Cloud Value Shifts

Cloud’s impact is massive. IDC predicts that by 2020, organizations' spending on cloud services, the hardware and software to support cloud services, and services for implementing and managing cloud services will exceed $500 billion — over three times what it is today. This is due in large part to:

  • Growth in SaaS, PaaS & IaaS spending
  • 5-10x growth in new apps and services, including IoT and cognitive solutions
  • Penetration of "cloud code" into on-premise software
  • Expansion of cloud managed and professional services

IDC’s holistic, global view of the cloud opportunity capitalizes on dedicated resources across regions to provide local views in emerging markets. Our cloud Trackers ® also provide unparalleled granularity (sizing and forecasting) across market categories and geographies. IDC also provides critical research on the emergence and importance of new "industry clouds" as well as key use cases.

IDC Predicts...

By 2018, the majority of mid-tier cloud service providers will offer brokered access to competitive cloud services

By 2019, over 50% of software value will be derived by being embedded in "things" (smart devices, hardware) and services

By 2026, 40% of enterprises will provide digital services via industry clouds