#Gartner: Hyperscale #IaaS Cloud ‘Market Dominance’ Climbs [...]


#Gartner: Hyperscale #IaaS Cloud ‘Market Dominance’ Climbs Above 70 Percent in 2018


📅 - The worldwide public cloud services market is projected to grow 21.4 percent in 2018 to total $186.4 billion, up from $153.5 billion in 2017, according to Gartner (gartner.com). The fastest-growing segment of the market is Cloud Infrastructure-as-a-Service (IaaS), which is forecast to grow 35.9 percent in 2018 to reach $40.8 billion.

Gartner expects the top 10 providers (hyperscalers (enterprisetech.com)) to account for nearly 70 percent of the IaaS market by 2021, up from 50 percent in 2016.

"The increasing dominance of the hyperscale IaaS providers creates both enormous opportunities and challenges for end users and other market participants," said Sid Nag, research director at [...][... Check source for end of article ...]
Tags: IaaS Hosting News cloud gartner Iaas Research SaaS Sid Nag

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