|
The global public cloud services market revenue is expetec to grow by 18.5 percent in 2017 reaching $260.2 billion, up from $219.6 billion in 2016, according to the latest report from Gartner, Inc. From the report: “Final data for 2016 shows that software as a service (SaaS) revenue was far greater in 2016 than expected, reaching $48.2 billion. SaaS is also growing faster in 2017 than previously forecast, leading to a significant uplift in the entire public cloud revenue forecast. ... SaaS revenue is expected to grow 21 percent in 2017 to reach $58.6 billion… The acceleration in SaaS adoption can be explained by providers delivering nearly all application functional extensions and add-ons as a service. ... The highest revenue growth will come from cloud system infrastructure services (infrastructure as a service, IaaS), which is projected to grow 36.6 percent in 2017 to reach $34.7 billion.”
Worldwide Public Cloud Services Revenue Forecast:
(Billions of U.S. Dollars / Source: Gartner – October 2017)
2016 | 2017 | 2018 | 2019 | 2020 | |
Cloud Business Process Services (BPaaS) | 39.6 | 42.2 | 45.8 | 49.5 | 53.6 |
Cloud Application Infrastructure Services (PaaS) | 9.0 | 11.4 | 14.2 | 17.3 | 20.8 |
Cloud Application Services (SaaS) | 48.2 | 58.6 | 71.2 | 84.8 | 99.7 |
Cloud Management and Security Services | 7.1 | 8.7 | 10.3 | 12.0 | 13.9 |
Cloud System Infrastructure Services (IaaS) | 25.4 | 34.7 | 45.8 | 58.4 | 72.4 |
Cloud Advertising | 90.3 | 104.5 | 118.5 | 133.6 | 151.1 |
Total Market | 219.6 | 260.2 | 305.8 | 355.6 | 411.4 |
Sponsored byDNIB.com
Sponsored byCSC
Sponsored byVerisign
Sponsored byIPv4.Global
Sponsored byVerisign
Sponsored byWhoisXML API
Sponsored byRadix