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Forecast: Public Cloud Services, Worldwide, 2014-2020, 4Q16 Update


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Summary

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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