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Broadband

Public cloud revenue to grow 21.4% in 2018

Friday 13 April 2018 | 16:11 CET | News
The worldwide public cloud services market is projected to grow 21.4 percent year-on-year in 2018 to total USD 186.4 billion, according to Gartner. The fastest-growing segment of the market is cloud system infrastructure services (infrastructure as a service or IaaS), which is forecast to grow 35.9 percent in 2018 to reach USD 40.8 billion. Researchers expect the top 10 providers to account for nearly 70 percent of the IaaS market by 2021, up from 50 percent in 2016.

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Categories: Fixed
Countries: World
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