Cloud Platforms 2024 Market Insights™

June, 2024

$2,950.00

Report Summary

This report identifies key demand-side trends in the cloud platforms market, helping enterprises fine-tune their cloud adoption strategies. It consists of key trends and enterprise business challenges in the cloud platforms space based on Avasant’s assessment.

Why read this Market Insights?

The advent of generative AI has transformed the cloud market by introducing new trends. Key developments include the widespread adoption of AI-enhanced cloud services, which enable sophisticated data analysis, personalized user experiences, and advanced automation capabilities. Businesses are increasingly utilizing coding assistants powered by AI to significantly enhance productivity for developers. Additionally, there is an increased focus on serverless computing and containerization initiatives to enable scalable and cost-effective cloud solutions. Enterprises are also developing tailored solutions to address industry-specific use cases, ensuring that AI-based cloud capabilities are aligned with unique business needs and challenges.

The Cloud Platforms 2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any cloud adoption project they take part in.

Methodology

The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives, targeted discussions with service providers, subject matter experts, and Avasant Fellows, and lessons learned from consulting engagements.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–7)

    • Defining cloud platforms
    • Key enterprise cloud platform trends shaping the market
    • Avasant recognizes seven top-tier cloud platform providers supporting enterprise IT environments

Demand-side trends (Pages 8–12)

    • Businesses are leveraging AI-enabled coding assistants to improve developer productivity.
    • Enterprises have adopted generative AI extensively to optimize core organizational functions over the past 12 months.
    • Organizations continue to increase their focus on serverless computing and containerization initiatives.
    • Enterprises are implementing cloud solutions to address industry-specific use cases.

Key contacts (Page 13)


Read the Research Byte based on this report.

Please refer to Avasant’s Cloud Platforms 2024 RadarView™  for detailed insights on the service providers and supply-side trends.