Public Cloud Service Revenue & Forecast Cloud Computing Research fourquadrant.com/go-to-market-cloud-computing-research/ Public Cloud Soaring To $331B By 2022 According To Gartner Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, a 12.6% CAGR. IaaS Spending is predicted to increase from $30.5B in 2018 to $38.9B in 2019, growing 27.5% in a year. PaaS spending is predicted to grow from $15.6B in 2018 to $19B in 2019, growing 21.8% in a year. BI, SCM, Project and Portfolio Management and ERP will see the fastest growth in end-user spending on SaaS applications through 2022. Gartner is predicting the worldwide public cloud services market will grow from $182.4B in 2018 to $214.3B in 2019, a 17.5% jump in just a year. More than 30% of technology providers’ new software investments will shift from cloud-first to cloud-only by the end of 2019 - further reducing license-based software spending and increasing subscription-based cloud revenue. tBI, SCM, Project and Portfolio Management and ERP are expected to see the fastest growth in end-user spending on SaaS applications through 2022. Gartner predicts that end-user spending on BI SaaS applications will grow by 23.3% between 2017 and 2022. Spending on SaaS-based SCM applications will grow by 21.2% between 2017 and 2022. Project and Portfolio Management SaaS-based applications will grow by 20.9% between 2017 and 2022. End-user spending on SaaS ERP systems will grow by 19.2% between 2017 and 2022. ============================== ADDITIONAL GO TO MARKET RESOURCES FROM FOUR QUADRANT Cloud Computing Research fourquadrant.com/go-to-market-cloud-computing-research/   SaaS Distribution Models fourquadrant.com/b2b-saas-distribution-models/   B2B SaaS Metrics fourquadrant.com/go-to-market-planning-templates/b2b-saas-metrics/   Tech Trends for Marketer’s fourquadrant.com/tech-trends-for-b2b-marketers/   IT Spending Research fourquadrant.com/go-to-market-it-spending-research/  

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Public Cloud Service Revenue & Forecast

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Public Cloud Service Revenue & Forecast
Gartner Predictions for Public Cloud Service Market
Source: Gartner
§ Gartner predicts the worldwide public cloud service market will
grow from $182.4B in 2018 to $331.2B in 2022, attaining a
compound annual growth rate (CAGR) of 12.6%.
§ Spending on Infrastructure-as-a-Service (IaaS) is predicted to
increase from $30.5B in 2018 to $38.9B in 2019, growing 27.5%
in a year.
§ Platform-as-a-Service (PaaS) spending is predicted to grow from
$15.6B in 2018 to $19B in 2019, growing 21.8% in a year.
§ Business Intelligence, Supply Chain Management, Project and
Portfolio Management and Enterprise Resource Planning (ERP)
will see the fastest growth in end-user spending on SaaS
applications through 2022.

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Public Cloud Service Revenue & Forecast
WW Public Cloud Service Revenue Forecast
Source: Gartner

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Public Cloud Service Revenue & Forecast
WW Public Cloud Service Revenue Forecast By Segment
Source: MMC Ventures

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Public Cloud Service Revenue & Forecast
CAGRs for WW Public Cloud Service Market
Source: Gartner

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Tech Trends for Marketer’s
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IT Spending Research
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