The Tech Capital Forum
Trending
Latest

Global cloud revenues reached half a trillion Dollars in 2022

Public cloud providers spent US$120 billion on building, leasing and equipping their data centre infrastructure throughout last year.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

January 25, 2023 | 1:28 AM GMT

Global cloud revenues reached half a trillion Dollars in 2022

Archive photo of Google's Douglas County, Georgia data centre. Source: Google Cloud

The main public cloud service and infrastructure markets, operator and vendor revenues for 2022 reached US$544 billion, the first time the figure crossed the half-trillion Dollar mark.

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles