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Cloud compute services market to hit $68.4 bn in 2020

Cloud compute services market to hit $68.4 bn in 2020

Wednesday, April 5, 2017, 5:16 PM

Global Cloud compute services market is expected to grow from $23.3 billion in 2016 to reach $68.4 billion in 2020 and 90% of organizations will adopt hybrid infrastructure management capabilities, market research firm Gartner predicted. Traditional data centre outsourcing (DCO) spending is expected to decline from $55.1 billion in 2016 to $45.2 billion in 2020.
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