According to the latest forecast from Gartner, worldwide end-user spending on public cloud services will reach nearly $500 billion this year. Learn more here: GartnerIO DigitalTransformation
BPaaS=business process as a service; IaaS=infrastructure as a service; PaaS=platform as a service; SaaS=software as a service. Note: Totals may not add up due to rounding.“Cloud native capabilities such as containerization, database platform-as-a-service and artificial intelligence/machine learning contain richer features than commoditized compute such as IaaS or network-as-a-service,” said Nag. “As a result, they are generally more expensive which is fueling spending growth.
SaaS remains the largest public cloud services market segment, forecasted to reach $176.6 billion in end-user spending in 2022. Gartner expects steady velocity within this segment as enterprises take multiple routes to market with SaaS, for example via cloud marketplaces, and continue to break up larger, monolithic applications into
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