In recent years h in cloud technology has become extremely popular and used by Companies of different sectors. The experts predict 17% increase in global cloud market services, 2020. Specifically, its analysts Gartner believe that spending on investing in these services will reach 266,4 billion (from 227,8 billion to 2019).
According to Gartner Vice President Sid Nag, cloud computing is prevalent today. This means companies are investing more in these services and spend more money. At the same time, however, the expectations of buyers (companies) over what the cloud can offer them.
According to Gartner 's analysis, software-as-a-service (SaaS) will continue to occupy the bulk of the market: SaaS is projected to reach 116 billion next year. At 2019, the cost was 99,5 billion dollars.
The second largest share is occupied by infrastructure-as-a-service (IaaS), which will reach 50 billions of dollars at 2020. According to experts, IaaS will show the highest growth rate, as a result of the "integration" of data centers.
Experts estimate that cloud computing is on their list top three areas, in which they will invest companies next year.
Gartner made the following statement: “As organizations rely more and more on this technology, IT teams are rushing to embrace the cloud applications and transfer to these existing digital ones data their".
However, as cloud usage grows, more and more companies will start offering such services and so competition will increase. The customers they may need help choosing between different vendors and applications.