Research institutions: the global public cloud market size exceeded $230 billion last year, twice that of 2016
[techweb] on August 19, according to foreign media reports, cloud computing is playing an increasingly important role in the production and operation of enterprises, and the scale of cloud computing market is also expanding. According to the report of research institutions, the scale of global public cloud market exceeded 230 billion US dollars last year, a significant increase compared with the same period last year, which is double that of 2016. < / P > < p > according to the report of research institutions, the global public cloud market, including infrastructure as a service (IAAs), platform as a service (PAAS) and software as a service (SaaS), will reach 233.4 billion US dollars in 2019, an increase of US $48.2 billion compared with US $185.2 billion in 2018, a year-on-year increase of 26%. < / P > < p > from the data of research institutions, in the three areas of the public cloud market, the largest share is still software as a service, with a scale of 148.5 billion US dollars last year, a year-on-year increase of 19.8%, and in 2018 it was $123.9 billion. However, in terms of year-on-year growth rates, infrastructure as a service and platform as a service are much higher, with the former’s scale of US $49 billion last year, up 38.4% from US $35.4 billion in 2018; the latter’s scale was US $35.9 billion, up 38.8% from US $25.8 billion in 2018. In terms of market size, the global public cloud market last year was twice as large as that in 2016, according to the Research Institute. The overall scale of infrastructure as a service and platform as a service is nearly three times that of 2016.
