Global Cloud Computing Market Size & Outlook, 2024-2030

The global cloud computing market size was estimated at USD 752,442.2 million in 2024 and is projected to reach USD 2,390,184.5 million by 2030, growing at a CAGR of 20.4% from 2025 to 2030. 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 2024.