Cloud Computing Salary Analysis
Motion’s 2024 Tech Salary Guide is the insight you need for anyone inside the cloud computing jobs market.
For those that are looking for a cloud career or hiring for a cloud engineer, Motion’s Tech Salary Guide has compensation data for over 120 roles across tech plus insights from our tech industry experts on what to expect in 2024 and beyond.
Tech Talent Continues to Be in High Demand,
Even with layoffs at the start of the year, businesses in the United States are still constantly looking for top cloud talent. With the cloud computing market expected to reach almost $600 billion in 2023, the biggest companies in North America are heavily investing in cloud computing. This increasing need has led to a lack of workers with the necessary cloud computing skills companies need.
Cloud Computing Salaries Begin to Stagnate.
With the continued economic uncertainty, Cloud Computing salary growth slowed throughout North America. While lower than last year, Cloud Computing salaries grew by 3.4% year-over-year, above the tech industry average of 2%. Additionally, the low unemployment rate of Cloud Computing professionals shows that the industry should further grow in the future.
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One Sheeters
"Continuing in importance for companies large and small, demand for qualified cloud computing engineers is still very high. To stand out in such a competitive market, companies need to proactively offer above-market salaries and a great work/life balance."
Kayla Plasha
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Practice Manager, Motion Recruitment
