target audience: TECH SUPPLIER  Publication date: Sep 2023 - Document type: Market Forecast - Doc  Document number: # US49244723

Worldwide Cloud System Software Forecast, 2023–2027

By:  Gary Chen Loading

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Abstract


This IDC study provides a top-down sizing of the cloud system software market in 2022 and a 2023– 2027 forecast for this market. Historical and forecast revenue data is shown for the total worldwide market. Cloud system software is a submarket of the software-defined compute (SDC) software functional market.

According to Gary Chen, research director, IDC's Software-Defined Compute, "Cloud system software is the infrastructure foundation for cloud. As enterprises continue to modernize and drive toward cloud operating models, traditional virtualization deployments continue to migrate to cloud system software."



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