Cloud Computing Banking

Cloud Computing Banking Market Outlook

The global Cloud Computing Banking market is projected to reach approximately USD 120 billion by 2035, expanding at a remarkable compound annual growth rate (CAGR) of around 20% between 2025 and 2035. This phenomenal growth can be attributed to the increasing demand for digital banking solutions, the adoption of advanced technologies like artificial intelligence and machine learning in financial services, and the need for scalable and efficient IT infrastructure. Furthermore, the growing emphasis on enhancing customer experience through personalized banking services is driving banks to invest in cloud computing solutions. As financial institutions seek to streamline operations and reduce costs, cloud computing offers the necessary flexibility and efficiency, making it a critical component of modern banking strategies. The integration of regulatory compliance measures and security standards further complicates the banking landscape, necessitating robust cloud solutions that can meet these demands while fostering innovation.

Growth Factor of the Market

The Cloud Computing Banking market is witnessing a surge in growth due to several pivotal factors. Firstly, the digital transformation of banking services is compelling institutions to migrate to cloud-based platforms for enhanced operational efficiency and agility. The need for real-time data processing and analytics has amplified the demand for cloud services, enabling banks to make informed decisions quickly. Additionally, the Covid-19 pandemic has accelerated the trend of remote banking, prompting financial institutions to adopt cloud solutions to maintain seamless services. Regulatory compliance has also emerged as a crucial driver; banks are increasingly leveraging cloud technologies to ensure adherence to local and international regulations through automated reporting and monitoring. Lastly, the rising trends in FinTech innovations are pushing traditional banks to collaborate with cloud providers to leverage advanced technologies and improve their service offerings in an increasingly competitive market.

Key Highlights of the Market

• Significant growth expected in Cloud Computing adoption among financial institutions.
• Rapid digital transformation initiatives are driving demand for cloud solutions.
• Increased focus on regulatory compliance and data security is influencing cloud strategies.
• The rise of FinTech partnerships is reshaping the cloud ecosystem for banks.
• Emerging technologies like AI and machine learning are enhancing cloud service offerings.

By Service Type

Infrastructure as a Service

Infrastructure as a Service (IaaS) is gaining momentum within the Cloud Computing Banking market, providing financial institutions with scalable and flexible IT infrastructure. With IaaS, banks can outsource their hardware needs, reducing the overhead costs associated with maintaining physical servers. This service model allows banks to quickly deploy new applications and services without the delays typically associated with traditional IT setups. Furthermore, IaaS solutions often come with enhanced security features, allowing banks to safeguard sensitive data effectively. As banks increasingly require agility to respond to market changes, IaaS becomes an essential component of their cloud strategy, offering improved resource management and disaster recovery capabilities.

Platform as a Service

Platform as a Service (PaaS) offers a comprehensive environment for developing, testing, and deploying banking applications, making it a vital service for financial institutions implementing digital transformation strategies. PaaS enables banks to accelerate application development cycles and innovate rapidly, as developers can focus on coding without worrying about the underlying infrastructure. This service model supports various programming languages and frameworks, promoting flexibility for banks to tailor applications to their customers' needs. Additionally, PaaS solutions often include integrated tools for collaboration and project management, which are essential for teams working remotely or across multiple locations. As competition intensifies in the banking sector, PaaS empowers institutions to differentiate themselves through unique service offerings.

Software as a Service

Software as a Service (SaaS) represents a major segment within the Cloud Computing Banking market, characterized by the delivery of software applications over the internet. This model allows banks to access critical applications such as CRM, accounting, and compliance management without investing heavily in infrastructure. SaaS solutions are typically offered on subscription models, providing financial institutions with predictable pricing and cost control. Moreover, SaaS applications are frequently updated by the service provider, ensuring that banks always have access to the latest features and security patches. The growing trend of remote work has further accelerated the adoption of SaaS in banking, as employees require access to essential tools from various locations, thereby enhancing overall productivity and operational efficiency.

Function as a Service

Function as a Service (FaaS) is gaining traction as part of the serverless computing trend, allowing banks to run code in response to events without managing servers. This service model enables financial institutions to execute specific functions in real time, reducing latency and improving responsiveness to customer needs. FaaS is particularly beneficial for applications such as transaction processing and fraud detection, where timely execution is critical. By adopting FaaS, banks can also optimize costs, as they only pay for the resources consumed while executing specific functions, rather than maintaining dedicated servers. As banks continue to evolve their digital strategies, FaaS offers a compelling solution for enhancing operational efficiency and scalability.

Network as a Service

Network as a Service (NaaS) is increasingly recognized as a vital component of the Cloud Computing Banking market, providing banks with on-demand network services over the internet. This model allows financial institutions to configure, monitor, and manage their networking resources without the need for extensive physical infrastructure. NaaS solutions enhance connectivity across branches and remote locations, supporting the growing trend of digital banking services. Additionally, the flexibility of NaaS enables banks to scale their networking capabilities as needed, accommodating fluctuating traffic demands. Enhanced security features and compliance protocols often accompany NaaS offerings, addressing the critical need for secure communications within the financial sector. As banking becomes more digital, NaaS is positioned to play an essential role in supporting these transformations.

By Deployment Model

Public Cloud

The public cloud deployment model is widely adopted in the Cloud Computing Banking market due to its cost-effectiveness and scalability. Public cloud services are provided by third-party vendors and made available to multiple organizations, allowing banks to share resources while benefiting from economies of scale. This model offers on-demand access to computing resources and applications, enabling financial institutions to quickly respond to market demands and innovate. However, banks must navigate potential security concerns associated with sharing infrastructure with other organizations. As regulatory frameworks evolve, many banks are implementing stringent security measures to mitigate risks while leveraging the advantages of public cloud solutions. The increasing trust in public cloud providers is likely to drive further adoption in the banking sector.

Private Cloud

Private cloud solutions are gaining traction among banks seeking enhanced security and control over their data and infrastructure. This deployment model involves dedicated resources that are not shared with other organizations, providing banks with a customized environment tailored to their specific requirements. The private cloud allows for greater compliance with regulatory standards and facilitates the implementation of stringent security protocols, which are critical in the financial services industry. Furthermore, private cloud solutions can be hosted on-premises or managed by a third-party provider, offering flexibility in terms of deployment. As banks prioritize data security and compliance, the adoption of private cloud solutions is likely to see significant growth in the coming years.

Hybrid Cloud

The hybrid cloud model is increasingly popular in the Cloud Computing Banking market, as it combines the benefits of both public and private cloud deployments. This model allows banks to maintain sensitive workloads and critical data within a private cloud while leveraging public cloud resources for less sensitive applications and workloads. The hybrid approach promotes flexibility, enabling banks to scale resources as needed and respond to changing market demands efficiently. Additionally, this model facilitates improved disaster recovery and business continuity strategies by allowing banks to replicate data and applications across both environments. As financial institutions seek to balance cost efficiency and data security, the hybrid cloud model is poised to become a preferred choice in the banking sector.

By Organization Size

Large Enterprises

Large enterprises constitute a significant segment of the Cloud Computing Banking market, as they tend to have more extensive operations and greater resource requirements than smaller banks. These institutions often need robust and scalable cloud solutions to support their diverse service offerings and large customer bases. Moreover, large banks are increasingly investing in advanced technologies and innovative solutions, driving their demand for cloud-based infrastructure and applications. The ability to leverage cloud solutions allows large enterprises to enhance efficiency, streamline operations, and improve customer experiences. As regulatory pressures continue to mount, the need for effective compliance management within existing infrastructure further propels large banks to adopt cloud technologies.

Small and Medium Enterprises

Small and Medium Enterprises (SMEs) are increasingly recognizing the importance of cloud computing in the banking sector, as they seek to enhance their competitive positioning against larger institutions. Cloud solutions offer these smaller banks cost-effective access to advanced technologies and services that were previously out of reach due to financial constraints. Through cloud computing, SMEs can improve operational efficiencies, reduce IT overhead, and access scalable solutions tailored to their specific needs. The flexibility associated with cloud services allows SMEs to adapt quickly to market changes and customer demands, fostering growth and innovation. As the banking landscape evolves, the cloud becomes an essential enabler for SMEs, empowering them to compete more effectively in the marketplace.

By Application

Core Banking

Core banking applications are at the heart of the Cloud Computing Banking market, providing essential functionalities for managing customer accounts, transactions, and banking operations. Cloud-based core banking solutions enable financial institutions to streamline their processes, enhance customer experiences, and achieve operational efficiencies. The transition to cloud-based core banking systems allows banks to access real-time data, facilitating informed decision-making and rapid responses to market demands. Additionally, these solutions often include advanced security features, ensuring the protection of sensitive customer information. As banks increasingly seek to modernize their legacy systems, cloud-based core banking applications are expected to witness robust growth in adoption.

Customer Relationship Management

Customer Relationship Management (CRM) applications are increasingly being adopted in the Cloud Computing Banking market to enhance customer engagement and optimize service offerings. Cloud-based CRM solutions enable banks to gather and analyze customer data more effectively, allowing for personalized services and targeted marketing initiatives. The integration of advanced analytics and machine learning capabilities within CRM systems facilitates better understanding of customer preferences, promoting proactive service delivery. By adopting cloud-based CRM solutions, banks can also improve collaboration across departments and streamline workflows, leading to enhanced customer satisfaction and retention rates. As banks continue to prioritize customer experience, the demand for cloud-based CRM applications will continue to grow.

Data Analytics

Data analytics applications play a crucial role in the Cloud Computing Banking market, enabling financial institutions to harness the power of data for strategic decision-making. Cloud-based data analytics solutions offer banks the ability to process vast amounts of data quickly and efficiently, providing valuable insights into customer behaviors and market trends. This capability empowers banks to develop data-driven strategies, improve risk management processes, and identify new business opportunities. Additionally, the scalability of cloud solutions allows banks to adjust their data analytics capabilities based on fluctuating demands. As the financial landscape becomes increasingly data-centric, the adoption of cloud-based data analytics solutions is expected to rise significantly.

Fraud Detection and Prevention

Fraud detection and prevention applications are integral to the Cloud Computing Banking market, as financial institutions strive to safeguard their assets and customer information. Cloud-based solutions for fraud detection leverage advanced technologies such as artificial intelligence and machine learning to identify suspicious activities and patterns in real-time. These solutions enable banks to respond promptly to potential threats, minimizing losses and enhancing overall security. Furthermore, the scalability of cloud services allows banks to manage fluctuating transaction volumes and adapt their fraud prevention strategies as needed. As fraud tactics evolve, the demand for cloud-based fraud detection and prevention applications will continue to grow, reinforcing their importance in the banking sector.

By Customer Relationship Management

Salesforce Automation

Salesforce automation within Customer Relationship Management (CRM) applications is a critical component of the Cloud Computing Banking market, enabling banks to streamline their sales processes and enhance productivity. By automating routine tasks such as lead tracking, follow-ups, and performance analytics, banks can focus their resources on higher-value activities that drive revenue growth. Cloud-based systems allow banks to access real-time data on customer interactions, enabling more informed decision-making and fostering stronger relationships with clients. As competition intensifies, the adoption of salesforce automation solutions will become increasingly vital for banks seeking to optimize their sales strategies and improve customer engagement.

Marketing Automation

Marketing automation is another essential aspect of CRM applications in the Cloud Computing Banking market, helping institutions effectively target and engage their customers. By leveraging cloud-based marketing automation tools, banks can create personalized marketing campaigns, segment their customer base, and analyze campaign performance in real-time. This capability allows financial institutions to tailor their messaging and outreach based on customer preferences and behaviors, ultimately leading to improved customer satisfaction and retention. The integration of marketing automation with other cloud-based solutions further enhances banks' ability to deliver cohesive and timely communication across various channels, positioning them as trusted partners in their customers' financial journeys.

By Region

The North American region currently dominates the Cloud Computing Banking market, accounting for over 40% of the total global share. The presence of established financial institutions, a robust technological infrastructure, and high investments in digital transformation initiatives contribute to this dominance. Additionally, the regulatory environment in North America is increasingly supportive of cloud adoption, prompting banks to leverage cloud technologies for operational efficiency and improved customer services. With a CAGR of approximately 22% projected for this region, North America is expected to maintain its lead as the market continues to grow. Major players in the region are actively seeking partnerships and collaborations to enhance their cloud offerings and stay competitive in the evolving banking landscape.

In Europe, the Cloud Computing Banking market is also witnessing significant growth, with an expected CAGR of around 18% over the forecast period. The region is characterized by a rapidly evolving FinTech landscape, which is fostering innovative cloud-based solutions for banking services. Data privacy regulations such as the General Data Protection Regulation (GDPR) are propelling banks to adopt cloud solutions that ensure compliance while safeguarding customer information. The growing emphasis on improving customer experiences and operational efficiencies is driving European banks to invest in cloud technologies, enabling them to compete effectively against emerging players. With these developments, Europe is expected to contribute notably to the global market as it strives to enhance its cloud capabilities.

Opportunities

The Cloud Computing Banking market offers numerous opportunities as financial institutions seek to enhance their service offerings and operational efficiencies. One of the most significant opportunities lies in the ongoing digital transformation initiatives undertaken by banks. As institutions increasingly migrate to cloud solutions, the demand for innovative and tailored cloud services is expected to rise, creating a fertile ground for service providers to capitalize on. Moreover, the growing trend of automation in banking processes presents an opportunity for cloud vendors to develop specialized solutions that can streamline operations, reduce costs, and improve overall customer experiences. As competition within the banking sector intensifies, institutions will be more inclined to adopt cloud services that facilitate agility and responsiveness to market changes.

Another promising opportunity in the Cloud Computing Banking market is driven by the rise of collaboration between traditional banks and FinTech companies. This collaboration aims to leverage the strengths of both sectors, allowing financial institutions to innovate and enhance their service offerings quickly. As more banks recognize the value of cloud-based solutions in fostering these partnerships, the demand for flexible and scalable cloud services will increase. Additionally, the growing focus on data analytics and artificial intelligence in banking provides an opportunity for cloud providers to offer advanced solutions that harness the power of data for strategic decision-making. This ongoing convergence of technology and finance is expected to open up new avenues for growth in the cloud banking landscape.

Threats

Despite the promising growth prospects in the Cloud Computing Banking market, there are several threats that could impede progress. One of the most significant concerns is the increasing frequency and sophistication of cyberattacks targeting financial institutions. As banks migrate to cloud solutions, they become more vulnerable to security breaches, data leaks, and other cyber threats that can lead to substantial financial losses and reputational damage. To mitigate these risks, banks must invest heavily in robust security measures and ensure compliance with regulatory requirements. Failure to address these vulnerabilities could result in long-term consequences for both banks and their customers, potentially stalling the growth of the cloud banking sector.

Additionally, regulatory compliance poses a threat to the Cloud Computing Banking market. As the financial services sector is subject to stringent regulatory frameworks, banks must ensure that their cloud solutions meet these requirements. Non-compliance can lead to significant penalties, legal repercussions, and damage to the institution's reputation. Moreover, the evolving nature of regulations means that banks need to continuously adapt their cloud strategies to remain compliant. This can create unnecessary complexity and may hinder institutions from fully capitalizing on the advantages offered by cloud computing. Navigating these regulatory challenges will be critical for banks seeking to leverage cloud technologies effectively.

Competitor Outlook

• Amazon Web Services (AWS)
• Microsoft Azure
• Google Cloud Platform
• IBM Cloud
• Oracle Cloud
• Salesforce
• SAP Cloud Platform
• Alibaba Cloud
• Rackspace Technology
• VMware Cloud
• DigitalOcean
• Fujitsu Cloud
• Atos Cloud
• Red Hat OpenShift
• Infor CloudSuite

The Cloud Computing Banking market showcases a diverse competitive landscape, with numerous established players vying for market share. Major companies like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform are at the forefront, offering comprehensive cloud solutions specifically designed for the financial services sector. These companies leverage their extensive infrastructure and technological prowess to provide scalable and secure cloud offerings, meeting the unique needs of banks. The competition among these tech giants has led to significant advancements in cloud technologies and services, further driving cloud adoption in the banking industry. Additionally, partnerships and collaborations between cloud providers and financial institutions are becoming increasingly common, enabling banks to harness innovative solutions tailored to their specific requirements.

In addition to the tech giants, several niche players are emerging in the Cloud Computing Banking market, focusing on specific aspects of cloud services tailored to banks' needs. Companies like Salesforce and SAP Cloud Platform are gaining traction through their specialized offerings in CRM and enterprise resource planning, respectively. These solutions play a vital role in enhancing customer engagement and operational efficiency within financial institutions. As banks seek to differentiate themselves through innovative service offerings, the demand for tailored cloud solutions from niche players is expected to grow. This competitive dynamic is likely to contribute to the overall expansion of the cloud banking ecosystem, fostering innovation and collaboration among key stakeholders in the industry.

Furthermore, the ongoing digital transformation initiatives across the banking sector present an opportunity for emerging companies to establish a foothold in the market. As traditional banks collaborate with FinTech firms and startups, there is a growing demand for agile and flexible cloud solutions that can support innovative financial services. Companies that can offer unique and value-added services in this space are likely to gain traction and carve their niche in the competitive landscape. The future of the Cloud Computing Banking market will be shaped by the interplay between established players and emerging disruptors, ultimately driving the evolution of banking services and enhancing customer experiences through cloud technology.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 IBM Cloud
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Atos Cloud
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Salesforce
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 DigitalOcean
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Oracle Cloud
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 VMware Cloud
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Alibaba Cloud
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Fujitsu Cloud
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Microsoft Azure
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Infor CloudSuite
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Red Hat OpenShift
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 SAP Cloud Platform
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Rackspace Technology
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Google Cloud Platform
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Amazon Web Services (AWS)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Cloud Computing Banking Market, By Application
    • 6.1.1 Core Banking
    • 6.1.2 Customer Relationship Management (CRM)
    • 6.1.3 Data Analytics
    • 6.1.4 Fraud Detection and Prevention
    • 6.1.5 Others
  • 6.2 Cloud Computing Banking Market, By Service Type
    • 6.2.1 Infrastructure as a Service (IaaS)
    • 6.2.2 Platform as a Service (PaaS)
    • 6.2.3 Software as a Service (SaaS)
    • 6.2.4 Function as a Service (FaaS)
    • 6.2.5 Network as a Service (NaaS)
  • 6.3 Cloud Computing Banking Market, By Deployment Model
    • 6.3.1 Public Cloud
    • 6.3.2 Private Cloud
    • 6.3.3 Hybrid Cloud
  • 6.4 Cloud Computing Banking Market, By Organization Size
    • 6.4.1 Large Enterprises
    • 6.4.2 Small and Medium Enterprises

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Cloud Computing Banking Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Cloud Computing Banking market is categorized based on

By Service Type

• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
• Software as a Service (SaaS)
• Function as a Service (FaaS)
• Network as a Service (NaaS)

By Deployment Model

• Public Cloud
• Private Cloud
• Hybrid Cloud

By Organization Size

• Large Enterprises
• Small and Medium Enterprises

By Application

• Core Banking
• Customer Relationship Management (CRM)
• Data Analytics
• Fraud Detection and Prevention
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Amazon Web Services (AWS)
• Microsoft Azure
• Google Cloud Platform
• IBM Cloud
• Oracle Cloud
• Salesforce
• SAP Cloud Platform
• Alibaba Cloud
• Rackspace Technology
• VMware Cloud
• DigitalOcean
• Fujitsu Cloud
• Atos Cloud
• Red Hat OpenShift
• Infor CloudSuite