(Source: Gartner) … Organizations with more than 1000 employees are mainly looking for flexibility and reduced costs of operation, while smaller companies want to ensure their business continuity. The second-largest market segment is cloud system infrastructure services, or infrastructure as a service (IaaS), which will reach $50 billion in 2020. We have now covered the essential aspects of cloud computing technology — how it came to be and what the near future holds. Cloud computing initially emerged in the United States. Katie Costello How public sector agencies can get started with cloud adoption. Delivering services efficiently and achieving cost savings are the top two drivers of cloud adoption in government. If that sounds excessive, then you need to consider the many, that have given rise to a multitude of different services. Opportunity for partners to educate their customers on trends driving cloud adoption, reasons for it and how to get all C-Suite players on board to improve ways of business, has never been greater. On top of that, you have to take great care of keeping your operations safe and secure. Cloud-based services are everywhere already. Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory company and a member of the S&P 500. Especially as organizations are progressively adopting a no-office type of operation, connecting employees and sharing information through a secured network is a must-have solution. Whether they are employing a mix of on-premise and third-party public service (hybrid) or a combination of different public providers (multi), most companies recognize the value of diversifying their operations. The Gartner 4Q19 security spend forecast predicts spending on Cloud Access Security Broker (CASB) solutions will grow 45.3% in 2020, 40.7% in 2021, 36.7% in 2022 and 33.2% in 2023, outpacing … Enterprise investments in IT infrastructure will undoubtedly help the sector to grow exponentially. They’re just a taste of what’s to come. Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. In comparison, the hybrid cloud strategy is still below 60%. Looking at the cloud storage statistics, Dropbox is losing part of its user base in favor of Google Drive and even Box.com, which focus mainly on enterprise solutions. Gartner has today released its forecast for the worldwide public cloud services market which is set to grow 17% in 2020 to total $266.4 billion, up from $227.billion in 2019. Apart from the need for speed (wink, wink), the numbers are not spread evenly across the board when we take company size into account. In fact, by 2022, cloud adoption for all other countries will lag behind the U.S. by one to seven or more years. , the adoption of Platform-as-a-service (PaaS) back in 2017 was only 32%. This again confirms that companies are progressively moving away from on-premise infrastructure and shifting their operations to third-party servers. Businesses will progressively look to move from private to public and. The truth is that the biggest cloud computing market share in 2020 is actually for a category named ‘other’. By continuing to use this site, or closing this box, you consent to our use of cookies. Currently, there are over 13,000,000 servers scattered across the world, and Amazon AWS accounts for almost half of them. “Cloud-native capabilities, application services, multicloud and hybrid cloud comprise a diverse cloud ecosystem that will be important differentiators for technology product managers. Digital Natives. Looking down the list of jobs, you can see the wealth of opportunities those specific skills unlock. A large number of enterprises (84%) are worried about managing their IT spending as well, due to the complexity and scale of their operations. Should predictions turn out to be correct, the spending on IT infrastructure will reach $55.7 billion by 2022. Required fields are marked *. In comparison, the hybrid cloud strategy is still below 60%. Adoption of next-generation solutions are almost always ‘cloud-enhanced’ solutions, meaning they build on the strengths of a cloud platform to deliver digital business capabilities.”. Currently, the top five “only” account for about 50% of the cloud market. Market Trends: Cloud Adoption Trends Favor Public Cloud With a Hybrid Twist Published: 04 August 2016 ID: G00294424 Analyst(s): Ed Anderson, Sid Nag Summary Cloud adoption continues unabated as cloud use cases shift beyond simple tactical outcomes to strategic benefits. Companies share their experience with the cloud. Another Statista cloud study unveils that most companies are choosing public over private because of the reduced cost. The most popular at the moment are iCloud on Mac, and Dropbox, both of which attract an impressive 300 million users to their platforms. Email management remains at a steady level, while file storage purposes have increased by a whopping 15%. SAS today announced it was named a Leader in Gartner’s 2020 Magic Quadrant for Data Integration Tools. On the other end of the spectrum, we have Romania and Bulgaria with a mere 10% of enterprises hosted in the cloud in 2018. Google Cloud and its Kubernetes technology are shaping to be a worthy competitor. The public cloud model offers all the advantages of the virtual network environment for the wider community to enjoy. Judging by the numbers, enterprise cloud adoption seems inevitable. To show you just how far we have gone, let’s take a look at some curious cloud computing facts and stats. Estimated at just $24.65 billion in 2010, it has already surpassed the $100 billion mark and looking to reach $150 billion by the end of 2020. 17+ Burglary Statistics That Will Shock You in 2021, 27 Astonishing Robotics Industry Statistics You Should Know in 2020. … To learn more about how we help decision makers fuel the future of business, visit gartner.com. 90% of all companies are on the cloud. Reset Your Business Strategy Amid COVID-19, global CIOs will increase their investment, “Forecast: Public Cloud Services, Worldwide, 2017-2023, 3Q19 Update.”. 1 IDC, “The Salesforce Economy,” September 2016, salesforce.com. IaaS is forecast to grow 24% year over year, which is the highest growth rate across all market segments. The research observes 600 international enterprise businesses and outlines a rapid growth in the adoption of cloud computing by big companies. Live, Dec 15th: Network Observability: 5 Ways to Up Your Game. Public cloud computing companies might not grant you much control over this aspect, but the setup still guarantees your data is isolated and secured from breaches. Cloud services are taking the business world by storm and cloud adoption statistics tell the same story. We can all agree cloud tech is here to stay, so let’s see how it works in practice. Enterprise … Public cloud remains the most preferred. This story, "Gartner: Hype Could Hurt Cloud Adoption" was originally published by Network World. If cloud growth in 2020 must be summed up in a single stat, it’s this: Gartner predicts public cloud revenue will grow 6.3% just in 2020 for a total revenue close to $258 billion U.S., up $15 billion from last year. This process will boost the influence of the top industry vendors and grant them control over 75% of the market. 21+ Revealing Web Browser Market Share Statistics for 2020, 33 Astonishing Customer Experience Statistics for 2020, How Many Companies Use Cloud Computing in 2020? . Security and efficiency are top priorities, and. Consider shifting from a “cloud first” approach, which prioritizes cloud adoption and legacy modernization above all else, to a “cloud-smart” approach, which balances cloud adoption with the organization’s unique circumstances and goals, and business value. Follow news and updates from these events on Twitter using #GartnerIO. Respondents expect to increase cloud spend by almost 50 percent this year, but they still struggle to forecast spend accurately as they significantly exceed their cloud budgets. , with 91% of respondents relying on such tech. Still, the need for optimized file storage and sharing solutions is quite apparent. Of course, there is much more nuance in cloud growth. Out of 187 respondents, more than half said cloud usage would be greater than expected, particularly because of the extra capacity needed to meet demand. The next largest percentage which was Amazon Web Services, at 32%. seems inevitable. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. With such wealth of solutions, it’s no wonder the average enterprise employs about 1400 cloud-based apps. *This is the 10 th consecutive time that SAS has been named a Leader. Exciting innovations like Kubernetes containers are already serving the industry. The research encompassed over 50,000 job postings in the cloud tech field. That’s mostly due to the adoption of other new technologies like blockchain in their daily operations. Architecture-wise, the structure of the model is remarkably similar to the private setup, so organizations are adopting both strategies almost evenly. At Gartner IT Infrastructure, Operations & Cloud Strategies Conference 2020 Cloud is becoming a vehicle for next-generation digital business. Unsurprisingly, looking at the cloud adoption by industry, industries that deal with the most data yield the most active investors. Read the Report. The cloud is at the very core of the government’s modernization, and optimization efforts. It seems that the predictions are not only accurate but might even ring true before the 18-month period is over. To put things in perspective, a single zettabyte contains one sextillion bytes — that is 1 with 21 zeroes, in case you were wondering. Note: Totals may not add up due to rounding. Global cloud IT market revenue is predicted to increase from $180B in 2015 to $390B in 2020, attaining a Compound Annual Growth Rate (CAGR) of 17… The last one provides dedicated resources on the server, thanks to virtualization technology. The service launched just a couple of years ago and has already amassed a 7% market share. has significantly improved wages as they were around $124,300 just a couple of years ago. This again confirms that companies are progressively moving away from on-premise infrastructure and shifting their operations to third-party servers. Public cloud remains the most preferred cloud service type, with 91% of respondents relying on such tech. 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%. It fits them perfectly as they often need to retrieve heaps of delicate information from multiple secure locations. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. There are over 210 services in the “collaboration” category alone. The most popular free cloud storage services are iCloud and Dropbox with 300 millions of users per platform. At the virtual Gartner 2020 IT Infrastructure, Functions & Cloud Tactics Convention held this 7 days, Mike Cisek, vice president analyst with the midsize company research group at Gartner, examined some […] Back when we were mostly storing our data on a local device and copying it on flash drives. These four factors will impact cloud adoption in 2020 and the steps that CIOs can take to thrive in a cloud-first world. Rado is your resident go-to-guy when it comes to anything related to web hosting, digital marketing, social media, copywriting, sports, TV series, dogs, weird bovine obsessions, or...well...stuff. document.getElementById("comment").setAttribute( "id", "ad7ec9a1868d7e8ac8706bc9db912dbd" );document.getElementById("h109042edb").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. The US is the most significant public cloud market with projected spending of $124.6 billion in 2019. The Eurostat research contains usage statistics from 2014, 2016, and 2018, and reveals some interesting shifts in the reasons for adopting the cloud. It reveals that the average salary for skilled professionals marked a remarkable jump of $22,050 since 2016. 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