{"id":5470,"date":"2016-01-29T10:27:59","date_gmt":"2016-01-29T10:27:59","guid":{"rendered":"http:\/\/www.intelligentcio.com\/me\/?p=5470"},"modified":"2016-01-29T10:27:59","modified_gmt":"2016-01-29T10:27:59","slug":"worldwide-public-cloud-services-market-to-reach-204-billion-in-2016-says-gartner","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/me\/2016\/01\/29\/worldwide-public-cloud-services-market-to-reach-204-billion-in-2016-says-gartner\/","title":{"rendered":"Worldwide public cloud services market to reach $204 billion in 2016"},"content":{"rendered":"

The worldwide public cloud services<\/a> market is projected to grow 16.5% in 2016 to total $204 billion, up from $175 billion in 2015, according to Gartner, Inc. The highest growth will come from cloud system infrastructure services<\/a>(infrastructure as a service [IaaS]), which is projected to grow 38.4% in 2016. Cloud advertising<\/a>, the largest segment of the global cloud services market, is expected to grow 13.6% in 2016 to reach $90.3 billion (see Table 1).<\/p>\n

“The market for public cloud services is continuing to demonstrate high rates of growth across all markets and Gartner expects this to continue through 2017,” said Sid Nag<\/a>, Research Director at Gartner. “This strong growth continues reflect a shift away from legacy IT services to cloud-based services, due to increased trend of organisations pursuing a digital business strategy.”<\/p>\n

Table 1. Worldwide Public Cloud Services Forecast (billions of US Dollars)<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/strong><\/td>\n\u00a0<\/strong><\/p>\n

2015<\/strong><\/td>\n

2015 Growth (%)<\/strong><\/td>\n\u00a0<\/strong><\/p>\n

2016<\/strong><\/td>\n

2016 Growth (%)<\/strong><\/td>\n<\/tr>\n
Cloud business process services (BPaaS)<\/td>\n39.2<\/td>\n2.7<\/td>\n42.6<\/td>\n8.7<\/td>\n<\/tr>\n
Cloud application services (SaaS)<\/td>\n31.4<\/td>\n15.5<\/td>\n37.7<\/td>\n20.3<\/td>\n<\/tr>\n
Cloud application infrastructure services (PaaS)<\/td>\n3.8<\/td>\n16.1<\/td>\n4.6<\/td>\n21.1<\/td>\n<\/tr>\n
Cloud system infrastructure services (IaaS)<\/td>\n16.2<\/td>\n31.9<\/td>\n22.4<\/td>\n38.4<\/td>\n<\/tr>\n
Cloud management and security services<\/td>\n5.0<\/td>\n20.7<\/td>\n6.2<\/td>\n24.7<\/td>\n<\/tr>\n
Cloud advertising<\/td>\n79.4<\/td>\n15.4<\/td>\n90.3<\/td>\n13.6<\/td>\n<\/tr>\n
Total market<\/strong><\/td>\n175.0<\/strong><\/td>\n13.7<\/strong><\/td>\n203.9<\/strong><\/td>\n16.5<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

BPaaS = business process as a service; PaaS = platform as a service<\/em><\/p>\n

Source: Gartner (January 2016)<\/em><\/p>\n

The IaaS segment will remain the fastest-growing segment in 2016, forecast to reach $22.4 billion.<\/p>\n

“IaaS continues to be the strongest-growing segment as enterprises move away from data centre build-outs and move their infrastructure needs to the public cloud,” said Nag. “Certain market leaders have built a significant lead in this segment, so providers should focus on creating differentiation for success.”<\/p>\n

Cloud application services<\/a> (SaaS) is forecast to grow 20.3% in 2016, to $37.7 billion. As software vendors shift their business models from on-premises licensed software to public cloud-based offerings, this trend will continue. In addition, the entry of some major software vendors into the public cloud last year will fuel growth of the SaaS market moving forward.<\/p>\n

The full forecast and additional analysis is available in the Gartner reports “Forecast: Public Cloud Services, Worldwide, 2013-2019, 4Q15 Update”<\/a> and “Forecast Analysis: Public Cloud Services, Worldwide, 4Q15 Update<\/a>.” \t<\/p>\n","protected":false},"excerpt":{"rendered":"

The worldwide public cloud services market is projected to grow 16.5% in 2016 to total $204 billion, up from $175 billion in 2015, according to Gartner, Inc. The highest growth will come from cloud system infrastructure services(infrastructure as a service [IaaS]), which is projected to grow 38.4% in 2016. Cloud advertising, the largest segment of […]<\/p>\n","protected":false},"author":20,"featured_media":5471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[331,54,13],"tags":[202,656,647],"class_list":["post-5470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud","category-research","category-top-stories","tag-gartner","tag-iaas","tag-public-cloud"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/5470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/comments?post=5470"}],"version-history":[{"count":0,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/5470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media\/5471"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media?parent=5470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/categories?post=5470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/tags?post=5470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}