cloud nad hosting market size

Worldwide hosting and Cloud market growing at a rate of 20% CAGR, with cloud share to increase to 43% by 2020

There has been a substantial shift in the workload to the cloud environment with dramatic workload migration expected within the next two years, from current 41% to over 60%.  On premise to off premise shift is expected from 35% to 52%, and significant expansion of public clouds (IaaS and SaaS) is predicted as workload execution venues. – 451 Research, Voice of the Enterprise: Cloud Transformation, Workloads & Key Projects 2016. As per another study by 451 Research – Grand Strategy for Digital Transformation: Partner for Success, the cloud share in hosting and cloud market is expected to increase from 7% in 2010 to 43% by 2020. Out of 1721 respondents, including SMBs, organizations and companies in over 10 geographical locations, over 66% chose hosted private cloud, 61% chose dedicated...

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