https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • Complete 2023 MSP 501 Rankings
    • 2023 MSP 501 50-1
    • 2023 MSP 501 100-51
    • 2023 MSP 501 150-101
    • 2023 MSP 501 200-151
    • 2023 MSP 501 250-201
    • 2023 MSP 501 300-251
    • 2023 MSP 501 350-301
    • 2023 MSP 501 400-351
    • 2023 MSP 501 450-401
    • 2023 MSP 501 501-451
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2023 MSP 501
    • 2023 NextGen 101
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2024 CP Expo Call for Speakers
    • Channel Futures Leadership Summit
    • MSP Summit
    • CP Conference & Expo
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • Complete 2023 MSP 501 Rankings
    • 2023 MSP 501 50-1
    • 2023 MSP 501 100-51
    • 2023 MSP 501 150-101
    • 2023 MSP 501 200-151
    • 2023 MSP 501 250-201
    • 2023 MSP 501 300-251
    • 2023 MSP 501 350-301
    • 2023 MSP 501 400-351
    • 2023 MSP 501 450-401
    • 2023 MSP 501 501-451
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2023 MSP 501
    • 2023 NextGen 101
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2024 CP Expo Call for Speakers
    • Channel Futures Leadership Summit
    • MSP Summit
    • CP Conference & Expo
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Cloud


Expect public cloud services spending to reach 141 billion by 2019 according to a report from International Data Corp IDC

What’s Next for the Cloud Computing Market?

  • Written by Dan Kobialka 1
  • March 31, 2016
Expect public cloud services spending to reach $141 billion by 2019, according to a report from International Data Corp (IDC). Here are the details.

Expect public cloud services spending to reach $141 billion by 2019, according to a report from International Data Corp (IDC). 

The global market intelligence firm’s “Worldwide Semiannual Public Cloud Services Spending Guide” indicated public cloud services spending will expand at a 19.4 percent compound annual growth rate (CAGR) — almost six times the rate of overall IT spending growth.

Other IDC findings included:

  • Software-as-a-service (SaaS) will remain the dominant cloud computing type, capturing more than two thirds of all public cloud spending through 2019.
  • Worldwide spending on infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) will grow at a faster rate than SaaS with five-year CAGRs of 27 percent and 30.6 percent, respectively.
  • Large and very large companies will be the primary drivers of worldwide public cloud services with spending of more than $80 billion in 2019.
  • Small and medium-sized businesses (SMBs) are expected to contribute more than 40 percent of the worldwide public cloud services spending total.

Eileen Smith, IDC’s program director of customer insights and analysis, noted cloud services appear to be approaching the “innovation stage” as well. 

“Cloud services will remain the essential foundation of the IT industry’s 3rd Platform of innovation and growth,” she said in a prepared statement. “There will be an explosion of new solutions and value creation on top of the cloud.”

Smith also pointed out that industry-specific applications could play important roles in the cloud computing market going forward.

“With the huge increase in the number and diversity of services available in the market, organizations across the industries will shift steadily toward cloud-first strategies to enable digital transformation,” she said.

What are your thoughts on the IDC report? Share your thoughts about this story in the Comments section below, via Twitter @dkobialka or email me at [email protected].

Tags: Agents Cloud Service Providers MSPs VARs/SIs Channel Research Cloud

Most Recent


  • Boomi GPT debuts
    Boomi GPT First Offering in Company's New AI Suite
    Boomi announced its AI suite this past summer.
  • Schneider Electric among Canalys sustainability champions
    Canalys Names HP, Lenovo, Schneider Electric as Sustainability Champions
    The leadership matrix also lists contenders, scalers and foundation vendors.
  • IronNet shuts down
    Liquidity Issues Force IronNet to Shut Down, Terminate All Workers
    IronNet struggled to scale its business.
  • Cloud MSP 2nd Watch Is No More: Consultancy Rollup Leads to Ollion
    Four cloud-native companies have joined forces to challenge the professional services market.

One comment

  1. Avatar ellise July 1, 2016 @ 9:27 am
    Reply

    Thank you ever so for you
    Thank you ever so for you article.Really looking forward to read more. Keep writing.you have facebook http://www.192-168-1-1.co

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Drive revenue
    Proofpoint Protect: Rising Vendor, Partner Revenues Amid COVID-19
  • Growth plan
    N-able Empower Day 1: How to Grow Your Business
  • Cloud Computing diagram for Microsoft gallery
    Avaya Cloud Office by RingCentral Adds Capabilities for Global Businesses
  • Call Center Contact Center
    Avant Analytics: Expect Big CCaaS Adoption, Fueled by AI, Through 2021

Upcoming Events

View all

Channel Futures Leadership Summit

October 30, 2023 - November 2, 2023

Channel Partners Conference & Expo

March 11, 2024 - March 14, 2024

Channel Futures Leadership Summit 2024

September 17, 2024 - September 19, 2024

Galleries

View all

Channel People on the Move: HP, 8×8, Five9, Nitel, RapidScale, More

October 3, 2023

7 Trends Impacting Ingram Micro Partners: Marriage of AI, Data Looms Large

October 2, 2023

Nutanix Partner Program Sees More Changes, Vendor Touts ‘Channel-Led’

October 2, 2023

Industry Perspectives

View all

Partners Balance Multicloud Opportunity, Complexity

September 25, 2023

Why Conversational AI Matters for Your Customers and How It Can Boost Your Revenue

September 15, 2023

The 5 Ds that Lead to Unplanned Business Sales

September 13, 2023

Webinars

View all

MSP 501: Leadership in Cybersecurity

October 19, 2023

DE&I: Find the Balance that Works for You

September 7, 2023

Above and Beyond with the NextGen 101ers

August 30, 2023

White Papers

View all

6 UCaaS Reseller Challenges and How Real World Businesses Solved Them

February 1, 2023

Frost Radar: North American UCaaS Market, 2022

February 1, 2023

The Complete Guide to White-Label UCaaS for Reseller Success

February 1, 2023

Channel Futures TV

View all

Coffee with Craig and James Episode 129: ZLH Enterprises

Coffee with Craig and James Episode 128: Channel Partner Strategies Intelligence Service

August 25, 2023

Coffee with Craig and James Episode 127: Expereo, Movie Night Returns

August 18, 2023

Coffee with Craig and James Episode 126: ARG

July 28, 2023

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X