Table of Contents

IDC Market Forecast Figure

Figure: Worldwide Whole Cloud Revenue Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

Table: Worldwide Whole Cloud Revenue by Consumption Model, 2017–2024 ($B)

Table: Worldwide Whole Cloud Revenue by Offering Category, 2017–2024 ($B)

Market Context

Drivers and Inhibitors

Drivers

The Ecosystem of Tech Companies Supporting Cloud Environments Continues to Rapidly Expand

Consumption-Based IT

Cloud, Analytics, Mobile, and Social Business–Related Software Adoption Rates

Organizational Support for Change Implicit in Digital Transformation

Connected (Hybrid) Clouds Operations

Inhibitors

Data Security

COVID-19 Supply Chain Delays and Demand Contraction

Significant Market Developments

Public Cloud Services

Cloud-Related Professional Services

Managed Cloud Services

Changes from Prior Forecast

Table: Worldwide Whole Cloud Revenue, 2016–2024: Comparison of June 2019 and October 2020 Forecasts ($B)

Figure: Worldwide Whole Cloud Revenue, 2016–2024: Comparison of June 2019 and October 2020 Forecasts

Market Definition

Figure: Major Enterprise Cloud Consumption Models

Figure: Hardware, Software, and Services Enabling Cloud Service Providers' Commercial Cloud Services

Methodology

Related Research

Content


Related Links