This IDC study provides worldwide forecast for the public cloud IaaS market for 2016–2020.
"Public cloud IaaS is rapidly gaining acceptance among IT organizations," said Deepak Mohan, research director, Public Cloud Storage Services and Infrastructure. "Public cloud services are increasingly seen as an enabler of business agility and speed, beyond just an IT cost saving. This is bringing about a shift in IT infrastructure spending, with implications to incumbent leaders in enterprise infrastructure technologies. Growth of public cloud IaaS has also created new service opportunities around adoption and usage of public cloud resources. With changes at the infrastructure, architectural, and operational layers, public cloud IaaS is slowly transforming the enterprise IT value chain."