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Synergy Research:2022 annual global cloud revenue exceeds $500 billion

2025-04-06 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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On January 25, Synergy Research Group noted in its latest report that in the public cloud and infrastructure market, revenue from operators and suppliers reached $544 billion (currently about 3.69 trillion yuan) in 2022, an increase of 21 percent over 2021.

Among them, the fastest growth is infrastructure as a service (IaaS) and platform as a service (PaaS), although affected by multiple factors such as a stronger dollar, the annual revenue of these services still increased by 29%, totaling more than $195 billion. Private cloud managed services, Enterprise Software as a Service (SaaS) and content delivery Network (CDN) contributed a further $229 billion in revenue, an increase of about 19% since 2021. In addition, public cloud providers spent $120 billion on building, leasing and equipping their data center infrastructure, an increase of 13% over the previous year.

According to Synergy, 15 companies in the public cloud ecosystem account for 60 per cent of all public cloud-related revenue. Microsoft, Amazon, Salesforce and Google attracted the most attention, followed by Adobe, Alibaba, Cisco, Dell, Huawei, IBM, Chao, Oracle, SAP and VMware.

Geographically, the US remains the "center of gravity", accounting for 45 per cent of total cloud services revenue and 53 per cent of very large data center capacity in 2022, according to Synergy. The vast majority of leaders in services and infrastructure are American companies, followed by Chinese companies, accounting for 8% of cloud services revenue in 2022 and 16% of very large data center capacity.

Synergy expects the revenue size of the public cloud ecosystem to double over the next four years. During this period, the number of very large data centers operated by cloud providers is expected to increase by 50%, and the capacity of the data center network will expand by more than 65%.

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