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Cloud Computing Forecast Roundup

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Cloud Computing will become the bulk of new IT spend by 2016

Source: Gartner, 2013

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Worldwide cloud-based security services market to be worth $3.1 billion in 2015

Source: Gartner, 2013

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Public IT cloud services are expected to be more than $107 billion in 2017

Source: IDC, 2013

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The total economic impact of cloud technology could be $1.7 trillion to $6.2 trillion by 2025

Source: McKinsey & Company, 2013

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The global cloud services market is predicted to be worth$9.6B in 2013, attaining a 24.8% CAGR through 2018

Source: IDC, 2013

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SaaS is a $15 billion market, growing at 3 times the rate of traditional software

Source: Boston Consulting Group, 2013

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In the next 5 years, enterprises will spend $921 billion on public cloud services

Source: Gartner, 2013

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The Asia-Pacific cloud computing market will grow from $6.9B in 2013 to $31.9B in 2020

Source: Forrester, 2013

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Find out how to align your IT strategy with the futurecisco.com/go/cloud #CiscoCloud #FutureOfCloud

Source: Forbes “Roundup of Cloud Computing Forecasts Update, 2013”, November 16 2013