Published: 05 January 2017
Analyst(s): Bhavish Sood, Ruggero Contu , Sid Nag , Gianluca Tramacere, Chad Eschinger , Gregor Petri , JP Corriveau, Nigel Montgomery, Jim Hare , Cathy Tornbohm , Laurie Wurster , Alys Woodward , Fred Ng, TJ Singh , Yanna Dharmasthira, Bianca Granetto, Michael Dominy , Hai Swinehart , Chris Pang , Rajesh Kandaswamy , Terilyn Palanca , Lai-ling Lam , Robert Anderson , Fabrizio Biscotti , Dean Blackmore
Gartner predicts spending in public cloud services will reach $246.8 billion in 2017, an 18.0% increase in U.S. dollars (18.5% in constant currency). Growth rates are expected to decline slightly through 2020, when spending is forecast to reach $383.4 billion, with a five-year CAGR of 16.5%.
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