Rapid adoption of digital transformation initiatives has made cloud infrastructure a cornerstone of modern IT strategies. Valued at approximately USD330 billion in 2024, the cloud infrastructure market is projected to reach around USD 934.77 billion by 2032, growing at a CAGR of 13.9%. Asia-Pacific is emerging as the fastest-growing region, fueled by hybrid cloud adoption, AI-enabled workloads, and edge computing infrastructure, while North America continues to dominated the cloud infrastructure market, driven by enterprise migration to multi-cloud strategies and extensive data center networks. Global pricing varies, with CAPEX representing roughly 55% of costs for servers, storage arrays, and data center setups, while OPEX covers software licenses, bandwidth, and maintenance.
Cloud Infrastructure overview
Published by MMR Statistics Research Team, Updated