Cloud Service Provider Market to Reach $200 billion by 2018, Led by Google, IBM, Amazon -Infonetics

Cloud Service Provider Market to Reach $200 billion by 2018, Led by Google, IBM, Amazon -Infonetics Image Credit: Infonetics

Infonetics Research forecasts the off-premises cloud services market to reach over $200 billion in 2018, with Software as a service (SaaS) representing more than 2/5 of all off-premise cloud service revenue through 2018. The leading market research firm lined up Google as the market share leader for Cloud as a Service (CaaS) and Platform as a Service (PaaS), while IBM ranking first for the Software as a Service (SaaS) and Amazon taking the top spot for the Infrastrcuture as a Service (IaaS) segment.

Infonetics via its Cloud Services for IT Infrastructure and Applications cloud services report provides detailed analysis of the off-premises cloud services market, which consists of applications and computing infrastructure delivered from a cloud service provider's (CSP) data center.  

Cliff Grossner, Ph.D. Directing Analyst for Data Center, Cloud, and SDN at Infonetics Research
We continue to see new tools to automate data centers and technology for developers appear in the market, driving innovation around cloud as a service (CaaS) and platform as a service (PaaS), the revenue growth engines for off-premises cloud services. The move to hybrid cloud architectures fuels the adoption of CaaS as enterprises migrate their on-premises data centers to a cloud architecture, where servers, storage, and networks are virtualized and applications are automatically deployed by data center orchestration software.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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