Gartner Forecasts Worldwide Public Cloud Revenue to Grow 17.3% In 2019
Integrated IaaS and PaaS Offerings to drive next wave of cloud infrastructure adoption.
The worldwide public cloud services market is projected to grow 17.3% in 2019 to total $206.2 billion, up from $175.8 billion in 2018, according to Gartner, Inc. In 2018, Gartner forecasts that the market will grow 21%, up from $145.3 billion in 2017.
The fastest-growing segment of the market is cloud system infrastructure services (infrastructure as a service or IaaS), which is forecast to grow 27.6% in 2019 to reach $39.5 billion, up from $31 billion in 2018 (Table 1).