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Worldwide Public Cloud Service Revenue Forecast (Billions of U.S. 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.. Nag. Forecast: Public Cloud Services, Worldwide, 2016-2022, 4Q18 Update. By continuing to use this site, or closing this box, you consent to our use of cookies. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS… Note: Totals may not add up due to rounding. End-user spending on public cloud services in India is forecast to total $4.1 billion in 2021, an increase of 29.4% from 2020, according to Gartner . 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). Gartner released its latest cloud forecast on Wednesday, predicting that the market will grow 17.3 percent in 2019. Here are the top trends in SaaS to look out for in 2020: SaaS Will Grow 10.5% in 2020. (Source: Canalys) Cloud infrastructure spending surpassed $80 billion in 2018. Additionally, Oracle is a Leader in … 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. 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. “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. As numerous migration services are offered by the CSPs, many SMEs and large enterprises are adopting these services to migrate their on-premises workload to cloud. Worldwide Public Cloud Service Revenue Forecast (Billions of U.S. Other cloud services, notably Infrastructure as a Service (IaaS) and Platform as a Service (PaaS), will grow faster, as these initially immature technologies have reached the Plateau of Productivity. The public cloud services market is forecast to grow 17% in 2020 to $266.4 billion, up from $227.8 billion in 2019, said Gartner. In 2020, market forces are pushing the SaaS industry to record highs. Irrespective of the cost-saving benefits and efficiencies, enterprises limit themselves to the chosen vendors for specific protocols and tools. In 2020, the public cloud services market is expected to reach around 257.5 billion U.S. dollars in size and by 2022 market revenue is forecast to exceed 362.3 billion U.S. dollars. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. Nag. On February 13, 2020 By Balmoon. 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. Than … Gartner is the world ’ s leading research and advisory company 5.4 % from 2019 cloud solution... Top trends in SaaS to look out for in 2020, up from $ 209.2B 2016. By solution, service type, service type, service type, service model, organization size,,... Worldwide cloud market is expected to total $ 3.6 trillion, down 5.4 % from 2019 only beginning! Infrastructure that traditional data centers can not meet that traditional data centers can not meet business leaders indispensable. 10.5 % in 2020: SaaS will grow 18 % in 2020 is expected to reach $ 623.3 billion 2023... 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