Gartner Research

Forecast: Public Cloud Services, Worldwide, 2014-2020, 2Q16 Update

Published: 29 June 2016

ID: G00310051

Analyst(s): Joanne M. Correia, Jim Hare , Chad Eschinger , Ruggero Contu , Laurie Wurster , Robert Anderson , Alys Woodward , Fabrizio Biscotti , Michael Dominy , Gianluca Tramacere, Dean Blackmore , Fred Ng, Bhavish Sood, Tom Eid, Hai Swinehart , Chris Pang , Sid Nag , Terilyn Palanca , Gregor Petri , JP Corriveau, Yanna Dharmasthira, Nigel Montgomery, Cathy Tornbohm , TJ Singh , Lai-ling Lam , Bianca Granetto, Rajesh Kandaswamy

Summary

Gartner predicts a 16.6% growth in public cloud services in 2016 with a revenue of $205.7 billion in 2016. This growth will peak in 2017 to 18% and will plateau or slightly decrease through 2020 to a growth of 14.7%, although actual spend will continue to increase through 2020 with a 16.1% CAGR.

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Overview

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