How much is the total value of the public cloud? It is the question that has been posed to IDC and Gartner several times. Both the research firms concordant in outlining a market in an excellent state of health and with double-digit growth.
The cloud market that is now commonly divided into IaaS, PaaS and SaaS solutions, and is headed by giants like Amazon (AWS), Google and Microsoft (Azure).
According to Gartner, the value of public cloud services sold in 2016, reached 209.2 billion dollars, while this year will rise by 18% to reach 246.8 billion.
The strongest growth in 2017 will cover the type of IaaS offerings (+36.8% on 2016) for a turnover of 34.6 billion dollars, while the a-Service Software-as- will be worth $46.3 billion, an increase of 20% year over year.
IDC estimates that for 2017 foresees a turnover of 122.5 billion dollars, an increase of 24.5% compared to 2016. The number is so different as explained by the fact that IDC did not take account in its analysis of some elements as Gartner did such as management and security services, advertising services and Cloud Business Process.
Also according to IDC, which goes even further in time than Gartner, 2020 you will see a turnover for public cloud providers amounted to 203.4 billion dollars.
The public cloud continues to grow and its benefits, especially in the highlighted elements such as innovation, savings, agility, and scalability, continue to influence purchases in the IT field and to have an impact on corporate strategies.
If we think that it is impossible to envisage all the ecosystem of Big Data without the cloud, then it is true. In the coming years, big data accomplices of increasingly heavy loads and critical work in analytics, IoT and artificial intelligence. You can expect the importance of public cloud to be more and more important and consequently, a turnover that as pointed out by IDC and Gartner.