Forecast Report

The Public Cloud Market Outlook, 2019 To 2022

Public Cloud Growth Continues To Power Tech Spending

July 2nd, 2019
Andrew Bartels, null
Andrew Bartels
Dave Bartoletti, null
Dave Bartoletti
John Rymer, null
John Rymer
With contributors:
Matthew Guarini , Charlie Dai , Alyssa Danilow

Summary

Public cloud infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) have fundamentally reshaped the way enterprises consume technology — and how they build and operate the software they use to create compelling experiences. We project that revenue from public cloud infrastructure, platforms, and applications will slow to a still healthy CAGR of 21% between 2018 and 2022, reaching $411 billion. Fewer, but larger, public cloud platform providers and a maturing SaaS ecosystem will dominate enterprise cloud spending. CIOs should use this forecast to benchmark the pace and shape of their public cloud strategies.

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