How Many Companies Use Cloud Computing in 2021? All You Need To Know

Has your website ever suffered from a cyberattack, resulting in the loss of critical data?

Have you ever lost important files, software, or programs due to a hard drive crash at one point? 

Are you looking for a solution that will also save you some cash?

Look no further. Cloud computing is the answer.

More and more businesses are adopting it.

In this article, we’ll discuss how many companies use cloud computing, what are the benefits, and why you should jump on the bandwagon. 

Amazing Cloud Adoption Statistics for 2021

Check out some of our fantastic cloud adoption stats to get you started.

  • The public cloud computing market will be worth $800 billion by 2025.
  • By 2024, enterprise cloud spending will make up 14% of IT revenue globally.
  • Platform as a Service (PaaS) will grow by 26.6% in 2021.
  • 70% of companies using the cloud plan to increase their budgets in the future.
  • 61% of businesses migrated their workloads to the cloud in 2020.
  • Amazon Web Services (AWS) had a 76% share of the enterprise cloud adoption in 2020.

See? 

We told you the numbers were mind-blowing.

But that’s not all!

How Many Companies Are Using Cloud Computing in 2021?

In this section, we will be exploring the cloud computing market.

1. The market for public cloud will be worth $800+ billion by 2025.

(Source: Cision)

Corporations are using the cloud more and more.

According to predictions, the global cloud computing market will grow by $461 billion by the last quarter of 2025. That will be a 17.5% Compound Annual Growth Rate (CAGR).   

And this implementation is happening in every industry imaginable, such as retail, media, telecom, education, banking, and other financial services.

2. Predictions show that spending for enterprise cloud platforms will increase by 14% in 2024. 

(Source: Gartner)

End users quickly learned to adapt to the “new normal” when the unforeseen pandemic hit in 2020. 

Organizations have discovered that it’s possible to use a computer system without direct management by the user. In other words, they don’t have to own any data centers and can also pay for services like storage as they can go. Honestly, who can resist that?

According to enterprise cloud adoption statistics, the sector will grow by almost 15% by 2024. That will be a 5% increment compared to 2020.

3. In 2021, Platform as a Service (PaaS) will grow by nearly 30%

(Source: Gartner)

Forecasts show that spending on application infrastructure like PaaS will grow by a quarter in 2021. The number one position will go to SaaS with a growth of $117 billion in 2021. Infrastructure as a Service (IaaS) will come in second with $65 billion. The third position is occupied by Platform as a Service (PaaS), with consumer spending of $55 billion.

4. ¾ of organizations using cloud services plan to increase their expenditure.

(Source: Gartner)

According to cloud adoption stats, 7 out of 10 establishments using the services in 2020 decided to disburse more money in the area. In the wake of the pandemic, businesses needed to invest more money in virtual working technologies. 

The market will also continue growing in the coming years as more telecommunications companies partner with service providers to form hybrid work environments. More consumers will adopt automation for better collaboration and flexible working. 

5. In 2020, more than 50% of organizations moved their workloads to the cloud.

(Source: Flexera)

2020 will go down in history as the year most companies had to transform their operations almost overnight.

So, how many companies use cloud computing?

As of 2020, six out of 10 businesses moved their work to the cloud. This trend is likely to continue in the coming years, as 46% of companies reported better financials on costs.

6. In 2020, AWS got the largest enterprise public cloud adoption.

(Source: Flexera)

Amazon Web Services offers affordable cloud services and is one of the company’s top earners. In 2020, it earned the ecommerce store $10 billion, after a steady 30% growth every quarter.

When it comes to the battle of supremacy, cloud adoption enterprise statistics show that AWS is the conqueror with almost 80% of the market share. The other about 20% of businesses that aren’t already using it are either planning to implement it in the future or are already trying it out.

Second place goes to Azure with a 69% market share. Google Cloud takes the third position with 34%. It will be interesting to see how cloud service providers like Alibaba and IMB perform in the future as demand continues to rise. The two contenders hold the last and second last positions with 7% and 15% respectively regarding popularity amongst users. 

Note – 93% of all enterprises use multi-cloud environments, e.g. the enterprise relies on multiple vendors. 

Enterprise Cloud Adoption Statistics

Over the last decade, companies have been moving their activities to the cloud in their thousands. Soon, we may find that almost no one will be willing to utilize physical servers to carry out company operations anymore. In that regard, we have decided to bring you some of the essential cloud adoption enterprise statistics you will ever encounter on the internet. Read on to discover them.

7. Cloud costs will become cheaper in the future.

(Source: Analytics India Mag)

Businesses that need to save a coin are in luck.

Why?

The cloud space is not a monopoly.

That means that as more businesses continue to opt for the services, costs are likely to go down as well.

Cloud computing facts show that companies like AWS, Google Cloud, and Azure are the most popular as of 2021. 

However, be on the lookout for firms like IBM, Alibaba, Oracle, or VMware since they are also striving to do well in the niche.

Now, that’s good news for buyers, and I’ll tell you why:

New and upcoming service providers try to get a competitive edge by offering the best product at the most affordable rates. The Giants have no choice but to follow suit. Guess who has more top-of-the-range options at pocket-friendly prices? You, the consumer.

8. As of 2020, most businesses preferred to use the public cloud.

(Source: Flexera)

In 2020, 31% of enterprises depended on the public cloud, a cheaper alternative according to public cloud adoption statistics. Hybrid cloud took second place, with 28% of businesses prioritizing it. Also, 17% of enterprises considered the public and private cloud to be of equal priority. On-premises private cloud and hosted private cloud came last with 9% and 6%, respectively.

9. By Q4 of 2021, 28% of businesses will be using cloud containers.

(Source: TechRepublic)

Cloud containers give users more control as they use programs virtually compared to regular servers. They’re reliable, efficient, and productive, hence increasingly becoming popular.

The future of cloud computing shows that serverless computing will jump to 28% by the end of 2021. AWS will be the biggest player in this market. 

10. 93% of organizations using the cloud in 2020 had a multi-cloud strategy.

(Source: Flexera)

Cloud adoption statistics show that over 90% of companies utilizing the cloud in 2020 also embraced multi-cloud. 87% went the hybrid route

Some people confuse a multi-cloud strategy with a hybrid cloud.

Well, there’s a difference between the two.

A hybrid cloud strategy leverages the outstanding qualities of the combination of both public and private cloud hosting. On the other hand, a multi-cloud strategy utilizes various cloud service providers like Amazon AWS, Google Cloud, etc., to perform their duties. 

A multi-cloud strategy may or may not include a hybrid cloud, depending on what you want to achieve. The primary reason for multi-cloud strategy adoption is to reduce dependency on a particular cloud host in case of a breakdown.

Small and Medium-Size Businesses (SMBs) Cloud Adoption Statistics

For SMBs, the cloud provides the perfect platform for operating on a low budget and still being able to maximize profit without compromising quality, cost, and efficiency. It is no wonder SMBs are the most significant adopters of cloud technology in today’s economy. Keep reading to find out some of the most fascinating SMB cloud adoption statistics.

11. 43% of SMBs preferred to use a public-hosted cloud service in 2020.

(Source: Flexera)

Only 35% preferred private clouds during that same year.

SMBs are always on a tight budget. That means they have to maximize all of the available resources to achieve the desired result. Public cloud is easy to use, cost-efficient, easily scalable, and even comes with pre-installed hardware and applications. 

Compared to private and hybrid clouds, this is a cheaper option.

12. Cloud Computing is 40x cost-effective compared to in-house IT systems for SMBs.

(Source: Multisoft Virtual Academy)

Yes, you read that correctly. Cloud computing can help you cut costs in ways that you never imagined possible with physical servers. 

For one, moving to the cloud will save you the expenses of owning and maintaining hardware equipment needed by physical servers, such as repairs, electricity bills, upgrades, and security expenses. Secondly, you only pay for resources that you make use of in the cloud.

13. 34% of employees will permanently work virtually from 2021.

(Source: Reuters)

Remote working is no longer a preserve of freelancers.

Cloud adoption statistics for 2021 shows that decision-makers plan to move 34% of their workforce to telework in the long term. That’s double the figure compared to what it was before the COVID pandemic.

14. 40% of fortune 500 companies will undergo a digital transformation in 2021.

(Source: Venture Beat)

How many fortune 500 companies use cloud computing? 

Almost 50% of fortune 500 companies are going to experience some form of technological transformation in 2021. They will either enhance existing platforms or automate manual operations.  

We already see some changes in this area in 2021, for instance:

  • Banks in most countries are making it possible for clients to carry out mobile transactions, so they don’t have to visit physical branches. 
  • Curbside delivery allows consumers to pick up products without the need to visit, and probably que in brick and mortar stores. 

15. 39% of businesses don’t have the skills necessary for cloud migration.

(Source: IDC)

Rolling out technological systems requires some form of tech knowledge.

According to cloud adoption stats for 2021, nearly 40% of companies aren’t confident that they have the competency to make the switch. This can be fixed by proper training.

Public Cloud Adoption Statistics

A public hosted cloud allows businesses to utilize a data center’s services without actually owning one. In this case, a cloud host (eg, Amazon) leases out some part of its data center to businesses on a temporary basis, and at a fee. Your cloud host handles all management and maintenance, and you only pay for the services that you need. 

Now.

Let’s talk about public cloud adoption statistics.

16. By 2022, 90% of enterprises in the globe will be using multi-cloud.

(Source: IDC)

Cloud adoption statistics show that utilization of multi-cloud will be almost 100% in 2022. That’s according to a March 2020 report. It predicted more companies would prefer a mix of legacy platforms, multiple public, and on-premise private clouds in a bid to meet infrastructure requirements.

17. In 2020, 97% of Information Technology managers (IT) planned to distribute work through different clouds.

(Source: Businesswire)

Multi-cloud environments were becoming popular with IT heads in 2020, with nearly 100% of them planning to distribute workloads through them. Note that this is a trend that’s still ongoing in 2021. 

There are some reasons for this preference, and here they are:

  • 43% of participants want to meet compliance and regulation needs
  • Each provider will offer a set of benefits, according to 42% of the managers 
  • 63% of respondents plan to do it to reap on reliability and availability

18. User spending in the public cloud computing market will reach $304 billion by 2021.

(Source: Gartner)

According to cloud adoption statistics for 2021, end-user expenditure will grow by $47 billion in 2021. That will be an 18% increase from 2020, and several factors have propelled that.

Amidst the pandemic, consumers have moved to affordable and scalable options that they can use on-demand. With the need to transform how businesses operate, the public cloud has become a necessity rather than a luxury.

Which Industry Is the Biggest User of Cloud Computing?

Since taking the center stage as the most preferred platform for storing, managing, and processing business data, cloud computing has seen massive adoption across various industries. The stats that follow will introduce some of the most significant industry users of cloud technology around the globe.

19. Infrastructure as a Service (IaaS) grow by 27% in 2021

(Source: Statista)

IaaS is slowly catching up with the big dogs – SaaS and PaaS. In 2021, its implementation will grow by 11% compared to what it was in 2020, according to cloud adoption stats for 2021. Business process services (BPaaS) will experience a single-digit growth of 6.25 during the same period.

20. SaaS will account for 75% of all workloads in 2021.

(Source: Business)

As more businesses move away from on-premise platforms, SaaS will continue to be a favorite for many. Seven out of 10 workloads in 2021 will come from SaaS as companies continue to look for solutions that will address the lessons from the effect of Covid in 2020.

21. 98% of businesses will switch to the multiple-hybrid cloud by 2021.

(Source: Net Gain)

A multi-cloud strategy allows an organization to run all of its activities on different clouds, using various providers. It helps save costs, security reasons, and backup plans

22. SaleForce was the largest SaaS company in 2020 in the US.

(Source: Mike Sonders)

As of 2020, SalesForce was the biggest SaaS Company in the United States at $161.4B market capitalization, according to cloud adoption statistics

That was almost thrice the runner-up’s value.

ServiceNow and Shopify came in second and third with $57.9B and $52.1B, respectively. 

Cloud Adoption Rates by Country

Yes, cloud usage is at an all-time high, but not all countries are utilizing its benefits equally. Here are some of the top cloud adoption statistics by country.

23. North America’s online backup budget is at 15% as of 2021.

(Source: SWZD)

North America allocates 15% of its IT budget to online data restoration and recovery in the cloud. Europe allots 10% for backup. North America directs 15% of its total information technology budget to cloud productivity, while Europe does 9%.

24. Cloud investment by the US Federal government will drop to $2.2 billion in 2021.

(Source: Market Research)

You might have heard that the federal government is unexpectedly dropping its spending by 17%. That will be $400M what it was the last few years.

However, IDC’s research director Shawn P. McCarthy says that it’s most likely an under sight. He promises that the statistics regarding cloud adoption rates by the industry will be much better. The figure is expected to grow to $3 billion during the same period.

25. In 2020, the UK was the third-largest cloud consumer in the world. 

(Source: Pure Cloud)

Cloud use statistics by country show that the United Kingdom was among the top three investors in 2020, with $13.8 billion. The first place went to the United States with $171 billion. China was the second-largest investor with $14.5 billion.

26. As of 2020, spending on cloud services was 25% in the Asia Pacific (APAC) region.

(Source: BCG)

According to statistics on cloud adoption rate by country, Singapore, China, Malaysia, Australia, Japan, and Indonesia are the leaders of cloud adoption in Asia.

27. 36% of EU countries used cloud computing to host their emails in 2020.

(Source: EC Europa)

2018 was a challenging year for most countries in Europe due to the recession. At the time, only 26% of organizations in the union used the technology.

In a positive turn of events, 2020 saw quite an improvement in the number of companies adopting cloud use. Nearly 40% of firms in the region had started using it. 

Cloud Security Statistics for 2020

One of the top reasons why organizations are moving to the cloud is security. The cloud has sophisticated and up-to-date security software that makes it difficult for cyberattacks to target businesses. Here are some of the most outstanding cloud security statistics.

28. 60% of organizations will use Cloud Access Security Brokers (CASB) by 2022.

(Source: eWeek)

Businesses store sensitive data in the cloud, which naturally causes questions regarding the security aspect. Firms that use multiple topologies, applications, and cloud providers are most often scrutinized.

But you need not worry, as CASB can protect your information. In fact, cloud security statistics for 2021 show that six out of 10 businesses will embrace their use come 2022. 

There’s a reason why they’re becoming the go-to option for many:

They have top-notch safety features that you wouldn’t normally find with regular cloud service providers. In addition, they offer strong controls and granular visibility.

29. Hackers will target home computers in 2021 and beyond.

(Source: Government Technology)

Remember a time “Nigerian princes” were all over the internet trying to scam people?

Well, cybercriminals have come a long way since then and now have smarter and more sophisticated ways to trick users into installing malware. A recent example of how swift these criminals have become is the Solar Winds incident. 

Predictions show that lots of internet thugs will target more people working from home in 2021. A 2016 Gartner report on cloud security statistics forecasted that 95% of security breaches in 2020 would be the user’s fault.  

And that’s somehow true if they don’t tighten their safety controls.

Most people don’t have the luxury of corporate firewalls; hence this would be a good time to tighten those loopholes. 

30. 80% of bad bots operate from the cloud in 2021.

(Source: Dark Reading)

Not to scare you, but there are a lot of opportunistic virtual machines lurking in the cloud waiting to pounce on unsuspecting users.

But here at Techjury, we say that information is power.

It can help you seal all your vulnerabilities and stop attackers in their tracks.

According to cloud security stats, eight out of 10 digital robots live in the cloud as of 2021. They are so sophisticated that they are not using high-tech technology like Kubernetes, SageMaker, or AWS Glue.

Again, this is a call for all stakeholders to ensure they conduct awareness training and invest in security tools.

The Future of Cloud Computing

Advanced artificial intelligence is at the forefront of future trends in the cloud computing market. Let’s talk about the cloud computing market trends as a whole.

31. Spending on AI will grow to $52 billion in 2021.

(Source: AiThority)

According to cloud adoption statistics, AI will grow at a compound annual interest of 46.2% from 2016 to 2021. Therefore, expect to see an uprising of data across the globe. Artificial intelligence will help distribute loads of work via the cloud as well as make most tasks automatic.

32. By 2024 Global 2000 Enterprises will create data at a rate of 1.4 million gigabytes.

(Source: Data Center Frontier)

Cloud computing market trends show that we can expect lots of data from Global 2000 Enterprises. These organizations will be processing close to 1.5 million gigabytes by 2024. All this data will need storage, and the cloud will come in handy. 

33. Companies plan to increase hybrid cloud deployment by 54%.

(Source: Tech Republic)

According to hybrid cloud adoption statistics, over 50% of survey participants want to implement the solutions by 2026. It will happen as establishments get rid of non-cloud data centers.

34. Over 20% of organizations worldwide adopted serverless computing in 2020.

(Source: Cloud Kinetics)

This was a sharp increase from the meager 5% in 2018. Serverless computing allows developers to create, test, launch, and manage programs on the cloud without purchasing server space. Instead, it charges users on a pay-as-you-use basis. 

Many times, businesses switch to the cloud to rent a fixed number of servers or space without owning them. According to statistics on how many companies use cloud computing in 2021, serverless computing aims to curb this. Two in 10 businesses had implemented it in 2020. That is likely to continue in the future. 

35. The TV cloud computing segment will grow to $4.2 billion in 2026.

(Source: Markets and Markets)

The Cloud TV space grew by 1.2 billion in 2020. Predictions show that growth in the sector will more than triple in the coming years.

By 2026, its worth will increase by $3 billion, a CAGR of 21.9%. This will happen as internet users consume more content on connected TVs, tablets, smartphones, and other devices

Wrap Up

So.

How many companies use cloud computing?

Cloud computing is no longer an upcoming trend – it has successfully taken over most industries’ online processes. The high level of security, cost-effectiveness, flexibility, and high scalability are undeniable benefits.

If your business is not actively utilizing the cloud, there’s no better time to switch than now.

Trust us, it’ll be worth it.

FAQ

How big is cloud computing?

Very big. The global cloud computing market was worth over $200 billion in 2020. During the same period, businesses handled more than 60% of all their internet workloads in the cloud. Predictions show the figure will skyrocket to about $623 billion by 2023. More will follow suit shortly.

What percentage of applications have moved to the cloud to date?

As of 2020, 81% of organizations had at least one application running on the cloud. 

What percentage of companies use the cloud?

As of 2020, 93% of businesses had a multi-cloud strategy, while 83% utilized hybrid cloud approaches. 

What is cloud computing adoption?

Cloud computing adoption is a strategy deployed by both small and large organizations in utilizing remote servers hosted on the internet to achieve business growth. The aim of all cloud adoption strategies is to improve the productivity of a business at a reduced cost and risk, without tampering with product quality. Seeing how many companies use cloud computing, it’s definitely working.

ABOUT AUTHOR

I am a natural-born connector, known for long-standing and effective business partnerships. I am fuelled by my passion for human resources and my genuine love of connecting with others. To date, my knowledge & determination to transform information into action & initiatives have contributed to my successful career. HR is something that I live and breathe, and I know the impact it has in transforming businesses; and the lives of those who work inside it.

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2 Comments

  1. Very informative

    1. Thank you Mahesh!

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