Market revenue in 2024 | USD 293,262.1 million |
Market revenue in 2030 | USD 875,458.5 million |
Growth rate | 19.2% (CAGR from 2025 to 2030) |
Largest segment | Software as a service (saas) |
Fastest growing segment | Infrastructure as a Service (IaaS) |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) |
Key market players worldwide | Alibaba 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 |
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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.
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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