Cloud Computing Market to grow at a CAGR of 11.3% by 2035
Cloud computing market is experiencing substantial growth owing to the increasing adoption of digital transformation strategies, rising demand for scalable IT infrastructure, and growing integration of advanced technologies such as artificial intelligence, big data analytics, and IoT across industries. The increasing preference for remote working environments, data storage flexibility, and cost-efficient enterprise operations is further accelerating the deployment of public, private, and hybrid cloud solutions globally. Additionally, growing investments by enterprises and governments in secure cloud infrastructure and rising demand for cloud-based services across BFSI, healthcare, telecom & IT, and retail sectors are expected to drive the market at a CAGR of 11.3% during the forecast period.
Browse the full report description of “Cloud Computing Market Size, Share & Trends Analysis Report by Vehicle Type (Private Cloud, Public Cloud, and Hybrid Cloud), by Component (Hardware, Software, and Services), and by Vertical (BFSI, Government, Military & Defense, Telecom & IT, Healthcare, Retail, and Others) Forecast Period, (2026-2035)” at https://www.omrglobal.com/industry-reports/cloud-computing-market-size
March 2026 – Google Cloud completed acquisition of Wiz to strengthen cloud security portfolio
In March 2026, Google announced the completion of its acquisition of cloud security company Wiz. The acquisition is aimed at enhancing multicloud and AI-driven cybersecurity capabilities for enterprise cloud customers. The deal significantly strengthens Google Cloud’s position against Amazon Web Services and Microsoft Azure in the enterprise security segment. The integration of Wiz’s advanced cloud-native security technologies is expected to improve threat detection, risk management, and security automation across complex cloud environments. The acquisition also reflects the increasing focus on securing multicloud infrastructure and AI-driven enterprise applications amid rising cybersecurity concerns globally.
December 2025 – AWS launched new AI infrastructure and cloud innovations at re:Invent 2025
Amazon Web Services introduced several next-generation cloud and AI offerings during AWS 2025, including Graviton5 processors, Trainium3 UltraServers, Amazon Bedrock AgentCore, AWS AI Factories, and expansion of Amazon Nova AI models. These innovations are designed to strengthen AI infrastructure capabilities, improve computing efficiency, and support large-scale generative AI workloads for enterprise customers. The newly launched solutions are expected to accelerate AI adoption across industries such as healthcare, finance, manufacturing, and retail. The launch further reinforces AWS’s strategy to expand its leadership position in the rapidly growing global cloud and artificial intelligence market.
October 2025 – Oracle introduced Multicloud Universal Credits across AWS, Azure, and Google Cloud
In October 2025, Oracle launched Oracle Multicloud Universal Credits, enabling customers to consume Oracle Cloud Infrastructure services across multiple cloud providers including Amazon Web Services, Microsoft Azure, and Google Cloud through a unified licensing structure. The initiative is aimed at simplifying multicloud operations and improving flexibility for enterprise customers managing hybrid cloud environments. The launch reflects the growing demand for seamless interoperability between major cloud platforms and increasing enterprise preference for multicloud deployment strategies. It also supports Oracle’s broader strategy to strengthen its position in the competitive global cloud infrastructure market.
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