Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total $332.3 billion, up from $270 billion in 2020. Two market segments are expected to rebound in 2021. Home. Garter predicts worldwide end-user spending on public cloud services will jump from $242.6B in 2019 to $692.1B in 2025, attaining a 16.1% Compound Annual Growth Rate (CAGR). According to the report, “This Market Guide focuses on the market for services […] Post was not sent - check your email addresses! Table 1. In this market, Leaders show a consistent ability to secure deals with enterprises of different sizes and have a good depth of functionality across all areas of core financial management. Worldwide end-user spending on public cloud services is forecast to grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020, according to Gartner, Inc. “The pandemic validated cloud’s value proposition,” said Sid Nag, research vice president at Gartner. According to Gartner’s forecast, the global spending on public cloud end user spending is well set to exhibit a strong growth of 23.1% during 2021. Password recovery. Gartner, Market Guide for Mobile Threat Defense, Dionisio Zumerle, Rob Smith, 29 March 2021 Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with … The worldwide infrastructure as a service (IaaS) market grew 37.3% in 2019 to total $44.5 billion, up from $32.4 billion in 2018, according to Gartner, Inc. Amazon retained the No. Note: Totals may not add up due to rounding. This is … 2:03 PM: CloudBolt Recognized as a Representative Vendor in the 2021 Gartner Market Guide for Cloud Management ToolingRead more on 'Investegate' Gartner Peer Insights is a free peer review and ratings platform … In the Asia Pacific region, Alibaba’s cloud computing and data intelligence wing have set the company’s market position at the top in Infrastructure as a Service and Infrastructure Utility Services market in 2018 with a 4.7 percent annual market share growth, a Gartner report noted. A recent study by Gartner predicted that across the globe, end-user spending on public cloud services was forecast to grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in … Software Strategies Blog focuses on AI & machine learning’s impact on the future of enterprise software including ERP, CRM, and cybersecurity. Cloud computing is a style of computing in which scalable and elastic IT-enabled capabilities are delivered as a service using internet technologies. Top cloud providers in 2021: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players. Home; AI. All rights reserved. your email. Gartner notes that CIOs face continued pressures to scale infrastructure that supports moving complex workloads to the cloud and the demands of a hybrid workforce. Garter predicts worldwide end-user spending on public cloud services will jump from $242.6B in 2019 to $692.1B in 2025, attaining a … SAN FRANCISCO, May 25, 2021 /PRNewswire/ -- Yotascale, the industry leader in dynamic cloud cost management, today announced that it has been recognized by Gartner … Nag. This means expanded options for I&O leaders with enterprise-level requirements for unified management, including automation, governance, life cycle management and brokering across multicloud environments." They have multiple proofs … In 2021, the leading public cloud platforms will dominate the cloud computing market and expand into many areas of the global economy. Denovo Ventures is listed in the January 2021 Gartner Market Guide for Oracle Cloud Infrastructure Professional and Managed Services which focuses on the market for services on Oracle Cloud Infrastructure (OCI), including consulting, implementation and ongoing management for Oracle and non-Oracle workloads hosted on OCI. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, reaching a compound annual growth rate (CAGR) of 12.6%. “The COVID-19 pandemic forced organizations to quickly focus on three priorities: preserve cash and optimize IT costs, support and secure a remote workforce, and ensure resiliency,” said Mr. In its latest forecast report, Gartner projects total Information Security to reach $2,199 mn (8.8% growth) compared to 2020. By continuing to use this site, or closing this box, you consent to our use of cookies. Worldwide end-user spending on public cloud services is forecast to grow 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020, according to Gartner, Inc. “The pandemic validated cloud’s value proposition,” said Sid Nag, research vice president at Gartner. They have a strong presence in the market and are growing their revenue and market share. Overall, IT spending in India is projected to total $81.9 billion in 2021, an increase of 6% from 2020, according to the latest forecast by Gartner. Gartner IT Infrastructure, Operations & Cloud Strategies Conference. Students … Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 23% in 2021, Gartner Public Cloud Services Market Forecast. Sorry, your blog cannot share posts by email. End-user spending on Database Management Systems is projected to lead all categories of PaaS through 2025, increasing from $31.2B this year to $84.8B in 2025. Verizon’s 2020 Data Breach Investigations Report (DBIR). Spending on SaaS cloud services is predicted to reach $122.6B this year, growing to $145.3B next year, attaining 19.3% growth between 2021 and 2022. I am delighted to share, Dynatrace has been named a Leader for the 11 th consecutive time in the 2021 Gartner Magic Quadrant for Application Performance Monitoring (APM) report. This is a powerful affirmation of our acquisition strategy to be the migration powerhouse for any and all migrations with speed, accuracy and granular control. Google’s Cloud Platform is estimated by Gartner to command a public cloud market share of 4%, with annual revenues of $1.3 billion and growth of 60% in 2018. Gartner published their fourth Magic Quadrant for Digital Experience Platforms in February 2021. Facebook; Twitter ; WhatsApp; SMS; Email; LIVESTREAM. In fact, recent Gartner survey data indicates that almost 70% of organizations using cloud services today plan to increase their cloud spending in the wake of the disruption caused by COVID-19. Share This . Cloud spending will grow across all areas in 2021, Gartner said in its forecast. Complimentary research, insights and webinars are offered to help leaders build resilience on their path to business recovery. Katie Costello It is not focused on the market as it is today. Also, Gartner released its katie.costello@gartner.com, Meghan Rimol … “Cloud adoption therefore becomes a significant means to stay ahead in a post-COVID-19 world focused on agility and digital touchpoints.”. Find the best fit for your organization by comparing feature ratings, customer experience ratings, pros and cons, and reviewer demographics. These and many other insights are from Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 23% in 2021. According to Gartner, the worldwide public cloud services market is about to grow by almost 17 per cent, computing to produce a gross amount of $266.4 billion by 2020. 1 position in the IaaS market in 2019, followed by Microsoft, Alibaba, Google and Tencent. 18. Verizon Mobile Security Index 2018 Report. Cloud security spending beat out Gartner's 2020 estimations of $585 billion, instead reaching $595 billion. Enterprise cloud management leader offers industry’s most simple, flexible, and intelligent solutions for hybrid cloud managementNORTH BETHESDA, Md., May 25, 2021 (GLOBE NEWSWIRE) -- CloudBolt Software, the enterprise cloud management leader, today announced it has been included in the 2021 Gartner Market Guide for Cloud Management Tooling. Gartner Predicts Public Cloud Services Market Will Reach $397.4B by 2022. by Louis Columbus on May 10, 2021 Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total $332.3 billion, up from $270 billion in 2020. Log into your account. Quest, Binary Tree and Quadrotech are all listed as Representative Vendors in the February 2021 Gartner Market Guide for Cloud Office Migrations. Cloud infrastructure as a service (IaaS) is a type of cloud computing service; it parallels the infrastructure and data center initiatives of IT. Boulder, CO – March 23, 2021 – Denovo Ventures, an Oracle Partner with Expertise in Enterprise Resource Planning and Cloud Services, is pleased to announce their inclusion in the January 2021 Gartner Market Guide for Oracle Cloud Infrastructure Professional and Managed Services. Gartner defines “Unified Communications as a Service” (UCaaS) as a cloud-delivered service that provides the below capabilities: Telephony Meetings Messaging Software Apps APIs Communications Adjacent Services Based on this rise, it is expected that the size of the public cloud market will reach a whopping US $332 BN in 2021. 6. News. A Virtual Tour of Washington With Dr. Jill Biden. The Most Innovative Companies of 2021 According to BCG, Gartner Predicts Public Cloud Services Market Will Reach $397.4B by 2022, The Top 20 Cybersecurity Startups To Watch In 2021, Best Cloud Computing Companies To Work For In 2016, Big Data and BI Forecasts and Market Estimates, BMC’s Autonomous Digital Enterporise (ADE), Gartner Hype Cycle For Emerging Technologies, Gartner Top 10 Strategic Technology Trends For 2016, Human Capital Resource Management (HRM) systems, Salesforce Research The State of Analytics 2015, SecurIT: the Zero Trust Summit for CIOs and CISOs, The Best Big Data Companies And CEOs To Work For In 2018, The State (and Future) of Digital Marketplaces. While Gartner reports Google Cloud to occupy just 5.3% of the infrastructure-as-a-service revenues, it is mentioned in a fifth (20%) of all cloud coverage. Gartner Forecasts Worldwide IT Spending to Reach $4 Trillion in 2021 Funding for New Digital Business Initiatives to Come From Outside of IT Worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4% from 2020, according to the latest forecast by Gartner, Inc. Sign in. LIVE: PPL Skycam over Allentown. At Open Cloud Factory we believe this just-release-document is the help you need when selecting the right NAC solution for your organization. Gartner Forgot your password? Gartner's view of the market is focused on transformational technologies or approaches delivering on the future needs of end-users. “The ability to use on-demand, scalable cloud models to achieve cost efficiency and business continuity is providing the impetus for … This year could see the Google overtake Alibaba, with Google CEO Sundar Pichai reporting cloud service revenues on track for $8 billion. Five Warm-up Activities for Group Brainstorming Sessions . Welcome! As a result, cloud infrastructure investment starting with IaaS is projected to see end-user spending increase from $82B this year to $223B in 2025, growing 38.5% this year alone. ©2021 Gartner, Inc. and/or its affiliates. “Investing in cloud became a convenient means to address all three of these needs.”. Last year, spending on network security equipment fell 12.6% and consumer security software dropped 0.3%. The increased use of public cloud services has reinforced cloud adoption to be the ‘new normal,’ now more than ever.”. Gartner observes that growing at the rate of the market actually means growing slowly. Which ERP Systems Are Most Popular With Their Users In 2021? The pandemic created the immediate need for virtual workforces and cloud resources to support them at scale, accelerating public cloud adoption in 2020 with momentum continuing this year. Compare Alibaba Cloud vs Datadeck based on verified reviews from real users in the Analytics and Business Intelligence Platforms market. News Denovo Listed in the 2021 Gartner Market Guide for Oracle Cloud … In the context of this market, cloud compute IaaS is defined as a standardized, highly automated offering, where … The increased consumption of PaaS is driven by the need for remote workers to have access to high performing, content-rich and scalable infrastructure to perform their duties, which largely comes in the form of modernized and cloud-native applications. (Source: BuiltWith) With 34% market share among cloud hosting providers in the top 100k, Amazon owns the bigger piece of the visible internet out of the big three. We are a trusted advisor and an objective resource for more than 14,000 enterprises in more than 100 countries — across all major functions, in every industry and enterprise size. Although software as a service (SaaS) remains the largest market segment and is forecast to grow to $117.7 billion in 2021, application infrastructure services (PaaS) is anticipated to grow by a higher margin at 26.6% (see Table 1). Gartner clients can read more in the report "Forecast: Public Cloud Services, Worldwide, 2018-2024, 3Q20 Update." Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. The proportion of IT spending that is shifting to cloud will accelerate in the aftermath of the COVID-19 crisis, with cloud projected to make up 14.2% of the total global enterprise IT spending market in 2024, up from 9.1% in 2020. (Source: Gartner) According to cloud adoption statistics for 2021, end-user expenditure will grow by $47 billion in 2021. PLEASANTON, Calif. (PRWEB) March 25, 2021 SpearMC, a leading provider of Oracle applications, technology, managed services and training, announced it has been named a Representative Vendor and the only PeopleSoft vendor in the 2021 Gartner Market Guide for Oracle Cloud Infrastructure (OCI) Professional and Managed Services. *SAP remains the only company to be recognized as a 2019 Gartner Peer Insights Customers' Choice for Corporate Learning.**. Worldwide Public Cloud Services End-User Spending Forecast (Millions of U.S. For the third consecutive year, SAP SuccessFactors has been named a Customers' Choice in the 2021 Gartner Peer Insights 'Voice of the Customer': Cloud HCM Suites for 1,000+ Employee Enterprises. Gartner Disclaimer. Dollars), Cloud Application Infrastructure Services (PaaS), Cloud System Infrastructure Services (IaaS). Cloud Computin' – AI and Cloud Computing Insights and Projects. As enterprises increase investments in mobility, collaboration, and other remote working technologies and infrastructure, Gartner expects growth in public cloud to be sustained through 2024. Key insights from Gartner’s latest forecast of public cloud end-user spending include the following: CIOs and the organizations they serve are prioritizing cloud infrastructure investment to better support virtual workforces, supply chains, partners, and service partners. To learn more, visit our Privacy Policy. The rising trend of cloud service providers partnering with telecommunications companies to extend their reach into the edge and support a hybrid workforce may also lead to further market growth. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. That will be an 18% increase from 2020, and several factors have propelled that. The following graphic compares cloud services forecasts and growth rates: Enter your email address to subscribe to this blog and receive notifications of new posts by email. Gartner We use cookies to deliver the best possible experience on our website. To varying degrees, these solutions support a variety of HCM capabilities, including: • HR administrative functions • HR service delivery • Talent management • Workforce management This market focuses solely on vendors that actively sell and develop cloud … Spending on cloud security will reach $30 mn (250.3% growth). A password will be e-mailed to you. In 2021 Gartner projects SaaS will remain the largest cloud market segment by revenues, growing to $117.7 billion by year end. To learn more about how we help decision makers fuel the future of business, visit gartner.com. Gartner Report: 2021 Market Guide for Cloud Management Tooling Per Gartner: "The cloud management tooling market is rapidly evolving. User spending in the public cloud computing market will reach $304 billion by 2021. Learn more about how to lead organizations through the disruption of coronavirus in the Gartner coronavirus resource center, a collection of complimentary Gartner research and webinars to help organizations respond, manage and prepare for the rapid spread and global impact of COVID-19. ", Reset Your Business Strategy Amid COVID-19. Google Cloud comes in at 13% and Microsoft Azure clocks in at just 7%, a share that’s over 4 times smaller than AWS. Gartner analysts will provide additional analysis on cloud strategies and infrastructure and operations trends at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference taking place virtually December 7-10 in the Americas and EMEA. The CIOs I’ve spoken with also focus on getting the most value out of legacy systems by integrating them with cloud infrastructure and apps. Recover your password. “As CIOs think more strategically about how to lay the foundations to support a return to growth, it is clear that the move to digital and associated services will play a big role for organizations in the future,” said Mr.
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