Moreover, cloud computing is a rapidly growing IT field in need of skilled professionals. In May 2024, Gartnerforecastthat global end-user spending on public cloud services in 2024 would reach $675.4 billion, up from $561 billion in 2023.IaaSis expected to grow the most, with a spending in...
application markets," Gartner research director Sharon Mertz said, referring to business computer networks.Vendors are responding to the growing market by expanding the kinds of business computing services hosted online, according to Mertz.Microsoft on Monday announced a pact with Taiwan's Chunghwa ...
Cloud computing has become much more than just a buzzword over the last two decades — it represents a seismic shift that has fundamentally transformed the technology industry and the way businesses operate. According to Gartner, the public cloud services market is forecasted to grow 20.7 percent ...
Credit:Global end-user cloud spend forecast 2021 -2023 – Gartner According to the forecast, IaaS, DaaS, and PaaS will experience the greatest growth in spending. 5. SaaS dominates the public cloud services market (Source: Gartner) Out of the $600 billion in end-user public cloud spend, th...
Cloud Computing Market Revenues Grow by 24% to Reach US$180 Billion in 2017 According to the data published by Synergy Research Group in January 2018, revenues of the global cloud computing market grew by 24% and reached US$180 billion in 2017. Intel Vulnerabilities: Cloud Service Vendors Take...
This is higher than the 18.8% growth forecast for 2022. “Current inflationary pressures and macroeconomic conditions are having a push and pull effect on cloud spending,” said Sid Nag, Vice President Analyst at Gartner. “Cloud computing will continue ...
In December 2019, Gartnercomparedfive leading third-party cloud cost management vendors --Apptio,CloudCheckr,Flexera,TurbonomicandVMware-- and generated the following summary, noting that "the cost optimization market still has many unexplored areas": ...
Proportion of Enterprise IT Spending on Public Cloud Computing Continues to Increase View the 2021 release here Worldwide end-user spending on public cloud services is forecast to grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020, a...
Gartner’s latest worldwide public cloud services revenue forecastpublished earlier this month predicts Infrastructure-as-a-Service (IaaS), currently growing at a 23.31% Compound Annual Growth Rate (CAGR), will outpace the overall market growth of 13.38% through 2020. Software-as-a-Service (SaaS)...
The worldwide public cloud services market is forecast to grow 17% in 2020 to a total of $266.4 billion, up from $227.8 billion in 2019, according to tech analyst Gartner.MUST READ: What is cloud computing? Everything you need to know about the cloud, explained Cloud computing adoption ha...