In 2021, 63 percent of respondents expect to be running 41 percent or more of their workloads in public cloud, indicating that adoption of public cloud will only continue. Statistics On Cloud Service Providers. 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. Survey respondents ranked data warehouse, relational database as a service (DBaaS) and container-as-a-service (CaaS) in the top three. Crucial issues such as security, compliance and location mean that many enterprises can't simply move data or workloads into the public cloud. 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. Technology is evolving rapidlyand it's important to stay on top of the latest trends and critical insights. Access to this and all other statistics on 80,000 topics from, Show sources information The five largest hyperscale public cloud providers that disclose segmented revenues saw their combined revenues grow by 31% in 2019 to US$94 billion. 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. 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. Are you interested in testing our business solutions? This adoption has been trending for a reason, as there are many . First, although lockdowns are unlikely to be as uniform as they were earlier in 2020, flareups in the pandemic and more-localized lockdowns are still driving WFA and cloud growth. Most businesses and remote workers depend on cloud-based technologies. By 2024, in contrast, more than 1.5 billion devices will have dedicated edge AI chips (called neural processing units, or NPUs) in them by 2023.46 These NPUs, mainly used for inference, will likely reduce the demand for energy over time: They tend to be more efficient than the chips in data centers, and they eliminate the need to send large data files up to the cloud, which consumes more energy. But its shifting. . 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. May 31, 2021. We test each product thoroughly and give high marks to only the very best. AWS holds the next largest percentage at 32%. There are three main types of cloud computing deployments: public cloud, private cloud and hybrid cloud. 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. Data Disk IOPS Consumed Percentage and Data Disk Bandwidth Consumed Percentage; At the VM level: VM Cached IOPS . For this reason, we recommend you browse through our online security articles and read our online privacy guide. Public clouds are owned and operated by third-party service providers and are the most common. What was once considered science fiction could soon become reality. [2] According to European organizations, migrating more workloads to the cloud is the most important cloud initiative. Their advantages are better control and privacy, as well as increased flexibility.28. As companies move more applications to the cloud, the cloud market is booming. Online Storage or Online Backup: What's The Difference? ", Vendor market share in cloud infrastructure services market worldwide 2017-2022, Amazon Web Services: quarterly revenue 2014-2022, Public cloud services market size 2017-2023, Revenue of Salesforce.com broken down by cloud service 2015-2022. 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. Cloudwards.net may earn a small commission from some purchases made through our site. Would appreciate it if you can explain it , thanks! We hope that you have found these cloud computing stats and trends both interesting and fun. 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. According to a deep-packet inspection report on network traffic during the period from February 1 to April 19, 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%.10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, rose by almost exactly 100%. 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 . The two largest hyperscale providers accounted for 78% of all revenues among the top five hyperscale providers in 2019, and the largest chip company accounted for 82% of total data center semiconductor revenue in the same year.17 At least so far, the effect of COVID-19 has not led to increasing concentration; indeed, the leading hyperscale providers market share declined slightly (bytwo to seven percentage points) during the pandemic-related surge in cloud growth. 57% of businesses will migrate their workloads to the cloud in 2022. (2021). Accessed March 01, 2023. https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/. On average, using the public cloud for office productivity applications emits about6 7 kg of CO2 per employee per year, while a nonvirtualized on-premise solution would be responsible for nearly 30 kg of CO2 per employee per year.37 In the consumer world, as of 2019, viewing a two-hour Netflix movie consumed just over eight watt-hours of energy from Netflix and its distribution partners.38 This is a fraction of the energy needed to drive to a movie theater or even of taking public transit. Workloads can also depend on other shared assets or larger platforms. Consequently, several noteworthy cloud computing trends have emerged, so let us take a look at their impact and development. As just one example, the health care industry, which has been among the fastest to shift to cloud during the pandemic, will likely increase its exposure to new vulnerabilities, especially if the migration is not done properly. Hybrid cloud - this is when a company uses both a public and a private cloud. The intelligent edge places computing power, specifically AI computing power, not in centralized data centers but closer to the end user, typically less than 50 kilometers. 10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, . The COVID-19 pandemic profoundly affected many aspects of our lives, and work was no exception. This takes into account video streaming behemoth Netflix, established services like HBO and relative newcomers such as Disney+. For cloud providers, artificial intelligence (AI) apps and dev tools are critical to attracting and maintaining enterprise customers and require investment or acquisition.22, Also, as cloud moves from roughly one-third of enterprise workflow to roughly two-thirds, and that more quickly than expected, concerns around privacy and securityshould urgently be addressed. Today, a state-of-the-art 10-nanometer (nm) semiconductor device fabrication node is about 2030 times more power-efficient than a 90-nm node from 15 years ago.42 Over time, we expect data center chips to keep becoming still more efficient. Methodology. 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. Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. KPIs for measuring cloud adoption success. This rapid level of growth and migration . Cybersecurity Insiders, and Fortinet. 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? Further, not only is clouds energy use growing more slowly than its computing output, but cloud computing often uses less energy than the noncloud alternative. In just the first four months of 2020, the value of completed data center acquisitions, at US$7.5 billion in only 28 deals, was greater than in all of 2019.13, Although cloud is growing rapidly overall, it serves multiple industries, many of which have cut spending sharply. 3. 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. Plus, all of your favorite online streaming content is hosted on cloud servers, whether its a Netflix series, your Spotify playlist or a YouTube channel. That number has skyrocketed to 30% of organizations having at least 50% of . Innovation, transformation, and leadership occur in many ways. 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. Nominations are now open for our 2022 ranking! The mainframe has been and will continue to be a mission-critical . How to Access the Deep Web and the Dark Net, How to Securely Store Passwords in 2023: Best Secure Password Storage, How to Create a Strong Password in 2023: Secure Password Generator & 6 Tips for Strong Passwords, MP4 Repair: How to Fix Corrupted Video Files in 2019, Simple Cloud Computing Facts You Need to Know, cloud storage services with the best security and privacy, excellent article detailing cloud security measures, storage services with unlimited cloud storage. This shift is driven by the growing interest in leveraging containers to speed deployment, scale operations and increase the efficiency of workloads running in the cloud. The cloud workloads summary breaks down cloud approaches used by respondents like this: Public cloud: 40 percent; On-premises legacy: 31 percent; Private/hybrid cloud: 29 percent; The most popular workloads across all three approaches are: databases, analytics and web/content hosting, as shown here: 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. This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. Netflix used 451,000 megawatt hours to deliver video in 2019, and Netflix viewers consumed about 112 billion hours during the year. Flexera cited as a leader by independent research firm for cloud cost management and optimization. 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. Several avenues exist to keep clouds rising energy needs under control: Improving overall transistor efficiency. Then you can access your favorite statistics via the star in the header. This trend indicates its more critical than ever to get a handle on forecasting and cost optimization. As a result, we see pockets of spending deceleration even at these companies.14. 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. In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. 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. Depending on where you live, you may not be able to stream all the TV shows and movies you like. This means tackling three major challenges: 1. Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern.8 Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. Cost efficiency and the savings they made thanks to cloud and Netflix viewers Consumed about 112 billion hours during year... 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