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Gartner’s latest forecast reveals that worldwide end-user spending on public cloud services is expected to grow 20.7 per cent to total US$591.8 billion in 2023, up from US$490.3 billion in 2022. This is higher than the 18.8 per cent growth forecast for 2022. “Current inflationary pressures and macroeconomic conditions are having a push and pull
This is expected to grow further to USD 5.62 billion in 2022, Gartner said in a statement. The continued trend of increased remote workers in 2021, will lead to an increase in spending on desktop-as-a-service (DaaS) and infrastructure-as-a-service (IaaS). These segments are forecast to grow 47.7 per cent (to USD 73 million) and 52.2 per cent (to USD 1.44 billion), respectively. Indian chief information officers (CIOs) saw the benefits of cloud during the first wave of the pandemic in 2020, Gartner research vice president Sid Nag said. "To build business resilience and minimize the impact...