Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

2016 Review Shows $148 billion Cloud Market Growing at 25% Annually

Marketwired Wednesday, 4 January 2017
RENO, NV--(Marketwired - Jan 4, 2017) - New data from Synergy Research Group shows that across six key cloud services and infrastructure market segments, operator and vendor revenues for the four quarters ending September 2016 reached $148 billion, having grown by 25% on an annualized basis. IaaS & PaaS services had the highest growth rate at 53%, followed by hosted private cloud infrastructure services at 35% and enterprise SaaS at 34%. 2016 was notable as the year in which spend on cloud services overtook spend on cloud infrastructure hardware and software. In aggregate cloud service markets are now growing three times more quickly than cloud infrastructure hardware and software. Companies that featured the most prominently among the 2016 market segment leaders were Amazon/AWS, Microsoft, HPE, Cisco, IBM, Salesforce and Dell EMC.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

You Might Like


Recent related news

$10 Billion Cloud Security and Vulnerability Technologies Markets, 2022

DUBLIN, November 2, 2017 /PRNewswire/ -- The "Cloud Security and Vulnerability Technologies: Global Markets" report has been added to Research and Markets'...
FinanzNachrichten.de - Markets

Microsoft up in the clouds on first-quarter earnings beat

Better-than-expected first quarter earnings helped push Microsoft Corporation (NASDAQ:MSFT) shares more than 4% higher in after-hours trade early on Friday...
Proactive Investors - BusinessAlso reported by •Softpedia

Healthcare Cloud Computing Market to Reach US$ 7791.4 Million by 2025 - Persistence Market Research

NEW YORK, November 1, 2017 /PRNewswire/ -- Global Market Study on Healthcare Cloud Computing: Private Cloud Anticipated to Remain the Most Attractive Deployment...
FinanzNachrichten.de - MarketsAlso reported by •WorldNews

Molson Coors US Q3 sales fall 5% in 'challenging market conditions'

Molson Coors Brewing Co. saw its U.S. sales fall by more than 5 percent in the third quarter, as the company faced what it called "challenging market...
bizjournals - Business

Reply Ranked N. 1 as Public Cloud Provider: Cloud Computing Provider and Service Provider Study by Crisp Research

Reply Ranked N. 1 as Public Cloud Provider: Cloud Computing Provider and Service Provider Study by Crisp Research
LONDON--(BUSINESS WIRE)--Reply, specializing in the development and introduction of solutions based on new communication channels and digital media, has been...
Business Wire - Press Releases

Hong Kong’s ‘cloud’ services market heats up with Tencent expansion

Chinese internet giant Tencent Holdings is expected to heat up the market for so-called cloud computing services in Hong Kong, following the launch of its own...
S.China Morning Post - Business

IBM Launches Private Cloud to Ease Public Cloud Transition

IBM Launches Private Cloud to Ease Public Cloud Transition
IBM has announced IBM Cloud Private, a software platform that allows enterprise customers to run applications and store critical data in an on-premises, private...
E-Commerce Times - InternetAlso reported by •betanews

Cloud server provider Wiwynn to list on Taiwan stock market

Wiwynn, a cloud server subsidiary of Wistron, plans to strengthen its financial capability by listing its shares on Taiwan's Emerging Stock Board in mid-November...
DigiTimes - Computer Industry


Other recent news in Press Releases

Rapid Recovery Opens Third FLORIDA Location in Ft. LauderdaleSpeedcast and UltiSat Partner to Deliver Connectivity for PUERTO RICO Hurricane Relief Efforts
EA SPORTS UFC 3 Revealed With UFC® Lightweight Champion Conor McGregor as the Official Global Cover AthleteBloom Properties to Target Indian Investors at Dubai Property Show in MUMBAI
Slovakia Telecoms, Mobile and, BROADBAND Statistics and Analyses 2017 - Research and MarketsPHILADELPHIA Fusion Players and Coaches Unveiled
Merry Maids Shares Stress-Busting Speed Cleaning Tips for HOLIDAYSAVANGRID to Present at the 52nd Annual EDISON Electric Institute Financial Conference
First Clinical Data from Combination of X4P-001-IO and Keytruda® (pembrolizumab) in Patients with Melanoma Will Be Presented at the Society for IMMUNOTHERAPY of Cancer (SITC) Annual MeetingWorldRemit Customers Can Now Send Remittances Directly to BANK ACCOUNTS in Hungary

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+