Monday, 20 August 2018

Global public cloud spending to hit $195bn in 2020

By Nick Wood, Total Telecom
Friday 12 August 16

IDC predicts IaaS, PaaS revenues to grow faster than SaaS in five years to 2020.

Global spending on public cloud services will reach US$195 billion by 2020, compared to nearly $70 billion in 2015 and an estimated $96.5 billion this year, predicted IDC this week. According to the research firm, that represents a compound annual growth rate (CAGR) of 20…

Global spending on public cloud services will reach US$195 billion by 2020, compared to nearly $70 billion in 2015 and an estimated $96.5 billion this year, predicted IDC this week. According to the research firm, that represents a compound annual growth rate (CAGR) of 20…

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