North America Cloud Computing Market Size & Outlook

The cloud computing market in North America is expected to reach a projected revenue of US$ 875,458.5 million by 2030. A compound annual growth rate of 19.2% is expected of North America cloud computing market from 2025 to 2030.
Revenue, 2024 (US$M)
$293,262.1
Forecast, 2030 (US$M)
$875,458.5
CAGR, 2025 - 2030
19.2%
Report Coverage
North America

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North America cloud computing market, 2018-2030 (US$M)

North America cloud computing market, 2018-2030 (US$M)

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North America cloud computing market highlights

  • The North America cloud computing market generated a revenue of USD 293,262.1 million in 2024.
  • The market is expected to grow at a CAGR of 19.2% from 2025 to 2030.
  • In terms of segment, software as a service (saas) was the largest revenue generating service in 2024.
  • Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.


North America data book summary

Market revenue in 2024USD 293,262.1 million
Market revenue in 2030USD 875,458.5 million
Growth rate19.2% (CAGR from 2025 to 2030)
Largest segmentSoftware as a service (saas)
Fastest growing segmentInfrastructure as a Service (IaaS)
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInfrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)
Key market players worldwideAlibaba Group Holding Ltd ADR, Amazon.com Inc, DigitalOcean Holdings Inc, Alphabet Inc Class A, GigaCloud Technology Inc Class A, International Business Machines Corp, Microsoft Corp, Oracle Corp, Rackspace Technology Inc Ordinary Shares, Salesforce Inc, Tencent Holdings Ltd ADR, The Descartes Systems Group Inc


Other key industry trends

  • In terms of revenue, North America region accounted for 39.0% of the global cloud computing market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 554,859.3 million by 2030.

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Cloud Computing Market Companies

Name Profile # Employees HQ Website
GigaCloud Technology Inc Class A View profile 1362 4388 Shirley Avenue, El Monte, CA, United States, 91731 https://www.gigacloudtech.com
DigitalOcean Holdings Inc View profile 1156 101 6th Avenue, New York, NY, United States, 10013 https://www.digitalocean.com
Rackspace Technology Inc Ordinary Shares View profile 5800 19122 US Highway 281 North, Suite 128, San Antonio, TX, United States, 78258 https://www.rackspace.com
Salesforce Inc View profile 72682 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 https://www.salesforce.com
Alibaba Group Holding Ltd ADR View profile 204891 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, https://www.alibabagroup.com
The Descartes Systems Group Inc View profile 2175 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 https://www.descartes.com
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
Tencent Holdings Ltd ADR View profile 104787 No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054 http://www.tencent.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

North America cloud computing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud computing market will help companies and investors design strategic landscapes.


Software as a service (saas) was the largest segment with a revenue share of 66.03% in 2024. Horizon Databook has segmented the North America cloud computing market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.


The proliferation of Software as a Service (SaaS) applications across all industry verticals accelerates the shift to cloud computing. Companies in North America increasingly rely on cloud-based software for customer relationship management (CRM), enterprise resource planning (ERP), human resource management (HRM), marketing automation, and business intelligence.

These applications offer scalability, real-time access, and automatic updates, enabling organizations to streamline operations, improve customer engagement, and reduce IT maintenance burdens. The rising demand for SaaS solutions, especially among small and medium-sized enterprises (SMEs), is creating a substantial push toward cloud adoption.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cloud computing market , including forecasts for subscribers. This continent databook contains high-level insights into North America cloud computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America cloud computing market size, by country, 2018-2030 (US$M)

North America Cloud Computing Market Outlook Share, 2024 & 2030 (US$M)

North America cloud computing market size, by country, 2018-2030 (US$M)

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