Cloud Services State of the Market – North America
State of the Market Report

23 Dec 2024
by Mukesh Ranjan, Zachariah K Chirayil, Aastha Chakrawarty, Kaustubh K

Cloud solutions are propelling businesses to expand, boost adaptability, and accelerate innovation through readily available resources and infrastructure, eliminating substantial initial investments. North America leads globally in cloud services with a market driven by rapid technology advances and broad industry adoption in sectors such as healthcare, manufacturing, and finance.

The increasing demand for edge computing and AI-enhanced services is opening fresh avenues in cloud technology. Companies are seeking tailored customer experiences, compliance-focused infrastructure, increased agility, and services catering to local needs. The surge in demand for these technologies reflects a broader shift toward more dynamic, responsive business operations.

To adapt, industries are increasingly leveraging cloud services to meet complex challenges in real time, using cloud-based analytics and machine learning capabilities. This trend underscores the necessity for robust, secure, and compliant cloud solutions in today's digital landscape.

In this report, we provide an overview of the North American cloud services market, including trends, demand drivers, and key enterprise concerns. The report also outlines the characteristics of cloud services engagement in North America and delves into the market outlook for 2025.

Scope

  • All industries
  • Geography: North America
  • The analysis is based on Everest Group’s annual RFI process, interactions with leading cloud service providers, client reference checks, enterprise interactions, and an ongoing analysis of the cloud services market in North America

Contents

In this report, we examine:

  • The trends, demand drivers, and key enterprise concerns in the North American cloud services market
  • Enterprises’ top cloud services barriers and demand trends
  • The future outlook for 2025

Membership(s)

Cloud and Infrastructure Services

Sourcing and Vendor Management

 

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