Gartner Says Worldwide IaaS Public Cloud Services Market Grew 29.5% In 2017
Analysts to explore latest cloud trends at the Gartner IT Infrastructure, Operations & Cloud Strategies Conferences in London and Las Vegas.
The worldwide infrastructure as a service (IaaS) market grew 29.5% in 2017 to total $23.5 billion, up from $18.2 billion in 2016, according to Gartner, Inc. Amazon was the No. 1 vendor in the IaaS market in 2017, followed by Microsoft, Alibaba, Google, and IBM.
"The top four providers have strong IaaS offerings and saw healthy growth as IaaS adoption is being fully embraced by mainstream organizations and as cloud availability expands into new regions and countries," said Sid Nag, research director at Gartner. "Cloud-directed IT spending now constitutes more than 20% of the total IT budget for organizations using cloud. Many of these organizations are now using cloud to support production environments and business-critical operations."