target audience: TECH SUPPLIER Publication date: May 2022 - Document type: Taxonomy - Doc Document number: # US49017222
IDC's Worldwide Public Cloud Infrastructure as a Service Taxonomy, 2022
This IDC study provides a detailed taxonomy for the public cloud infrastructure as a service (IaaS) market. The scope of this document includes public cloud compute and storage services only.
"Public cloud IaaS solutions are critical to modern digital enterprises," said Andrew Smith, research manager, Cloud Infrastructure Services at IDC. "The market has grown significantly over the past five years, with services revenue now forecast to exceed $200 billion in 2025. This taxonomy document helps define the boundaries of the compute and storage segments of the IaaS market and provides context for where these solutions sit within a quickly expanding cloud ecosystem. Finally, we provide additional definition and detail on how IDC measures and tracks this market."