5 Interesting Cloud Computing Stats and Facts in 2021

At this level, the shift to cloud computing is one of the most important and defining technological trends of our era. And while these statistics are great if you’re just curious, they’re also very knowledgeable about what the future of the internet and technology is all about.

Here are some things that you should know how bright the future is when followed by the development of the cloud computing world

Point 1: The global cloud computing market was approximately $ 272 BILLION in 2018, and is expected to gain even greater WAY in the next few years.

This data comes to us from MarketsandMarkets. This is a leading company whose services have been used by some of the most successful companies in the world.

So, here’s what MarketsandMarkets has to say:

The size and growth of the cloud computing market

The 2018 estimate for the size of the global cloud computing market is $ 272 billion.

(Yes, we know it’s 2021 already, but this report was released in 2019 and sometimes the quality costs are just in time).

After all, the numbers here are crazy, because they predict very strong growth …

… all the way to more than double the market size by 2023, at $ 623 billion.

That is truly extraordinary, and is further proof of everything that is happening in the cloud.

It is also interesting to look at growth by region: basically each region is expected to see a lot of growth, with a proportion of the market size remaining roughly the same.

Dang. But that’s cloud computing in general – not a subset of the cloud computing market.

We’re going to get into some more specific statistics now:

Point 2: Global spending on public cloud services will double by 2023.

You may not be familiar with the term ‘public cloud’.

To put it simply: a personal cloud is a cloud that is only used by one company / entity. Public cloud is a cloud that is used by many companies / entities.

This is not the same thing as a dedicated server vs. shared, but share similar premise / fundamental differences.

Of course, there are also hybrid clouds: public clouds that belong to or join a private one. Some of them have servers on location.

This article from Cloudflare, a leading cloud company, does a great job explaining it if you want to read more.

So, public clouds are quite popular for obvious reasons: they’re cheaper and they still work great.

And a statement to their popularity in this stats from the International Data Corporation (IDC), the world’s leading marketing group that has been around for decades.


Cloud Computing Expenditures for Public Cloud

The numbers were somewhat similar to the last stat, but that shouldn’t come as a surprise.

Most of the cloud spending is public cloud, and this shows the same general trend as the whole cloud market.

Of course, there is a difference between “spend on” X and “market size” X, but I digress.

We think here we can continue to go into statistics about different types of cloud services:

Point 3: Cloud infrastructure services are the fastest growing cloud services, with growth of more than 40%.

Infrastructure as a service (IaaS) is a type of cloud computing where the provider also hosts the infrastructure that will be there, in a traditional on-premises data center.

This includes (but is not limited to) servers, storage hardware, network hardware, and platform virtualization (and the interfaces for managing them).

It combines some of the benefits of cloud computing and hosting with those of live servers: you can manage your resources more directly, but without all the overhead.

It is distinguished from software as a service (SaaS) cloud computing, in which a provider hosts applications and makes them available over the internet, but does not provide an infrastructure component.

It is also separate from the platform as a service (PaaS), which delivers hardware and software over the internet. PaaS is often used for application development.

This research was conducted by the Synergy Research Group, and presented to us by Kinsta:


Segmented and Cloud Computing Market Growth

There is a lot to break down here – not only the IaaS and SaaS clouds being measured, but also the public and private clouds. Plus the mixture in between.

However, overall takeaway: IaaS grew the most, comfortably over 40% from 2018 to 2019.

Enterprise-scale SaaS grew by the second largest, but still far behind.

And of course, infrastructure as a cloud computing service industry is dominated by the tech giants you know.

So let’s break it down a bit with the following facts:

Point 4: Amazon Web Services (AWS) is by far the largest public IaaS cloud provider, just under HALF the market size.

Now that you’re clear about what infrastructure is a service, and what a public cloud service is, we can tackle this stat.

This is from Synergy Research Group, as you can see the left half of this chart for now:

Yet AWS is by far the most dominant IaaS cloud provider.

Why is it important that AWS is a leader in public infrastructure as a cloud computing service? Isn’t that a very important part of cloud computing to focus on?

This info is relevant because it means that many companies – especially large ones – are using AWS.

For example, Netflix uses AWS, which is noteworthy because it is a major competitor in the streaming war.

In fact, if you use the internet at all, many of the websites you visit and the applications you use run on AWS servers … so it’s directly relevant to you.

Point 5: Smaller organizations are the most enthusiastic about cloud business intelligence.

Before I show you the chart, let me explain what cloud business intelligence (BI) is:

It’s so simple, as simple as you might suspect. Cloud BI means tools for business intelligence – such as analytics, dashboards, performance measurement (KPI), and so on – that are cloud-based.

So let’s get started.

Original work was carried out by Dresner Advisory Services, and key highlights and findings are presented to us by Forbes.

The first thing you will notice is that this chart actually measures multiple levels of perceived importance simultaneously.

So the weighted average score (the OVERALL level of cloud for an organization) is roughly the same for companies with several employees and one with thousands.

BUT, if you take a closer look, a growing number of smaller organizations (1-100 members) are rating cloud BI as ‘critical’ – as important as it can get.

Compare that over 20% of small organizations to less than 10% of organizations with 1,000 to 5,000 members.

Make no mistake, BI tools are only one part of the big topic which is the cloud.

But nearly every business that has a substantial online presence or investment is interested in or using this item. Especially, as the data show, smaller ones.

Bonus

We decided to throw in this one because it really matches the latter (especially since they are from the same report).

But where the latter shows the effectiveness of traditional tools in the cloud, it shows what is stopping companies from getting better cloud-based tools.

This is it:

Staff training and budgets are the biggest things keeping companies from migrating to cloud-based security solutions, concerns over data privacy and lack of integration with in-place technology also stand out. In fact, everything here seems to concern a large number of businesses.

But there it is!

Let’s finish this, shall we?

Conclusion

These facts and figures have thrown a lot of different things at you, including acronyms you may not be familiar with. But the main thing to note is that this item, as far and as technical as it sounds, is all very relevant to you.

You are using cloud computing all the time, more and more internet, software and migration games.

Whatever you think, the cloud is taking over. We may understand it better and if you want to get some more in-depth information, or just check the facts of my claim, great!

This article is adapted and inspired from https://hostingpill.com/id/statistik-komputasi-awan/

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