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Industry Landscape
The cloud computing industry is experiencing robust growth, driven by increasing adoption across all sectors for digital transformation, cost optimization, and innovation. Demand for AI/ML, data analytics, and specialized cloud solutions is accelerating, expanding the market beyond traditional IT. Geographically, there's continued expansion into new regions, alongside a focus on compliance and sovereign cloud offerings.
Total Assets Under Management (AUM)
Cloud Infrastructure Services Market Size in United States
~$139.7 billion (Q4 2023)
(20.2% CAGR)
- Public cloud spending continues to drive growth.
- Enterprise adoption is expanding rapidly.
- AI/ML and analytics services are key growth drivers.
Total Addressable Market
600 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Agentic AI
Agentic AI focuses on autonomous, goal-oriented AI systems that can reason, plan, and act independently to solve complex problems within the cloud environment.
Serverless Computing Evolution
Beyond traditional functions-as-a-service, serverless computing is evolving to support more complex, long-running, and stateful applications, abstracting away even more infrastructure management.
Confidential Computing
Confidential computing enables data to be processed in a hardware-protected, encrypted environment within the cloud, securing sensitive information even from the cloud provider.
Impactful Policy Frameworks
NIST AI Risk Management Framework (AI RMF 1.0) 2023
The NIST AI RMF is a voluntary framework to help organizations better manage risks associated with artificial intelligence, focusing on trustworthy AI development and deployment.
This framework will guide AWS and its customers in developing and deploying AI solutions responsibly, potentially influencing future regulatory requirements for AI governance and transparency.
Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (2023)
This comprehensive Executive Order from the Biden administration directs federal agencies to establish new standards for AI safety, security, and responsible innovation, addressing areas like cybersecurity, privacy, and competition.
The EO will likely necessitate adjustments in how AWS designs and offers its AI/ML services, ensuring compliance with new federal standards for safety, security, and responsible use.
Cloud Security Alliance (CSA) Cloud Controls Matrix (CCM) v4 2021
While not a government regulation, the CSA CCM is a widely accepted framework providing security control guidance for cloud computing, often referenced in compliance audits and customer due diligence.
Compliance with CCM v4 will continue to be a baseline expectation for enterprises using AWS, influencing security features and auditability requirements for cloud services.
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