“Cost optimisation and business resilience have emerged as top drivers of IT investment decisions and IaaS offerings are designed to enable both. Available in Soft Copy Only . Key Findings . Despite security concerns, overall confidence is high. The report, analyses the present and the future state of the India Cloud market, identifies the major technology trends, issues and concerns of the industry in detail. The analyst firm said in a note the worldwide IaaS market grew 37.7% in 2019, with the top five players accounting for 80% of the market, up from 77% the year before. According to the CSA survey report: This is, in part, due to new applications primarily being deployed in the cloud, and because enterprises plan to migrate 20.7% of their existing applications to the public cloud. SaaS revenue is estimated to grow 23% in 2019 to reach $1.15 billion. While this is a widespread concern, this type of exposure is easily avoidable, and you can find more on this is our recent blog here. The figures make for an interesting comparison with Gartner, who earlier this month said the global IaaS market was worth $44.5bn in 2019. “Today’s economic uncertainty draws fresh attention to the core benefits of IaaS – low financial commitment, flexibility to support business agility, and operational resilience,” said Deepak Mohan, IDC research director of cloud infrastructure services. Cloud application services (SaaS) is set to be the fastest-growing market segment in India in 2019, accounting for nearly half of total public cloud services revenue, followed by cloud system infrastructure services (IaaS). In its 2019 IaaS worldwide Magic Quadrant, Gartner marks AWS, Microsoft and Google as IaaS leaders. Learn more about IaaS adoption trends and how companies have failed to secure their data when using an IaaS platform. According to a recent Cloud Security Alliance (CSA) report (Download a free copy of the report here), Amazon Web Services is the most popular public cloud infrastructure platform, comprising 41.5% of application workloads in the public cloud. Covering SaaS news, cloud computing jobs, virtualization strategy, cloud apps and enterprise IT, private and public cloud, system security, cloud apps, CRM and cloud communications, Cloud Tech provides the latest insight that enables CIOs to make informed decisions about IT strategy. Accessing our website tells us you are happy to receive all our cookies. Major vendors in the cloud computing market include AWS (US), Microsoft (US), Google (US), Alibaba (China), SAP (Germany), IBM (US), Oracle (US), VMware (US), Rackspace (US), Salesforce (US), Adobe (US), Verizon (US), CenturyLink (US), Fujitsu (Japan), and NTT Communications (Japan). Another reason why the majority of IT leaders are in favor of cloud adoption may be due to the sizable investments cloud providers made to their own security. In its most recent earnings statement for Q3 of 2019, AWS reported revenues of $9 billion. While Microsoft Azure is gradually catching up to Amazon, it, along with Google Cloud Platform, lags behind AWS in market penetration and adoption. The fastest-growing segment of the market is cloud system infrastructure services (infrastructure as a service or IaaS), which is forecast to grow 27.6 percent in 2019 to reach $39.5 billion, up from $31 billion in 2018. AWS, the clear leader in cloud infrastructure, broke the $10bn mark in its most recent quarterly results, while Google Cloud broke $3bn. James is editor in chief of TechForge Media, with a passion for how technologies influence business and several Mobile World Congress events under his belt. In addition to the question of which Cloud Service Providers´ customers can best optimize their cloud environments, there are two further factors likely to affect cloud computing market share in 2019—containerization and Convertible RIs. “Cloud underpins the push to digital business, which remains at the top of CIOs’ agendas,” said Sid Nag, research vice president at … IDC argued that the public cloud services market has more than doubled since 2016. Industry analyst firm Gartner predicts that the infrastructure-as-a-service (IaaS) market will grow by 27.5% in 2019 (a significant decrease from Gartner’s 2018 35.9% growth prediction) to reach $38.9 billion by the end of the year. AWS holds a third (33.6%) of the market according to the IDC … AWS was the first cloud computing and offering infrastructure as a service in 2008 and has never looked back as it launches new services at a breakneck pace and is creating its own compute stack that aims to be more efficient and pass those savings along. Your email address will not be published. Microsoft - 15.5% 3. Copyright © 2020 Cloud Computing News. It may also be due to the fact that 3rd party security solutions, such as a CASB, have overcome the security gap between what an enterprise can achieve in their on-premises IT infrastructure and what they get from a cloud service provider. In 2019, they reported an overall growth in the cloud infrastructure market of 42%. Factors Likely to Affect Cloud Computing Market Share in 2019. The global High Performance Computing (HPC) market size was valued at USD 34.62 billion in 2017. The scope of long tail provider usage is surprising and may indicate the market is still at an early stage of maturity. The report, released in February 2019, reveals several interesting cloud market updates. Public Cloud Market Share In terms of revenue, Amazon Web Services dominates the public cloud market with revenue growing at 35% in Q3 of 2019. The worldwide cloud infrastructure services market grew 37% in Q3 2019 to reach US$27.5 billion. Synergy Research Group reported Q2 2019 cloud market share numbers: Amazon 33%, Microsoft 13%, Google 8%, IBM 6%, and Alibaba 5%. What Is HIPAA Security Rule and Privacy Rule? The global cloud computing market size was valued at USD 266.0 billion in 2019 and is expected to expand at a Compound Annual Growth Rate (CAGR) of 14.9% from 2020 to 2027. For IaaS and PaaS combined, IDC sees similar results to other analysts. Google - 4.0% 5. By submitting this form, I acknowledge that I have read and understood the Privacy Policy and subscribe to receive communications from TechForge Media Ltd. For infrastructure alone, Gartner said AWS held 45% share, ahead of Microsoft (17.9%), Alibaba (9.1%) and Google (5.3%). IDC said spending on IaaS and PaaS will continue growing at a higher rate than the overall cloud market over the next several years. As expected, larger enterprises have the most custom applications deployed at their organizations. In terms of the overall market, SaaS continues to lead, commanding almost two thirds (63.6%) of the total, ahead of IaaS (21%) and PaaS (15.4%). The global public cloud services market grew 26% year over year to hit a mammoth $233.4 billion (£176.7bn) in 2019, according to IDC. The public cloud services market in India is projected to grow 28.5% this year, with the application services segment and other verticals expanding at a quick pace, market research firm Gartner said on Tuesday. Microsoft Azure increased its share to 18% from 15% … When it comes to public cloud services market share, Microsoft Azure is closing the gap vs. Amazon Web Services (), while Google Cloud Platform‘s (CSP) stake in the market essentially remains flat, according to Rightscale’s State of the Cloud report. If processors based on Arm become the norm in the data center, the industry can thank the gravitational pull of AWS, which l… by Ty Trumbull • Mar 28, 2019. A majority of respondents (62.9%) say the public cloud is as secure or more secure than their own data center. The worldwide infrastructure as a service (IaaS) market grew 37.3% in 2019 to total $44.5 billion, up from $32.4 billion in 2018, according to Gartner, Inc. Amazon retained the No. Canalys: Cloud infrastructure services spend up 37% in Q4 2019 to top US$107 billion for the full year The worldwide cloud infrastructure services market reached a record high in Q4 2019, as spending grew 37% to over US$30 billion. AWS has more than three times the market share of Microsoft, … Your email address will not be published. The cloud computing race in 2019 will have a definite multi-cloud spin. IBM - 1.8% 6. The global cloud computing market size was valued at USD 319.80 billion in 2018 and expected to grow significantly over the forecast period. IBM - 7% (appro… Worldwide public cloud services market hit $233bn in 2019, says IDC. Oracle, Alibaba Cloud and IBM trail as niche players. All Rights This is a latest report, covering the current … Amazon retained its position as the top provider of public cloud services in 2019 after accounting for nearly half of the global infrastructure as a service (IaaS) market during the year. The growth of SaaS … Attend the Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London and Amsterdam to learn more. 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