Topic: Virtualization

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.

By Larry Dignan for Between the Lines | April 22, 2011 -- 02:08 GMT (19:08 PDT)

Follow @ldignan

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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15 comments

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RE: Cloud computing market: $241 billion in 2020

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xiaojiekre
22 April, 2011 04:00

Reply Vote
- RE: Cloud computing market: $241 billion in 2020
  
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  6 October, 2011 02:43
  
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  berrypoin
  8 October, 2011 15:24
  
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  - RE: Cloud computing market: $241 billion in 2020
    
    @berrypoin
    
    Cloud computing have been gradually into the network and begins a large number of application, I really can't imagine that cloud computing era of 2020, this is a major progress of mankind. @ <a href="http://www.superpopular.net/">wholesale electronic suppliers</a>
    
    seanzhan
    17 October, 2011 23:20
    
    Reply Vote
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
22 April, 2011 10:58

Reply Vote
- RE: Cloud computing market: $241 billion in 2020
  
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  sashamart
  16 September, 2011 10:20
  
  Reply Vote
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
22 April, 2011 11:59

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  a11348326
  16 November, 2011 02:41
  
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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?

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22 April, 2011 14:54

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    9 October, 2011 06:49
    
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RE: Cloud computing market: $241 billion in 2020

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mclabelle
12 October, 2011 08:24

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RE: Cloud computing market: $241 billion in 2020

Cloud computing have been gradually into the network and begins a large number of application, I really can't imagine that cloud computing era of 2020, this is a major progress of mankind. @ <a href="http://www.superpopular.net/">wholesale electronic suppliers</a>

seanzhan
17 October, 2011 23:18

Reply Vote