Global Public Cloud Computing Market Moving Beyond Cloud | An Aranca Infographic
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The global public cloud computing market is projected to grow to USD 210 billion by 2016, driven by increased IT spending and the migration of legacy systems to on-demand solutions. Infrastructure-as-a-Service (IaaS) is expected to experience the fastest growth at a CAGR of 38.7% from 2013 to 2016, with strong demand for cloud services particularly in the Asia-Pacific region. The shift from private to public cloud services is gaining traction, enhanced by the benefits of economies of scale and innovation offered by public cloud providers.
Global Public Cloud Computing Market Moving Beyond Cloud | An Aranca Infographic
- 1. Global Public Cloud Computing Market Moving Beyond the Clouds The global public cloud computing market is on a steady growth path and is expected to reach a total market value of USD210 billion by 2016. Infrastructure-as-a-Service (with a CAGR of 38.7% during 2013 –16) would outperform other cloud computing segments. Public Cloud Computing Market (in USD Billion) 31 29 20 35 2 110 93 CAGR: 18.7% CAGR: 17.0% Increased IT spending would be the key driver. Enterprises would migrate their legacy systems to on-demand solutions to meet major business challenges. Growing demand for mobility solutions is expected to add to the upside. During the past five years, Oce Suits, Database Management Systems, Compute, IT Operations Management, and Business Intelligence were the fastest growing sub-segments in the public cloud computing space. Aranca’s Views Demand for cloud computing services is increasing due to growing enterprise focus on integrating legacy systems (Enterprise Resource Planning and Customer Relationship Management) with cloud platforms. Rising popularity of mobile, social, and big data is adding to the demand, with enterprises actively seeking on-demand data related to suppliers and customers. Infrastructure-as-a-Service (IaaS) will continue to see fast adoption amid declining prices and new competitive oerings. Asia-Pacific would outperform other markets, with companies realizing the benefits of cloud computing and allocating more resources. Virtual Private Cloud (VPC) oerings are expected to witness momentum as companies shift from private to public cloud services. This is largely because public cloud computing companies provide economies of scale and a faster pace of innovation, along with privacy and control features associated with private cloud, to ensure smooth transition for legacy enterprises. Compiled by: Raghav Soni ©2014 Aranca. All Rights Reserved. www.aranca.com If you wish to reproduce or use this infographic in any format, please email us at syndicate@aranca.com Cloud Management and Security Services Cloud Application Infrastructure Services (PaaS) Cloud System Infrastructure Services Cloud Application Services (SaaS) Cloud Business process Services (BPaaS) Cloud Advertising Segment CAGR Growth in %: 2013–16 38.7 18.2 15.9 11.1 10.1 26.0 Cloud Management and Security Services Cloud Application Infrastructure Services (PaaS) Cloud Application Services (SaaS) Cloud System Infrastructure Services (IaaS) Cloud Advertising Cloud Business process Services (BPaaS) Source: Gartner forecast for public cloud computing 5 2015 F 43 13 4 2 2011 53 16 6 2 2012 61 9 3 2013 39 24 13 71 43 28 18 83 48 33 24 6 2016 F 95 2014 E 4 2 3 3 4 6 2011 - 13 2014 - 16 131 155 182 210