BRICS Cloud Compute Service Market Size | 2019-2032

BRICS Cloud Compute Service Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: CCT15186  | Publication: July 2024  |  US$925  |  

BRICS Cloud Compute Service Market Growth and Performance

BRICS Cloud Compute Service Market


  • The cloud compute service market size in BRICS increased to US$ 3.39 Billion in 2023, with a year-on-year growth rate of 28.0%.
  • By the end of 2032, the BRICS cloud compute service market is on track to achieve US$ 12.82 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 15.3% throughout the forecast period.
  • The cloud bare metal market segment is estimated to hold the largest market share of 36.6% and be valued at US$ 4.69 Billion in 2032.
  • In 2032, 55.2% of the total spending in the BRICS cloud compute service market is forecasted to come from China.

BRICS Cloud Compute Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Cloud Bare Metal Market

Cloud Container Market

Virtual Machine Market

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

BRICS Cloud Compute Service Industry: Regional Coverage

 

Countries

BRICS

Brazil

Russia

India

China

South Africa

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