Market Research Logo

Worldwide and Regional Public IT Cloud Services Forecast, 2018–2021

Worldwide and Regional Public IT Cloud Services Forecast, 2018–2021

This IDC study forecasts revenue for 20 major categories of public IT cloud services, at the worldwide level and within eight geographic regions. At the heart of this forecast is our view of the cloud as the essential foundation for the emerging second chapter of the 3rd Platform era, centered on "multiplied innovation." This chapter — extending over the next five years — will see a dramatically accelerated period of cloud-native digital innovation, built around increasingly distributed and optimized cloud platforms and ecosystems and leveraging cloud-based AI, blockchain, and hyperagile application technologies such as containers, functions, microservices app architectures, and API-based integration. According to IDC Chief Analyst Frank Gens, "In the next five years — what IDC calls the 'multiplied innovation' chapter of the 3rd Platform era — cloud adoption will surge as most developers leverage platforms and communities and use cloud-based AI, containers, functions, blockchain, and other key technologies to create and deploy as many applications on the cloud as prior generations deployed in the prior four decades. Enterprises that do not fully embrace the public cloud will be marginalized in this renaissance of digital innovation."

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Digital Transformation Will Remain the Strongest Business Driver for Cloud Adoption
Cloud's Growing Role as the Launchpad for Tech Innovation Will Attract Developers
Cloud Service Providers and Partners Will Strengthen Support for a Wider Variety of Enterprise Workloads and Deployment Scenarios
Lingering Worries About Security
Concerns About Vendor and Technology Lock-In and Interoperability
Significant Market Developments
Changes from Prior Forecast
Market Definition
Related Research

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report