Global Public Cloud Market Size & Outlook, 2026-2033

The global public cloud market size was estimated at USD 935,710.7 million in 2025 and is projected to reach USD 2,729,950.9 million by 2033, growing at a CAGR of 14.7% from 2026 to 2033.
Revenue, 2025 (US$M)
$935,710.7
Forecast, 2033 (US$M)
$2,729,950.9
CAGR, 2026 - 2033
14.7%
Report Coverage
Worldwide

Global public cloud market, 2021-2033 (US$M)

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Global public cloud market highlights

  • The global public cloud market generated a revenue of USD 935,710.7 million in 2025 and is expected to reach USD 2,729,950.9 million by 2033.
  • The market is expected to grow at a CAGR (2026 - 2033) of 14.7% by 2033.
  • In terms of segment, infrastructure as a service (iaas) accounted for a revenue of USD 1,044,159.6 million in 2025.
  • Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2025.

Global data book summary

Market revenue in 2025USD 935,710.7 million
Market revenue in 2033USD 2,729,950.9 million
Growth rate14.7% (CAGR from 2026 to 2033)
Largest segmentInfrastructure as a service (iaas)
Fastest growing segmentInfrastructure as a Service (IaaS)
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationInfrastructure as a Service (IaaS)

Other key industry trends

  • In terms of revenue, the North America accounted for 38.7% of the global public cloud market in 2025.

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Public Cloud Market Scope

Public cloud market segmentation & scope
Infrastructure as a Service (IaaS)
Platform as a Service (PaaS)
Software as a Service (SaaS)
Enterprise Size
SMEs
Large Enterprises
End Use
BFSI
IT & Telecom
Retail & Cosumer Goods
Manufacturing
Energy & Utilities
Healthcare
Media & Entertainment
Government & Public Sector
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
Australia
South Korea
UAE
South Africa
Saudi Arabia
Brazil
Argentina

Public Cloud Market Companies

Name Profile # Employees HQ Website
Vultr View profile 101-250 West Palm Beach, Florida, United States, North America https://www.vultr.com
Tencent View profile 10001+ Shenzhen, Guangdong, China, Asia https://www.tencent.com/en-us
Amazon Web Services View profile 10001+ Seattle, Washington, United States, North America http://aws.amazon.com
Alibaba Cloud View profile 10001+ Hangzhou, Zhejiang, China, Asia https://in.alibabacloud.com
DigitalOcean Holdings Inc View profile 1156 101 6th Avenue, New York, NY, United States, 10013 https://www.digitalocean.com
Salesforce Inc View profile 72682 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 https://www.salesforce.com
SAP SE View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
Broadcom Inc View profile 20000 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 https://www.broadcom.com
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
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
Fujitsu Ltd View profile 124055 Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 http://www.fujitsu.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Global public cloud 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 public cloud market will help companies and investors design strategic landscapes.


Infrastructure as a service (iaas) was the largest segment with a revenue share of 111.59% in 2025. Horizon Databook has segmented the Global public cloud market based on infrastructure as a service (iaas) covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Public Cloud Service Outlook (Revenue, USD Million, 2021-2033)
    • Infrastructure as a Service (IaaS)
    • Platform as a Service (PaaS)
    • Software as a Service (SaaS)
  • Global Public Cloud Enterprise Size Outlook (Revenue, USD Million, 2021-2033)
    • SMEs
    • Large Enterprises
  • Global Public Cloud End Use Outlook (Revenue, USD Million, 2021-2033)
    • BFSI
    • IT & Telecom
    • Retail & Cosumer Goods
    • Manufacturing
    • Energy & Utilities
    • Healthcare
    • Media & Entertainment
    • Government & Public Sector
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global public cloud market , including forecasts for subscribers. This global databook contains high-level insights into Global public cloud market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global public cloud market size, by regions, 2021-2033 (US$M)

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