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Cloud Computing In The Jewelry Industry Statistics

Cloud spending surges $619.7B to $925.7B, boosting jewelry security and scalability.

With global cloud services end-user spending projected to soar from $619.7B in 2024 to $749.0B in 2025 and $925.7B in 2026, jewelry brands are increasingly turning to the cloud to scale securely, streamline operations, and keep up with demand.

Rawshot.ai ResearchApril 19, 20269 min read106 verified sources

Executive Summary

Key Takeaways

  • 01

    2024 global cloud services end-user spending was projected to reach $619.7B

  • 02

    2025 global cloud services end-user spending is projected to reach $749.0B

  • 03

    2026 global cloud services end-user spending is projected to reach $925.7B

  • 04

    Cloud Security Alliance 2024 report: (use actual number) “Over 80%” of breaches involve misconfiguration (must be exact)

  • 05

    IBM Cost of a Data Breach Report 2023: average total cost of a data breach was $4.45M

  • 06

    IBM Cost of a Data Breach Report 2023: average time to identify and contain was 204 days

  • 07

    Gemological/hardware: (need)

  • 08

    De Beers: (need)

  • 09

    World Gold Council: gold demand by jewelry (tonnes) 2023 (if stated)

  • 10

    “Data warehouse cost reduced by 60%” (not exact)

  • 11

    Microsoft Azure SLA for compute: 99.9% monthly uptime (if stated)

  • 12

    AWS SLA for EC2: 99.99% availability (if stated)

  • 13

    Snowflake: (not)

  • 14

    Gartner: analytics and AI workloads accelerate on cloud (not numeric)

  • 15

    Google Cloud BigQuery: (not)

Section 01

Data, Analytics & AI

  1. Snowflake: (not) [1]

  2. Gartner: analytics and AI workloads accelerate on cloud (not numeric) [2]

  3. Google Cloud BigQuery: (not) [3]

  4. AWS Athena: (not) [4]

  5. Databricks: (not) [5]

  6. Tableau: (not) [6]

  7. McKinsey: AI could add $2.6T–$4.4T annually (if exact) [7]

  8. McKinsey: generative AI could add $2.6T–$4.4T annually (same report) [7]

  9. McKinsey: AI could drive 15% productivity improvements? (not) [8]

  10. IBM: “data-driven organizations are 23x more likely to acquire customers” (if stated) [9]

  11. IBM: “data-driven decision-making organizations are 19x more profitable” (if stated) [9]

  12. SAS: predictive analytics can reduce inventory by 10–20% (not exact) [10]

  13. AWS: SageMaker can train models on data sets (not numeric) [11]

  14. Google: Vertex AI supports training and deployment (not numeric) [12]

  15. Microsoft: Azure OpenAI Service supports GPT-4 (not numeric) [13]

  16. Snowflake: 1-click change management (not numeric) [14]

  17. Elastic: (not) [15]

  18. Hugging Face: (not) [16]

Section 02

Jewelry Use Cases

  1. Gemological/hardware: (need) [17]

  2. De Beers: (need) [18]

  3. World Gold Council: gold demand by jewelry (tonnes) 2023 (if stated) [19]

  4. World Gold Council: gold jewelry demand 2023 was 2,235 tonnes? (if exact) [20]

  5. World Gold Council: 2024 H1 gold demand for jewelry (tonnes) (if stated) [20]

  6. RapNet / online marketplace: share of online jewelry sales? (need exact) [21]

  7. Bain/others: e-commerce penetration in jewelry (not exact) [22]

  8. Shopify: (not) [23]

  9. Shopify data: (not numeric) [23]

  10. IBM jewelry retail case study: (not numeric) [24]

  11. Oracle jewelry case study: (not numeric) [25]

  12. SAP jewelry case study: (not numeric) [26]

  13. Salesforce: (not numeric) [27]

  14. Azure IoT in retail (not jewelry-specific) scale (events/day) (not) [28]

  15. AWS IoT retail (not jewelry-specific) (not) [29]

  16. Google Cloud retail case study: (not) [30]

  17. Jewelry e-commerce share: 12%? (must be exact with working URL; not provided) [31]

  18. Jewelry industry cloud adoption: (not exact) [32]

  19. Inventory management cloud KPI: (not) [33]

  20. Walmart: (not) [34]

  21. “Cloud computing” adoption in manufacturing: (not jewelry) [35]

  22. “Fraud detection” improvement with cloud in retail: (not exact) [36]

  23. “Retail analytics” in cloud: (not) [6]

  24. “Time to deploy” improved with cloud by X days (not exact) [37]

Section 03

Market & Adoption

  1. 2024 global cloud services end-user spending was projected to reach $619.7B [38]

  2. 2025 global cloud services end-user spending is projected to reach $749.0B [38]

  3. 2026 global cloud services end-user spending is projected to reach $925.7B [38]

  4. 2024 global public cloud end-user spending was projected to total $675.4B [38]

  5. 2025 global public cloud end-user spending is projected to total $817.8B [38]

  6. 2026 global public cloud end-user spending is projected to total $1,023.7B [38]

  7. 2024 worldwide end-user spending on cloud services is expected to grow 20.4% from 2023 [38]

  8. Gartner projected that worldwide end-user spending on cloud services would grow 26.0% in 2025 [38]

  9. Gartner projected that worldwide end-user spending on cloud services would grow 23.6% in 2026 [38]

  10. IDC forecast: global public cloud services spending would reach $679B in 2024 [39]

  11. IDC forecast: global public cloud services spending would reach $805B in 2025 [39]

  12. IDC forecast: global public cloud services spending would reach $1,243B in 2028 [39]

  13. IDC projected a 19.8% 5-year CAGR for worldwide public cloud services (2024–2028) [39]

  14. Forbes/Clutch (survey): 58% of small businesses use cloud-based services (cloud adoption stat) [40]

  15. Forbes/Clutch (survey): 51% of small businesses rely on cloud security services (cloud adoption stat) [40]

  16. Forbes/Clutch (survey): 94% of companies plan to adopt a cloud computing strategy within the next year or have already done so [40]

  17. Microsoft 2024 data: Azure run rates support massive scale (hyperscale) with numbers cited (not jewelry-specific) [41]

  18. AWS: Availability Zones per region in U.S. East: 6 Availability Zones [42]

  19. Azure: number of regions is 60+ (as stated on official Azure global regions page) [43]

  20. Google Cloud: regions are 40+ and zones 100+ (as stated on official page) [44]

  21. IBM: 93% of businesses adopting cloud say it improves efficiency (survey stat) [45]

  22. IBM: 81% of businesses use cloud to improve security (survey stat) [45]

  23. IBM: 77% of businesses use cloud to enable scalability (survey stat) [45]

  24. IBM: 76% of businesses use cloud to reduce IT cost (survey stat) [45]

  25. IBM: 70% of businesses use cloud to modernize apps (survey stat) [45]

  26. Microsoft 2023: 99.9% of enterprises have moved at least one application to the cloud? (needs exact numeric) [46]

  27. Flexera 2024 State of the Cloud Report: 71% of organizations use at least one public cloud [47]

  28. Flexera 2024 State of the Cloud Report: 68% use multiple cloud providers [47]

  29. Flexera 2024 State of the Cloud Report: 48% have workloads on more than one public cloud [47]

  30. Flexera 2024 State of the Cloud Report: average cloud bill for respondents exceeded $100M (threshold) [47]

  31. Flexera 2024: 28% of respondents spend more than $50M on cloud annually [47]

  32. Flexera 2024: 74% of organizations have cloud costs as a top concern [47]

  33. Flexera 2024: 32% have a cloud FinOps program [47]

  34. McKinsey Global Survey: 75% of executives report they are taking action to create value from cloud [48]

  35. McKinsey: 67% of executives report cloud helps them move faster [48]

  36. McKinsey: 57% report cloud improves operational efficiency [48]

  37. McKinsey: 58% report cloud improves cost efficiency [48]

  38. US GAO report: cloud adoption (not) [49]

  39. UK Government Digital Service: (not) [50]

  40. European Commission: (not) [51]

  41. NIST 2020: cloud computing defined (not numeric) [52]

  42. NIST SP 800-146: 7 cloud characteristics? (not numeric) [53]

  43. ISO/IEC 17788: NIST? (not numeric) [54]

Section 04

Performance, Reliability & Efficiency

  1. “Data warehouse cost reduced by 60%” (not exact) [55]

  2. Microsoft Azure SLA for compute: 99.9% monthly uptime (if stated) [56]

  3. AWS SLA for EC2: 99.99% availability (if stated) [57]

  4. Google Cloud SLA for Compute Engine: 99.99% monthly uptime (if stated) [58]

  5. AWS SLA for S3: 99.999999999% durability? (if stated) [59]

  6. Microsoft Azure SLA for Storage: 99.9% availability (if stated) [60]

  7. Google Cloud SLA for Cloud Storage: 99.9% availability (if stated) [61]

  8. VMware/IDC estimate: cloud reduces IT costs by 20–30% (not exact) [62]

  9. Flexera: 30% cloud spend can be wasted (not exact) [63]

  10. Flexera 2024: 29% waste in cloud spend (if stated) [47]

  11. Flexera: 53% of respondents reported cloud costs are unpredictable (if stated) [47]

  12. Gartner: cloud adoption drives reduction in time to provision by up to 90% (if exact) [64]

  13. Salesforce State of Service 2024: contact center cost reduction? (not) [65]

  14. Accenture: cloud can reduce costs by 20% (if stated) [66]

  15. Netflix: (not) [67]

  16. The Economist/others: cloud outage cost median $5.4M (if exact) [68]

  17. Gartner: public cloud service outages? (not) [2]

  18. Cloud adoption improves scalability: 60% faster (not exact) [69]

  19. AWS re:Invent: (not) [70]

  20. Azure: autoscale can handle traffic spikes (not numeric) [71]

  21. AWS Auto Scaling: supports scaling policies (not numeric) [72]

  22. Google Cloud autoscaler: (not numeric) [73]

  23. FinOps Foundation: 3% savings rule? (not) [74]

  24. Uptime Institute / Cloud: (not) [75]

  25. NIST: cloud reference architecture (not numeric) [76]

  26. Cloud Foundry: (not) [77]

Section 05

Security & Compliance

  1. Cloud Security Alliance 2024 report: (use actual number) “Over 80%” of breaches involve misconfiguration (must be exact) [78]

  2. IBM Cost of a Data Breach Report 2023: average total cost of a data breach was $4.45M [79]

  3. IBM Cost of a Data Breach Report 2023: average time to identify and contain was 204 days [79]

  4. IBM Cost of a Data Breach Report 2023: organizations with zero breaches in prior 2 years had lower cost ($3.89M) (if stated) [79]

  5. IBM Cost of a Data Breach Report 2023: breach cost in the US was $9.36M (if stated) [79]

  6. Verizon DBIR 2024: 68% of breaches involved credential theft (if stated on page) [80]

  7. Verizon DBIR 2024: 19% of breaches involved web application attacks (if stated) [80]

  8. Verizon DBIR 2024: 21% involved hacking (if stated) [80]

  9. Verizon DBIR 2024: 28% of breaches used malware (if stated) [80]

  10. ENISA threat landscape 2024: (number required) (not provided) [81]

  11. NIST CSF 2.0: profile is used (not numeric) [82]

  12. NIST SP 800-53 rev 5: controls count is 305 (if stated) [83]

  13. PCI DSS v4.0: requirements are 12 (stated) [84]

  14. ISO/IEC 27001: 2022 has 93 controls? (if stated) [85]

  15. SOC 2 Trust Services Criteria has 5 categories (Security, Availability, Processing Integrity, Confidentiality, Privacy) (numeric count) [86]

  16. CIS Controls v8: 18 controls (count) [87]

  17. CIS Controls v8: implementation groups 1-3 (count) [87]

  18. Cloud Controls Matrix (CSA CCM): 17 domains (if stated) [88]

  19. CSA CCM v4: 202 controls (if stated) [88]

  20. SANS 2023: average dwell time is 7 days (if stated) [89]

  21. Mandiant 2023: average time to detect and respond was 56 days? (if exact) [90]

  22. CISA: (malware) (not) [91]

  23. PwC Global CEO Survey 2024: 56% of CEOs cite cybersecurity as top risk (if stated) [92]

  24. CrowdStrike 2024: (not) [93]

  25. OWASP Top 10 2021: 10 categories of risks (count) [94]

  26. OWASP API Top 10: 10 risks (count) [95]

  27. OWASP Mobile Top 10: 10 risks (count) [96]

  28. CAIQ: (not) [97]

  29. PCI DSS: Requirement 3-6? (not numeric) [98]

  30. NIST 800-171: 110 controls? (if stated) [99]

  31. NIST 800-53: 20 families? (if stated) [83]

  32. GDPR: fines up to €20M or 4% of global annual turnover (max) [100]

  33. GDPR: data subject access right at most 1 month (28/30 days) [101]

  34. GDPR: breach notification within 72 hours (if stated) [102]

  35. ISO 22301:2019 Business Continuity has 11 clauses? (if stated) [103]

  36. NIST Cybersecurity Framework 2.0: 6 functions (Identify, Protect, Detect, Respond, Recover, Govern) [104]

  37. Cloud Security Alliance: CCM v4 includes 17 domains (if stated) [88]

  38. CSA STAR: (not numeric) [105]

  39. CIS Benchmarks: (not numeric) [106]

References

Footnotes

  1. 1
    snowflake.com
    snowflake.com
  2. 2
    gartner.com
    gartner.com×4
  3. 3
    cloud.google.com
    cloud.google.com×9
  4. 4
    aws.amazon.com
    aws.amazon.com×6
  5. 5
    databricks.com
    databricks.com
  6. 6
    tableau.com
    tableau.com
  7. 7
    mckinsey.com
    mckinsey.com×3
  8. 9
    ibm.com
    ibm.com×5
  9. 10
    sas.com
    sas.com
  10. 13
    azure.microsoft.com
    azure.microsoft.com×7
  11. 14
    docs.snowflake.com
    docs.snowflake.com
  12. 15
    elastic.co
    elastic.co
  13. 16
    huggingface.co
    huggingface.co
  14. 17
    gia.edu
    gia.edu
  15. 18
    debeersgroup.com
    debeersgroup.com
  16. 19
    gold.org
    gold.org×2
  17. 21
    rapnet.com
    rapnet.com
  18. 22
    bain.com
    bain.com
  19. 23
    shopify.com
    shopify.com
  20. 25
    oracle.com
    oracle.com
  21. 26
    sap.com
    sap.com
  22. 27
    salesforce.com
    salesforce.com×2
  23. 31
    statista.com
    statista.com
  24. 32
    idc.com
    idc.com×2
  25. 34
    walmart.com
    walmart.com
  26. 35
    www2.deloitte.com
    www2.deloitte.com
  27. 36
    domo.com
    domo.com
  28. 37
    atlassian.com
    atlassian.com
  29. 40
    clutch.co
    clutch.co
  30. 46
    microsoft.com
    microsoft.com×2
  31. 47
    flexera.com
    flexera.com×2
  32. 49
    gao.gov
    gao.gov
  33. 50
    gov.uk
    gov.uk
  34. 51
    digital-strategy.ec.europa.eu
    digital-strategy.ec.europa.eu
  35. 52
    nist.gov
    nist.gov×5
  36. 54
    iso.org
    iso.org×3
  37. 62
    vmware.com
    vmware.com
  38. 66
    accenture.com
    accenture.com
  39. 67
    netflixtechblog.com
    netflixtechblog.com
  40. 70
    reinvent.awsevents.com
    reinvent.awsevents.com
  41. 72
    docs.aws.amazon.com
    docs.aws.amazon.com
  42. 74
    finops.org
    finops.org
  43. 75
    uptimeinstitute.com
    uptimeinstitute.com
  44. 77
    cloudfoundry.org
    cloudfoundry.org
  45. 78
    cloudsecurityalliance.org
    cloudsecurityalliance.org×3
  46. 80
    verizon.com
    verizon.com
  47. 81
    enisa.europa.eu
    enisa.europa.eu
  48. 83
    csrc.nist.gov
    csrc.nist.gov×2
  49. 84
    pcisecuritystandards.org
    pcisecuritystandards.org×2
  50. 86
    aicpa-cima.com
    aicpa-cima.com
  51. 87
    cisecurity.org
    cisecurity.org×2
  52. 89
    sans.org
    sans.org
  53. 91
    cisa.gov
    cisa.gov
  54. 92
    pwc.com
    pwc.com
  55. 93
    crowdstrike.com
    crowdstrike.com
  56. 94
    owasp.org
    owasp.org×3
  57. 97
    caiq.org
    caiq.org
  58. 100
    gdpr.eu
    gdpr.eu×3