Gartner Research

Forecast: Public Cloud Services, Worldwide, 2017-2023, 2Q19 Update

Published: 29 August 2019

ID: G00377253

Analyst(s): Fabrizio Biscotti , Ed Anderson , Gregor Petri , Sid Nag , John Kostoulas , Vanitha Dsilva , Craig Roth , Colleen Graham , Ruggero Contu , Laurie Wurster , Alys Woodward , Yanna Dharmasthira , Julian Poulter , Cathy Tornbohm , Mike Dorosh , Balaji Abbabatulla , David Ackerman , Jim Hare , Chris Pang , Bindi Bhullar , Dean Blackmore , Terilyn Palanca , Neha Gupta , TJ Singh


The worldwide public cloud services market will reach over $221 billion in 2019, growing 16.0% over 2018 in U.S. dollars (17.8% in constant currency). With software-as-a-service comprising over 40% of revenue, the total market will reach just under $400 billion in 2023.

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