{"id":3449,"date":"2019-04-02T09:54:11","date_gmt":"2019-04-02T13:54:11","guid":{"rendered":"https:\/\/solutionsreview.com\/cloud-platforms\/?p=3449"},"modified":"2019-04-02T09:54:30","modified_gmt":"2019-04-02T13:54:30","slug":"public-cloud-revenue-will-increase-to-214-billion-in-2019-gartner-says","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/cloud-platforms\/public-cloud-revenue-will-increase-to-214-billion-in-2019-gartner-says\/","title":{"rendered":"Public Cloud Revenue Will Increase to $214 Billion in 2019, Gartner Says"},"content":{"rendered":"

\"Public<\/p>\n

Worldwide public cloud revenue will increase by 17.5% in 2019, according to projections made<\/a> by analyst house Gartner, Inc.<\/a> Gartner predicts that the public cloud services market will grow to $214.3 billion this year – up from $182.4 billion in 2018. The forecasts analyze five public cloud market segments and project their expected growth through 2022. The market segments are cloud business process services (BPaaS), platform-as-a-service (PaaS), software-as-a-service (SaaS), cloud management and security services, and infrastructure-as-a-service (IaaS).<\/p>\n

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Gartner attributes part of the growth to the increase of cloud-first strategy adoption in enterprises. \u201cCloud services are definitely shaking up the\u00a0industry,\u201d says Sid Nag, Gartner research vice president. \u201cAt Gartner, we know of no vendor or service provider today whose business model offerings and revenue growth are not influenced by the increasing adoption of\u00a0cloud-first strategies\u00a0in organizations. What we see now is only the beginning, though. Through 2022, Gartner projects the market size and growth of the cloud services industry at nearly three time the growth of overall IT services.\u201d<\/p>\n

According to Gartner, the market sector with the most growth is IaaS, which is project to grow 150% by 2022. In 2018, the market segment was valued at $30.5 billion, but by the end of 2019, it will reach $38.9 billion. By 2022, the segment will reach $76.6 billion. Gartner believes PaaS will have the second-highest growth, growing just over 100% by 2022. The segment will grow from $15.6 billion to $19 billion in 2019; by the end of 2022, it will grow to $31.8 billion.<\/p>\n

Gartner states that enterprises adopt cloud services to successfully integrate public cloud environments and increase public cloud revenue. \u201cOrganizations need cloud-related services to get onboarded onto public clouds and to transform their operations as they adopt public cloud services,\u201d Nag said. \u201cAs cloud continues to become mainstream within most organizations, technology product managers for cloud related service offerings will need to focus on delivering solutions that combine experience and execution with hyperscale providers\u2019 offerings. This complementary approach will drive both transformation and optimization of an organization\u2019s infrastructure and operations.\u201d<\/p>\n

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Our MSP Buyer’s Guide<\/a> contains profiles on the top cloud MSP vendors for AWS, Azure, and Google Cloud, as well as questions you should ask providers and yourself before buying.<\/em><\/p>\n

Check us out on\u00a0Twitter<\/a>\u00a0for the latest in Cloud news and developments!<\/strong><\/em><\/p>\n

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Worldwide public cloud revenue will increase by 17.5% in 2019, according to projections made by analyst house Gartner, Inc. Gartner predicts that the public cloud services market will grow to $214.3 billion this year – up from $182.4 billion in 2018. The forecasts analyze five public cloud market segments and project their expected growth through […]<\/p>\n","protected":false},"author":45,"featured_media":3450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[30,41,69,53,205,11,759,698,1039,26,1037,23,42,17,109,18,10,16,1038],"acf":[],"yoast_head":"\nPublic Cloud Revenue Will Increase to $214 Billion in 2019, Gartner Says<\/title>\n<meta name=\"description\" content=\"Worldwide public cloud revenue will increase by 17.5% in 2019, according to projections made by analyst house Gartner, Inc.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/cloud-platforms\/public-cloud-revenue-will-increase-to-214-billion-in-2019-gartner-says\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Daniel Hein\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/cloud-platforms\/public-cloud-revenue-will-increase-to-214-billion-in-2019-gartner-says\/\",\"url\":\"https:\/\/solutionsreview.com\/cloud-platforms\/public-cloud-revenue-will-increase-to-214-billion-in-2019-gartner-says\/\",\"name\":\"Public Cloud Revenue Will Increase to $214 Billion in 2019, Gartner 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