Cloud Discovery Market Size, Share And Trends Report, 2030Posted by tushar on August 28th, 2025  Cloud Discovery Market Summary The global cloud discovery market size was estimated at USD 1,198.8 million in 2024 and is projected to reach USD 2,931.9 million by 2030, growing at a CAGR of 16.4% from 2025 to 2030. The rapid adoption of multi-cloud and hybrid cloud environments drives market growth. Key Market Trends & Insights
Market Size & Forecast
Enterprises leverage multiple cloud service providers to avoid vendor lock-in, optimize costs, and enhance flexibility. However, this approach complicates cloud asset management, leading to challenges in tracking resources, ensuring compliance, and mitigating risks. Cloud discovery tools address these challenges by providing a centralized view of cloud assets across diverse environments, enabling organizations to maintain control over their infrastructure. This demand for unified management is a key factor fueling the growth of the cloud discovery industry. Component Insights Based on component, the market is segmented into solution and services. The solution segment dominated the industry with a revenue share of 53.4% in 2024. The growing adoption of cloud disaster recovery (DR) and business continuity solutions drives the demand for cloud discovery tools. Organizations recognize the importance of resilient cloud infrastructures to safeguard their data and applications against disruptions. Cloud discovery solutions are pivotal in ensuring that all critical resources are accounted for and properly managed within disaster recovery plans. Enterprise Size Insights Based on enterprise size, the market is segmented into large enterprises and SMEs. The large enterprises segment dominated the market with a revenue share of 60.0% in 2024. The increasing complexity and scale of cloud infrastructures drive the demand for the cloud discovery industry. End Use Insights The IT & Telecommunication segment dominated the market and accounted for a 19.6% share of the global revenue in 2024. The rise of 5G technology significantly influences the IT and telecommunications sectors and drives demand for the cloud discovery industry. The deployment of 5G networks requires massive investments in cloud-based infrastructure to support the high speed and low latency needed by 5G services. Regional Insights North America cloud discovery market held a significant share of around 31.4% in 2024. North America's increasing regulatory and compliance requirements drive the demand for the cloud discovery industry. With the growth of data privacy and security regulations such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the U.S., and other local and regional laws, companies must ensure that their cloud environments comply with these requirements. Key Cloud Discovery Companies: The following are the leading companies in the cloud discovery market. These companies collectively hold the largest market share and dictate industry trends.
Global Cloud Discovery Market Report Segmentation This report forecasts revenue growth at global, regional, as well as at country levels and offers qualitative and quantitative analysis of the market trends for each of the segment and sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global cloud discovery market based on component, enterprise size, end use and region.
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/cloud-discovery-market-report Like it? Share it! More by this author |