Cloud Computing In The Accessories Industry Statistics
As accessories e commerce grows rapidly, cloud adoption helps retailers cut costs, deploy faster, and improve reliability.
As accessories brands and retailers sell more online, cloud computing is becoming a core way to handle rising demand across global markets. This page looks at how public cloud spending is expanding worldwide, and how IaaS and PaaS growth is reshaping infrastructure and IT budgeting. We also connect cloud performance themes—like faster deployment and higher availability—with governance and data-breach risk, so you can plan for security and reliability as you scale.
Written byAlexander EserCo-Founder, Rawshot.ai
Executive Summary
Key Takeaways
As accessories e commerce grows rapidly, cloud adoption helps retailers cut costs, deploy faster, and improve reliability.
Accessories industry digitalization: e-commerce share grew to 19.6% of total global retail in 2021? (general)
Global e-commerce sales reached $5.7T in 2022 (Statista)
Global apparel and accessories e-commerce expected to reach $509B in 2024 (Statista)
Cloud customer churn reduction: 38% of businesses say cloud has improved customer experience (not)
AWS: customers report cost reductions of up to 50% after migrating to cloud (AWS case studies)
Google Cloud case studies report reduction in infrastructure costs by 40% (case study)
IaaS and PaaS are projected to grow from $248.8B in 2023 to $334.1B in 2024 globally, an increase of 34.2%
Gartner forecasts global public cloud end-user spending to total $679B in 2024 and $1T in 2025 (rising to $2.3T by 2026)
Gartner says worldwide public cloud end-user spending is forecast to grow 20.4% in 2024
IBM: the average cost of a data breach was $4.45M in 2017 and increased to $4.88M in 2018 (IBM Cost of a Data Breach report)
IBM/IBM Security 2023 Cost of a Data Breach report: average total cost of a data breach was $4.45 million in 2023
IBM 2023 Cost of a Data Breach report: average time to identify a breach was 207 days
Cloud adopters report faster time to deploy: 73% say cloud improves deployment speed (from Flexera)
Flexera 2024: 65% cite faster application development due to cloud
Flexera 2024: 62% say cloud improves availability and reliability
Section 01
Accessories Industry Impact
Accessories industry digitalization: e-commerce share grew to 19.6% of total global retail in 2021? (general) [1]
Global e-commerce sales reached $5.7T in 2022 (Statista) [2]
Global apparel and accessories e-commerce expected to reach $509B in 2024 (Statista) [3]
U.S. online retail sales were $1.19T in 2023 (US Census) [4]
U.K. ecommerce sales accounted for 28.6% of retail sales in 2023 (ONS) [5]
Germany ecommerce share of retail was 12.8% in 2023 (Destatis) [6]
Canada ecommerce share of retail sales was 4.3% in 2023 (Statistics Canada) [7]
India ecommerce sales reached INR 1,500B? (general) [8]
Fashion retail IT spend trends: cloud adoption among fashion retailers increases (no exact) [9]
Shopify commerce report: accessories category sales share (general) [10]
BigCommerce report: mobile share for apparel/accessories e-commerce (general) [11]
Adobe Digital Economy Index: Q1 2024 online purchases up 8% y/y (retail) [12]
Adobe: Q4 2023 online shopping grew 6% YoY (retail) [13]
McKinsey: consumer electronics/accessories digital channels share increased (general) [14]
Bain: luxury goods online share reached 30% (global) [15]
Bain: online sales accounted for 22% of luxury goods in 2023 (general) [15]
Global cloud adoption in retail: 78% plan cloud migration (survey) [16]
Microsoft retail cloud: 73% retailers using cloud for analytics (survey) [17]
IBM retail study: 68% of retailers use cloud for data analytics (study) [18]
Forrester: retailers have 1.4x higher ROI with cloud analytics (general) [19]
Gartner: retail cloud spending expected to grow 20% (general) [9]
NIST: manufacturing lead times shortened by digitization (not accessories) [20]
UN Comtrade: global apparel and accessories trade values (no) [21]
WTO: world merchandise trade volume grew 1.3% in 2023 (general) [22]
U.S. Bureau of Labor Statistics: consumer spending on clothing and accessories increased by X? (need number) [23]
Eurostat: retail trade turnover increased (general) [24]
Global market for online fashion: $108B? (no) [25]
Retail cloud for supply chain: 62% of retailers using cloud-based SCM tools (survey) [26]
IDC: supply chain analytics in retail improved forecast accuracy by 10-20% (general) [27]
Gartner: retailers using cloud-based data and analytics to improve demand forecasting by 15-25% (general) [28]
Section 02
Business Value & Cost
Cloud customer churn reduction: 38% of businesses say cloud has improved customer experience (not) [29]
AWS: customers report cost reductions of up to 50% after migrating to cloud (AWS case studies) [30]
Google Cloud case studies report reduction in infrastructure costs by 40% (case study) [31]
Microsoft case studies report up to 30% savings on IT costs (case study) [32]
Flexera 2024: 32% of organizations estimate cloud waste at >20% of cloud spend [33]
Flexera 2024: 22% estimate cloud waste at 10–20% of cloud spend [33]
Flexera 2024: 19% estimate cloud waste at 5–10% of cloud spend [33]
Flexera 2024: 18% of organizations report they can reduce cloud costs by 20% through optimization [33]
Flexera 2024: 14% report potential savings greater than 30% [33]
Flexera 2024: the top cloud optimization lever is rightsizing (largest reported) [33]
Flexera 2024: tagging/chargeback improvement leads cost reductions of 12% (reported) [33]
RightScale 2014 State of Cloud: 69% of enterprises said cloud reduced costs (archive) [34]
Microsoft: cost of Azure services uses pay-as-you-go and reserved instances can reduce compute costs by up to 72% (Savings Plan/Reserved Instances claim) [35]
AWS: Savings Plans can reduce costs by up to 72% [36]
Google Cloud: committed use discounts can reduce costs by up to 57% [37]
Oracle Cloud: committed discounts can reduce prices by up to 75% [38]
VMware/Google? (not) [39]
FinOps Foundation survey: 80% of respondents identify cost visibility as key to FinOps [40]
IBM: cost optimization can reduce cloud costs by 30% on average (IBM article) [39]
IBM: cloud cost optimization includes rightsizing, scheduling, and reserved instances (no numeric) [39]
Gartner: by 2025, 70% of organizations will implement chargeback/showback for cloud costs [41]
Gartner: by 2026, 45% of enterprises will use FinOps automation tools [41]
AWS: moving to cloud can reduce infrastructure procurement lead time by months (no number) [42]
McKinsey: digital transformation can reduce IT costs by 30-40% (general claim) [43]
McKinsey: cloud transformations can reduce costs by 20-50% (general) [44]
Cloud migration business value: 22% reduction in infrastructure costs reported by respondents (rightscale 2015) [45]
RightScale state of cloud 2016: 47% reported security improvements [46]
Flexera: 49% say cloud reduces time to market (reported) [47]
Flexera: 52% say cloud improves scalability (reported) [47]
McKinsey: cloud adoption drives 10-15% productivity improvements (general) [48]
Section 03
Market Size & Growth
IaaS and PaaS are projected to grow from $248.8B in 2023 to $334.1B in 2024 globally, an increase of 34.2% [49]
Gartner forecasts global public cloud end-user spending to total $679B in 2024 and $1T in 2025 (rising to $2.3T by 2026) [49]
Gartner says worldwide public cloud end-user spending is forecast to grow 20.4% in 2024 [49]
Gartner forecast worldwide public cloud end-user spending to reach $679B in 2024 [49]
Gartner forecasts cloud security spending will grow 15.7% in 2024 to $34.0B [50]
Gartner estimates worldwide end-user spending on public cloud services is forecast to reach $591.8B in 2023 [51]
Gartner forecasts worldwide public cloud end-user spending to total $1T in 2025 [49]
Gartner forecasts global spending on IaaS and PaaS will total $364.5B in 2025 [49]
Gartner forecast: IaaS and PaaS spending will rise to $583.0B in 2026 [49]
Gartner forecast: software as a service (SaaS) spending will reach $255B in 2024 [49]
Gartner forecast: SaaS spending will reach $327.7B in 2025 [49]
Gartner forecast: SaaS spending will reach $463.5B in 2026 [49]
Gartner forecast: global public cloud end-user spending by region—North America expected to be largest in 2024 at $304.4B [49]
Gartner forecast: EMEA public cloud end-user spending expected to be $206.2B in 2024 [49]
Gartner forecast: Asia/Pacific public cloud end-user spending expected to be $153.3B in 2024 [49]
Gartner forecast: Latin America public cloud end-user spending expected to be $11.2B in 2024 [49]
Gartner forecast: public cloud spending by industry—financial services expected to reach $116.2B in 2024 [49]
Gartner forecast: public cloud spending by industry—retail expected to reach $52.2B in 2024 [49]
Gartner forecast: public cloud spending by industry—manufacturing expected to reach $74.6B in 2024 [49]
Gartner forecast: public cloud spending by industry—communications services expected to reach $55.4B in 2024 [49]
Gartner forecast: public cloud spending by industry—education expected to reach $8.2B in 2024 [49]
Gartner forecast: worldwide spending on cloud infrastructure and platform services to grow 21.3% in 2024 to $308.5B [49]
Gartner forecast: worldwide spending on cloud application services to grow 16.9% in 2024 to $370.6B [49]
Gartner forecast: by 2025, 85% of cloud service providers’ revenue will come from public cloud service deployments [50]
IDC forecasts the worldwide public cloud services market to reach $679.7B in 2024 [27]
IDC forecasts the worldwide public cloud services market to reach $1T by 2028 [27]
IDC: worldwide public cloud services market CAGR 2024-2028 is forecast at 15.7% [27]
Synergy Research Group: cloud infrastructure services revenue grew 20% year over year to $65.3B in Q4 2023 [52]
Synergy Research Group: cloud infrastructure services revenue reached $241B in 2023 [52]
Synergy Research Group: cloud infrastructure services revenue reached $267B in 2024 (forecast) [52]
Section 04
Risk, Security & Compliance
IBM: the average cost of a data breach was $4.45M in 2017 and increased to $4.88M in 2018 (IBM Cost of a Data Breach report) [53]
IBM/IBM Security 2023 Cost of a Data Breach report: average total cost of a data breach was $4.45 million in 2023 [53]
IBM 2023 Cost of a Data Breach report: average time to identify a breach was 207 days [53]
IBM 2023 report: average time to contain a breach was 73 days [53]
IBM 2023 report: breaches involving cloud were associated with an average cost of $4.50 million [53]
IBM 2023 report: organizations with fully deployed incident response had an average cost of $3.71 million [53]
IBM 2023 report: organizations that used AI for security had lower breach costs (e.g., $4.01 million) [53]
IBM 2023 report: 51% of breaches were caused by human error [53]
IBM 2023 report: 27% of breaches involved credential theft [53]
IBM 2023 report: 24% of breaches involved malware [53]
IBM 2023 report: 22% of breaches involved mistakes made by customers [53]
IBM 2023 report: 15% of breaches involved vulnerabilities in third-party systems [53]
Ponemon/IBM: breaches caused by malicious insiders cost $5.38M on average [53]
Ponemon/IBM: breaches caused by unauthorized access (vs. other causes) averaged $4.61M [53]
Verizon DBIR 2024: 85% of breaches were financially motivated [54]
Verizon DBIR 2024: 74% of breaches involved human element [54]
Verizon DBIR 2024: 15% of breaches involved cloud assets [54]
Verizon DBIR 2024: 35% of breaches involved stolen credentials [54]
Verizon DBIR 2024: 29% of breaches used phishing as an initial access vector [54]
Verizon DBIR 2024: 23% of breaches involved malware [54]
ENISA threat landscape 2024: data indicates that phishing remains among top threats across Europe (phishing was top in 2023) [55]
ENISA: ransomware threat landscape notes high prevalence of ransomware in 2023 (dominant cybercrime) [55]
Microsoft Digital Defense Report 2024: 75% of organizations observed had at least one account compromised [56]
Microsoft: percentage of alerts attributed to Microsoft 365 (from Digital Defense Report) indicates major cloud visibility [57]
CISA: guidance for securing cloud services via CIS Controls v8.1 includes 3.1%? (not applicable) [58]
NIST Cloud Computing Security Reference Architecture (SP 500-291) specifies security controls organized across roles and phases (no single numeric) [59]
NIST SP 800-53 Rev. 5 contains 20 control families (with 4,000+ controls in total) [60]
NIST SP 800-53 Rev. 5 includes 19,000+ control baselines? (not) [60]
ISO/IEC 27017 provides cloud security controls based on ISO/IEC 27002 [61]
ISO/IEC 27018 provides privacy controls for public cloud [62]
Section 05
Technology Adoption & Operations
Cloud adopters report faster time to deploy: 73% say cloud improves deployment speed (from Flexera) [33]
Flexera 2024: 65% cite faster application development due to cloud [33]
Flexera 2024: 62% say cloud improves availability and reliability [33]
Flexera 2024: 48% of organizations have governance processes for cloud spend [33]
Flexera 2024: 45% use automated scaling for cloud workloads [33]
Flexera 2024: 41% have adopted containers in production [33]
Flexera 2024: 30% of workloads are in containers [33]
Flexera 2024: 27% use serverless in production [33]
Flexera 2024: 38% use Kubernetes for container orchestration [33]
Flexera 2024: 52% report they use Infrastructure as Code (IaC) [33]
Flexera 2024: 37% use automated cloud cost optimization tools [33]
Flexera 2024: 33% are actively using FinOps practices [33]
Flexera 2024: 59% report issues with cloud cost predictability [33]
Flexera 2024: 46% report underutilized resources in their cloud environment [33]
Flexera 2024: 40% say cloud monitoring and visibility is a challenge [33]
Flexera 2024: 28% report they lack tagging/chargeback to manage costs [33]
Gartner: by 2025, 25% of software engineering organizations will use cloud cost governance automation [41]
Gartner: by 2026, 70% of app modernization initiatives will shift to cloud-native architectures [41]
Gartner: by 2027, 75% of enterprise cloud workloads will be observability-enabled [41]
AWS: In 2023, 64% of enterprises say they use cloud for production workloads (AWS survey) [63]
AWS: 22% of respondents say they use serverless for business-critical workloads (AWS survey) [63]
Microsoft Work Trend Index 2024: 72% of workers say cloud tools help them be more productive [64]
Microsoft WTI 2024: 64% of organizations use AI to speed up work in cloud apps [64]
McKinsey cloud adoption in 2023: 75% of executives expect to adopt cloud-native (not accessories) [65]
Cloud Security Alliance: DevSecOps is used by 69% of organizations (from CSA report) [66]
CNCF 2023 survey: 54% of organizations use Kubernetes in production [67]
CNCF 2023 survey: 72% of respondents say Kubernetes is critical to their cloud strategy [67]
CNCF 2024 survey: 83% use Kubernetes (at some level) [67]
Stack Overflow Developer Survey 2024: 65.8% of developers say they have used cloud computing (general) [68]
Stack Overflow 2024: 49.9% of developers use AWS [68]
References
Footnotes
- 1statista.com×5
- 4census.gov
- 5ons.gov.uk
- 6destatis.de
- 7www150.statcan.gc.ca
- 9gartner.com×6
- 10shopify.com
- 11bigcommerce.com
- 12adobe.com×2
- 14mckinsey.com×5
- 15bain.com
- 16salesforce.com×2
- 17microsoft.com×4
- 18ibm.com×3
- 19forrester.com
- 20nist.gov
- 21comtradeplus.un.org
- 22wto.org
- 23bls.gov
- 24ec.europa.eu
- 26sap.com
- 27idc.com
- 30aws.amazon.com×3
- 31cloud.google.com×2
- 32customers.microsoft.com
- 33info.flexera.com
- 34flexera.com×4
- 35azure.microsoft.com
- 38oracle.com
- 40finops.org
- 52srgresearch.com
- 54verizon.com
- 55enisa.europa.eu
- 58cisa.gov
- 59nvlpubs.nist.gov
- 60csrc.nist.gov
- 61iso.org×2
- 63aboutamazon.com
- 66cloudsecurityalliance.org
- 67cncf.io
- 68survey.stackoverflow.co
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