Hybrid will be the most used cloud. IaaS and PaaS market will reach USD 55 billion by 2020
By 2020, a corporate ‘no-cloud’ policy will be as rare as one with a ‘no-internet’ policy today, according to Gartner.
Organisations had a shift from defensive no-cloud stance to Cloud-first and now more and more organisations will be cloud-only. As per Gartner more than 30% of the 100 largest vendors' new software investments will be shifted from cloud-first to cloud-only by 2019.
Gartner further suggested that not everything will be on cloud but there will be no corporate having nothing on cloud. As per Gartner, cloud will increasingly be the default option for software deployment and custom software.
Hybrid, as the report, will be the most common usage of the cloud — but this will require public cloud to be part of the overall strategy.
By 2020, more compute power will be sold by IaaS and PaaS cloud providers than sold and deployed into enterprise data centers, as per Gartner.
The IaaS market has been growing more than 40% in revenue per year since 2011 and is projected to continue to grow more than 25% per year through 2019.
By 2019, the majority of virtual machines (VMs) will be delivered by IaaS providers. By 2020, the revenue for compute IaaS and PaaS will exceed USD 55 billion — and likely pass the revenue for servers.