Worldwide Storage for Public and Private Cloud Forecast, 2016-2020
This IDC study forecasts the storage systems, software, and services spending on public and private cloud deployments over the five-year period from 2016 to 2020. It also presents an overview of the key trends, opportunities, and challenges in this market."Spending on cloud deployments still represents under half of all storage spending on systems, software, and services by organizations," said Deepak Mohan, research director, Public Cloud Storage Services and Infrastructure. "But the growth of public and private cloud and the evolving needs of organizations adopting cloud are top factors driving change in the storage industry. Incumbent storage vendors need to manage the delicate balance of maintaining focus on noncloud environments, while in parallel building out offerings to address emerging needs for cloud deployment infrastructure and operations."
Please Note: Extended description available upon request.