By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data-driven white label SEO
    Does Data Mining Really Help with White Label SEO?
    7 Min Read
    marketing analytics for hardware vendors
    IT Hardware Startups Turn to Data Analytics for Market Research
    9 Min Read
    big data and digital signage
    The Power of Big Data and Analytics in Digital Signage
    5 Min Read
    data analytics investing
    Data Analytics Boosts ROI of Investment Trusts
    9 Min Read
    football data collection and analytics
    Unleashing Victory: How Data Collection Is Revolutionizing Football Performance Analysis!
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Public cloud to see strong growth in 2017, though projections differ on how much
Share
Notification Show More
Aa
SmartData CollectiveSmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > IT > Cloud Computing > Public cloud to see strong growth in 2017, though projections differ on how much
Cloud Computing

Public cloud to see strong growth in 2017, though projections differ on how much

CIO Dive
Last updated: 2017/10/15 at 8:58 PM
CIO Dive
2 Min Read
Image
SHARE

  • Dive Brief:

    • Both Gartner and International Data Corporation (IDC) project huge increases in the public cloud market, according to new studies released by both firms this week.
    • Gartner predicts the worldwide public cloud services market will grow 18% in 2017 to total $246.8 billion, up from $209.2 billion in 2016.
    • Meanwhile, IDC projects worldwide spending on public cloud services and infrastructure will reach $122.5 billion in 2017, an increase of 24.4% over 2016.

    Dive Insight:

    Figuring in all the various parts of the worldwide public cloud market is difficult, which is likely why the numbers are so different. Gartner held a more modest forecast, though both project double-digit growth in the cloud, continuing a trend from past years.

    Contents
    Dive Brief:Dive Insight:

    The two analyst firms do agree on where the fastest growth will occur: Infrastructure as a Service (IaaS).

    Gartner projects IaaS will grow 36.8% in 2017 to reach $34.6 billion, while IDC predicts it will have a with five-year CAGR of 30.1%. Some of the IaaS demand will be driven by increased use of compute-intensive workloads like artificial intelligence and Internet of Things.

    Though a hybrid approach to cloud is growing in popularity, public cloud remains the most popular cloud category today because it’s an easy and often affordable way for enterprises to dive into the cloud. VMware recently predicted public cloud will represent 50% of all workloads by 2030.

    More Read

    iot and cloud technology

    IoT And Cloud Integration is the Future!

    Cloud Technology Revolutionizes Network-As-A-Service
    Cloud Technology Powers Research on PSA Software
    eCommerce Brands Use Big Data for Logistics and Fulfillment Warehouses Protection
    Should Cloud-Based Businesses Use RDPs or VPNs for Remote Access?

    This post originally appeared on our sister publication, CIO Dive. Our mission is to provide busy professionals like you with a bird’s-eye-view of the Information Technology industry in 60 seconds.

CIO Dive February 24, 2017
Share This Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

iot and cloud technology
IoT And Cloud Integration is the Future!
Internet of Things
ai in marketing
4 Ways AI Can Improve Your Marketing Strategy
Artificial Intelligence
data security unveiled
Data Security Unveiled: Protecting Your Information in a Connected World
Security
it management for data-driven businesses
7 Major IT Infrastructure Challenges for Data-Driven Companies
IT

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

iot and cloud technology
Internet of Things

IoT And Cloud Integration is the Future!

6 Min Read
cloud-based network-as-a-service
Cloud ComputingExclusiveIT

Cloud Technology Revolutionizes Network-As-A-Service

5 Min Read
cloud technology and psa software
Cloud Computing

Cloud Technology Powers Research on PSA Software

6 Min Read
big data and e-commerce fulfillment
Big Data

eCommerce Brands Use Big Data for Logistics and Fulfillment Warehouses Protection

10 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?