This Cloud Applications market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The cloud applications market size has grown rapidly in recent years. It will grow from $325.27 billion in 2024 to $385.98 billion in 2025 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to increased adoption of artificial intelligence and machine learning, growth of IoT devices and edge computing, remote work and digital transformation, increasingly rely on cloud service providers, and hybrid and multi-cloud strategies.
The cloud applications market size is expected to see rapid growth in the next few years. It will grow to $755.85 billion in 2029 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to scalability and cost efficiency, rapid deployment and time-to-market, increasing business productivity, global accessibility and collaboration, increased digitalization. Major trends in the forecast period include integration of AI, ML, and IoT with cloud computing across industry verticals, product innovation, strategic partnership, expansion of AI and machine learning capabilities, technological advancements.
The increasing adoption of DevOps toolchains is expected to drive the growth of the cloud application market in the coming years. DevOps toolchains consist of integrated tools and processes that automate and streamline software development, testing, deployment, and monitoring. By automating various aspects of the software development lifecycle, from code integration to testing and deployment, DevOps toolchains accelerate the development and release of cloud applications. These automation features enable faster deployment and updates of cloud applications, reducing time-to-market and enhancing the ability to respond to customer needs. This efficiency makes cloud applications more appealing to businesses. For example, in January 2023, the InfoSec Institute, a US-based technology training organization, reported that by 2023, 60% of businesses would integrate infrastructure automation technologies into their DevOps toolchains, improving application deployment efficiency by 25%. As a result, the growing adoption of DevOps toolchains is fueling the growth of the cloud application market.
Leading companies in the cloud applications sector are innovating with advanced solutions such as cloud mesh to improve application-centric connectivity across hybrid and multi-cloud environments. Cloud mesh, an advanced networking architecture, facilitates seamless integration and communication between multiple cloud environments. For instance, IBM launched the IBM Hybrid Cloud Mesh in May 2023. This solution simplifies, scales, and secures application connectivity across hybrid and multi-cloud environments, addressing the challenge of isolating IT environments and accelerating application deployment and management. It aims to meet the rising demand for enhanced multi-cloud and hybrid-cloud connectivity, visibility, and governance.
In January 2024, Accenture plc, an Ireland-based IT company, acquired NaviSite Inc. for an undisclosed sum. The acquisition is designed to enhance Accenture's managed services offerings, helping clients across North America modernize their IT infrastructure for the AI-driven era. By incorporating NaviSite’s cloud expertise and adding 1,500 professionals to its team, Accenture strengthens its Infrastructure Engineering practice and accelerates digital transformation. NaviSite Inc., a US-based technology company, specializes in cloud management services, including migration, optimization, and ongoing management to support businesses in their transition to the cloud.
Major companies operating in the cloud applications market are Google LLC, Microsoft Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Salesforce.com Inc., SAP SE, Adobe Inc., Intuit Inc., ServiceNow Inc., OpenText Corporation, Workday Inc., Infor Global Solutions Inc., Citrix Systems Inc., The Sage Group plc, Zoho Corporation Pvt. Ltd., IFS AB (Industrial and Financial Systems), Epicor Software Corporation, Box Inc., Upland Software Inc., Tidip Technologies Ltd., Vultr Holdings Corporation, pCloud AG, Cloudflex Computing Services Limited.
North America was the largest region in the cloud application market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud applications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud applications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cloud applications are software applications accessed and utilized primarily via the internet, rather than being locally installed on a user's device. This allows users to access and use applications through web browsers or dedicated applications without the need for local software installation or management.
The primary players in the cloud applications market include small and medium-sized enterprises (SMEs) and large enterprises. SMEs are defined as businesses with revenues, assets, or a number of employees below a specific threshold. These applications encompass a wide range, including customer relationship management, enterprise resource management, human capital management, content management, collaboration and productivity suites, supply chain management, business intelligence and analytics, among others. They cater to various sectors such as banking, financial services, and insurance, energy and utilities, government and public sector, health and life sciences, manufacturing, retail and consumer goods, telecommunications, transportation and logistics, travel and hospitality, and more.
The cloud applications market research report is one of a series of new reports that provides cloud applications market statistics, including cloud applications industry global market size, regional shares, competitors with a cloud applications market share, detailed cloud applications market segments, market trends and opportunities, and any further data you may need to thrive in the cloud applications industry. This cloud applications market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cloud applications market includes revenues earned by entities through business intelligence and analytics, software-as-a-service, infrastructure-as-a-service, and data storage solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The cloud applications market size has grown rapidly in recent years. It will grow from $325.27 billion in 2024 to $385.98 billion in 2025 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to increased adoption of artificial intelligence and machine learning, growth of IoT devices and edge computing, remote work and digital transformation, increasingly rely on cloud service providers, and hybrid and multi-cloud strategies.
The cloud applications market size is expected to see rapid growth in the next few years. It will grow to $755.85 billion in 2029 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to scalability and cost efficiency, rapid deployment and time-to-market, increasing business productivity, global accessibility and collaboration, increased digitalization. Major trends in the forecast period include integration of AI, ML, and IoT with cloud computing across industry verticals, product innovation, strategic partnership, expansion of AI and machine learning capabilities, technological advancements.
The increasing adoption of DevOps toolchains is expected to drive the growth of the cloud application market in the coming years. DevOps toolchains consist of integrated tools and processes that automate and streamline software development, testing, deployment, and monitoring. By automating various aspects of the software development lifecycle, from code integration to testing and deployment, DevOps toolchains accelerate the development and release of cloud applications. These automation features enable faster deployment and updates of cloud applications, reducing time-to-market and enhancing the ability to respond to customer needs. This efficiency makes cloud applications more appealing to businesses. For example, in January 2023, the InfoSec Institute, a US-based technology training organization, reported that by 2023, 60% of businesses would integrate infrastructure automation technologies into their DevOps toolchains, improving application deployment efficiency by 25%. As a result, the growing adoption of DevOps toolchains is fueling the growth of the cloud application market.
Leading companies in the cloud applications sector are innovating with advanced solutions such as cloud mesh to improve application-centric connectivity across hybrid and multi-cloud environments. Cloud mesh, an advanced networking architecture, facilitates seamless integration and communication between multiple cloud environments. For instance, IBM launched the IBM Hybrid Cloud Mesh in May 2023. This solution simplifies, scales, and secures application connectivity across hybrid and multi-cloud environments, addressing the challenge of isolating IT environments and accelerating application deployment and management. It aims to meet the rising demand for enhanced multi-cloud and hybrid-cloud connectivity, visibility, and governance.
In January 2024, Accenture plc, an Ireland-based IT company, acquired NaviSite Inc. for an undisclosed sum. The acquisition is designed to enhance Accenture's managed services offerings, helping clients across North America modernize their IT infrastructure for the AI-driven era. By incorporating NaviSite’s cloud expertise and adding 1,500 professionals to its team, Accenture strengthens its Infrastructure Engineering practice and accelerates digital transformation. NaviSite Inc., a US-based technology company, specializes in cloud management services, including migration, optimization, and ongoing management to support businesses in their transition to the cloud.
Major companies operating in the cloud applications market are Google LLC, Microsoft Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Salesforce.com Inc., SAP SE, Adobe Inc., Intuit Inc., ServiceNow Inc., OpenText Corporation, Workday Inc., Infor Global Solutions Inc., Citrix Systems Inc., The Sage Group plc, Zoho Corporation Pvt. Ltd., IFS AB (Industrial and Financial Systems), Epicor Software Corporation, Box Inc., Upland Software Inc., Tidip Technologies Ltd., Vultr Holdings Corporation, pCloud AG, Cloudflex Computing Services Limited.
North America was the largest region in the cloud application market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud applications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud applications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cloud applications are software applications accessed and utilized primarily via the internet, rather than being locally installed on a user's device. This allows users to access and use applications through web browsers or dedicated applications without the need for local software installation or management.
The primary players in the cloud applications market include small and medium-sized enterprises (SMEs) and large enterprises. SMEs are defined as businesses with revenues, assets, or a number of employees below a specific threshold. These applications encompass a wide range, including customer relationship management, enterprise resource management, human capital management, content management, collaboration and productivity suites, supply chain management, business intelligence and analytics, among others. They cater to various sectors such as banking, financial services, and insurance, energy and utilities, government and public sector, health and life sciences, manufacturing, retail and consumer goods, telecommunications, transportation and logistics, travel and hospitality, and more.
The cloud applications market research report is one of a series of new reports that provides cloud applications market statistics, including cloud applications industry global market size, regional shares, competitors with a cloud applications market share, detailed cloud applications market segments, market trends and opportunities, and any further data you may need to thrive in the cloud applications industry. This cloud applications market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cloud applications market includes revenues earned by entities through business intelligence and analytics, software-as-a-service, infrastructure-as-a-service, and data storage solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cloud Applications Market Characteristics3. Cloud Applications Market Trends and Strategies4. Cloud Applications Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Cloud Applications Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Cloud Applications Market34. Recent Developments in the Cloud Applications Market
5. Global Cloud Applications Growth Analysis and Strategic Analysis Framework
6. Cloud Applications Market Segmentation
7. Cloud Applications Market Regional and Country Analysis
8. Asia-Pacific Cloud Applications Market
9. China Cloud Applications Market
10. India Cloud Applications Market
11. Japan Cloud Applications Market
12. Australia Cloud Applications Market
13. Indonesia Cloud Applications Market
14. South Korea Cloud Applications Market
15. Western Europe Cloud Applications Market
16. UK Cloud Applications Market
17. Germany Cloud Applications Market
18. France Cloud Applications Market
19. Italy Cloud Applications Market
20. Spain Cloud Applications Market
21. Eastern Europe Cloud Applications Market
22. Russia Cloud Applications Market
23. North America Cloud Applications Market
24. USA Cloud Applications Market
25. Canada Cloud Applications Market
26. South America Cloud Applications Market
27. Brazil Cloud Applications Market
28. Middle East Cloud Applications Market
29. Africa Cloud Applications Market
30. Cloud Applications Market Competitive Landscape and Company Profiles
31. Cloud Applications Market Other Major and Innovative Companies
35. Cloud Applications Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Cloud Applications Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cloud applications market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cloud applications ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cloud applications market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Organization: Small and Medium-Sized Enterprises; Large Enterprises2) By Applications: Customer Relationship Management; Enterprise Resource Management; Human Capital Management; Content Management; Collaboration and Productive Suites; Supply Chain Management; Business Intelligence and Analytics; Other Applications
3) By Verticals: Banking Financial Services and Insurance; Energy and Utilities; Government and Public Sector; Healthcare and Life Sciences; Manufacturing; Retail and Consumer Goods; Telecommunication; Transportation and Logistics; Travel and Hospitality; Other Verticals
Subsegments:
1) By Single-Use CIP: Pre-Mixed Cleaning Solutions; Acid-Based Cleaning Solutions; Alkali-Based Cleaning Solutions; Disposable Cleaning Systems; Single-Use Pumping Systems; Disposable Filters and Components.2) By Reuse CIP: by Multi-Stage CIP Systems; Manual Multi-Stage Systems; Automated Multi-Stage Systems; Closed Loop CIP Systems; Continuous Flow Systems; Recirculation Systems.
Key Companies Mentioned: Google LLC; Microsoft Corporation; International Business Machines Corporation (IBM); Cisco Systems Inc.; Salesforce.com Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Cloud Applications market report include:- Google LLC
- Microsoft Corporation
- International Business Machines Corporation (IBM)
- Cisco Systems Inc.
- Salesforce.com Inc.
- SAP SE
- Adobe Inc.
- Intuit Inc.
- ServiceNow Inc.
- OpenText Corporation
- Workday Inc.
- Infor Global Solutions Inc.
- Citrix Systems Inc.
- The Sage Group plc
- Zoho Corporation Pvt. Ltd.
- IFS AB (Industrial and Financial Systems)
- Epicor Software Corporation
- Box Inc.
- Upland Software Inc.
- Tidip Technologies Ltd.
- Vultr Holdings Corporation
- pCloud AG
- Cloudflex Computing Services Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 385.98 Billion |
Forecasted Market Value ( USD | $ 755.85 Billion |
Compound Annual Growth Rate | 18.3% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |