0
Broadband

Public cloud services spending to reach USD 123 bln in 2017

Tuesday 21 February 2017 | 16:11 CET | News
Worldwide spending on public cloud services and infrastructure is forecast to go up by 24.4 percent to USD 122.5 billion in 2017, according to a research by IDC. Over the 2015-2020 forecast period, overall public cloud spending will see a 21.5 percent CAGR, that's nearly seven times the rate of overall IT spending growth. By 2020, public cloud spending is forecast to reach USD 203.4 billion worldwide. SaaS will remain the dominant cloud computing type, capturing nearly two thirds of all public cloud spending in 2017 and roughly 60 percent in 2020.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Public cloud spending up 25% in CEE in 2017

Published 13 Mar 2017 11:57 CET | Eastern Europe
Spending on public cloud services and infrastructure in Central and Eastern Europe (CEE) grew 24.6 percent year-on-year to USD ...

Orange Business Services launches public cloud services

Published 21 Feb 2017 09:06 CET | World
Orange Business Services is accelerating its international cloud strategy with a new global public cloud offering that includes ...

MENA public cloud services to grow 22% in 2017

Published 07 Feb 2017 16:07 CET | Africa
The public cloud services market in the in Middle East and North Africa (MENA) region is projected to grow 22.2 percent in 2017 ...

South Korean cloud computing market jumps 55% in 2016

Published 12 Jan 2017 07:45 CET | Korea, Republic of
South Korea's cloud computing market grew 55.2 percent year-on-year in 2016. The local cloud computing market generated revenues ...

Nuage Networks wins China Mobile cloud platform contract

Published 10 Jan 2017 11:46 CET | China
Nuage Networks, a Nokia venture specialising in software-defined networking (SDN), said that China Mobile (CMCC) has selected its ...

Luxembourg adopts cloud strategy for public administration

Published 23 Dec 2016 10:34 CET | Luxembourg
The government of Luxembourg has announced a strategic plan to adopt cloud technologies for its public administration, ...





Calendar   /   Industry Events

01 Mar Zoom Video Communications Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Ooma Q4
01 Mar Inseego Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar HPE fiscal Q1
02 Mar FuboTV Q4 2020
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
03 Mar Marvell Technology fiscal Q4
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Inwit Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items