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.
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