IDC: Public cloud market will hit $72.9 billion in 2015

IDC: Public cloud market will hit $72.9 billion in 2015

Summary: Public cloud computing services will be a $72.9 billion market in 2015, up from $21.5 billion in 2010, according to IDC.

SHARE:

Public cloud computing services will be a $72.9 billion market in 2015, up from $21.5 billion in 2010, according to IDC.

That growth equates to a compound annual growth rate of 27.6 percent, but IDC estimated that public cloud computing will fuel the information technology industry for the next 25 years.

IDC defines a public cloud as a service that is commercially offered to an "unrestricted marketplace of potential users."

In fact, IDC is estimating that public cloud computing will account for 46 percent new growth for overall IT spending---notably in applications, app development and deployment, infrastructure, storage and servers.

By the numbers:

  • One in 7 dollars spent on packaged hardware and software will be related to the public cloud in 2015.
  • Software as a service will represent three quarters of all spending on public cloud services. SaaS will also drive server and storage cloud spending.
  • The U.S. will represent 50 percent of all public cloud services spending in 2015, but other region such as Asia Pacific and Western Europe will also ramp spending.

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

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

14 comments
Log in or register to join the discussion
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    Good stuff - love to know the breakdown of when sectors will be adopting: enterprise, mid-size, smb. Aside from the normal SaaS service (e.g. Salesforce and the like), it would seem the smaller companies may lag in migrating to a cloud model.
    jaybain
  • Zzzzz

    Another useless prediction. Weren't these the same jokers who predicted booming netbook sales in 2009, 2010, ... ?
    Gis Bun
  • What to do with the old hardware

    Interesting data. We look forward to helping the cloud adopters with all the retired assets. We turn them into dollars!
    Jason Jellie
  • Want to go to the cloud?

    If you want to host your own cloud, come visit us. We rent the servers, VMWare, etc. www.vernoncomputersource.com.
    vernonsocialmedia
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    Yes. Cloud will grow. No question. However, security is a big concern and there will be bumps along the way. Companies and consumers will put their mission critical and personal data on servers. Hackers and identity thieves will attack.
    marc.parsons@...
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    OK, IDC proves that they can make crazy predictions.
    lanicu
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    There are few issues such as: bandwidth caps, net neutrality, security, trust, SLAs, auditability, safe harbors, indeminification, legacy software and profitability of cloud models. There is also the core issue of defining what is meant by "cloud".
    lanicu
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    The cloud is still beta. Completely unsecure and run by developers instead of security experts. Someone's working with IDC and Gartner to push the cloud without getting all the pieces in place first.
    Rod@...
  • Trust the Cloud?

    Not only is security an issue, maintaining 100% access can also be a concern and direct access to your data for other operations can be difficult or not allowed. Work crews cut through a fiber optic cable and took out our WAN for 3 days. System integration involving multiple apps and venders is very difficult. And data-mining can be impossible. If not in a major centre the required band width requirements are costly.
    doug@...
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    Those who have expressed concerns about the security of the cloud are right on the money. This is why we created Jumpto. With Jumpto, the cloud, it's members, devices and data cannot be resolved by anyone on the public internet. For all intents and purposes a Jumpto created cloud is invisible to anyone but the authorized members. Check out <a href="http://www.jumpto.com" target="_blank" rel="nofollow">http://www.jumpto.com</a> and download the beta software. Let me know what you think.
    Jumpto
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    This is good stuff to know...is there any such prediction on the Private CLoud Numbers?
    Also, is there any breakdown in Regions/Technology available?
    MadhukarAnant
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    Well done! Thank you very much for professional templates and community edition
    <a href="http://www.yuregininsesi.com" title="seslichat">sesli chat</a> <a href="http://www.yuregininsesi.com" title="seslisohbet">sesli sohbet</a>
    talih
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    Thanks for sharing this information, keep up the good work. <a href="http://www.writinghelp.co.uk/essay/">essays</a> | <a href="http://www.writinghelp.co.uk/coursework/">Courseworks</a> | <a href="http://www.writinghelp.co.uk/assignment/">Assignments</a> | <a href="http://www.writinghelp.co.uk/dissertation/">Dissertations</a> | <a href="http://www.writinghelp.co.uk/thesis/">Theses</a>
    jasonhawk
  • RE: IDC: Public cloud market will hit $72.9 billion in 2015

    Cloud should remedy the security and privacy issues. Any one would always be skeptical about any privacy issues may it be personal or not like <a href="http://www.divorceinontario.ca">Ontario divorce</a> and <a href="http://www.childsupportcalculator.ca">Child Support Guidelines</a>. Security is also important because no one likes to get hacked and have their personal identity stolen <a href="http://www.similar.ca">similar</a> to those victims of online theft.
    stephay