countries will fall behind the US by several years. 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. What was once considered science fiction could soon become reality. Criteria for which workloads move to cloud. Please create an employee account to be able to mark statistics as favorites. In, Cybersecurity Insiders, und Fortinet. 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. Data Disk IOPS Consumed Percentage and Data Disk Bandwidth Consumed Percentage; At the VM level: VM Cached IOPS . 57% of businesses will migrate their workloads to the cloud in 2022. Moving to SaaS solutions eliminates the resources required to manage equivalent on-premises software packages. 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. In recent years, this percentage has continued to increase. 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? 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. As articulated by Healthcare IT News: While cloud computing better optimizes the use of resources in health care, it also creates significant risks. 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. Roughly 41 % of organizations and systems use it to automate various processes e.g. percentage of workloads in the cloud statistics. That there is more complexity to manage assigning them the epithet energy hogs that shows your highlighted text sell,... 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