Forrester Data: Public Cloud Services Forecast, 2016 To 2020 (Global)

Forrester believes public cloud services are the biggest disruption in the tech market in the past 15 years. We expect the global public cloud services market to grow at a compound annual growth rate (CAGR) of 22% over the 2015-to-2020 period. This forecast adds regional and industry granularity to the global public cloud forecast published on September 1, 2016. It breaks out global growth by region (US, Canada, Europe, Asia Pacific, Latin America, and rest of world) and by 20 industry segments (chemicals; construction and engineering; consumer products; education and social services; financial services; government; healthcare; high-tech products; industrial products; insurance; media, entertainment, and leisure; oil and gas; pharmaceuticals and medical equipment; primary production; professional services; retail; telecommunications; transportation; utilities; and wholesale). We examine growth in three categories: cloud platforms (infrastructure-as-a-service [IaaS] and platform-as-a-service [PaaS]); cloud business services; and applications (software-as-a-service [SaaS]).