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Public Cloud Services Spending is Being Driven by Enterprise Applications Solutions, According to IDCFRAMINGHAM, Mass. --(Business Wire)-- International Data Corporation (IDC) today released the latest results from the Worldwide Semiannual Public Cloud Services Tracker. For 2013, worldwide public cloud services revenue reached a total of $45.7 billion and IDC expects this market to grow at a compound annual growth rate (CAGR) of 23% through 2018. "Data provides the edge to companies that can leverage their information for competitive advantage, through new products and services or an enriched customer experience. Software for data management, data access, and collaborative information sharing continues to lead the growth in the overall software industry," said Frank Gens, Senior Vice President and Chief Analyst at IDC. Two product groups comprise the total public cloud services market in IDC's software taxonomy: Cloud Software and Cloud Infrastructure. Cloud Software spending represented almost 86% of the total public cloud services market in 2013 while Cloud Infrastructure held the remaining 14%. The Cloud Software market includes two product categories: Software-as-a-Service (SaaS (News - Alert)) and Platform-as-a-Service (PaaS).
The Cloud Infrastructure product group is comprised by only one product category: Infrastructure-as-a-Service (IaaS), which at the same time is comprised by two markets, Server and Basic Storage. The top 5 vendors in this market are Amazon.com, which holds the first position with more than 40% of market share, RackSpace, IBM, CenturyLink (News - Alert), and Microsoft. On a regional basis, the United States holds almost 68% of the market, which is much more than what it holds for traditional technologies. Western Europe holds 19% and the rest of the regions hold 5% or less each. By 2018, IDC forecasts that the U.S. share will drop to 59% while Western Europe will grow to 23% of market share. Emerging regions are also expected to grow above worldwide average.
In addition to the table above, an interactive graphic showing regional public cloud services revenues and 2013-2018 CAGR is available here. The chart is intended for public use in online news articles and social media. Instructions on how to embed this graphic can be found by viewing this press release on IDC.com. IDC's Worldwide Semiannual Public Cloud Services Tracker provides total market size and service provider share for the 19 segments of the global public cloud market. The Tracker covers the top 80 public cloud services providers across a total of eight regional markets. Historical market size, service provider share, and forecasts are updated on a semiannual basis. For more information about IDC's Worldwide Semiannual Public Cloud Services Tracker, please contact Kathy Nagamine at 650-350-6423 or [email protected]. About IDC Trackers IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app, available at iTunes, allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad. About IDC International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. In 2014, IDC celebrates its 50th anniversary of providing strategic insights to help clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com. All product and company names may be trademarks or registered trademarks of their respective holders.
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