This question is about cloud adoption statistics.

How fast is the cloud computing market growing?

By Zippia Team - Jun. 29, 2022

The global cloud computing market is growing at an impressive rate, with a projected CAGR of 16.3% through 2026. That would mean an increase from a market size of $445.3 billion in 2021 to $947.3 billion by 2026, over half a billion USD in only five years.

Recent growth has also been considerable. In 2021, public cloud services grew by 18.4% year-over-year. Additionally, the section of the market that's seen the most growth is Desktop as a Service (DaaS), which grew by 95.4% in 2020, and 61.5% in 2021.

How fast is the cloud computing market growing?

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