Worldwide Software as a Service and Cloud Software Forecast, 2016–2020
This IDC study examines the SaaS and cloud software markets for 2013–2020. Worldwide market sizing is provided with 2015 as the base year and with a five-year growth forecast for 2016–2020."For years, IDC has talked about cloud transformation as an opportunity and a challenge for all major IT product vendors," says Benjamin McGrath, senior research analyst, SaaS and Business Models at IDC. "Today, figuring out how to capitalize on cloud is becoming a little less of an opportunity and a little more of a requirement, but it is still relatively early days in cloud. The high projections for growth of cloud software reflect a market that remains dynamic."
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