By 2018, IDC forecasts that public cloud spending will more than double to $127.5 billion. Edge computing introduces a great level of business complexity, as it requires an extensive range of stakeholders for IT infrastructure, connectivity . Collected from the entire web and summarized to include only the most important parts of it. "Public cloud services market value in the Asia Pacific from 2015 to 2020 (in million U.S. dollars)." Chart. The concept assumes that AgileBPMaaS can be a knowledge library in the context of Agile BPM in the cloud, as well as a specific solution (meta cloud service). The Cloud Market Share Leaders of 2021. It assumes the use of various, integrated cloud computing services and on-premise solutions for process management. Apr 20, 2022. Spending on Infrastructure-as . "The CSS market saw growth of 12.9% in 2020, down from 14.78% in 2019, reaching $24.6 billion, up from $21.8 billion in 2019". In 2023, the platform as a service (PaaS) market is estimated to be worth approximately 136 billion U.S. dollars. And it has been expected to be growing with a rate of 19.1% from the year 2021 to 2028. Edge Computing Market Growth & Trends. 60% of organizations will use Cloud Access Security Brokers (CASB) by 2022. Alphabet (ticker: GOOG, GOOGL) has a market share of 8% and an annual growth of 54%. The market is segmented by component, by end user and by region. The global edge computing market size is anticipated to reach USD 61.14 billion by 2028, exhibiting a CAGR of 38.4% over the forecast period, according to a new report by Grand View Research, Inc. Cloud Market in 2019 and Predictions for 2022. Enterprise IT spending on public cloud computing, within addressable market segments, will overtake spending on traditional IT in 2025, according to Gartner, Inc. Gartner's 'cloud shift' research includes only those enterprise IT categories that can transition to cloud, within the application software, infrastructure software, business . (Source: eWeek) Businesses store sensitive data in the cloud, which naturally causes questions regarding the security aspect. Primarily, Gartner anticipates that the public cloud market will grow due to increased adoption of: Virtualization; Edge computing Containerization Microsoft Azure takes . Beyond the top three players, Gartner placed Alibaba Cloud in the "visionaries" box, and ranked Oracle, Tencent Cloud, and IBM as "niche players," in that order. According to the experts Heather Bellini, Heath Terry, Piyush Mubayi, Caroline Liu, Mark Grant, and Ted Lin, in a quarterly report, the market for cloud computing will keep on growing at the rate of 20% per year through 2021 to reach $116 billion. The global cloud computing market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% China's private cloud computing market size 2015-2023; . Gartner projects the market will reach a 29.1% a compound annual growth rate (CAGR) from 2014 to 2019, Source: Gartner Says Worldwide Cloud Infrastructure-as-a-Service Spending to Grow 32.8 . The main cloud providers were AWS with 37%, Azure with 23% and GCP with 9%. Public cloud . The Worldwide Public Cloud Services Market is projected to grow by 17.3 3% in 2019 to total $206.2B, up from $175.8B in 2018 according to Gartner. The global hybrid cloud market size was valued at $36,138 million in 2017, and is projected to reach $171,926 million by 2025, growing at a CAGR of 21.7% from 2018 to 2025. Market size for edge computing in the U.S. 2017-2025, by segment; The Cloud Market Share Leaders of 2021. Growth in cloud spending can be attributed to increased adoption in technologies such as virtualization, edge computing and containerization. Market size for edge computing in the U.S. 2017-2025, by segment; Gartner forecasts that public cloud market end-user spend will grow by 23% in 2021. Public cloud services market size 2017-2023 + Software. Global Cloud Computing Market | Over $ 287 Billion growth expected during 2021-2025 | Technavio. Cloud Computing Market Size. DUBLIN--(BUSINESS WIRE)--The "Cloud Computing Market Size, Share & Trends Analysis Report by Service (SaaS, IaaS), by Enterprise Size (Large Enterprises, SMEs), by End Use (BFSI, Manufacturing . 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, according to Gartner, Inc. Gartner cites, "The ability to use on-demand, scalable cloud models to achieve cost efficiency and business continuity is providing . The global edge computing market is anticipated to record a CAGR of around 38% over the forecast period, i.e., 2019-2027. On the above chart we can see important growth spikes (38%) during covid crisis and more recently a growth of 29% in Q1 2021 to reach a record of $18,6B. The global cloud computing market size was valued at USD 368.97 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.7% from 2022 to 2030. 28. The introduction of emerging technologies such as Artificial Intelligence (AI) and machine learning enables cloud growth by empowering companies to tap into AI capabilities . The cloud system infrastructure services (IaaS) segment is forecast to grow by 26 percent in 2022 compared to 2021. Introduction of the Indonesia Cloud Computing Market Report. Scale Computing Introduces Industry's First Cloud-Based Fleet Management Solution for Successful Edge Computing By: Scale Computing via Business Wire May 24, 2022 at 08:00 AM EDT IT data center systems total spending worldwide 2012-2023 + . Gartner predicts that by 2025, it will be double the size of the non-cloud industry. The company identifies several key catalysts for this expected growth. And it has been expected to be growing with a rate of 19.1% from the year 2021 to 2028. Let's just try to learn from the former how to avoid a . The Indonesia Cloud Computing market was estimated to be USD XX Million in 2021 and is anticipated to grow at a CAGR of 28% to 33% during the forecast period (2021-2028). According to the leading research website grand view research, the worldwide could computing market size has been estimated with a worth of USD 274.79 billion in 2020. In the fourth quarter of 2021, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 33 percent of the entire market. Gartner predicts that the SaaS cloud application services market will consistently constitute at least one-third of the total public cloud revenue share for the next four years: In 2021 alone, the SaaS market will likely reach over $123 billion in revenue. 5. Global Cloud Revenue to Total $474 Billion in 2022, Up from $408 Billion in 2021. Digital business transformation has entered a more challenging and urgency-driven phase due to the COVID-19 pandemic. The healthcare cloud computing market was valued at USD 33,390.56 million in 2021, and it is expected to reach USD 71,730.64 million by 2027, registering a CAGR of 14.12% during the forecast period 2022-2027. The Latest Released Cloud Computing market study has evaluated the future growth potential of Cloud Computing market and provides information and useful stats on market structure and size. Without surprises the US cloud market is the largest one by far and represents 44% of total spend. Last year - in 2018, the market size was valued at $272 billion. The amalgamation of Artificial Intelligence (AI) into the edge ecosystem is expected to drive market growth. Gartner recently published its estimates for 2021 and 2022 as can be seen in the . Amazon Web Services (AWS for short) is one of the best cloud IaaS services and by far the most popular and widely used cloud service in . "The events of last year allowed CIOs to overcome any reluctance of moving. (Source: Report Linker) According to cloud computing growth stats, the industry will grow at a CAGR of 18%. IT data center systems total spending worldwide 2012-2023 + . , Feb 16, 2022. In 2023, end-user spending is expected to reach nearly $600 billion. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. Global giants are providing . It will be a disruptive market, to say the least." Gartner clients can read more in the report "Forecast: Public Cloud Services, Worldwide, 2019-2025, 1Q21 Update." Learn more about the future of cloud in the complimentary Gartner webinar "The Cloud Strategy Cookbook: Find the Recipe for Your Success", taking place May 5, 2021 at 10AM EDT. Growth in cloud spending can be attributed to increased adoption in technologies such as virtualization, edge computing and containerization. The global cloud computing market size was USD 219.00 billion in 2020. The global cloud services market reached a value of nearly $325.1 billion in 2018, having grown at a compound annual growth rate (CAGR) of 10.7% since 2014, and is expected to grow at a CAGR of 12 . On the above chart we can see important growth spikes (38%) during covid crisis and more recently a growth of 29% in Q1 2021 to reach a record of $18,6B. Various government agencies across the EU have invested heftily in cloud . Amazon, Microsoft and Alibaba Cloud are among the top three in the world. Centralized, cloud-hosted management coupled with a growing portfolio of common cloud and edge . lthough estimates of the overall cloud market size vary considerably, the consensus is that cloud computing is growing rapidly. Cloud is responsible for virtually all of the 11% expenditure growth in the enterprise software category in 2022, according . Grazed from CloudTweaks. (Source: Canalys) Author: Rick Blaisdell. Spending on SaaS cloud services is predicted to reach $122.6B this year, growing to $145.3B next year, attaining 19.3% growth between 2021 and 2022. Edge computing solutions will shake out over the next 5 years. Edge Computing Market Growth & Trends. Read more → The recent financial crisis and the cloud have a lot in common, says Gartner's Jay Heiser. 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, according to Gartner, Inc. Gartner cites, "The ability to use on-demand, scalable cloud models to achieve cost efficiency and business continuity is providing . Get in touch with us now. Authors proposed AgileBPMaaS concept. 1 position in the IaaS market in 2020, followed by Microsoft, Alibaba, Google and Huawei. Get more information on this report: Request Sample Pages. Over-hyped, complex and potentially toxic. Europe: cloud computing market size forecast 2017-2030, by segment Fabricated metal products firms using cloud computing in Italy 2020, by service Factors limiting paid cloud computing services . The cloud advertising segment was removed from Gartner's public cloud services forecast segments starting from 2017. . About Gartner. "The expectations of the outcomes associated with cloud investments therefore are . Public cloud services market size 2017-2023 + Software. To have an edge over the competition by knowing the market dynamics and current trends of "Indonesia Cloud . The Forrester Wave™: Enterprise Public Cloud Platforms, Q4 2014 According to the [190+ Pages] research report; the global Cloud Computing Market in 2019 was approximately USD 321 Billion. Firms that use multiple topologies, applications, and cloud providers are most often scrutinized. Global Edge Computing Market During 2020-2025 . The global edge computing market size was valued at USD 4.68 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 38.4% from 2021 to 2028. In 2018 the market will grow a healthy 21% up . Cloud Computing Latest News. 6. PaaS is a type of cloud computing offered by service providers to . The global edge computing market size is anticipated to reach USD 61.14 billion by 2028, exhibiting a CAGR of 38.4% over the forecast period, according to a new report by Grand View Research, Inc. Market Research Media, cited in the Bloomberg report, says the cloud market will reach $270 billion in 2020 while Forrester is not that optimistic . This forecast is broken down . They survey large numbers of enterprises, perform some number-crunching, and develop overall market size estimates. The global cloud computing market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. According to MarketsandMarkets, the global edge computing market was valued at approximately $3.6 billion in 2020 and is expected to increase and reach $15.7 billion by 2025 at a Compound Annual Growth Rate (CAGR) of 34.1% during the forecasted period. The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market for global cloud computing in higher education market from US$ 2,693.5 Million in 2021 to US$ 15,180.1 Million by 2030. Worldwide spending on public cloud services is expected to reach $332.3 billion in 2021, an increase of 23.1% from 2020, according to the latest Gartner forecast. The amalgamation of Artificial Intelligence (AI) into the edge ecosystem is expected to drive market growth. Gartner. According to Gartner, global public cloud spending is forecast to reach $332.3 billion in 2021, increasing by 23.1% from $270 billion in 2020. The Latest Released Cloud Computing market study has evaluated the future growth potential of Cloud Computing market and provides information and useful stats on market structure and size. Hosting and cloud computing market size worldwide 2010-2020; The main cloud providers were AWS with 37%, Azure with 23% and GCP with 9%. Can be used as content for research and analysis. Register today! Industry Trends. According to the leading research website grand view research, the worldwide could computing market size has been estimated with a worth of USD 274.79 billion in 2020. Bessemer's 10 Laws of Cloud Computing; Gartner Says Worldwide Cloud Infrastructure-as-a-Service Spending to Grow 32.8 Percent in 2015. . Top 10 forecasts for China cloud computing market 2021-2024. As businesses pivot to a digital-first economy, cloud will continue to play an ever greater, and even dominant, role as the IT industry focuses on delivering greater . Source: (Gartner hype-cycle of cloud computing 2009, 2010, 2011 and 2012), (Gartner hype-cycle for emerging technology 2008, 2013 and 2014) +5 Challenges in Cloud Computing Adoption. The ongoing pandemic and the surge in digital services are making cloud the centerpiece of new digital experiences, said Gartner, Inc. "There is no business strategy without a cloud strategy," said Milind Govekar, distinguished vice president at Gartner. Increasing demand for digital transformation of various industries across the region is likely to drive the industry demand. Industry analyst firm Gartner predicts that the infrastructure-as-a-service (IaaS) market will grow by 27.5% in 2019 (a significant decrease from Gartner's 2018 35.9% growth prediction) to reach $38.9 billion by the end of the year.Even with IaaS YoY growth predictions decreasing (from 35.9% to 27.5%), IaaS is still the fastest-growing market . The market is anticipated to grow at a CAGR of 22% during the forecast period 2022-2030. The global cloud computing market size is expected to grow from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period . The global cloud computing market is estimated to grow at a CAGR of more than 25% during the forecast period (2019-2025). While a large portion of the growth is coming from companies that sped up their digital transformation efforts during the COVID-19 . "The events of last year allowed CIOs to overcome any reluctance of moving. The moment it's released, vendors trumpet it or spin it, and pundits tweet and pontificate about it voluminously. The four trends are: cloud ubiquity, regional cloud ecosystems, sustainability and carbon-intelligent cloud, and cloud infrastructure . Cloud market share: Present scenario of Cloud Computing Market. When Gartner speaks, the cloud computing market listens. "Hyperscale providers are continuing to build distributed cloud and edge solutions that extend the public cloud's reach . On the basis of end-users, the market is segmented into . "Cloud is the powerhouse that drives today's digital organizations," said . China's Public Cloud Services Market to Grow to 10.5% of global share by 2024. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. However, a major spending will be among Alibaba, Microsoft, Google . The scope of Gartner's . Edge computing platforms are software and hardware that enable a zero-touch, secure, distributed computing architecture for applications and data processing at or near the edge. Cloud market share: Present scenario of Cloud Computing Market. The worldwide public cloud services market is forecast to grow 17% in 2020 to total $266.4 billion, up from $227.8 billion in 2019, according to Gartner, Inc. "At this point, cloud adoption is mainstream," said Sid Nag, research vice president at Gartner. NEW YORK, June 5, 2021 /PRNewswire/ -- Technavio has been monitoring the cloud computing market and . I came across interesting statistics while reading about this topic. Rapid increase in the demand for cloud computing services in retail sector . The global cloud computing market reached $250.04 billion in 2021 and is projected to grow at a compound annual growth rate of 17.9%, reaching $791.48 billion by 2028, according to Fortune Business Insights. In 2020, the overall market size of global public cloud services (IAAs/PAAS/SaaS) reached US$312.42 billion, with a year-on-year growth of 24.1%, according to IDC. A report from MarketsAndMarkets said: "The global cloud computing market size is expected to grow from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth Rate . The impact of COVID-19 globally has been exceptional and astounding, with cloud computing solutions witnessing a diverse demand across the region during the pandemic. February 1, 2017. Global spending on Customer Service and Support (CSS) grew 12.9% in 2020, down from 14.78% in 2019. By end of 2022, the growth rate increase even further, expecting to reach $145 billion in . The public cloud services market as a . Edge Computing Market Size and Growth. Amazon Web Services Dominates the Cloud Computing Market. Table2. Report Overview. Europe Cloud Computing Market size exceeded USD 35 billion in 2020 and is expected to grow at 15% CAGR between 2021 and 2028. The global cloud computing market is expected to reach $623.3 billion by 2023. Organizations are focusing on updating their software stack to Software-as-a-Service (SaaS) to enable sustained flexibility and agility. On the basis of component, it is segmented into hardware, software, services and edge-managed platform. Garter predicts worldwide end-user spending on public cloud services will jump from $242.6B in 2019 to $692.1B in 2025, attaining a 16.1% Compound Annual Growth Rate (CAGR). Alibaba Cloud's market share reached 9.5%, ranking third in the world and first in Asia-Pacific, surpassing Google Cloud Platform's 6.1%, according to data recently released by research firm Gartner. NEEDHAM, Mass., September 14, 2021 - Over the past decade, cloud computing has become the foundation for the delivery of mobile and content services as well as an alternative to traditional enterprise computing environments. Gartner's latest Magic Quadrant report for cloud infrastructure and platform services (CIPS) ranks Amazon Web Services (AWS), Microsoft Azure, and Google Cloud as the top cloud service providers. In 2020, the global IaaS (infrastructure as a service) market reached $64.286 billion, up 40.7% year-on-year, with AWS, Microsoft Azure and . The worldwide infrastructure as a service (IaaS) market grew 40.7% in 2020 to total $64.3 billion, up from $45.7 billion in 2019, according to Gartner, Inc. Amazon retained the No. In the fractured, still immature cloud market, the research firm's annual Magic Quadrant for Cloud Infrastructure is widely considered the authoritative report on trends and vendor ranking. Without surprises the US cloud market is the largest one by far and represents 44% of total spend. According to the 2020 global cloud computing market tracking data released by Gartner, the global cloud computing market size reached 64.28 billion US dollars, an annual increase of 40.7%. Company 2019 Revenue 2019 Market Share (%) 2018 Revenue 2018 Market Share (%) 2018-2019 Growth (%) Amazon: 19,990.4: 45.0: 15,495.0: 47.9: 29.0 . The COVID-19 pandemic is expected to have an overall positive effect on the market. Today's Wall street journal has a front page article on cloud computing Interesting number(s) on market size - IDC - $42b by 2011 - segment definition as an emerging IT development, deployment and delivery model, enabling real-time delivery of product, services and solutions over the Internet Gartner-$56.3 billion in 09 According to Gartner, global public cloud spending is forecast to reach $332.3 billion in 2021, increasing by 23.1% from $270 billion in 2020. Source: 2015-2017 Forecast: Cloud Computing to Skyrocket, Rule IT Delivery. Read more → Based on our research, the global market exhibited a substantial growth of 13.7% in 2020 compared to the . At the moment however, Mature APAC and Japan together only account for about 9% of the overall CRM market share". Cloud infrastructure spending surpassed $80 billion in 2018. The market is expected to grow at a CAGR of 18% and is anticipated to . Predictions for growth indicate large developments for and implementations of cloud computing services, as well as that the cloud computing services market is probably going to achieve between . Four new trends in cloud computing are continuing to expand the breadth of cloud offerings and capabilities, accelerating growth across all segments in the public cloud services market, according to Gartner, Inc. The EU have invested heftily in cloud spending will more than double to $ 127.5 billion with a rate 19.1... 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