In 2020, the global public cloud service market revenue totaled 312 billion US dollars, with a year-on-year growth of 24.1% From IDC

The following is the In 2020, the global public cloud service market revenue totaled 312 billion US dollars, with a year-on-year growth of 24.1% From IDC recommended by recordtrend.com. And this article belongs to the classification: IDC, cloud computing.

On May 17, 2021, IDC released the “global semi annual public cloud service tracking report”, which shows that the global public cloud service market will increase by 24.1% year on year in 2020, with a total revenue of 312 billion US dollars. The public cloud service market includes infrastructure as a service (IAAs), system infrastructure SaaS (sisaas), platform as a service (PAAS) and SaaS.

Spending will continue to consolidate in 2020, with the total revenue of the five major public cloud service providers (AWS, Microsoft, salesforce, Google and Oracle) accounting for 38% of the global total, up 32% year on year. Thanks to the expanding product portfolio of SAAS and sisaas, Microsoft now shares equally with AWS in the whole public cloud service market, accounting for 12.8% of last year’s revenue share.

“Access to shared infrastructure, data and application resources in the public cloud has played a key role in helping organizations and individuals cope with last year’s turmoil,” said Rick Villars, vice president of IDC global research group. In the next few years, the ability of enterprises to manage the increasingly large cloud service portfolio will become the basis for improving the automation level of business and it processes, and also becoming more digital elastic. “

Although the whole public cloud service market will soar by 24.1% in 2020, which is consistent with the performance of the past four years, the growth rate of IAAs and PAAS has been much faster. This highlights the growing dependence of enterprises on cloud infrastructure, software defined data, computing and governance solutions as services, and application deployment cloud native platform for enterprise it internal applications. IDC expects that due to the flexibility, flexibility and agility guiding it platform decision-making, the expenditure on basic cloud services (especially IAAs and PAAS) will continue to grow faster than the whole cloud market.

“Cloud service providers are rapidly expanding their portfolio of infrastructure and platform services to support scenarios such as confidential computing, performance intensive computing and hybrid deployment,” said Dave McCarthy, vice president of cloud and edge infrastructure services. Extending these basic cloud services to customer sites and communication networks can bring more extensive use scenarios than before. “

“PAAS, IAAs and sisaas together account for about half of the public cloud services market, and their rapid growth reflects the market’s need for solutions that accelerate and automate the development and delivery of modern applications,” said Lara greden, director of PAAS research. As many organizations adopt the Devops approach and adjust to the value stream, we see PAAS, IAAs, and sisaas solutions being adopted more and more. At the same time, the scope of services is expanding, so the value they provide increases. Innovation in edge and Internet of things applications also helps these markets to accelerate growth. “

Frank della Rosa, director of SAAS and cloud software research, said: “SaaS applications are the largest and most mature segment of the public cloud, with revenue of $148 billion in 2020. Organizations from all walks of life are speeding up the replacement of legacy business applications with a number of new SaaS applications, which have the advantages of data-driven, intuitive interface, composability, and are very suitable for distributed Cloud Architecture. Organizations looking for industry-specific applications can choose from a growing number of vertical applications. The SaaS application market is dominated by long tail vendors, who account for 65% of the total market. “

Global public cloud service revenue and year-on-year growth in 2020 (revenue in billions of US dollars)

Source: IDC “global semi annual public cloud service tracking report”, the second half of 2020

From the results of market segmentation, the total expenditure of IAAs, sisaas and PAAS is very important, because it represents the basic services used by end customers and SaaS companies to run, update, build and manage applications on shared public cloud. In the combined IAAs, sisaas and PAAS markets, the top five companies (AWS, Microsoft, Google, alicloud and IBM) account for more than 51% of global revenue. However, there is still a healthy long tail, accounting for nearly half of the total market. These companies have targeted PAAS services for specific use situations or cross cloud computing, data or network governance services. The long tail is more obvious in SaaS, where customers are increasingly focused on specific results, which ensures that more than two-thirds of the spending goes to providers outside the top five companies.       

The market size of IAAs + sisaas + PAAS is 164 billion US dollars (about 1058.2 billion RMB)

AWS has a market share of 24.1% and revenue of 255 billion yuan;

Microsoft’s market share is 16.6%, and its revenue is 175.7 billion yuan;

Google’s market share is 4.2%, and its revenue is 44.4 billion yuan;

Alibaba cloud has a market share of 3.7% and a revenue of 39.2 billion yuan;

IBM has a market share of 2.8% and a revenue of 29.6 billion yuan.

The market size of SaaS applications is US $148.4 billion (about RMB 957.6 billion)

The market share of salesforce is 9.3%, and the revenue is 89.1 billion yuan;

Microsoft’s market share is 8.7%, and its revenue is 83.3 billion yuan;

Sap has a market share of 4.7% and revenue of 45 billion yuan;

Oracle’s market share is 4%, and its revenue is 38.3 billion yuan;

Google has a market share of 3.8% and a revenue of 36.4 billion yuan.

IDC’s “global semi annual public cloud service tracking report” gives the size of the whole market and the share of suppliers in more than 70 segments of the global public cloud service market. The measurement of the tracking report is public cloud service revenue, which includes IAAs, system infrastructure SaaS (sisaas), PAAS and SaaS subscription revenue. The tracking report introduces 500 cloud service companies in 49 countries or regions around the world. The annual five-year Market Forecast of the tracking report is updated every six months, including the five-year annual market forecast. The forecast is divided into three parts: global, regional and country / region.

Gartner: mature Asia Pacific public cloud service market in 2016 $8.11 billion IDC: China’s public cloud service market in 2014 reached $717 million IDC: China’s public cloud IAAs market share in the first half of 2017 Alibaba cloud’s share expanded to 47.6% IDC: forecast 2020 global network security related hardware, software IDC: it is estimated that the big data technology and service market in the Asia Pacific region will reach US $2.38 billion in 2017 IDC: it is predicted that the global big data related hardware, software and service market will reach US $187.84 billion in 2020 IDC Japan: the scale of Japan’s public cloud service market will reach US $6 billion in 2018, 66.3 billion yen canalys: Q4 China’s public cloud service market report in 2019 Alibaba cloud’s share rises to 46.4% Gartner: the total value of global IAAs public cloud service will reach US $44.5 billion in 2019, with a year-on-year growth of 37.3% Gartner: IAAs public cloud service market share in 2015-2016 synergy research: Q2 data center infrastructure revenue will reach US $30 billion in 2017, with a 35% growth in public cloud market Global cloud infrastructure revenue exceeds $70 billion synergy: Q4 global public cloud service market has exceeded $7 billion in 2016 IDC: it is estimated that the scale of Japan’s public cloud connected WAN service market will reach 21.5 billion yen in 2022 synergy research: Q3 cloud service expenditure will increase by 28% in 2020

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.