TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US47350721

Worldwide Public Cloud Infrastructure as a Service Forecast, 2021–2025

By: Andrew SmithResearch Manager, Cloud Infrastructure Services, Dave McCarthyResearch Vice President, Cloud and Edge Infrastructure Services


This IDC study provides the worldwide public cloud infrastructure as a service (IaaS) market forecast for the 2021–2025 period. It also presents regional and technology segment forecasts.

"The public cloud IaaS market emerged from 2020 relatively unscathed, delivering over 30% annual growth," said Andrew Smith, research manager, Cloud Infrastructure Services at IDC. "We believe the cloud IaaS market remains incredibly well positioned to help enterprises achieve their data growth, digital business, and post-pandemic workload requirements. Therefore, we expect the market to maintain a healthy growth rate over the five-year forecast period, achieving a CAGR of 28.1%."



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