Gartner analysts will provide additional analysis on cloud strategies and infrastructure and operations trends at the Gartner IT Infrastructure, Operations & Cloud Strategies events taking place April 23-25 in Tokyo, April 24-25 in Sao Paulo, April 29-30 in Sydney, May 6-7 in Mumbai, June 4-5 in Frankfurt, June 25-26 in Mexico City, and November 25-26 in London. It is expected to reach $50 billion by the end of 2020, up from $31 billion in 2018. Katie Costello In 2020, market forces are pushing the SaaS industry to record highs. Gartner analysts will provide additional analysis on cloud strategies and infrastructure and operations trends at the Gartner IT Infrastructure, Operations & Cloud Strategies events taking place November 25-26 in London and December 9-12 in Las Vegas. Since then, the company has launched many updates wit… Software spending was $456 billion in 2019, and Gartner predicts 10.5% growth in 2020 — making it the fastest growing major IT market. “The expectations of the outcomes associated with cloud investments therefore are also higher. The Worldwide Public Cloud Services Market is projected to grow by 17.3% in 2019 to total $206.2B, up from $175.8B in 2018 according to Gartner. Cloud infrastructure spending surpassed $80 billion in 2018. The SaaS market is reaching a higher revenue size than … Amazon Web Services (AWS) still dominates the public cloud IaaS market, but rivals like Microsoft Azure, Alibaba, Google Cloud Platform and Rackspace at least have a slice of the market, according to a Gartner research statement in September 2017 covering the 2016 and 2015 IaaS markets.. The Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises is a rigorous independent evaluation of UKG’s ability to execute on … Public cloud services market size 2009-2022 + Public cloud services market share in Russia 2019, by segment + Mexico: cloud services revenue 2019 + Mexico: cloud … Gartner expects that by the end of 2019, more than 30 percent of technology providers’ new software investments will shift from cloud-first to cloud-only. SIEM, IAM and emerging technologies are the fastest growing cloud-based security services segments. “The cloud managed service landscape is becoming increasingly sophisticated and competitive. We use cookies to deliver the best possible experience on our website. Cloud Puting Market Ed To Reach 411b By 2020. “At Gartner, we know of no vendor or service provider today whose business model offerings and revenue growth are not influenced by the increasing adoption of cloud-first strategies in organizations. This growth is attributed to the demands of modern applications and workloads, which require infrastructure that traditional data centers cannot meet. “Cloud-native capabilities, application services, multicloud and hybrid cloud comprise a diverse cloud ecosystem that will be important differentiators for technology product managers. Reset Your Business Strategy Amid COVID-19, cloud application infrastructure services. Whoa! By continuing to use this site, or closing this box, you consent to our use of cookies. IaaS is forecast to grow 24% year over year, which is the highest growth rate across all market segments. Last year – in 2018, the market size was valued at $272 billion. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS… (Source: Report Linker) According to cloud computing growth stats, the industry will grow at a CAGR of 18%. Note: Totals may not add up due to rounding. 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. The SaaS market is reaching a higher revenue size than … (Source: Canalys) We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. Cloud Security Market Size Gartner. Public cloud services market in Australia is poised to grow 87 per cent over the next three years reaching $10.3 billion by 2022. In … Gartner is the world’s leading research and advisory company. Last year – in 2018, the market size was valued at $272 billion. Public cloud revenue is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019, according to Gartner. In 2021, spending on managed services and cloud infrastructure will make up 8% of total IT spending in India. Public cloud services revenue in India is projected to total $2.4 billion in 2019, an increase of 24.3% from 2018, according to Gartner, Inc.Even though India revenue will represent only 1.2% of the global public cloud services total in 2019, it ranks among the nine countries whose growth rate will be higher than the global average growth rate (16%). The fastest-growing market segment will be cloud system infrastructure services, or infrastructure as a service (IaaS), which is forecast to grow 27.5 percent in 2019 to reach $38.9 billion, up from $30.5 billion in 2018 (see Table 1). “As cloud continues to become mainstream within most organizations, technology product managers for cloud related service offerings will need to focus on delivering solutions that combine experience and execution with hyperscale providers’ offerings,” said Mr. Nag. Today Oracle announced that its Autonomous Database, released just two years ago, was recognized by Gartner in its recently published cloud database market reports.Oracle Autonomous Database scored highest in all four Use Cases in the 2020 Gartner “Critical Capabilities for Cloud Database Management Systems for Operational Use Cases” report. “Building, implementing and maturing cloud strategies will continue to be a top priority for years to come,” said Mr. The global cloud POS market size is expected to grow at a CAGR of 22.7% during the forecast period, to reach USD 3.73 billion by 2023 from USD 1.34 billion in 2018. 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. Gartner analysts discussed cloud security trends during the Gartner Security & Risk Management Summit taking place here through Thursday. Gartner predicts the worldwide public cloud services market will grow 18% in 2017 to $246.8B, up from $209.2B in 2016. Gartner released a report recently estimating that the worldwide cloud market is worth about $131 billion in 2013. Google’s Cloud Platform is estimated by Gartner to command a public cloud market share of 4%, with annual revenues of $1.3 billion and growth of 60% in 2018. This year could see the Google overtake Alibaba, with Google CEO Sundar Pichai reporting cloud service revenues on track for $8 billion. The worldwide public cloud services market is projected to grow 17.5 percent in 2019 to total $214.3 billion, up from $182.4 billion in 2018, according to Gartner, Inc. Nag. 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