This is expected to grow further to USD 5.62 billion in 2022, Gartner said in a statement. The continued trend of increased remote workers in 2021, will lead to an increase in spending on desktop-as-a-service (DaaS) and infrastructure-as-a-service (IaaS). These segments are forecast to grow 47.7 per cent (to USD 73 million) and 52.2 per cent (to USD 1.44 billion), respectively. Indian chief information officers (CIOs) saw the benefits of cloud during the first wave of the pandemic in 2020, Gartner research vice president Sid Nag said. To build business resilience and minimize the impact of continued disruptions, investing in cloud is unavoidable. India has experienced consistent double-digit growth in cloud spending over the last three years, the pandemic only expedited the shift, he added.
IaaS success puts Chinese companies on cloud nine By CHENG YU | China Daily | Updated: 2021-04-27 09:20 Share CLOSE The booth of Alibaba Cloud at an exhibition in Hangzhou, on Nov 12, 2020. [Photo by Long Wei for China Daily]
Chinese cloud computing service providers posted high growth last year, according to an industry report from Gartner, a market research provider.
Alibaba Group Holding ranked as the world s third-largest infrastructure-as-a-service, or IaaS, provider.
IaaS is a major form of cloud computing service that provides virtualized computing resources over the internet.
According to the report, Alibaba Cloud, a subsidiary of China s e-commerce giant, saw its global market share increase to 9.5 percent last year from 9.1 percent in 2019.
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Global end-use of public cloud services is expected to boom this year, with technology analyst firm Gartner predicting a 23.1% rise in spending and re.
Global public cloud spending to hit US$332B by the end of 2021
Global public cloud spending to hit US$332B by the end of 2021
SaaS expected to make up a third of the spending, at US$112.6B.
Global spending on public cloud services is forecast to reach US$332.3 billion by the end of 2021, an increase of 23.1 per cent from a year ago, following a push for the technology driven by the coronavirus pandemic.
This is according to analyst firm Gartner, with its research vice president Sid Nag claiming organisations around the world responded to COVID-19 by accelerating their adoption of cloud.