Value accrual in the cloud era
Comparison of market value capture across SaaS, IaaS, and PaaS layers between 2003 and 2023. Total value expanded 10x from $60B to $600B, with infrastructure layers capturing around 60% of total market value in 2023.
| Label | Value shown on the chart |
|---|---|
| Beginning (2003) Total | $60B |
| End (2023) Total | $600B |
| IaaS (2023) | $190B |
| PaaS (2023) | $170B |
| SaaS (2023) | $240B |
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