On a geographic basis, the United States leads by a very large margin in terms of industry cloud adoption across the three aforementioned industries combined. It’s expected to reach 73 percent of worldwide spend in 2017, followed by Western Europe at 12 percent.
The hyperscale datacenters operated by cloud service providers are dramatically altering the market for infrastructure hardware and software. By 2021, cloud service providers will account for 76 percent of cloud-related infrastructure hardware and software spending.
“Cloud native technologies are continuing to expand into all sizes of companies and at a greater scale in production. While companies are growing their usage of containers in all facets of their development cycle, they’re also adding new cloud native technologies that complement Kubernetes to their technology stack.”
While demand from cloud computing service providers has driven overall market performance in the past, other areas of the server market are beginning to show growth. Worldwide server shipments increased 11.1 percent year over year to 2.67 million units in 3Q17.
Frost & Sullivan finds that the global market for healthcare cloud computing — revenue generated by cloud computing services offered to providers — will be worth almost $10 billion by 2021, primarily driven by the need to store the exponentially increasing volume of healthcare data.
Why are savvy CIOs and CTOs so focused on Hybrid IT infrastructure solutions? More enterprises are moving to hybrid and multi-cloud environments. According 451 Research, the cloud services market will reach $53.3 billion in 2021, that up from $28.1 billion this year.