This IDC study presents the initial worldwide local cloud as a service (LCaaS) forecast for 2019–2023. This forecast includes the annual recurring revenue (ARR) derived by providers from the delivery of LCaaS solutions in corporate and service providers' core datacenters as well as in a growing range of edge locations. Future forecasts will provide ARR at a regional and a more detailed use case level.

"Adoption of LCaaS solutions in core datacenters and a growing range of edge locations will play a critical role in boosting business velocity, enabling dynamic business scaling, and ensuring greater business operational flexibility. Technology suppliers that want to capitalize on the LCaaS opportunity must ensure that their customers can deliver the optimal digital experience in all their locations," says Richard Villars, vice president, Datacenter and Cloud.



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