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Forecast Analysis: Public Cloud Services, Worldwide, 1Q16 Update


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Summary

Gartner predicts a 16.0% growth in public cloud services in 2016 with a revenue of $204 billion in 2016. This growth will peak in 2017 to 17.5% and will plateau or slightly decrease through 2020 to a growth of 14.7%, although actual spend will continue to increase through 2020 with a 15.8% CAGR.

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