2021
9
UK Cloud Computing Market Report 2021
2021-10-02T04:06:42+01:00
OX1049177
1495
143110
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Report
en_GB
“The cloud computing model is inherently designed to handle fluctuating demand and was therefore ideally placed to handle the impacts of the COVID-19 crisis. Cloud computing was already in strong…

UK Cloud Computing Market Report 2021

£ 1,495 (Excl.Tax)

Description

Providing the most comprehensive and up-to-date information and analysis of the UK Cloud Computing market, including the behaviours, preferences and habits of the consumer.

There are few markets where the market leader can achieve a 29% increase in revenues and still see its market share fall. Yet AWS, one of the pioneers of cloud computing as a commercial proposition, saw its global market share fall from almost 45% in 2019 to 41% in 2000. Despite Amazon’s major market share and its meteoric rise in the cloud computing market, the company did not invent the concept. Amazon was only three years old when the first references were made elsewhere to cloud computing, and Amazon did not commercialise it till 2006.

Digitisation of business, public service and indeed consumer markets was already rapidly developing. COVID-19 and the associated government measures to prevent the pandemic spread created ideal conditions for the furthering of that trend. While some of those conditions will change as restrictions are removed, the trend to cloud computing will only gather pace. There are few realistic obstacles to the furthering of cloud computing as a market, with the major challenge revolving around how to gain share in a market with huge further potential. A further challenge lies in providing such services in an environmentally sound way.

Opportunities abound; IBM estimates only 25% of workloads have yet been placed on the public cloud and that the hybrid cloud potential is US$1 trillion. Beyond the market size, the technology will transform incorporating growing levels of artificial intelligence and machine learning as the relentless growth in data generation poses new challenges.

Read on to discover more details or take a look at all of our UK Technology market research.

Quickly understand

  • How the already dynamic growth of cloud computing was further accelerated by the COVID-19 pandemic.
  • How large the expectations remain for cloud computing, and how it is emerging from its embryonic state.
  • How cloud offerings are equating the competitive landscape for SMEs that now have access to technologies such as AI and ML that would previously have proved prohibitively expensive.
  • How the various cloud options have different applications and how companies are moving from public, private and hybrid clouds to multi-cloud strategies and how the industry is responding with joint cloud offerings.
  • How the American and Chinese technology giants are competing for global positioning.
  • Future technology trends in cloud computing.
  • Cloud computing market share.
  • Cloud computing market research.

Covered in this report

Brands: Microsoft, Oracle, Google, IBM, Alibaba Group Holdings.

Expert analysis from a specialist in the field

This report, written by Terry Leggett, a leading analyst in the Technology sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.

The cloud computing model is inherently designed to handle fluctuating demand and was therefore ideally placed to handle the impacts of the COVID-19 crisis. Cloud computing was already in strong growth prior to the economic disruptions of Brexit and COVID-19, partly reflecting its embryonic development, but the pandemic served to accelerate the development and endorse the critical resilience features of the technology.

Terry Leggett - Research AnalystTerry Leggett
Senior Analyst

Table of Contents

  1. Overview

    • Key issues covered in this Report
    • COVID-19: market context
    • Economic and other assumptions
    • Products covered in this Report
  2. Executive Summary

    • COVID-19 stimulates cloud computing
      • Figure 1: Short, medium and long-term impact of COVID-19 on cloud computing, 2021
    • The market
    • Market size and forecast
      • Figure 2: Market size and COVID-19 scenario forecast for cloud computing, 2016-26
    • Challenges being overcome
      • Figure 3: Cloud migration challenges
    • A world perspective
      • Figure 4: Worldwide public cloud service market, 2019-22
    • The different revenue streams
      • Figure 5: Revenue segmentation of UK cloud computing market, 2016-21 (£ billion)
    • Revenues from an increasingly diverse portfolio
      • Figure 6: Segmentation of SaaS usage, by sector, 2020
    • The importance of digital development
      • Figure 7: Labour productivity in the UK compared with EU, 2010-20
      • Figure 8: Changes in overall and ICT business investment levels, 2010-20
    • Companies and brands
    • Global positioning
      • Figure 9: Global market shares of IaaS public cloud services, 2019 and 2020
  3. Issues and Insights

    • COVID-19 endorses the critical cloud features
    • The cloud is distributed in nature
    • Redundancy
    • The cloud is elastic and scalable in nature
    • Cloud reliance on the internet
    • Appearances are deceptive on environmental issues
  4. The Market – Key Takeaways

    • COVID-19
    • Rapid development
    • Symbiotic relationship with other technologies
    • Not without challenges
  5. Market Size and Performance

    • COVID-19 stimulates cloud computing
      • Figure 10: Short, medium and long-term impact of COVID-19 on cloud computing, 2021
    • A market boosted by the conditions
      • Figure 11: Market size for cloud computing, 2016-21
      • Figure 12: Cloud migration challenges
  6. Market Forecast

    • Major strong growth
      • Figure 13: Market forecast for cloud computing, 2021-26
    • Market drivers and assumptions
      • Figure 14: Key drivers affecting MBD’s market forecast, 2015-25
    • Forecast methodology
  7. Market Segmentation

    • A worldwide perspective on the public cloud
      • Figure 15: Worldwide public cloud service market, 2019-22
      • Figure 16: Segmentation of forecast worldwide public cloud service market, 2019-22 (US$ million)
    • Segmentation by revenue
      • Figure 17: Revenue segmentation of UK cloud computing market, 2016-21 (£ billion)
    • Segmentation by end-use sector
      • Figure 18: Segmentation of SaaS usage, by sector, 2020
  8. Market Drivers

    • Introduction
    • The COVID-19 impact
      • Figure 19: Average share of products/services that are partially or fully digitised in Europe, 2017-20
      • Figure 20: International average share of products/services that are partially or fully digitised, 2019 and 2020
      • Figure 21: Change from planned cloud usage due to COVID-19, 2020
      • Figure 22: Percentage of employed population in a work from home status, 2011-20
    • Internet access
      • Figure 23: Global internet users, by region, 2021 (millions)
      • Figure 24: Proportion of UK businesses with internet access in the UK, by size of company, 2015-19 (%)
    • Digitisation and productivity
      • Figure 25: Labour productivity in the UK compared with EU, 2010-20
      • Figure 26: Changes in overall and ICT business investment levels, 2010-20
    • Artificial intelligence and machine learning
    • 5G rolling out
    • Internet of Things
  9. Companies and Brands – Key Takeaways

    • Heavyweight competitors
    • The industry not the market matures
    • Hugely competitive
  10. Competitive Strategies

    • International data centre development
    • Avoiding becoming a commodity
    • Many different clouds changing the dynamic
  11. Industry Structure

    • Classification issues
      • Figure 27: Changes in the structure of the data processing, hosting and related activities industry, 2016-20
      • Figure 28: Employment structure of the data processing, hosting and related activities industry, 2020
    • Global market shares
      • Figure 29: Global market shares of IaaS public cloud services, 2019 and 2020
      • Figure 30: Global turnover growth in IaaS public cloud services, by company, 2020
    • Will the global market shares change further?
      • Figure 31: Global current, experimental and planned use of public cloud among enterprises, by company, 2021
      • Figure 32: Global current, experimental and planned use of public cloud among SMEs, by company, 2021
  12. Company Profiles

    • Amazon Web Services
    • Activity
    • Performance
      • Figure 33: Turnover development of Amazon Web Services, 2015-20
      • Figure 34: Quarterly AWS revenues, 2019-21
    • Strategy
    • Microsoft
    • Activity
    • Performance
      • Figure 35: Revenue development of Microsoft’s Intelligent Cloud, 2016-21
    • Strategy
    • Alibaba Group Holdings
    • Activity
    • Performance
      • Figure 36: Quarterly revenues of Alibaba Cloud, 2016-21
    • Strategy
    • Google
    • Activity
    • Performance
      • Figure 37: Quarterly revenues of Google Cloud, 2018-21
    • Strategy
    • Huawei Technologies Co
    • Activity
    • Performance
      • Figure 38: Revenue development of Huawei Technologies, 2016-20
      • Figure 39: Revenue breakdown of Huawei Technologies, by activity, 2020
      • Figure 40: Geographic revenue breakdown of Huawei Technologies, 2020
    • Strategy
    • IBM
    • Activity
    • Performance
      • Figure 41: Quarterly cloud and cognitive software revenues of IBM, 2019-21
    • Strategy
  13. Appendix – Data Sources, Abbreviations and Supporting Information

    • Abbreviations
  14. Appendix – Central Forecast Methodology

    • Market forecast and prediction intervals
      • Figure 42: Cloud computing market forecast, 2021-26 (£ billion)
    • Market drivers and assumptions
      • Figure 43: Key drivers affecting Mintel’s market forecast, 2020-25
    • Forecast methodology

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

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Data

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*databooks not available with UK B2B Industry reports.

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