Published: 25 June 2014
Analyst(s): Ruggero Contu , Alan Dayley , Andrew Frank , Venecia Liu , Douglas Toombs , Tom Eid, Dan Sommer, Yanna Dharmasthira, Lai-ling Lam , Chad Eschinger , Susan Cournoyer , Laurie Wurster , Joanne M. Correia, Rajesh Kandaswamy , Fabrizio Biscotti , Dean Blackmore , Chris Pang , TJ Singh , Cathy Tornbohm , Jeffrey Roster, Bianca Granetto , Gregor Petri , Morgan Yeates, Hai Swinehart , Ed Anderson , Jie Zhang , Gianluca Tramacere
Growth in the worldwide public cloud services market is forecast to significantly outpace growth in IT spending generally through 2018, causing a shift in spending from traditional IT systems to cloud. The public cloud services market is expected to grow 17.8% in 2014 to $153 billion.
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