2016 Review Shows $148 Billion Cloud Market Growing at 25% Annually

New data from Synergy Research Group shows that across six key cloud services and infrastructure market segments, operator and vendor revenues for the four quarters ending September 2016 reached $148 billion, having grown by 25% on an annualized basis. IaaS & PaaS services had the highest growth rate at 53%, followed by hosted private cloud infrastructure services at 35% and enterprise SaaS at 34%.

Read the source article at Data Center Magazine

Categories: Fiber, Market Trends

Leave a Reply