North America Cloud Computing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Service Model [Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)], Deployment Model (Public Cloud and Private Cloud), Organization Size [Small & Medium-Sized Enterprises (SMEs) and Large Enterprises], and Industry Verticals (BFSI, IT and Telecom, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, and Others)
The North America cloud computing market is expected to grow from US$ 160,902.44 million in 2022 to US$ 587,793.09 million by 2028; it is estimated to grow at a CAGR of 24.1% from 2022 to 2028.
Owing to the adverse effects of COVID-19 pandemic, many enterprises across verticals have adopted the work-from-home model to maintain operational efficiency and for employees safety. Therefore, the demand for collaboration-based solutions, such as Software-as-a-Service (SaaS), has increase. The regional lockdowns due to the COVID-19 outbreak forced a large share of population to stay at home, fueling the popularity of video-on-demand (VoD) services, which propelled the need for IaaS. Companies that provide VoD services, such as YouTube, Netflix, Amazon, Hulu, Twitch, Disney+, and Apple TV, are expanding their offerings to meet the customers’ needs. Many organizations are increasing their spending on cloud by more than 50% amid COVID-19 pandemic. Thus, the pandemic is fueling the adoption of cloud computing, supporting the cloud computing market growth in North America.
By introducing new features and technologies, vendors in the North America cloud computing market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market growth at a notable CAGR during the forecast period.
North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
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North America Cloud Computing Market Segmentation
The North America cloud computing market is segmented on the basis of service model, deployment model, organization size, industry verticals, and country. Based on service model, the market is segmented into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Based on deployment model, the North America cloud computing market is bifurcated into public cloud and private cloud. By organization size, the market is segmented into small & medium-sized enterprises (SMEs) and large enterprises. Based on industry verticals , the North America cloud computing market is segmented into BFSI, IT and Telecom, government and public sector, retail and consumer goods, manufacturing, healthcare and life sciences, and others. Based on country, the market is segmented into the US, Mexico, and Canada.
North America Cloud Computing Market —Companies Mentioned
Amazon Web Services; Microsoft Corporation; SAP SE; IBM Corporation; Salesforce.com, INC.; Google LLC; Oracle Corporation; Alibaba Group Holding Limited; Adobe; and Workday, Inc. are a few major companies operating in the North America cloud computing market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Cloud Computing Market – By Service Model
1.3.2 North America Cloud Computing Market – By Infrastructure as a Service (IaaS)
1.3.3 North America Cloud Computing Market – By Platform as a Service (PaaS)
1.3.4 North America Cloud Computing Market – By Software as a Service (SaaS)
1.3.5 North America Cloud Computing Market – By Deployment Model
1.3.6 North America Cloud Computing Market – By Organization Size
1.3.7 North America Cloud Computing Market – By Vertical
1.3.8 North America Cloud Computing Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Cloud Computing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Cloud Computing Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 COVID-19 Outbreak Fuels Demand for Cloud-based Solutions
5.1.2 Cost optimization Drives Cloud Uptake
5.2 Market Restraints
5.2.1 Risk of Unplanned Downtime, Unexpected Costs, Security Breaches, and Data Leaks Limits Cloud Adoption
5.3 Market Opportunities
5.3.1 Increasing Uptake of Cloud in SMEs
5.4 Future Trends
5.4.1 Acceptance of Cloud Solutions as Mainstream IT Deployment Option
5.5 Impact Analysis of Drivers and Restraints
6. North America Cloud Computing Market –Market Analysis
6.1 North America Cloud Computing Market Forecast and Analysis
7. North America Cloud Computing Market Revenue and Forecasts To 2028 Service Model
7.1 Overview
7.2 North America Cloud Computing Market, By Service Model (2021 and 2028)
7.3 Infrastructure as a Service (IaaS)
7.3.1 Overview
7.3.2 Infrastructure as a Service (IaaS): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.1 Storage
7.3.2.2 Overview
7.3.2.2.1 Storage: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.3 Archiving
7.3.2.4 Overview
7.3.2.4.1 Archiving: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.5 Compute
7.3.2.6 Overview
7.3.2.6.1 Compute: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.7 Others
7.3.2.8 Overview
7.3.2.8.1 Others: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4 Platform as a Service (PaaS)
7.4.1 Overview
7.4.2 Platform as a Service (PaaS): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.1 Application
7.4.2.2 Overview
7.4.2.2.1 Application: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.3 Integration
7.4.2.4 Overview
7.4.2.4.1 Integration: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.5 Data Management
7.4.2.6 Overview
7.4.2.6.1 Data Management: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.7 Others
7.4.2.8 Overview
7.4.2.8.1 Others: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5 Software as a Service (SaaS)
7.5.1 Overview
7.5.2 Software as a Service (SaaS): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.1 Customer Relationship Management (CRM)
7.5.2.2 Overview
7.5.2.2.1 Customer Relationship Management (CRM): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.3 Enterprise Resource Planning (ERP)
7.5.2.4 Overview
7.5.2.4.1 Enterprise Resource Planning (ERP): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.5 Human Capital Management (HCM)
7.5.2.6 Overview
7.5.2.6.1 Human Capital Management (HCM): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.7 Content, Collaboration, and Communication
7.5.2.8 Overview
7.5.2.8.1 Content, Collaboration, and Communication: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.9 Supply Chain Management (SCM)
7.5.2.10 Overview
7.5.2.10.1 Supply Chain Management (SCM): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.11 Others
7.5.2.12 Overview
7.5.2.12.1 Others: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
8. North America Cloud Computing Market Revenue and Forecasts To 2028 Deployment Model
8.1 Overview
8.2 North America Cloud Computing Market, By Deployment Model (2021 and 2028)
8.3 Public Cloud
8.3.1 Overview
8.3.2 Public Cloud: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
8.4 Private Cloud
8.4.1 Overview
8.4.2 Private Cloud: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
9. North America Cloud Computing Market Revenue and Forecasts To 2028 Organization Size
9.1 Overview
9.2 North America Cloud Computing Market, By Organization Size (2021 and 2028)
9.3 Small and Medium-sized Enterprises (SMEs)
9.3.1 Overview
9.3.2 Small and Medium-sized Enterprises (SMEs): North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises: North America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
10. North America Cloud Computing Market Revenue and Forecasts To 2028 Industry Vertical
10.1 Overview
10.2 North America Cloud Computing Market, By Industry Vertical (2021 and 2028)
10.3 BFSI
10.3.1 Overview
10.3.2 BFSI: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
10.4 IT and Telecom
10.4.1 Overview
10.4.2 IT and Telecom: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Government and Public Sector
10.5.1 Overview
10.5.2 Government and Public Sector: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Retail and Consumer Goods
10.6.1 Retail and Consumer Goods: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Manufacturing
10.7.1 Manufacturing: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
10.8 Healthcare and Life Sciences
10.8.1 Healthcare and Life Sciences: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
10.9 Others
10.9.1 Others: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Cloud Computing Market – Country Analysis
11.1 North America: North America Cloud Computing Market
11.1.1 North America: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
11.1.2 North America: Cloud Computing, by Key Country
11.1.2.1 US: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
11.1.2.1.1 US: Cloud Computing, By Service Model
11.1.2.1.2 US: North America Cloud Computing Market, By Deployment Model
11.1.2.1.3 US: North America Cloud Computing Market, By Vertical
11.1.2.1.4 US: North America Cloud Computing Market, By Organization Size
11.1.2.2 Canada: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
11.1.2.2.1 Canada: Cloud Computing, By Service Model
11.1.2.2.2 Canada: North America Cloud Computing Market, By Deployment Model
11.1.2.2.3 Canada: North America Cloud Computing Market, By Vertical
11.1.2.2.4 Canada: North America Cloud Computing Market, By Organization Size
11.1.2.3 Mexico: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
11.1.2.3.1 Mexico: Cloud Computing, By Service Model
11.1.2.3.2 Mexico: North America Cloud Computing Market, By Deployment Model
11.1.2.3.3 Mexico: North America Cloud Computing Market, By Vertical
11.1.2.3.4 Mexico: North America Cloud Computing Market, By Organization Size
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 Amazon Web Services
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Microsoft Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 SAP SE
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 IBM Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Salesforce.com, inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Pro
13.5.4 ducts and Services
13.5.5 Financial Overview
13.5.6 SWOT Analysis
13.5.7 Key Developments
13.6 Google LLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Oracle Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Alibaba Group Holding Limited
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Adobe
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Workday, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. North America Cloud Computing Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. North America: Cloud Computing, By Service Model – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Cloud Computing Market, by Infrastructure as a Service – Revenue and Forecast to 2028 (USD Million)
Table 4. North America Cloud Computing Market , by Platform as a Service – Revenue and Forecast to 2028 (USD Million)
Table 5. North America Cloud Computing Market, by Software as a Service – Revenue and Forecast to 2028 (USD Million)
Table 6. North America: North America Cloud Computing Market, By Deployment Model – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America: North America Cloud Computing Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 8. North America: North America Cloud Computing Market, By Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Cloud Computing, By Service Model –Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Cloud Computing, By Infrastructure as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 11. US: Cloud Computing, By Platform as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 12. US: Cloud Computing, By Software as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 13. US: North America Cloud Computing Market, By Deployment Model –Revenue and Forecast to 2028 (US$ Million)
Table 14. US: North America Cloud Computing Market, By Vertical–Revenue and Forecast to 2028 (US$ Million)
Table 15. US: North America Cloud Computing Market, By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 16. Canada: Cloud Computing, By Service Model –Revenue and Forecast to 2028 (US$ Million)
Table 17. Canada: Cloud Computing, By Infrastructure as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 18. Canada: Cloud Computing, By Platform as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 19. Canada: Cloud Computing, By Software as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 20. Canada: North America Cloud Computing Market, By Deployment Model –Revenue and Forecast to 2028 (US$ Million)
Table 21. Canada: North America Cloud Computing Market, By Vertical–Revenue and Forecast to 2028 (US$ Million)
Table 22. Canada: North America Cloud Computing Market, By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 23. Mexico: Cloud Computing, By Service Model –Revenue and Forecast to 2028 (US$ Million)
Table 24. Mexico: Cloud Computing, By Infrastructure as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 25. Mexico: Cloud Computing, By Platform as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 26. Mexico: Cloud Computing, By Software as a Service –Revenue and Forecast to 2028 (US$ Million)
Table 27. Mexico: North America Cloud Computing Market, By Deployment Model –Revenue and Forecast to 2028 (US$ Million)
Table 28. Mexico: North America Cloud Computing Market, By Vertical–Revenue and Forecast to 2028 (US$ Million)
Table 29. Mexico: North America Cloud Computing Market, By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 30. Glossary of Terms, North America Cloud Computing Market
LIST OF FIGURES
Figure 1. North America Cloud Computing Market Segmentation
Figure 2. North America Cloud Computing Market Segmentation – Country
Figure 3. North America Cloud Computing Market Overview
Figure 4. North America Cloud Computing Market, By Service Model
Figure 5. North America Cloud Computing Market, By Country
Figure 6. North America: PEST Analysis
Figure 7. North America Cloud Computing Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America Cloud Computing Market Impact Analysis of Drivers and Restraints
Figure 10. North America Cloud Computing Market, Forecast and Analysis (US$ Mn)
Figure 11. North America: Cloud Computing Revenue Share, By Service Model (2021 and 2028)
Figure 12. Infrastructure as a Service (IaaS): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Storage: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Archiving: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Compute: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Platform as a Service (PaaS): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Application: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Integration: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Data Management: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Software as a Service (SaaS): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Customer Relationship Management (CRM): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Enterprise Resource Planning (ERP): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Human Capital Management (HCM): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Content, Collaboration, and Communication: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Supply Chain Management (SCM): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Others: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: Cloud Computing Revenue Share, By Deployment Model (2021 and 2028)
Figure 30. Public Cloud: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Private Cloud: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: North America Cloud Computing Market Revenue Share, By Organization Size (2021 and 2028)
Figure 33. Small and Medium-sized Enterprises (SMEs): North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. Large Enterprises: North America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. North America: Cloud Computing Revenue Share, By Vertical (2021 AND 2028)
Figure 36. BFSI: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. IT and Telecom: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Government and Public Sector: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Retail and Consumer Goods: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Manufacturing: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Healthcare and Life Sciences: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Others: North America Cloud Computing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. North America: Cloud Computing – Revenue and Forecast to 2028 (US$ Million)
Figure 44. North America: Cloud Computing Revenue Share, by Key Country (2021 and 2028)
Figure 45. US: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
Figure 46. Canada: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
Figure 47. Mexico: Cloud Computing – Revenue, and Forecast to 2028 (US$ Million)
- Amazon Web Services
- Microsoft Corporation
- SAP SE
- IBM Corporation
- Salesforce.com, inc.
- Google LLC
- Oracle Corporation
- Alibaba Group Holding Limited
- Adobe
- Workday, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America Cloud Computing Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in North America Cloud Computing Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.