Post by account_disabled on Dec 20, 2023 4:27:27 GMT
Protect it all with your firewall and security solutions . Public Cloud A cloud is public when the provider provides access to its data center infrastructure . The provider is responsible for management, maintenance, security and updates. Hybrid Cloud A cloud is hybrid when you choose to use a mix of public and private cloud solutions. You are responsible for managing the interaction between the two services, in particular for the security of data passage between public and private cloud configurations. The cloud computing market is huge. New data from Synergy Research Group , covering seven key segments of the cloud services and infrastructure market, operators and vendors, sees revenues exceeding $150 billion for the first half of 2019.
That's 24% growth over the year previous. As big as the cloud market has become, there is enormous Buy Bulk SMS Service room for expansion. Especially when you consider that Gartner predicts global IT spending of $3.79 trillion in 2019. Cloud market growth and segment leader Cloud Market Growth and Segment Leader (Image Source: Synergy.com) Looking in detail at the segments that make up the cloud market, public cloud solutions make up the majority. This aligns closely with RightScale 's 2019 State of the Cloud report. According to this report, 91% of companies said they used a public cloud service, 72% opted for a private cloud solution, and 69 % chose a hybrid solution. Based on IDC projections, worldwide spending on public cloud services and infrastructure is expected to double over the next five years.
It's not surprising when you think about how many benefits come from cloud computing . Growth is expected to rise from $229 billion in 2019 to nearly $500 billion by 2023, at a five-year compound annual growth rate (CAGR). The IDC report identifies SaaS as the category attracting more than half of all government cloud spending during the forecast period. IaaS is listed as the second largest and fastest growing category with an expected five-year CAGR of 32.0%. PaaS is the lowest spending category, with the second highest five-year CAGR of 29.9%. For a more detailed analysis of the public cloud market we must turn to alternative research and reports. Insight into SaaS Public Cloud Market Share Software as a Service is the most mature public cloud market showing healthy growth.
That's 24% growth over the year previous. As big as the cloud market has become, there is enormous Buy Bulk SMS Service room for expansion. Especially when you consider that Gartner predicts global IT spending of $3.79 trillion in 2019. Cloud market growth and segment leader Cloud Market Growth and Segment Leader (Image Source: Synergy.com) Looking in detail at the segments that make up the cloud market, public cloud solutions make up the majority. This aligns closely with RightScale 's 2019 State of the Cloud report. According to this report, 91% of companies said they used a public cloud service, 72% opted for a private cloud solution, and 69 % chose a hybrid solution. Based on IDC projections, worldwide spending on public cloud services and infrastructure is expected to double over the next five years.
It's not surprising when you think about how many benefits come from cloud computing . Growth is expected to rise from $229 billion in 2019 to nearly $500 billion by 2023, at a five-year compound annual growth rate (CAGR). The IDC report identifies SaaS as the category attracting more than half of all government cloud spending during the forecast period. IaaS is listed as the second largest and fastest growing category with an expected five-year CAGR of 32.0%. PaaS is the lowest spending category, with the second highest five-year CAGR of 29.9%. For a more detailed analysis of the public cloud market we must turn to alternative research and reports. Insight into SaaS Public Cloud Market Share Software as a Service is the most mature public cloud market showing healthy growth.