Abstract. Public Cloud Soaring To $331 Billion By 2022, According to Gartner. Full-year spending figures for 2021 were $73.9 billion for cloud infrastructure up 8.8 percent compared with 2020 and $59.6 billion for non-cloud infrastructure up 4.2 percent versus 2020. Well, this is one good news that needs to be absorbed by some degree of concern as well. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. Global spending on public cloud grew by 26% to reach $126bn in the first quarter of 2022, new figures show, with infrastructure as a service (IaaS) and platform as a service (PaaS) seeing the steepest increases.. At a global scale, companies are investing heavily. Platform-as-a-Service (PaaS) spending is predicted to grow [] Cloud system infrastructure services (IaaS) is forecast to record the highest growth this year (39.4 per cent), followed by cloud application infrastructure services (PaaS). According to Gartners latest forecast, worldwide cloud spending is expected to reach $332.3 billion in 2021, which is an increase of 23.1% from 2020 ($270 billion).. Fahmida Y Rashid writes for VentureBeat on major cloud spending trends in 2021 and 2022 based on Gartners predictions. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. Global end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021. In 2023, end-user spending is expected to reach nearly $600 billion. Software as a service will This IDC Survey Spotlight illustrates worldwide retailers' spending more than expected on public cloud infrastructure services. The analyst house predicted global public cloud spending will rise 20.4% in 2022 to a total of $494.7 billion, up from $410.9 billion in 2021. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. Higher demand If 2021 was any indication, demand for cloud computing will continue to expand in 2022. Spending on Infrastructure-as-a-Service (IaaS) is predicted to increase from $30.5B in 2018 to $38.9B in 2019, growing 27.5% in a year. Ongoing disruption to IT markets by cloud will be amplified by the introduction The countrys public cloud services end-user spending is forecast to total $7.3 billion in 2022, up 29.6% from the previous year. Gartner projects that global end-user spending on public cloud services will approach a massive $495 billion in 2022. The end-user spending on public cloud in the Mena region will total $5.8 billion in 2022, Gartner predicted. In 2023, Gartner predicts end-user spending on public cloud computing will reach nearly $600 billion. It should be used as a companion piece for IDC's Worldwide Public Cloud Services Spending Guide data deliverables. In 2023, end-user spending is expected to reach nearly $600 billion. IaaS, DaaS and PaaS to will witness the highest spending growth this year, according to Gartner. SaaS Leads the Public Cloud Market. The big three hyperscale public cloud providers Amazons AWS, Microsoft Azure and Google Cloud have been the biggest beneficiaries of this growth. Gartner predicts end-user spending on public cloud services to reach US$ 482 billion in 2022. Worldwide spending on public cloud services is expected to reach $332.3 billion in 2021, an increase of 23.1% from 2020, according to the 17. Gartner predicts global public cloud spending to grow at a rate of 21.7% to reach $482 billion in 2022, up from $396 billion this year. The analyst house predicted global public cloud spending will rise 20.4% in 2022 to a total of $494.7 billion, up from $410.9 billion in 2021. Growing uptake of cloud-native infrastructure services is identified as one of the key drivers, but the trend towards hybrid work scenarios driven by the pandemic is also playing a part. 9. Overall Cloud Services Spending: Worldwide cloud infrastructure services spending reached $55.9 billion in Q1 of 2022, up 34% compared to Q1 of 2021. July 19, 2022. In 2023, Gartner expects spending to reach nearly $600 billion. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) spending saw the biggest growth, reaching 36% for the first quarter, or more than $44 billion. By the end of 2022, the US will have leapfrogged all other countries in terms of cloud adoptionby several years! Platform-as-a-Service (PaaS) spending is predicted to grow [] Gartner also underscored that the surge in public cloud adoption triggered by the pandemic this year will continue through to 2025. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. Global spending on public cloud services are expected to hit $214.3 billion, up 17.5 percent, according Gartner. Looking ahead to the rest of this year, IDC said it expects to see total cloud infrastructure spending to grow by 21.7 percent during 2022, reaching an estimated $90 billion. Global public cloud end-user spending to grow 20.4% in 2022 Gartner IaaS is forecast to experience the highest end-user spending growth, while SaaS is set to remain the largest segment. Cloud is the powerhouse that drives todays digital organizations, said Sid Nag, [] Gartner has forecasted that worldwide end-user spending on public cloud services will grow 18.4% to a total of $304.9 billion in 2021 The need to facilitate remote and hybrid-based working is set to play a key role in cloud investment. In today's increasingly digital world, the way s a business approaches its cloud computing strategy is paramount. Public cloud spending will exceed 45% of all enterprise IT Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total $332.3 billion, up from $270 billion in 2020, according to the latest forecast. Cloud Services Market Dominance: Those Big Three public cloud service providers (CSPs) now control a combined 62% of the market, which is up from a 58% combined market share as of Q3 of 2022. Public cloud spending by end users is expected to grow to $332.3 billion in 2021 a 23% increase from $270 billion in 2020. , Apr 20, 2022. >Cloud adoption was already expanding for A Gartner study revealed that the public cloud sector is expected to soar to $331 billion by 2022. These and many other insights are from Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 23% in 2021. Here are the key points: Emerging technologies like containerization, Public cloud spending grows 26% for Q1. Public cloud service and infrastructure markets hit $126 billion for the first quarter of 2022, growing 26% year over year. Read Public Cloud Services Spending Is Projected to Grow in the Future In 2020, the combined end-user spending on cloud services totaled $270 billion. Considering that public cloud spending only accounted for 17 percent of enterprise IT spending in 2021, this is a significant increase. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. Cloud Computing is Considered as Number 1 In-Demand Hard Skill. A recent report by Gartner indicates that the continuing explosion of public cloud services in 2022 will result in a This IDC study provides a detailed description of IDC's methodology and taxonomy for the segmentation of public cloud services by industry and company size, which is consistent across IDC's worldwide vertical research. This is according to the latest forecast from Gartner, Inc, which further forecast that in 2023, end-user spending is expected to reach nearly $600 billion. In 2022, more than $1.3 trillion in enterprise IT spending is at stake from the shift to cloud, growing to almost $1.8 trillion in 2025, according to Gartner. In global comparison, most revenue will be generated in the United States (US$201.40bn in Covid-19 propelled enterprises to the cloud, and this trend will continue in 2022. The amounts at stake being always more important, it becomes critical for companies to better understand and optimize the use of resources. Worldwide end-user spending on public cloud services is forecast to grow 20.4 per cent in 2022 to total $494.7bn, up from $410.9bn in 2021, according to The end-user spending on public cloud in India is likely to reach $7.5 billion in 2022 growing 29.3 per cent from 2021, a Gartner report said on Tuesday. Cloud system infrastructure services (IaaS) is forecast to record the highest growth this year (39.4 per cent), followed by cloud application infrastructure services (PaaS). This is the highest annual growth rate since 2018, the firm notes. SaaS, the largest segment of public cloud spending at 36.9% this year, is forecast to grow 19.3% this year. SaaS end-users spending stood at USD 102.7 billion in 2020 and is forecast to reach USD 122.6 billion in 2021 and USD 145.3 billion by 2022. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. During the year 2022, it is expected that on average, the total spend on cloud solutions and services could exceed 29% of the budgeted costs. Spending on traditional IT infrastructure is expected to rise 1.8% to $60.7 billion. According to predictions from Gartner, global spending on cloud services is expected to reach over $482 billion in 2022, up from $313 billion in 2020. Thirty-seven percent of enterprises said their annual spend exceeded $12 million and 80 percent reported that cloud spend exceeds $1.2 million per year. Public cloud services have become so integral that providers are now forced to address social and political challenges, such as sustainability and data sovereignty, he added. Public cloud services adoption has accelerated since the onset of the global pandemic. End-user spending on public cloud services in India is forecast to total $7.3 billion in 2022, an increase of 29.6% from 2021, according to a Spending on public cloud services in Australia is expected to be $18.7 billion in 2022, according to Gartners latest forecast. Global end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021. In 2023, end-user spending is expected to reach nearly $600 billion. Spending on SaaS cloud services is predicted to reach $122.6B this year, growing to $145.3B next year, attaining 19.3% growth between 2021 and 2022. According to Gartner, global public cloud spending is forecast to reach $474 billion in 2022, up from $408 billion in 2021. Global spending on public cloud services, meanwhile, is expected to rise more than 20 per cent annually to $495bn this year nearly $84bn more than what was spent in 2020 and hit $600bn. While cloud computing was gaining traction prior to COVID-19, Dinsdale said he expects enterprise spending on cloud infrastructure services to race past the $200 billion milestone in 2022. See what's driving the growth: Public Cloud Service: 2020: 2021: 2022: Cloud Business Process Services (BPaaS) 46,131: 50,165: 53,121: Cloud Application Infrastructure Services (PaaS) 46,335: 59,451: The analyst house predicted global public cloud spending will rise 20.4% in 2022 to a total of $494.7 billion, up from $410.9 billion in 2021. The end-user spending on public cloud in India is likely to reach $7.5 billion in 2022 growing 29.3 per cent from 2021, a Gartner report said on Tuesday. In todays increasingly digital world, the way s a business approaches its cloud computing strategy is paramount. 2022 to bring close to $500B in public cloud spending. In 2021, SaaS end-user spending will grow by $19.8bn, creating a $122.6bn market this year. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. In 2023, end-user spending is expected to reach nearly $600 billion. Gartner is predicting the worldwide public cloud services market will grow from Dan Robinson Wed 20 Apr 2022 // 11:45 UTC. The IDC Worldwide Semiannual Public Cloud Services Tracker estimates worldwide public cloud services market, including Infrastructure as a Service (IaaS), System Infrastructure Software as a Service (SISaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), at US$312 billion, up 24.1% from 2020.. In 2023, end-user spending is expected to reach nearly $600 billion. Cloud is the powerhouse that drives todays digital organizations, said Sid Nag, [] According to Sid Nag, research vice president at Gartner, But as a post-pandemic world begins to take shape, new trends in cloud usage are beginning to take shape. Register today! Global end-user spending on public cloud services is forecast to grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020 says, Gartner. Public Cloud Services spending in Europe will total $113 billion in 2022 and double to $239 billion by 2026, according to the Worldwide Public Cloud Services Spending Guide released by IDC. In 2023, end-user spending is expected to reach nearly $600 billion. This would represent a 31.8% growth compared to 2021s $14.2 billion Global end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. Public Cloud Spending to Near $500B in 2022. The worldwide public cloud computing market continues to grow and is expected to reach an estimated 495 According to the analyst firm, public cloud will account for more than half of global enterprise IT spending by 2025. According to the latest update of the IDC Worldwide Public Cloud Services Spending Guide, enterprises are now implementing a mechanism to shift to cloud-centric infrastructure and applications, leading to year-on-year expected growth of 28.8 per cent in 2021 for public cloud services and estimated to reach USD124 billion by 2025 for the region. March 21, 2022. Public cloud service and infrastructure markets hit $126 billion for the first quarter of 2022, growing 26% year over year. In 2023, end-user spending is expected to reach nearly $600 billion. For the year 2022, IDC predicts that cloud infrastructure spending will increase by 22% compared to 2021 and will reach $90.2 billion. The following graphic compares the growth rates of public cloud services between 2020 and 2021. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in Manufacturing ($19.7 billion), professional services ($18.1 billion), and banking ($16.7 billion) are the leading industry verticals in terms of In contrast, investments in non-cloud infrastructure increased by just 1.5 percent year-on-year during 4Q21 to $17.2 billion. The analyst house predicted global public cloud spending will rise 20.4% in 2022 to a total of $494.7 billion, up from $410.9 billion in 2021. The average Spend per Employee in the Public Cloud market is projected to reach US$1,199.00 in 2022. Worldwide end-user spending on public cloud services is forecast to grow 20.4 percent year-over-year in 2022 to $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from market-research firm Gartner, Inc. The pandemic was a tipping point for Indian businesses to realize the true [] The end-user spending on public cloud in India is likely to reach $7.5 billion in 2022 growing 29.3 per cent from 2021, a Gartner report said on Tuesday. The actual spending on the public cloud, on average, was 13% higher as compared to the budgeted costs. Spending continued to consolidate in March 21, 2022. What this means in terms of a dollar amount is that $917 billion of the predicted $1.8 trillion of enterprise IT spending in 2025 will go on public cloud solutions. Global end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021. Read the blog for additional takeaways from the latest Synergy Research Group report. Gartner has forecasted that global public cloud end-user spending will grow 20.4% to total $494.7 billion in 2022 Spending on SaaS cloud services is predicted to reach $122.6B this year, growing to $145.3B next year, attaining 19.3% growth between 2021 and 2022. Thats more than a 20% increase from 2021, where spending totaled almost $411 billion. Specifically, Gartner predicts spending on public cloud services will increase by 21.7 percent in 2022; by 2026, it will account for more than 45 percent of all IT spending. The fact that emerging technologies, such as edge computing and virtualization, enter the mainstream is an additional and One key prediction from this IDC report is that the strong demand for shared (public) cloud infrastructure will see the level of spending here overtake spending on non-cloud infrastructure Garter predicts worldwide end-user spending on public cloud services will jump from $242.6B in 2019 to $692.1B in 2025, attaining a 16.1% Compound Annual Spending in Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS) will represent the biggest fraction of that revenue. Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) spending saw the biggest growth, reaching 36% Software as a service (SaaS) remains the dominant market segment in 2020, making up 36% of all public cloud services revenue. This is according to the latest forecast from Gartner, Inc, which further forecast that in 2023, end-user spending is expected to reach nearly $600 billion. Worldwide public cloud end-user spending is expected to reach $332.3 billion in 2021 and over $397,4 billion in 2022. The events of last year allowed CIOs to overcome any reluctance of moving mission critical workloads from on-premises to the cloud, said Sid Nag, research vice president [] Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. Public cloud spending is on the rise as service and infrastructure markets hit $126 billion for the first quarter of 2022. Spending on Infrastructure-as-a-Service (IaaS) is predicted to increase from $30.5B in 2018 to $38.9B in 2019, growing 27.5% in a year. Getty Images. End-user spending on public cloud services in India is forecast to total $7.3 billion in 2022, an increase of 29.6% from 2021, according to a recent forecast by Gartner. Software-as-a-service (SaaS) remains the largest public cloud services market segment and is expected to reach $176.6 billion in end-user spending in 2022. The surge of public cloud services will continue in 2022, and nearly capture $495 billion in Cloud system infrastructure services (IaaS) is forecast to record the highest growth this year (39.4 per cent), followed by cloud application infrastructure services (PaaS). Cloud is an essential component of infrastructure modernization for retailers to become resilient and remain competitive. Get in touch with us now. Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. Look for end-user spending growth on infrastructure as a service (IaaS) this year to be Global spending on public cloud services will come close to $500 billion this year, according to research firm Gartner. These and many other insights are from Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 23% in 2021. Considering the previous year-to-year growth and that statistic, this sector registered an impressive 21% growth.
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