Worldwide Public Cloud Infrastructure as a Service Forecast, 2023–2027

IDC Market Forecast Figure

• Figure: Worldwide Public Cloud Infrastructure as a Service Revenue Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

• Table: Worldwide Public Cloud IaaS Revenue, 2022–2027: Current Currency and Constant Currency ($M)

• Table: Worldwide Public Cloud IaaS Revenue by Compute and Storage, 2022–2027 ($M)

• Figure: Worldwide Public Cloud IaaS Compute Revenue by Segment, 2022–2027

• Figure: Worldwide Public Cloud IaaS Storage Revenue by Segment, 2022–2027

• Table: Worldwide Public Cloud IaaS Revenue by Region, 2022–2027 ($M)

Market Context

• Drivers and Inhibitors

• Drivers

• AI/ML Adoption and Scaling

• Data Growth and Need for Data Security

• Continued Expansion of New Compute Architectures

• Inhibitors

• Price Reduction of Core Infrastructure Services

• Workload Movement and Cloud "Repatriation"

• Significant Market Developments

• Cloud Partnerships Ease Enterprise Support

• Public Cloud Providers Are Addressing Digital Sovereignty Requirements

• Relentless Enterprise Data Growth

• Ongoing Market Consolidation

• Changes from Prior Forecast

• Table: Worldwide Public Cloud IaaS Revenue, 2018–2027: Comparison of August 2022 and July 2023 Forecasts ($M)

• Figure: Worldwide Public Cloud IaaS Revenue, 2018–2027: Comparison of August 2022 and July 2023 Forecasts

Market Definition

• Attributes That Define an IT Public Cloud Service

• Table: Attributes of IT Cloud Services

Methodology

• Historical and Forecast Market Values and Exchange Rates

• Table: Exchange Rates, 2018–2027

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