TECH SUPPLIER Jul 2021 - Market Share - Doc # US47350821

Worldwide Public Cloud Infrastructure as a Service Market Shares, 2020: Data Growth, Edge Use Cases, and Hybrid Deployment Take Center Stage

By:

Andrew Smith,
Dave McCarthy
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Abstract

This IDC study presents the worldwide public cloud infrastructure-as-a-service (IaaS) market shares for 2020.

"The public cloud IaaS market experienced tremendous growth during 2020, expanding 34% to $65.5 billion. This growth was driven by businesses' needs to support new ways of working while also needing to deliver more digital goods and services to customers than ever before," said Andrew Smith, research manager, Cloud Infrastructure Services at IDC. "Over the past 12 months, we also observed an important strategic shift among leading public cloud IaaS providers, which continue to develop a range of dedicated and hybrid cloud deployment options in order to meet enterprise demand for high performance, and distributed edge use cases."


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