Public cloud growing more than three times faster than the overall software market
Published2016.08.24 17:08According to the latest research report by IDC (www.idc.com), the global public cloud services market is projected to reach $195 billion in 2020. This figure is more than double the 2016 forecast of $96.5 billion. The market is expected to record an average annual growth rate of 20.4% over the five years from 2015 to 2020.
In 2015, cloud software, including SaaS and PaaS, accounted for 83.7% of the total public cloud market, while IaaS accounted for the remaining 16.3%. In terms of growth, the IaaS (Infrastructure as a Service) and PaaS (Platform as a Service) markets are expected to expand their share of the market as they grow at a faster pace than the SaaS market.
▲ Global Public Cloud Services Market Outlook, 2015-2020 (Million USD)
Benjamin McGrath, a researcher at IDC’s SaaS and Business Models Research Group, stated, “Over the next five years, cloud software growth will significantly outpace traditional software market growth,” adding that it will grow more than three times faster than the overall software market and become the growth driver for all practical software markets. McGrath continued, “By 2020, 50% of all new business software purchases will be in the cloud, and as a result, cloud software will account for a quarter of all software sold.”
The industries leading public cloud service spending are assembly manufacturing and banking and professional services, with these three sectors projected to account for one-third of global market revenue in 2016. The media, telecommunications, and retail sectors were identified as the industries expected to experience the fastest growth over the next five years. Notably, all 20 industry sectors included in this report are expected to more than double their revenue during the forecast period.
Market size in 2020 expected to more than double that of 2016
Eileen Simth, Program Director of Customer Insights and Analysis at IDC, noted that cloud computing is breaking down existing technological barriers, stating, "Both business unit leaders and IT organizations are relying on the cloud to deliver IT resources faster and at lower costs." She added that by no longer being constrained by the limitations of existing legacy IT environments, companies are able to adapt more quickly to market changes and take on greater risks.
The United States is the largest public cloud service market in terms of market size and is projected to account for two-thirds of global revenue during the forecast period, followed by Western Europe and the Asia-Pacific region (excluding Japan). Meanwhile, South America and the Asia-Pacific region (excluding Japan) are expected to grow at the fastest pace over the next five years.
관련뉴스
A survey of cloud adoption suggests that "information management should be more important than infrastructure."
Veritas Technologies (www.veritas.com/kr) has released the "State of the Hybrid Cloud" report, which surveyed global enterprises' cloud adoption status. The report emphasizes that three out of four enterprises today are adopting complex private and public cloud strategies, and therefore data management and security strategies for enterprises are critically important. This survey, commissioned by Veritas and conducted by Cicero Group, included 1,800 IT decision makers from enterprises worldwide with more than 500 employees and managed data of 75TB or more. According to the survey, business-critical workloads in public cloud environments are projected to double over the next 24 months, which is comparable to the growth rate of general workloads. This growth trend is expected to increase the responsibility of IT departments to ensure superior availability and security not only for infrastructure but for entire business services.
2016.07.20by 김수지 기자
Global Public Cloud IaaS Market to Grow at an Average Annual Rate of 28.2% Over the Next Five Years
온프레미스 하드웨어 인프라에 대한 대안으로 기업들의 퍼블릭 클라우드 IaaS (Infrastructure as a Service) 도입이 급속도로 늘고 있다. IT 시장 분석 및 컨설팅 기관인 IDC(www.idc.com)가 전세계 6천여 기업을 대상으로 진행한 서베이 결과에 따르면, 응답 기업의 3분의2가 퍼블릭 클라우드 IaaS를 이미 사용중이거나 2016년 이내 도입할 계획이 있다고 응답했다. 2015년 126억 달러였던 전세계 퍼블릭 클라우드 IaaS 매출은 연평균 28.2%의 성장세를 보이며 2020년 436억달러 규모에 이를 것으로 전망된다.
2016.07.22by 홍보라 기자
SK Telecom Launches 'Cloudberry,' a Mobile-Specific Personal Cloud Service
Following the opening of T Phone in December last year and T Map in July, SK Telecom is now opening its cloud service to all users. SK Telecom announced the launch of "CLOUDBERRY," a new concept mobile-optimized personal cloud service that allows anyone to easily and conveniently store and manage various types of data, on the 19th. CLOUDBERRY significantly enhanced data management convenience for photos, videos, and other data, and added various features including ▲enhanced privacy protection and security functions ▲safe storage and restoration of smartphone data, thereby substantially increasing the utilization rate of mobile cloud services that had previously been used merely as temporary data storage space.
2016.08.23by 신윤오 기자
.jpg)
SalePoint Signs Multi-Year Partnership Agreement with AWS… Promoting Identity Security that Integrates Even AI Agents
Sailpoint has entered into a multi-year strategic partnership agreement with AWS and is moving forward with establishing an integrated governance system that manages both human and non-human identities together. The plan is to consistently manage access permissions in an environment where AI agents are increasing as work execution entities, while applying the principle of least privilege and automated policy enforcement. The two companies plan to jointly expand capabilities to manage the identities of various entities, including AI agents, within a single layer in the AWS environment. This collaboration is interpreted as a move to design security and governance together in corporate environments where AI adoption is expanding.
2026.03.26by 배종인 기자
.png)
Databricks Unveils Open AI Security Monitoring 'Lakewatch'
Databricks entered the security market on March 24 by unveiling LakeWatch, an open-source agentic SIEM. The core functionality of this product is to integrate and analyze security, IT, and business data in a single environment to support AI-based threat detection and investigation. The company explained that it reduces the limitations of existing security operations centers, which have had to forgo some data due to high cost structures, and enables large-scale data analysis and automation based on open formats and ecosystems. LakeWatch is currently offered as a private preview, with Adobe and Dropbox mentioned as early customers. Databricks also announced an expanded partnership with Anthropic as well as the acquisition of Antimatter and SiftD.ai.
2026.03.26by 배종인 기자
