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TECH SUPPLIER Jun 2019 - Market Forecast - Doc # US45213719

Worldwide Software as a Service and Cloud Software Forecast, 2019–2023

By: Frank Della RosaResearch Director, SaaS and Cloud


This IDC study examines the SaaS and cloud software markets for the 2018–2023 period. Worldwide market sizing is provided with 2017 as the base year and a five-year growth forecast for 2018–2023.

"IT and line-of-business buyers have progressively shifted toward a SaaS and cloud-first deployment strategy that includes hybrid and multicloud," says Frank Della Rosa, research director, SaaS and Cloud Software 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 growth rates might change in future years within the forecast period."



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