Cloud Infrastructure Services Market Growth Accelerates Due to AI

The global cloud infrastructure services market has seen significant growth, surpassing $500 billion in revenue, with projections to reach $600 billion by 2026. According to Synergy Research, global cloud infrastructure revenue was $419 billion in 2025, nearly nine times higher than in 2017. The rise of generative AI has contributed to a resurgence in growth after a slowdown to just under 20% in 2023. In 2025, the market recorded a growth rate of 27%, the highest since 2022, with continued momentum into 2026, where revenues increased by 37%, 45%, and 57% in the first three quarters.