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Public IT cloud services: global market growth 2011-2021

Market growth forecast for public cloud services worldwide from 2011 to 2021**

Public IT cloud services: global market growth 2011-2021 This forecast shows the global market growth rate of public IT cloud services from 2011 to 2021. In 2018, the market is expected to grow by approximately 21 percent over 2017 levels. While the growth of cloud services is relatively rapid, it still represents a small percentage of the global IT services market, which was forecast to reach 1003 billion U.S. dollars in 2018.
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Market growth forecast for public cloud services worldwide from 2011 to 2021**

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This forecast shows the global market growth rate of public IT cloud services from 2011 to 2021. In 2018, the market is expected to grow by approximately 21 percent over 2017 levels. While the growth of cloud services is relatively rapid, it still represents a small percentage of the global IT services market, which was forecast to reach 1003 billion U.S. dollars in 2018.
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Release date
September 2018
Region
Worldwide
Survey time period
2011 to 2018
Supplementary notes
* Forecast
**The cloud advertising segment was removed from Gartner's public cloud services forecast segments starting from 2017. The 2017 growth rate is the result of comparing 2017 public cloud revenue to 2016 public cloud revenue excluding the cloud advertising segment.
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