Published: 14 October 2016
Analyst(s): Lai-ling Lam , Gregor Petri , Dean Blackmore , Bhavish Sood, Nigel Montgomery , Laurie Wurster , Cathy Tornbohm , Bianca Granetto , Michael Dominy , Sid Nag , Yanna Dharmasthira, Robert Anderson , Rajesh Kandaswamy , JP Corriveau , Alys Woodward , Chad Eschinger , Gianluca Tramacere, Ruggero Contu , Hai Swinehart , Jim Hare , TJ Singh , Chris Pang , Fabrizio Biscotti , Fred Ng
Gartner predicts 17.0% growth in public cloud services in 2016 with revenue of $208.4 billion. This growth will peak in 2017 at 18.1% and then slightly decrease through 2020 to 15.1% in 2020. Actual spend will continue to grow through 2020 with a 16.4% CAGR.
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