The global cloud infrastructure market service spend exceeded ** billion U.S. dollars in the third quarter of 2024. The acceleration of digital transformation and continuous trend of using cloud services for application migration, machine learning, cloud native, and other service delivery is driving market spending.
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Canalys. (January 19, 2025). Cloud infrastructure services spending worldwide from 1st quarter 2016 to 3rd quarter 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys. "Cloud infrastructure services spending worldwide from 1st quarter 2016 to 3rd quarter 2024 (in billion U.S. dollars)." Chart. January 19, 2025. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys. (2025). Cloud infrastructure services spending worldwide from 1st quarter 2016 to 3rd quarter 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys. "Cloud Infrastructure Services Spending Worldwide from 1st Quarter 2016 to 3rd Quarter 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Jan 2025, https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/
Canalys, Cloud infrastructure services spending worldwide from 1st quarter 2016 to 3rd quarter 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/ (last visited May 07, 2026)
Cloud infrastructure services spending worldwide from 1st quarter 2016 to 3rd quarter 2024 (in billion U.S. dollars) [Graph], Canalys, January 19, 2025. [Online]. Available: https://www.statista.com/statistics/967292/worldwide-cloud-infrastructure-services-market-revenue/