Market value of top cloud-native software vendors 2020

Snowflake had the largest market value among the leading cloud-native infrastructure software vendors throughout 2019 and 2020, with 80 billion U.S. dollars. Other popular cloud-native infrastructure software vendors with a high market valuation during that time period include Twilio, CrowdStrike, and Okta.

Leading cloud-native infrastructure software vendors based on market value worldwide from 2019 to 2020 (in billion U.S. dollars)

Characteristic	Market value in billion U.S. dollars
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Release date

September 2021

More information

Region

Worldwide

Survey time period

2019 to 2020

Supplementary notes

The source adds the following information: "Compares change in market valuation between Dec. 31, 2019, and Dec. 31, 2020; growth rate for companies with initial public offerings in 2020 compares change in valuation between IPO date and Dec. 31, 2020; market values as of Dec. 31, 2020; revenue multiple equals market valuation as of Dec. 31, 2020, divided by fiscal 2020 revenue, except for CrowdStrike, which is divided by fiscal 2021 revenue."

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