In 2018, the public cloud computing market is projected to be worth around *** billion U.S. dollars. The market has seen massive growth over the past decade, skyrocketing from a value of less than * dollars a decade ago.
What is cloud computing?
Cloud computing is a technology which allows users to take advantage of computing services, storage space, and processing power through the internet, without the need for their own hardware and software. The ability of cloud computing to provide access to computing power that would otherwise be extremely expensive has made the technology popular among companies of all sizes in addition to billions of individual personal cloud storage users.
What is the public cloud?
The public cloud refers primarily to cloud vendors such as Microsoft and Amazon, who offer cloud resources to any person or company who wishes to purchase them, as opposed to many big corporations who operate their own private internal cloud. A major share of technical executives and managers from around the world report that their company is either using or plans to use public cloud platforms in their operations.
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Forbes, & Tata Communications. (March 1, 2019). Total size of the public cloud computing market from 2008 to 2020 (in billion U.S. dollars) [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 18, 2026, from /statistics/510350/worldwide-public-cloud-computing/
Forbes, und Tata Communications. "Total size of the public cloud computing market from 2008 to 2020 (in billion U.S. dollars)." Chart. March 1, 2019. ÀÖ²¥´«Ã½app×îа汾. Accessed August 18, 2026. /statistics/510350/worldwide-public-cloud-computing/
Forbes, Tata Communications. (2019). Total size of the public cloud computing market from 2008 to 2020 (in billion U.S. dollars). ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 18, 2026. /statistics/510350/worldwide-public-cloud-computing/
Forbes, and Tata Communications. "Total Size of The Public Cloud Computing Market from 2008 to 2020 (in Billion U.S. Dollars)." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 1 Mar 2019, /statistics/510350/worldwide-public-cloud-computing/
Forbes & Tata Communications, Total size of the public cloud computing market from 2008 to 2020 (in billion U.S. dollars) ÀÖ²¥´«Ã½app×îа汾, /statistics/510350/worldwide-public-cloud-computing/ (last visited August 18, 2026)
Total size of the public cloud computing market from 2008 to 2020 (in billion U.S. dollars) [Graph], Forbes, & Tata Communications, March 1, 2019. [Online]. Available: /statistics/510350/worldwide-public-cloud-computing/