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Business Spending for Cloud Computing and Managed Hosting to Surpass $13 Billion in 2014, Says In-StatSCOTTSDALE, AZ, Jan 20, 2011 (MARKETWIRE via COMTEX) -- Businesses are moving to the cloud, at least as far as their IT spending is concerned. A new In-Stat (www.in-stat.com) report forecasts cloud computing and managed hosting spending by US Businesses will surpass $13 billion in 2014, up from less than 3 billion. "Although spending across all sectors and size of business is projected to grow, there are some segments where growth will be staggering," says Greg Potter, Research Analyst. "The professional services and healthcare verticals will see the largest growth in spending on cloud computing services, growing over 124% between 2010 and 2014." CLICK HERE FOR GRAPH Additional report data includes: -- SaaS (software-as-a-service) spending will increase 112% between 2010 and 2014. -- IaaS (infrastructure-as-a-service) spending will approach $4 billion in 2014. -- PaaS (platform-as-a-service) spending will increase 113% to roughly $460 million in 2014. -- SOHO (small office/home office) businesses are leading in the adoption of cloud computing services. The In-Stat research, US Business Spending by Size of Business and Vertical, 2009-2014: Cloud Computing and Managed Hosting Services (#IN1004792VSMSE) provides forecasts of US business cloud computing and managed hosting spending for the 2009-2014 period with detailed segmentation by product category, size of business, and vertical market. Details include public cloud services: IaaS, PaaS, SaaS; co-Located services, and dedicated server services. Forecasts are broken into the following size-of-business segments and sub-segments: -- SOHO business (1 to 4 employees) -- Small business (5 to 9 employees, 10 to 19 employees, and 20 to 99 employees) -- Mid-sized business (100 to 499 employees and 500 to 999 employees) -- Enterprise (1,000 to 4,999 employees, 5,000 to 9,999 employees, and 10,000 or more employees) Forecasts are also broken down further into the following vertical markets: -- Administrative and support services, waste management -- Arts and entertainment -- Construction -- Education -- Finance and insurance -- Forestry, fishing, and agricultural services -- Government -- Healthcare and social services -- Hospitality and food -- Information and communication -- Management of companies and enterprises -- Manufacturing -- Mining -- Other services -- Professional services -- Real estate -- Retail trade -- Transportation -- Utilities -- Wholesale trade About In-Stat In-Stat's market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology vendors, equipment manufacturers, service providers and media companies worldwide rely on In-Stat to support critical business, product and technology decisions. Contact: Greg Potter Research Analyst Email: Email Contact Phone: (480) 483-4444 Rick Vogelei Marketing Manager Email: Email Contact Phone: (480) 483-4476 SOURCE: In-Stat http://www2.marketwire.com/mw/emailprcntct?id=80CD90AEED9821E5 http://www2.marketwire.com/mw/emailprcntct?id=A3D4AD75444761F9 |