Cloud Storage Statistics

Last Updated on: January 13th, 2024

cloud storage statistics facts

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Cloud storage has become a critical component of modern business operations, offering a flexible and scalable solution for data management. According to recent data, the global cloud storage market is expected to reach over $100 billion by 2024, driven by the growing demand for secure and efficient storage solutions. The COVID-19 pandemic has only accelerated this trend, as remote work has increased the need for cloud storage solutions that can support remote collaboration and data sharing. In addition, advancements in technology, such as the growth of the Internet of Things (IoT) and the increasing use of big data, have created new opportunities for cloud storage providers to expand their offerings and meet the needs of businesses of all sizes. With a growing number of organizations recognizing the benefits of cloud storage, the industry is poised for continued growth and innovation in the years to come.

Here is a collection of some of the most interesting cloud storage statistics and fun facts I have stumbled across in my internet travels. Posts here cover both individual companies as well as the industry as a whole.

Stat posts here are edited and updated almost daily, so be sure to check back often!

Cloud Storage Statistics and Facts

Projected revenue for the public cloud industry in 2019:

$214.3 billion

Number of people employed by the Cloud industry in the US:

2 million

Last updated 3/5/19

Amount that cloud computing contributed to the US GDP in 2017:

$214 billion

Percentage of in-house data centers that have more server capacity than they need:


Last updated 12/1/17

Average amount that companies overpay for cloud services they don’t need:


Last updated 12/1/17

Projected size of the data storage market in 2018:

$173 billion

Last updated 12/1/17

Business sector that has cloud platform adoption:

Service Industry

Percentage of organizations that completely trust public clouds to keep their data secure:


Last updated 4/23/17

Percentage of organizations that distrust public clouds to keep their data secure:


Last updated 4/23/17

Country with the highest public cloud adoption rate:

Australia (33%)

Last updated 4/23/17

Percentage of data center traffic that is cloud based:


Last updated 5/31/16

Projected percentage of data center traffic that will be cloud based by 2019:


Last updated 5/31/16

Percentage of enterprises that keep sensitive data in the cloud:


Last updated 2/24/17

Cloud Storage Company Statistics Pages