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Worldwide Whole Cloud Forecast, 2023–2027: Cloud Is the Critical Support Enabling the AI Everywhere Era

Publisher IDC
Published Dec 19, 2023
Length 21 Pages
SKU # IDC18395974

Description

Worldwide Whole Cloud Forecast, 2023–2027: Cloud Is the Critical Support Enabling the AI Everywhere Era


This IDC study compiles data from several other IDC cloud-related forecasts and trackers and uses definitions consistent with those other forecasts to provide a perspective on both the total portion of major IT sectors that are influenced by cloud in all its forms and the breakdown of spending on cloud-based services (as a service), the managed and professional services needed to deploy and govern cloud resources (services), and the hardware, software, and support services required to build and maintain cloud environments (cloud supply chain). It also discusses how economic and geopolitical conditions as well as the growing importance of AI (triggered by the emergence of GenAI) will affect enterprises' cloud consumption and management practices."Despite economic headwinds that affected growth rates in specific cloud markets in 2023, businesses accelerated their shift to cloud as an operating model and delivery platform, a clear demonstration of the agility promised by cloud providers. IDC expects enterprises' pivot to focusing on the effective use of AI, triggered by the current exploration of GenAI, in business transformation will further accelerate the shift to cloud as the foundation technology platform for rapid innovation and scale." — Rick Villars, group vice president, Worldwide Research at IDC

Please Note: Extended description available upon request.

Table of Contents

21 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Artificial Intelligence/Machine Learning Adoption and Scaling
Data Growth and Modern Data Environments
Inhibitors
Security and Data Sovereignty
Operational Efficiencies
Significant Market Developments
Economic Downturn
Cloud Partnerships Ease Enterprise Support
Public Cloud Providers Are Addressing Digital Sovereignty Requirements
Ongoing Market Consolidation
Enablers of AI/ML and GenAI
Ecosystem and Best of Breed Continue to Define Customer Buying Expectations for Cloud Services
Changes from Prior Forecast
As a Service
Services
Cloud Supply Chain
Market Definition
As a Service
Services
Cloud Supply Chain
Methodology
Related Research

Pricing

Currency Rates
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