target audience: TECH SUPPLIER Publication date: Aug 2022 - Document type: Market Forecast - Doc Document number: # US49520222
Worldwide Public Cloud Infrastructure as a Service Forecast, 2022–2026
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Abstract
This IDC study provides the worldwide public cloud IaaS market forecast for the 2022–2026 period. It also presents forecasts for the regional and technology segments.
"The public cloud IaaS market continues to gain momentum, delivering over 35% annual growth," said Dave McCarthy, research vice president, Cloud and Edge Infrastructure Services at IDC. "IDC believes the cloud IaaS market remains incredibly well positioned to help organizations achieve their digital-first business strategies. Therefore, we expect the market to maintain a healthy growth rate over the five-year forecast period, achieving a CAGR of 26.0%."