Published: 16 April 2019
ID: G00377252
Analyst(s): Laurie Wurster, Vanitha Dsilva, Bindi Bhullar, Ed Anderson, Chris Pang, Terilyn Palanca, Jim Hare, Neha Gupta, Sid Nag, Julian Poulter, Craig Roth, Dean Blackmore, Gregor Petri, Robert Anderson, Colleen Graham, TJ Singh, Mike Dorosh, Ruggero Contu, Balaji Abbabatulla, Yanna Dharmasthira, Alys Woodward, Cathy Tornbohm, David Ackerman, Fabrizio Biscotti, John Kostoulas, Hai Swinehart
The worldwide public cloud services market will reach nearly $212 billion in 2019, growing 16.2% over 2018 in U.S. dollars (17.6% in constant currency). With software-as-a-service comprising over 40% of revenue, the total market will reach $370 billion in 2023.
Overview
Gartner Recommended Reading
©2020 Gartner, Inc. and/or its affiliates.
All rights reserved.
Gartner is a registered trademark of Gartner, Inc. and its affiliates.
This publication may not be reproduced or distributed in any form without Gartner’s prior written permission.
It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact.
While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information.
Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such.
Your access and use of this publication are governed by Gartner’s Usage Policy.
Gartner prides itself on its reputation for independence and objectivity.
Its research is produced independently by its research organization without input or influence from any third party.
For further information, see Guiding Principles on Independence and Objectivity.