Charted: The Largest Pure Play Cloud Computing Companie
Visual Capitalist December 21, 2023
The global cloud computing market size was valued at $569 billion in 2022 and is projected to grow to $2.4 trillion by 2030.
This graphic lists the largest pure play cloud computing companies by market cap and annual return, based on data as of November 30, 2023 from Syntax.
A pure play company concentrates all its efforts on a single line of business, and in this context, it’s cloud computing. Notably, tech giants like Google, Microsoft Corporation, and Amazon are excluded from our list due to their diversified business focuses.
Photo Storage to Streaming
Cloud computing is the technique of processing, storing, and managing data on a network of remote computers hosted on the internet rather than on a personal...