Consumer cloud to continue soaring says Gartner
Posted on 3/5/2013 by Sean
The public cloud market is set to reach $677 billion (£449.4
billion) over the next three years, says an industry analyst.
Technology research firm, Gartner, has said that it predicts the
market to grow 18 per cent in in 2013, raking in $131 billion.
Public cloud trends, such as hosted desktop services, are
increasingly dictating private enterprise habits so CIOs will be
watching closely as cloud services continue to evolve and grow.
In 2012, advertising made up 48 per cent of all cloud revenue
said the cloud watchers. Cloud business process services (BPSaaS)
commanded the second biggest share of the market, accounting for 28
per cent. Software as a Service (SaaS) made up 14.7 per cent while
Infrastructure as a Service (IaaS) accounted for 5.5 per cent.
Security and Platform as a Service (PaaS) made up the loose
IaaS was the fastest growing segment of the market, growing 42
per cent in 2012, reported cloudpro.co.uk
Cloudtweaks.com said that the US market was on a
different level to the rest of the world accounting for 59 per cent
of all public cloud revenue. Although Europe and emerging markets
are quickly mobilising to compete in the cloud, the report
predicted that the US will continue to have the edge through to