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Market Research Report

Worldwide Whole Cloud Forecast, 2020-2024

Published by IDC Product code 966145
Published Content info 17 Pages
Delivery time: 1-2 business days
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Worldwide Whole Cloud Forecast, 2020-2024
Published: October 12, 2020 Content info: 17 Pages
Description

This IDC study identifies the variety of cloud-related (i.e., "whole cloud") opportunities available for the 2020-2024 period, including, but encompassing, much more than the public cloud services market."By the end of 2021, based on lessons learned in the pandemic, most enterprises will put a mechanism in place to accelerate their shift to cloud-centric digital infrastructure and application services twice as fast as before the pandemic. Spending on cloud services, the hardware and software components underpinning cloud services, and the professional and managed services opportunities around cloud services will surpass $1 trillion in 2024." - Rick Villars, group vice president, Worldwide Research at IDC

Table of Contents
Product Code: US46020420

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • The Ecosystem of Tech Companies Supporting Cloud Environments Continues to Rapidly Expand
      • Consumption-Based IT
      • Cloud, Analytics, Mobile, and Social Business-Related Software Adoption Rates
      • Organizational Support for Change Implicit in Digital Transformation
      • Connected (Hybrid) Clouds Operations
    • Inhibitors
      • Data Security
      • COVID-19 Supply Chain Delays and Demand Contraction
  • Significant Market Developments
    • Public Cloud Services
    • Cloud-Related Professional Services
    • Managed Cloud Services
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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