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TECH SUPPLIER Jul 2018 - Market Forecast - Doc # US43821318

Worldwide Software as a Service and Cloud Software Forecast, 2018–2022

By: Frank Della RosaResearch Director, SaaS and Cloud

Abstract

This IDC study examines the SaaS and cloud software markets for the 2013–2022 period. Worldwide market sizing is provided with 2017 as the base year and a five-year growth forecast for 2018–2022.

"IT buyers have progressively shifted toward a more deliberate and strategic focus on cloud services that includes multicloud and hybrid cloud architectures," says Frank Della Rosa, research director, SaaS and Cloud practice at IDC. "The concept of cloud and IT buyer maturity plays important roles in the development of this structured forecast, in terms of providing proof points for market momentum and projecting how assumptions and growth rates might change in future years within the forecast period."


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