Cloud computing market: $241 billion in 2020

Cloud computing market: $241 billion in 2020

Summary: The global cloud computing market will grow from a $40.7 billion in 2011 to $241 billion in 2020, according to Forrester Research.

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The global cloud computing market will grow from a $40.7 billion in 2011 to $241 billion in 2020, according to Forrester Research.

On the way to all of this growth are a few notable nuggets from the report.

  • For starters, the infrastructure as a service market will peak at $5.9 billion in global revenue in 2014 and then commoditization, price pressure and falling margins kick in. In other words, early wins by Amazon Web Services and Rackspace won't add up in the long run.
  • Software as a service will be adopted by companies of all sizes. In 2011, SaaS will be a $21.2 billion market and grow to $92.8 billion in 2016. AT that point SaaS comes closer to saturation.
  • BusinessProcess as a service will be notable, but face modest revenue.
  • Virtualization will recede to the background as new technologies take over.

Here's a look at the big cloud picture through 2020:

Topics: Virtualization, Cloud, Data Centers, Emerging Tech, Hardware, Servers

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  • RE: Cloud computing market: $241 billion in 2020

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    xiaojiekre
    • RE: Cloud computing market: $241 billion in 2020

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    • RE: Cloud computing market: $241 billion in 2020

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      • RE: Cloud computing market: $241 billion in 2020

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        seanzhan
  • Numbers

    It's not going to be $241 billion. It'll be $467 billion. Forrester left out the storage on atomic particles vertical. (How can you print any of these numbers with a straight face?)
    mattermaper
  • not happening

    Just wait until the first scandal involving stolen data from cloud servers and watch everyone run for cover and abandon the hype of "everything in the cloud".
    lylelwr
    • RE: Cloud computing market: $241 billion in 2020

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  • Oh jeez

    Here we go again. Some useless analyst is predicting blah, blah, blah by the year blah.

    I can predict it will rain in Texas on July 3, 2020. Come back and tell me if it's true.

    These "analyst" fail to include things that could happen from now until then: a major recession [we hsven't recovered yet from the last one], newer technology, problems with IPv6, ...

    Many I'm sure predicted 2009 and 2010 to be banner years for netbooks but didn't take in account for the iPad. Everyone is predicting big things for the iPad 2 but what if RIM's Playbook or Motorola's Xoom actually do well?
    Gis Bun
  • I love cloud computing!

    I'm glad that cloud computing is a technology that is taking off. It has already made my life so much easier, I forgot the <a href="http://www.paperstyle.com/is-bin/Baby-Shower-Invitations.html">Baby Shower Invitations</a> template I was working on but fortunately I uploaded it to my amazon cloud computing account.
    mldriggs
    • RE: Cloud computing market: $241 billion in 2020

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  • RE: Cloud computing market: $241 billion in 2020

    Cloud Computing has become a hype that's why it's raking in lots of money. I like Cloud Computing because of the Accessibility advantage where I can access information about <a href="http://www.divorceinontario.ca">Ontario divorce</a>, <a href="http://www.campbellriverhouses.ca">Campbell River real estate</a> and regarding <a href="http://www.onlinehomereports.com">how much is my house worth</a> anywhere I go. The only question I have is the security risk.
    mclabelle
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