Katie Costello We are a trusted advisor and an objective resource for more than 14,000 enterprises in more than 100 countries — across all major functions, in every industry and enterprise size. meghan.rimol@gartner.com. ". “There will be a continued push of cloud spending as an outcome of the coronavirus pandemic,” said Mr. Learn more about how to prioritize cost initiatives by business outcome with the Gartner Cost Optimization Framework. Gartner clients can read more in the report "Forecast: Public Cloud Services, Worldwide, 2018-2024, 2Q20 Update." Amazon continued to lead the worldwide IaaS market with an estimated $20 billion of revenue in 2019 and 45% of the total market (see Table 1). All rights reserved. By continuing to use this site, or closing this box, you consent to our use of cookies. Follow news and updates from these conferences on Twitter using #GartnerIO. Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. AWS has expanded well beyond cloud compute and storage. Complimentary research, insights and webinars are offered to help leaders build resilience on their path to business recovery. katie.costello@gartner.com, Meghan Rimol The worldwide public cloud services market is forecast to grow 17 per cent in 2020 to total $266.4 billion, up from $227.8 billion in the previous calendar year, according to Gartner, Inc. In fact, the recently-released report from Gartner entitled Market Share: IT Services, Worldwide 2019 found that the global IaaS market … “Cloud … The dominance of the top five providers is even more pronounced in public cloud, where they control almost 80% of the market. In 2020, the second-largest segment will be cloud system infrastructure services, or infrastructure as a service (IaaS). Huawei Cloud was second with a 15.5% share while Tencent Cloud … In 201 U.S. dollars from the sale market share of 45 percen in the market combined. With USD$85.7 billion of global revenue in 2018, USD$99.5 billion of global revenue in 2019, and a projected USD$116 billion in 2020, the scalability of such software remains invaluable. Vendor share from the public cloud services IaaS market worldwide 2015-2019 Cloud infrastructure services market share worldwide 2017-2020, by vendor Leading cloud IT … The worldwide public cloud services market is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019, according to Gartner, Inc. Desktop as a service (DaaS) … 2 position in the IaaS market with more than half of its nearly $8 billion in revenue coming from North America. Table 1. Based on another study by Canalys, Alibaba Cloud had a 40.1% share in the Chinese IaaS market in Q2 2020. Katie Costello Public cloud services serve as the one bright spot in the outlook for IT spending in 2020. meghan.rimol@gartner.com. The Cloud Infrastructure-as-a-Service (IaaS) Market recently Published Global Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Cloud Infrastructure-as-a-Service (IaaS) Market”. Cloud spending in many regions is expected to grow rapidly as economies reopen and more normal economic activity resumes, with regions such as North America expecting to return to higher spending levels as early as 2022. “The use of public cloud services offer CIOs two distinct advantages during the COVID-19 pandemic: cost scale with use and deferred spending,” said Mr. Three-quarters of all IaaS providers exhibited growth in 2018. The global public cloud service market is projected to reach $266 billion in 2020. It is the second largest provider of cloud services in China, after Alibaba. Gartner Table: Worldwide IaaS Public Cloud Services Market Share… Alibaba Cloud has the third biggest global market share for IaaS and first in Asia Pacific in 2019, said Gartner in its latest report. It had a 6% share of the global market up from 5% both in Q3 2019 and Q2 2020. The cloud Infrastructure as a Service (IaaS) market grew 37.3 percent in 2019 to reach $44.5 billion -- that's up from $32.4 billion in 2018, according to the latest worldwide market … Global cloud IaaS/PaaS vendor revenue share 2018-2020 Published by Arne Holst, Jul 9, 2020 With a revenue share of 24.3 percent in the year to end March 2020, Amazon is the leader in … Amazon, Microsoft and Alibaba secured the top three positions in the CIPS market in 2019, while Tencent and Oracle were in a virtual tie for the No. Edison, NJ -- -- 12/03/2020 -- Latest Market intelligence report released by HTF MI with title "Global Private and Public Cloud in Financial Services Market Size, Status and Forecast 2019-2025" is designed covering micro level of analysis by manufacturers and key business segments.The Global Private and Public Cloud in Financial Services Market … Nag. The global public cloud services market will grow by 6.3% in 2020 to $257.9 billion. “Cloud … The worldwide public cloud services market is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019, according to Gartner, Inc. katie.costello@gartner.com, Meghan Rimol Dollars), Cloud Application Infrastructure Services (PaaS), Cloud System Infrastructure Services (IaaS). Leading public cloud service providers continue to gain market share across the globe. ©2020 Gartner, Inc. and/or its affiliates. In the recovery and rebound phase, CIOs are recognizing that they don’t need to bring workloads back on premises, which will further increase cloud spending and drive new applications around cloud-hosted collaboration that incorporate emerging technologies such as virtual reality and immersive video experiences.”. In 2019, the top five IaaS providers accounted for 80% of the market, up from 77% in 2018. Gartner IT Infrastructure, Operations & Cloud Strategies Conferences. Gartner Gartner clients can learn more in the report “Market Share: Enterprise Public Cloud Services, Worldwide, 2019.” Additional information is available in the Reset your business strategy section on gartner.com. Microsoft remained in the No. Public IaaS and PaaS services account for the bulk of the market and those grew by 34% in Q2. “When enterprises were compelled to move their applications to the public cloud as a result of the pandemic, they realized the true benefits of public cloud and it is unlikely that they will change course. “It responded to increased demand and catered to customers’ preference of elastic, pay-as-you-go consumption models.”. The global IaaS market will hit $50 billion next year, up from $40.3 … Software as a service (SaaS) remains the largest market segment and is forecast to grow to $104.7 billion in 2020 (see Table 1). Google’s IaaS revenue grew from $1.3 billion in 2018 to $2.4 billion in 2019, experiencing 80.1% growth. As of October 2020, Canalys reports that the worldwide cloud market grew 33% this quarter to $36.5 billion. Alibaba Group will continue to expand its cloud infrastructure business in the coming years and aim to offer cloud-based intelligent solutions to its customers to support their digital transformation process. According to Gartner, the market is dominated by five vendors who account for nearly 80% of worldwide IaaS cloud market share in 2018. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AW… (Source: Gartner) … Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory company and a member of the S&P 500. Gartner Moving forward, Gartner will be combining the IaaS and platform as a service (PaaS) segments into a single, complementary platform offering, cloud infrastructure and platform services (CIPS). 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