public cloud — Industry Insights, Data, and Solutions For Business Leaders

Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600 Billion in 2023

Worldwide end-user spending on public cloud services is forecast to grow 20.7% to total $591.8 billion in 2023, up from $490.3 billion in 2022, according to the latest forecast from Gartner, Inc. This is higher than the 18.8% growth forecast for 2022.

Emerging MarketsStaff ReportsNovember 1, 2022public cloud, IaaS, infrastructure as a service

New IDC Forecast for Public Cloud Infrastructure (IaaS) and Platform as a Service (PaaS) Workloads Puts Worldwide Revenue at $400 Billion in 2025

International Data Corporation (IDC) recently published a new forecast for the Worldwide Public Cloud Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) markets, which includes revenue segmentation across IDC's 18 enterprise workload categories. The combined Public Cloud IaaS and PaaS market is forecast to have revenues of $400 billion in 2025 with a compound annual growth rate (CAGR) of 28.8% during the 2021-2025 forecast period.

Future of WorkMelissa FisherAugust 9, 2021idc, IaaS, PaaS, public cloud, IT Infrastructure

Cloud Services Market Will Accelerate to 24% Growth Rate Through 2024 as Hyperscalers and Non-Hyperscalers Battle for Market Share

Hyperscale public cloud providers have experienced growth rates exceeding 30% for the past few years, and their appetite for enterprise IT spend remains insatiable. Everest Group predicts hyperscalers—namely Amazon Web Services (AWS), Google Cloud, and Microsoft Azure—will seize more of enterprise IT spend as the cloud services market accelerates to 24% compound annual growth rate through 2024.

Worldwide Unified Communications & Collaboration (UC&C) Market Delivers Strong Growth in 2Q20, According to IDC

Due to COVID-19, one thing that became apparent to many businesses and organizations during this period was the acute requirement to provision secure, scalable communications and collaboration solutions, tools, and applications to support a sudden, significant rise in the number of work-from-home (WFH) employees.

Worldwide Public Cloud Services Market Totaled $233.4 Billion in 2019 with the Top 5 Providers Capturing More Than One Third of the Total, According to IDC

The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26.0% year over year in 2019 with revenues totaling $233.4 billion, according to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker.

Future of Work, Most PopularMelissa FisherSeptember 4, 2020PaaS, SaaS, IaaS, Cloud Services, public cloud

Public Cloud Computing Will Transform Businesses in GCC, Gartner Hype Cycle Says

The hype around public cloud computing in the Gulf Cooperation Council (GCC) states will grow in the next two to five years, according to a new report from Gartner, Inc. However, it will take more than 10 years for this technology to translate into mainstream adoption.