The Scale of Cloud Computing Industry

Cloud computing technology has attracted more and more attention from people and companies. According to the collected data, the global cloud service market was about 131.7 billion US dollars in 2013. In 2014, the global cloud service market was about 154.79 billion US dollars. The figure for 2017 reached 244.2 billion US dollars. By 2020, the global cloud computing market has risen to 390 billion US dollars. According to the forecast, the cloud service market will maintain a growth rate of at least 15% in the next few years.

There are many subdivided areas in the global cloud computing market structure. SaaS is the largest segment. IaaS has the fastest market growth.

According to the materials, the market size of SaaS is two times larger than that of IaaS and PaaS combined.

From another perspective, the annual growth rates of the three are 45.2%, 28.8% and 24.4%. This means that the market size of IaaS and PaaS is likely to exceed that of SaaS. In addition, this growth will continue.

What is the regional distribution of the global cloud computing market? At present, developed countries dominate the cloud service market. Such as Europe and the United States. The United States and Western Europe account for 50% and 23.5% of this market. China's market share is 4%. But it has been on the rise in recent years.

Several factors will restrict the development of cloud computing technology. The levels of national application of information technology, economic development and ICT industry development.

Many world-renowned enterprises have public their cloud deployment plans. IT departments of many enterprises have extensive use of cloud services.

The cost and expenditure of purchasing cloud services are uncertain. In the process of using cloud computing, many enterprises pay close attention to the following aspects. They are data portability, ownership, data control upgrade and backup time. In addition, they have certain demands for the cloud computing software. The software should be of great compatibility and sureness.

Many people may think that only Internet companies use cloud computing. In fact, cloud computing technology are infiltrating many traditional industries.

Many traditional industries have chosen cloud computing. They choose it as an important support carrier for future strategic shift and construction. Such as banking, insurance and manufacture.

The application of cloud computing is shifting. It shifts from the new Internet industry to major traditional industries. This change shows that the cloud computing industry is penetrating into various fields. The penetrating happens in a wide range. At the same time, the product iteration and upgrade cloud computing are developing. The scale of cloud computing will achieve greater growth in the future. This will change the way enterprises calculate their data step by step.