The Public Cloud Market Outlook, 2022 To 2026

November 9th, 2022

Lee Sustar Principal Analyst

Rachel Kwon Senior Researcher

Himank Joshi

With contributors:

Lauren Nelson , Stephanie Balaouras , Zachary Stone , Ian McPherson

Summary

Cloud dominates technology spending at the major layers of the enterprise stack, wielding new power in enterprise budgets and as key partners. Revenue from infrastructure, database and analytics, development services, and cloud applications will total $446.4 billion in 2022, growing to $1.03 trillion by 2026. Within the market, hyperscale providers will face new regional pressures and competition with the emerging edges. Despite the projected continued growth in revenue for top vendors AWS, Google, and Microsoft, a closer look at financial reporting shows new strains resulting from intense competitive pressures. This report provides a market outlook for the public cloud market from 2022 to 2026.

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