Gartner has released some research that suggests the global public cloud computing market is set to grow by 18.5% in 2013 which will see it rise from a $111bn market last year to $131 this year. Yet the big news is that the public cloud market is set to total $677bn over the next three years.
The largest contributors are North America and Western Europe, but areas such as APAC and Eastern Europe are quickly growing with opportunities around cloud computing services. To quantify that to percentages, Gartner suggests that North America will be responsible for 59% of new cloud computing spend through to 2016 with Western Europe accounting for 24%.
Gartner's research breaks down the cloud computing segments as follows:
- Business Process as a Service: 28%
- Software as a Service: 14.7%
- Infrastructure as a Service: 5.5%
- Management, Security and Automation: 2.8%
- Platform as a Service: 1%
- Cloud Advertising: 48%.
Clearly there are cloud services that have not been created yet that will be relevant in 2016,but this should give you a good idea of where things are heading. If you need help on your cloud strategy and transitions contact us.
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