CLOUD COMPUTING GROWTH
Total Size of Cloud Computing Industry to be $150 Billion in 2014 as compared to $46 Billion in 2008.
The current spending for global public IT services By 2012, was more than $40 billion. but with a CAGR (compound annual growth rate) of 26.4 percent for the period of 2012-2016, It is expected to reach THE $100 billion milestone in 2016
By 2014, IT organizations in 30% of Global 1000 companies will broker (aggregate, integrate and customize) two or more cloud services for internal or external users, up from 5% today.
By 2014, 60% of server workload will be virtualized.
Of all the Cloud Computing revenues, As of 2013 nearly 50% will come from the US alone.
As of 2013 nearly 40% of the CRM systems sold globally are cloud based.
The overall Cloud Computing growth rate is 5 times more than the overall IT growth rate globally
Cloud segments Growth Rates
Cloud Infrastructure (Hardware)
Cloud Computing has a CAGR of 43 2%(2001-2016)
Cloud Storage has a CAGR of 36.69 %(2001-2016)
IaaS has an overall CAGR of 41.7 %(2001-2016)
Saas has an overall CAGR of 17.4 %(2012-2016)
Saas Office Suites have a CAGR of 41 7% (2012-2016)
Saas based Digital Content Creation has a CAGR of 32 2% (2012-2016)
Predicted Market Shares Current Market Size(2012) Predicted Market Size(2016/2017)
Public Cloud Storage S5.6 Billion $12.2 Billion (2016)
Private Cloud IT Infrastructure $12.2 Billi0n $22.2 Billion (2017)
Public Cloud IT Infrastructure $9.2 Billion $21.2 Billion (2017)
Enterprise Cloud Based Services $18.3 Billion $31.9 Billion (2017)
Public Cloud IT Services $41 Billion $100 Billion (2016)
SaaS Application/Services $27 Billion $67 Billion (2016)
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