Analytics firm IDC has prepared a forecast that looks at the revenue of providers of public cloud services by segment. In this forecast, in particular, it is expected that the Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) segments in 2025 will bring providers together $ 400 billion.
This forecast assumes 28.8% CAGR for the IaaS and PaaS segments from 2021 to 2025.
According to analysts, the largest segments of the workload by revenue share will be application development and testing, analytics and structured data management. Analytics and unstructured data management and media streaming will be the leaders in terms of growth. In these segments, the average annual growth rate will be 41.9% and 41.2%, respectively.
“Enterprise spending on public cloud infrastructure continues to grow faster than traditional IT infrastructure segments,” said Andrew Smith, research manager for Cloud Infrastructure Services. – We expect double-digit growth across all workload segments – slightly more in some than others – as enterprises move out of 2020 and continue to prioritize workload migration and modernization using public cloud infrastructure “.
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