Enterprise cloud revenue to hit $31.9b by 2017: report

Staff writer
06 Feb 2013
00:00

The worldwide market for enterprise cloud-based services will grow from $18.3 billion in 2012 to $31.9 billion in 2017, a report said.

According to a report from Analysys Mason, the year-on-year growth rate will be 17% in 2013, but will decrease during the next five years as the size of the cloud services market increases overall.

Software-as-a-service (SaaS) accounted for 66% of revenue in 2012, while 33% was related to infrastructure-as-a-service (IaaS). This revenue split will change during the next five years, as the share of revenue from IaaS increases to 43% by 2017, the report said.

Analysys Mason’s recently publishedEnterprise cloud services: worldwide forecast 2012–2017 covers SaaS and IaaS.

The enterprise public cloud services market continues to grow, but at a slower overall rate than in our previous forecast, particularly in developed countries.

“We define ‘public cloud services’ as the provision of applications or infrastructure in a hosted, multi-tenancy model, where pricing is generally structured as a recurring charge. This slowing of growth is the result of difficult economic conditions worldwide and slower-than-anticipated adoption of new IT technology by both large and small enterprises,” said Steve Hilton, principal analyst at Analysys Mason.

In developed countries, revenue from enterprise cloud services will increase from $17.0 billion in 2012 to $28.7 billion in 2017, at a CAGR of 11%. In emerging markets, revenue from such services will remain far smaller, increasing from $1.2 billion in 2012 to $3.2 billion in 2017, at a CAGR of 20.9%.

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