The Cloud Discovery Market, valued at USD 7.3 billion in 2024, is on track to reach USD 36.27 billion by 2030, growing at an impressive CAGR of 37.8% from 2025 to 2030, according to recent industry analysis. This remarkable growth is fueled by the increasing complexity of cloud environments, heightened regulatory compliance needs, and the widespread adoption of hybrid and multi-cloud strategies across industries.

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As businesses expand their use of public, private, and hybrid cloud platforms, the need for real-time visibility into cloud assets has become paramount. Cloud discovery tools provide automated detection, mapping, and management of cloud services, helping IT teams address shadow IT, reduce costs, ensure compliance, and enhance security posture in an increasingly distributed digital landscape.

Key Market Drivers:
Multi-cloud complexity is pushing organizations to adopt advanced discovery tools to track assets across diverse cloud environments.

DevOps and SaaS growth demands better visibility into ephemeral resources like containers and microservices.

Security and compliance challenges are intensifying due to rising cyber threats and evolving regulations such as GDPR and HIPAA.

AI and automation innovations are transforming traditional cloud discovery into predictive, self-healing, and policy-enforcing platforms.

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Market Insights:
In 2023, cloud asset and application discovery tools accounted for over 60% of market revenue, significantly ahead of services.

Large enterprises currently lead the market, but SMEs are the fastest-growing segment, with a CAGR of ~17%, reflecting the democratization of discovery technologies.

Network-based discovery techniques dominate due to their ease of integration, but agent-based solutions are rapidly gaining traction for their granular device-level insights.

Hybrid cloud deployments are rising sharply, requiring tools that offer seamless visibility across both on-prem and cloud environments.

Regional Outlook:
North America leads the global cloud discovery market, holding ~31% share in 2024, driven by early cloud adoption and robust compliance frameworks like CCPA.

Asia-Pacific is the fastest-growing region with a projected growth rate of 24%, fueled by digital transformation in economies like China and India.

Impact of COVID-19:
The pandemic accelerated cloud adoption by over 27%, amplifying the risks of shadow IT and fragmented infrastructure. In response, organizations rapidly turned to cloud discovery platforms to regain control, monitor assets, and secure remote operations.

Latest Trends:
Integration of AI and machine learning is enabling real-time threat detection, anomaly monitoring, and intelligent remediation.

Cloud discovery is expanding into edge computing and serverless environments, ensuring visibility across distributed ecosystems.

Key Industry Verticals:
The most active adopters of cloud discovery tools include:

IT & Telecom (19.6% of revenue in 2024),

Retail, driven by omnichannel operations,

Healthcare, for compliance and data governance,

BFSI, for risk and asset visibility.

Key Players in the Market:
Amazon Web Services, Inc.

Microsoft Corporation

Google Cloud

IBM

Alibaba Group

Red Hat, Inc.

Wipro

BMC Software, Inc.

Perforce Software, Inc.

Netskope, Inc.