The Cloud is still growing as many businesses are still moving towards it. If the natural growth of the Cloud is bigger than how much the economy shrinks then the growth will still be positive or flat.
I work for a tech company in this situation. It has grown a lot the past years and was expected a lot of growth in 2020. Now the expectations are more close to a flat growth with heavy losses in some quarters and growth in others. It is a similar case to the Cannabis industry. It may shrink from the reduction in economy, but still grow to the end of the year as it is just starting its growth path.