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Cloud computing — Oceania market analysis

The global cloud computing market is experiencing sustained double-digit growth, propelled by enterprise digital transformation, AI/ML workloads, and migration from on-premise infrastructure. Core segments include infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS), with hyperscalers and regional providers competing for share. The market is characterized by rapid innovation, evolving regulatory frameworks, and intensifying demand for scalable, secure, and cost-efficient IT solutions.

Market

Cloud computing

Region

Oceania

Growth
Risks

Market saturation, high cost of connectivity, and talent constraints.

Drivers

Strong enterprise and public sector cloud uptake, focus on hybrid and multi-cloud strategies.

CAGR 2019 2024

15

CAGR 2024 2030 Base

14.149999999999999

CAGR 2024 2030 Downside

9.8

Distribution
Share

2

Market Size

13500000000

Footnotes
line1

1) Market size includes IaaS, PaaS, and SaaS; 2) Base case assumes continued enterprise migration and AI adoption; downside reflects macro and regulatory headwinds.

line2

Regional splits based on current FX and public cloud provider disclosures; projections consider digitalization, regulatory, and infrastructure trends.

source

Askpot AI Analysis Report 2025