Global Public Cloud Market By Industry
| Label | Total | IAAS | SAAS | PAAS |
|---|---|---|---|---|
| 2019 | 239.8 USD Mn | 60.4 USD Mn | 134.3 USD Mn | 45.1 USD Mn |
| 2020 | 300.9 USD Mn | 77 USD Mn | 167.5 USD Mn | 56.4 USD Mn |
| 2021 | 387.4 USD Mn | 100.8 USD Mn | 214.2 USD Mn | 72.4 USD Mn |
| 2022 | 488.5 USD Mn | 129.1 USD Mn | 268.4 USD Mn | 91 USD Mn |
| 2023 | 607.6 USD Mn | 163.1 USD Mn | 331.6 USD Mn | 112.9 USD Mn |
| 2024 | 728.2 USD Mn | 198.4 USD Mn | 394.9 USD Mn | 134.9 USD Mn |
| 2025 | 846.1 USD Mn | 234 USD Mn | 455.8 USD Mn | 156.3 USD Mn |
| 2026 | 963.8 USD Mn | 270.5 USD Mn | 515.9 USD Mn | 177.4 USD Mn |
| 2027 | 1081.7 USD Mn | 307.9 USD Mn | 575.2 USD Mn | 198.6 USD Mn |
| 2028 | 1201.6 USD Mn | 346.9 USD Mn | 634.8 USD Mn | 219.9 USD Mn |
| 2029 | 1313.1 USD Mn | 384.3 USD Mn | 689.3 USD Mn | 239.6 USD Mn |
| 2030 | 1412.4 USD Mn | 418.9 USD Mn | 736.5 USD Mn | 256.9 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Global Public Cloud Market By Service Model market is on a steady long-term growth path. Segment value stands at roughly USD 964 Mn in 2026 and is projected to reach USD 1412 Mn by 2030 — a gain of about 47% over the forecast period, translating to a CAGR in the double digits.
- What the regional split looks like (2026): SAAS leads, holding roughly 54% of segment value — the single largest regional share. IAAS is the second-largest contributor. PAAS make up the remainder, in descending order.
- By 2030, SAAS alone is expected to reach USD 737 Mn, with IAAS at USD 419 Mn.
Market Dynamics
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