Gartner: Public cloud market to grow 18.5% this year
Grazed from ComputerWorld. Author: Brandon Butler.
The global public cloud computing market will grow 18.5% in 2013 to $131 billion, up from $111 billion last year, research firm Gartner predicts. Through the next three years, cloud spending is predicted to total $677 billion, with almost half of that spending made up of cloud advertising.
While North America and Western Europe represent the two largest cloud computing markets, areas such as Asia/Pacific, Latin America and Eastern Europe represent smaller, but faster growing markets for cloud computing services. North America will be responsible for 59% of new cloud computing spending through 2016, with Western Europe accounting for 24%, Gartner says. The top segments of the cloud computing market this year break down as follows:…


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