Important Cloud Computing Trends And Statistics In 2022

What Is Cloud Computing ? What Is A Cloud ?

Cloud computing is the delivery of software, servers, storage and other IT infrastructure over the internet, usually in a pay-as-you-go model. It allows you to scale up your IT resources when needed, and also allows you to scale back down when you don’t—allowing you to save money on your IT infrastructure. You can choose to use either public cloud or a private cloud. A public cloud is a service that provides its resources and services to anyone on the internet. A private cloud is a proprietary network or data center that supplies hosted cloud services to a limited number of people with certain access and permissions settings. Both public and private clouds offer easy, scalable access to computing resources and IT services.

The hardware and software components required for the correct deployment of a cloud computing architecture are referred to as cloud infrastructure. Cloud computing is also known as utility computing and on-demand computing.

So, in short, Cloud Computing refers to a style of computing that’s all about using networks of servers to store, manage and process data—versus storing, managing and processing data on your PC.

Using the cloud may help you save money, because you’re only paying for the resources you actually use, and it may help you do more with your computer, because you don’t have to worry about keeping it up and running—networked computers take care of that for you.

There are several different options for using the cloud, including using it for your email , using it for your storage , and using it for your programming tools .

Relevant 2022 Cloud Computing Statistics

The cloud technology space is enormous and growing. The small business owner needs to understand the basics of cloud computing in order to keep up with the constant evolution of technology. In order to remain competitive, it is essential that businesses take the plunge into cloud services and take full advantage.

Statistics and trends about will help you understand and keep up with the growth of cloud computing. By providing the right information, we want to ensure you make the best choices for yourself and your interests.

By 2025, 51% of IT investment will have migrated from conventional to public cloud solutions, up from 41% in 2022. Cloud technologies will account for over two-thirds (65.9%) of application software investment in 2025, up from 57.7% in 2022.(Gartner, 2022)

The three biggest cloud market dominators are AWS (Amazon Web Service) with 34% of the total market. In second place comes Microsoft Azure with 21% dominance. Followed by Google Cloud with 11%. (Statista, 2022)

94% of businesses claimed they saw an improvement in security after switching to cloud. 91% said the cloud also makes it easier to meet government compliance requirements.(Salesforce, 2022)

59% of organizations spend between $2.4 million and $12 Million a year on public cloud services. Another 31% claim they spend more than $12 million a year.

In 2020, 61% of organizations migrated their workloads to the cloud.(Zippia, 2022)

Seventy-four percent of US infrastructure decision-makers say their firms are adopting containers within a platform as a service (PaaS) in an on-premises or public cloud environment.(Forrester, 2022)

According to the most recent Gartner, Inc. prediction, global end-user expenditure on public cloud services would increase 20.4% to $494.7 billion in 2022, up from $410.9 billion in 2021. End-user expenditure is estimated to reach approximately $600 billion by 2023.(Gartner, 2022)

With over 200 cloud services that fall under the category of collaboration, it’s no surprise that employees use several of these services daily. To be more specific, the average employee uses about 36 cloud-based services every day.(Zippia, 2022)

North America region leads the big data analytics market and accounts for a share of more than 35% of the total revenue. The region will sustain its lead during the forecast years. This is due to the region being one of the early adopter of technological advancements.(Businesswire, 2022)

With 62%, data confidentiality was the second most important worry for business owners and decision makers, followed by unintentional credential disclosure (46%).(Statista, 2021)

Cloud computing utilization statistics show a substantial growth in workloads executed in the cloud. The percentage of workloads is expected to quadruple in three years, from 20% in 2020 to 40% in 2023.

The global Software as a Service (SaaS) market is expected to be worth $700 billion by 2030.(PRNewswire, 2022)

In 2010, the global cloud computing and hosting market was only worth $24.6 billion, a number which grew to a whopping $156.4 billion in 2020. That’s an increase of 535% !

Since 2008, the cloud market has been growing exponentially fast. Adopting cloud technology is becoming more and more viable and essential for business owners of every industry.

The total market was worth around $8 Billion in 2008, by 2024 it is expected to exceed $400 Billion.

Cloud Technology Is The Future Of Business, And It's Here To Stay

Why? Because it’s more cost-effective, more flexible, and more secure than traditional IT systems.

While benefitting users in a number of ways, such as:

Cloud technology lowers costs by eliminating the need for expensive hardware and software purchases. For instance, you can use cloud services to store your data and access it from any device with an internet connection—no need to buy expensive servers or software licenses!

Cloud technology allows businesses to scale up quickly when needed without having to invest in additional hardware upfront (or even lease an office space). This means that businesses can grow their operations without having to worry about whether there will be enough room for them when they do so.

Cloud technology ensures data security by storing information on remote servers instead of on company-owned devices (which are vulnerable). With good cloud computing services, you never have to worry about losing your files or accidentally deleting them from your computer because they’re always backed up somewhere else!

Amazon Web Services (AWS) is in the lead when it comes to the cloud service market share with 34%. In second place is Microsoft Azure with 21%, which has more than double the market share size of Google Cloud Platform (10%). Alibaba services mostly in China, but with china having such a large population, it manages to take 5% of the market. Followed closely by IBM at 4%, Salesforce 3%, Tencent Cloud 3%, and Oracle with 2%.

As you can see in the graphs above, the growth and adoption of Cloud Services has been massive. Businesses depend on these services to facilitate the security of their files and ease the access to those who are permitted. Over 60% of all data stored in the cloud belongs to businesses and corporations.

In the chart below you can see just how much businesses are using cloud services.

Private Cloud Or Hybrid Cloud, Which Is Better ?

The cloud has become increasingly popular in recent years, as businesses seek to take advantage of its flexibility and scalability. There are two main types of cloud deployments: private and hybrid. Private clouds are run entirely within a single company’s data center, while hybrid clouds mix on-premises resources with public cloud services. Each type of cloud has its own advantages and disadvantages. Private clouds can offer greater control and security, but they can be more expensive to set up and maintain. Hybrid clouds can offer the best of both worlds, but they can be more complex to manage. Ultimately, the best type of cloud deployment for a company will depend on its specific needs and resources. However, both private and hybrid clouds can be beneficial for businesses that are looking to take advantage of the cloud’s many advantages.

We hope that you have found this informative and are able to see why cloud computing can help with your business or organization. Cloud computing is a great solution if you need extra storage, need to work on the move and want to reduce your energy bills and carbon footprint. If you would like to find out more, don’t hesitate to contact us today.

Infradapt specializes in helping small businesses and organizations navigate the complicated policies and compliance required to improve their cybersecurity and overall business safety.

We would love the opportunity to help you out!

To schedule your free consultation, please click here to call email us at contact@infradapt.com. We look forward to hearing from you!