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Global Public Cloud Services to Reach $204 Billion in 2016
The worldwide public cloud services market is expected to reach $204 billion in the year 2016, which is 16.5% ($175 billion) more than what it was in the year 2015, according to a recent research. This growth is attributed to the increase in adoption of cloud IaaS services by businesses across the board.
Source : Gartner
Hybrid Cloud Market to Grow USD 91.74 Billion by 2021
The hybrid cloud market is expected to grow USD 91.74 Billion by 2021, at a Compound Annual Growth Rate of 22.5% during the forecast period. The immense growth of the analytics market and increasing interest of businesses towards scalable cloud services will create vistas of opportunities to the hybrid cloud solution and service providers.
Source : Markets and Markets
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