Gartner: Public cloud market to grow 18.5% this year

The global public cloud computing market will grow 18.5% in 2013 to $131 billion

The global public cloud computing market will grow 18.5% in 2013 to $131 billion, up from $111 billion last year, research firm Gartner predicts.

Through the next three years, cloud spending is predicted to total $677 billion, with almost half of that spending made up of cloud advertising.

[MORE CLOUD MONEY: Who's making money in the cloud? 

IS THAT REALLY A CLOUD? Forrester says 70% of "private clouds" aren't really clouds]

While North America and Western Europe represent the two largest cloud computing markets, areas such as Asia/Pacific, Latin America and Eastern Europe represent smaller, but faster growing markets for cloud computing services. North America will be responsible for 59% of new cloud computing spending through 2016, with Western Europe accounting for 24%, Gartner says.

The top segments of the cloud computing market this year break down as follows:

  • Cloud advertising: 48%;
  • Business process as a service (BPaaS): 28%;
  • Software as a Service (SaaS): 14.7%;
  • Cloud systems infrastructure (IaaS): 5.5% (and fastest growing);
  • Management, security and automation: 2.8%;
  • Application development/Platform as a Service (PaaS): 1%.

As service offerings from cloud computing providers continues to mature, use cases of the cloud will grow from test and development and use-case driven deployments, to more mainstream adoption, Gartner predicts.

"The continued growth of the cloud services market will result from the adoption of cloud services for production systems and workloads, in addition to the development and testing scenarios that have led as the most prominent use case for public cloud services to date," said Ed Anderson, research director at Gartner. "Evidence of this growth is found in the increasing demand for cloud services from end-user organizations, met by an increased supply of cloud services from suppliers."

Network World staff writer Brandon Butler covers cloud computing and social collaboration. He can be reached at BButler@nww.com and found on Twitter at @BButlerNWW.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Cloudcloud computinginternetGartnerData Centerhardware systemsConfiguration / maintenanceBP

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Brandon Butler

Network World
Show Comments

Father’s Day Gift Guide

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?