In a previous article Opens a New Window. , I explained some of that jargon and highlighted three key cloud stocks -- #Amazon (NASDAQ: AMZN), #Microsoft (NASDAQ: MSFT), Salesforce (NYSE: CRM). Today, I'll review ten key industry stats that should give investors a better grasp on the growth of the cloud computing market. 1. The worldwide cloud computing market grew 21% to $110 billion in 2015according to Synergy Research Group. That total includes cloud infrastructure services, software services, and hardware.
2. 17% of enterprises run over 1,000 VMs (virtual machines) inthe public cloud, compared to 13% in 2015, according to RightScale's State of the Cloud survey. That's great news for publiccloud leaders like Amazon and Microsoft.
3. Worldwide spending on public cloud services could doublefrom almost $70 billion in 2015 to over $141 billion in 2019, according to research firm IDC. IDC expects Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) solutions -- like Amazon's AWS and Microsoft's Azure -- to grow faster than Software as a Service (SaaS) platforms.
4. The IaaS/PaaS markets are often dubbed the "cloud infrastructure" market. IaaS spending -- fueled by the growing need for remote computing power and storage -- could rise from $38 billion this year to$173 billion in 2026, according to Forbes.
Spending on PaaS, which is often overshadowed and merged with IaaS solutions, could hit $7.5 billion by 2020 as developers create more applications within the cloud, according toGlobal Industry Analysts. 50% of PaaS spending could be focused onthe Internet of Things (IoT) market by 2020, according to Gartner.
5.The SaaS market is led by companies like Microsoft and Salesforce. Theircloud-based services -- like Office 365, Skype, Dynamics CRM, and Salesforce's sales, service, data, and marketing clouds -- compete in a more saturated market than large scale infrastructure platforms like AWS and Azure.
6. 31% of enterprises run over 1,000 VMs in the private cloud, compared to 22% last year, according to RightScale. This indicates that this market, which mostly serves larger companies which need to keep their data on-site, is still growing -- which benefits private cloud leaders #Dell 's #VMWare (NYSE: VMW), #HPE, #IBM, and #Cisco
http://www.foxbusiness.com/markets/2016/11/29/10-cloud-computing-stats-that-will-blow-away.html
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