The global cloud computing services market was valued at $398.9 billion in 2022, and is projected to reach $2 trillion by 2032, growing at a CAGR of 18.1% from 2023 to 2032.
The global hybrid cloud market was valued at $96.7 billion in 2023, and is projected to reach $480.2 billion by 2033, growing at a CAGR of 17.4% from 2024 to 2033.