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Public Cloud Market Will Grow To $236 Billion In 2020
September 1, 2016

Forrester’s latest forecast of the public cloud market shows it will grow rapidly to $236 billion in 2020, up 23% from 2014. This growth will be driven by a stronger market for cloud applications like software-as-a-service (SaaS) and an increased demand for cloud platforms like infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS).

The increased size of the 2020 public cloud market reflects faster-than-expected growth, especially for cloud platform revenues, whose 2020 total of $64 billion will be 45% higher than Forrester projected two years ago. The much larger cloud application market will also grow faster, with the 2020 total of $155 billion being 17% higher than our 2014 projection.

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Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We work with business and technology leaders to develop customer-obsessed strategies that drive growth. Forrester’s unique insights are grounded in annual surveys of more than 500,000 consumers and business leaders worldwide, rigorous and objective methodologies, and the shared wisdom of our most innovative clients. Through proprietary research, data, custom consulting, exclusive executive peer groups, and events, the Forrester experience is about a singular and powerful purpose: to challenge the thinking of our clients to help them lead change in their organizations.


Jenna Vassallo
Marketing Manager
Forrester Research, Inc.

Tel. 617-613-5746



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