Introduction
Are you curious to know how many people use cloud storage?
An estimated 2.3 billion people use personal cloud storage services such as Dropbox, Google Drive, and pCloud, which has more than doubled from 1.1 billion users in 2014.
In today’s digital era, the use of cloud storage services has skyrocketed, revolutionizing the way individuals and organizations manage their data. In this comprehensive blog post, we will delve into the data on the usage of cloud storage, exploring the latest statistics, trends, and industry insights.
Let’s uncover the answers to the question: How Many People Use Cloud Storage?
Table of Contents
How Many People Use Cloud Storage?
In 2020, an estimated 2.3 billion people were using cloud storage. Since then, the use of personal cloud storage has increased. As of 2024, this number has probably increased.
Cloud storage has significantly impacted personal users by offering convenient and accessible solutions for storing and managing files, photos, and documents, enhancing productivity and collaboration in everyday life. As such, many people started using cloud storage in their daily lives, and not just for business.
Some statistics on personal use of cloud storage:
- 71% of people use cloud storage to store photos. 53% use it for backups and 41% use cloud storage to store music and videos (AAG).
- 65% of people use cloud storage as their main way to store data (Exploring Topics).
- In 2020, 70% of Americans were using a cloud storage service (Goodfirms Survey).
- More than half of users have more than three cloud storage providers.
- Less than 50% of users are aware of the Terms and Conditions they agree to.
- 27% of people store their passwords and login data in cloud storage services (Connectbit). This is why cloud storage security is so important. If you want to learn how to protect your cloud storage security, we highly recommend you to check our post.
Most Used Cloud Storage Providers by individuals
In a 2020, Goodfirms Survey, 648 survey participants indicated that Google Drive was the top choice for cloud storage in 2020. Dropbox came next in popularity, followed closely by OneDrive and iCloud.
If you are interested in using Dropbox, we recommend you to check our comparison post with Sync.com
Global Cloud Storage Usage Statistics
What are the biggest cloud service providers (cloud computer platforms for organizations)?
The largest cloud service providers globally are Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). These three giants collectively accounted for 66% of global cloud spend at the end of 2022, demonstrating their dominance in the market.
Where is data stored in cloud computing?
Cloud-based data is stored remotely in servers managed by cloud service providers, typically housed in data centers strategically located around the world.
Cloud Applications Market Value
The cloud applications market is worth over $150 billion. By 2025, it’s expected to reach $168.6 billion.
Data Stored in the Cloud
By 2025, it’s projected that 200 ZB of data will be stored in the cloud, with half of this volume expected to be hosted within cloud platforms, which encompass various services and infrastructure provided by cloud service providers like Amazon Web Services, Microsoft Azure, Google Cloud Platform, and others.
Public Cloud Services Spending
Public cloud services spending was estimated to reach almost $600 billion in 2023, with significant growth projected.
Cloud Infrastructure Services Revenue
Cloud infrastructure services generate $178 billion per year in revenue.
Business Cloud Storage Stats
Adoption of Multi-Cloud Infrastructure
90% of large enterprises have adopted a multi-cloud infrastructure, allowing for flexibility and scalability.
Average Number of Public and Private Clouds Used
Enterprises use an average of 2.6 public and 2.7 private clouds, indicating a growing acceptance of the hybrid cloud model.
Factors Hindering Multi-Cloud Adoption
Challenges in adopting multi-cloud infrastructure include cost, security, skills shortages, complexity, and compliance.
How do organizations manage cloud spending?
Managing cloud spend has become a top priority for businesses, with 82% of organizations citing it as their main challenge. Implementing effective cost management strategies and leveraging tools for cloud cost optimization are crucial steps.
Cloud Storage Industry Revenue
What is the revenue trend in the cloud storage industry?
The cloud storage industry has experienced significant revenue growth, with public cloud service revenue surpassing $415 billion in 2022, indicating substantial growth from the previous year.
Which cloud storage segments contribute the most revenue?
End-user spending on public cloud services is expected to reach nearly $600 billion in 2023, with approximately one-third of this spending predicted to be on Software-as-a-Service (SaaS).
What are the key drivers of revenue growth in the cloud storage market?
Factors such as the growing adoption of cloud technology, increasing demand for remote work solutions, and rising investments in digital transformation initiatives are driving revenue growth in the cloud storage market.
Forecasts and Trends of the Cloud Storage Market
What are the projected revenue figures for the cloud storage market?
The cloud storage market is forecasted to reach $376.36 billion by 2029, reflecting the escalating demand for cloud storage solutions across various industries worldwide.
What are the emerging trends shaping the future of cloud storage?
Several trends, including the proliferation of multi-cloud solutions, the expansion of cloud gaming markets, and the increasing focus on cloud spend management, are shaping the future of cloud storage. Additionally, advancements in cloud security measures and the evolution of serverless computing are poised to influence market trajectory.
References
References are very important to ensure credibility and depth in the topics we discussed in this blog. Below is a list of references we used to gather the latest statistics and knowledge on cloud computing for 2024 and before.
- Apps Run The World. “Cloud Applications Market Forecast 2021-2026”. appsruntheworld.com.
- Cybercrime Magazine. “Cybersecurity Ventures”. cybersecurityventures.com.
- Gartner. “Gartner Forecasts Worldwide Public Cloud Revenue to Grow 21.7% in 2021”. gartner.com.
- Synergy. “Cloud Infrastructure Services Market”. synergyresearchgroup.com.
- IDC. “Worldwide Cloud IT Infrastructure Market Revenue Grows 10.3% in Fourth Quarter of 2021”. idc.com.
- Newzoo. “Newzoo’s 2021 Cloud Gaming Report”. newzoo.com.
- Deloitte. “Tech Trends 2021”. deloitte.com.
- Statista. “Enterprise Cloud Storage Market Share Worldwide”. statista.com.
- HashiCorp. “HashiCorp State of Cloud Strategy Survey”. hashicorp.com.
- Flexera. “2021 State of the Cloud Report”. flexera.com.
- Business of Apps. “Microsoft Teams Revenue and Usage Statistics”. businessofapps.com.
- Statista. “Remote Workforce in the U.S. Due to Coronavirus (COVID-19)”. statista.com.
- Robert Half. “Remote Work Trends”. roberthalf.com.
- Thales. “2021 Thales Data Threat Report”. thalesgroup.com.
- Panda Security. “Panda Security Report”. pandasecurity.com.
- GoodFirms. “Cloud Storage Industry Overview”. goodfirms.com.
- Dropbox. “Dropbox Company Information”. dropbox.com.
- Statista. “Usage of Cloud Storage Services”. statista.com.
- TechRepublic. “Small Business Cloud Trends”. techrepublic.com.
Conclusion – How Many People Use Cloud Storage
Understanding the widespread adoption of cloud storage is crucial in the digital landscape. To answer your question on How Many People Use Cloud Storage, approximately 2.3 billion individuals utilize platforms such as Dropbox, Google Drive, and iCloud for their online storage needs. This figure has doubled since 2014, indicating the significant popularity of cloud storage among users worldwide. This is why sharing knowledge about cloud storage is so important nowadays. And this is why we are here to help you.
