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Cloud services market up 32% to USD 250 bln in 2018

Tuesday 8 January 2019 | 10:38 CET | News
Spend across seven key cloud services and infrastructure market segments, operator and vendor revenues passed the USD 250 billion milestone in 2018, up 32 percent from 2017, according to new data from Synergy Research. IaaS and PaaS services had the highest growth rate at 50 percent, followed by hybrid cloud management software at 41 percent, enterprise SaaS and public cloud infrastructure both at 30 percent and hosted private cloud infrastructure services at 29 percent. The report said spend on cloud services first overtook spend on hardware and software used to build public and private

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Categories: Fixed / Internet
Companies: Amazon / Cisco / Dell EMC / HPE / Microsoft / Salesforce / VMware
Countries: World
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