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Global public cloud end user spending will grow by 23% in 2021 From Gartner

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According to Gartner’s latest forecast, the global end-user’s expenditure on public cloud services is expected to increase by 23.1% in 2021, reaching US $332.3 billion, higher than US $270 billion in 2020.

Sid nag, vice president of research at Gartner, said: “last year’s events helped CIOs overcome the hassle of moving critical workloads from local to cloud computing. Even without a pandemic, the demand for data centers will be reduced. Emerging technologies such as containerization, virtualization, and edge computing are becoming more and more mainstream and driving additional cloud computing spending. In short, the epidemic has multiplied the interest of CIOs in cloud computing. “

Despite the adverse macroeconomic factors, the products supporting or providing public cloud services are experiencing tremendous growth. Software as a service (SaaS) is still the largest branch market, and is expected to reach $122.6 billion in 2021, because the demand for composable applications requires different types of SaaS experiences.

Infrastructure as a service (IAAs) and desktop as a service (DAAS) will achieve the highest growth of 38.5% and 67.7% in 2021, respectively, as CIOs are under pressure to scale up their infrastructure to support the transfer of complex workloads to the cloud and meet the needs of a mixed workforce.

As companies mobilize for large-scale global production and distribution of new coronavirus vaccines, SaaS based applications are crucial for basic tasks such as automation and supply chain. These applications demonstrate the reliability of extended vaccine management, which in turn will help CIOs further validate the ongoing shift to cloud computing.

Read more: Gartner: global IT spending will reach $3.9 trillion in 2020 Gartner: India’s public cloud spending is expected to reach $4.1 billion in 2021, up 29% year on year Mobile advertising spending reaches 41.9 billion Gartner: wearable device user spending will reach 52 billion US dollars in 2020 Gartner: global IT spending will reach 4 trillion US dollars in 2021 Gartner: global mobile advertising spending is expected to reach 18 billion US dollars in 2013 Gartner: global mobile advertising spending will reach 18 billion US dollars in 2014 synergy research: Data Center hardware and software spending will reach 150 billion US dollars in 2018 canal s: In the first quarter of 2020, the expenditure on cloud services will reach US $31 billion, with a year-on-year growth of 34%. Gartner: affected by coronavirus, semiconductor revenue will drop by 0.9% in 2020. Gartner: the global public cloud service market will grow by 21.4% in 2018. Gartner: the expenditure on infrastructure hardware of Indian data center will reach US $2.7 billion in 2018

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