target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Forecast - Doc Document number: # US48862222
Worldwide Cloud System Software Forecast, 2022–2026
This IDC study provides a top-down sizing of the cloud system software market in 2021 and a 2022–2026 forecast for this market. Historical and forecast revenue data is shown for the total worldwide market. Cloud system software is a submarket of the software-defined compute (SDC) software functional market.
According to Gary Chen, research director, IDC's Software-Defined Compute, "Cloud system software is the foundation for clouds, with most of the commercial market driven by enterprise private cloud deployments and telco NFV. The trend toward cloud operating models and the drive for more agility and resiliency post pandemic is fueling renewed growth in this market."