Worldwide Cloud System Software Forecast, 2024–2028
This IDC study provides a top-down sizing of the cloud system software market in 2023 and a 2024–2028 forecast for this market. Historical and forecast revenue data is shown for the total worldwide market. Cloud system software is a submarket of the software-defined compute (SDC) software functional market.According to Gary Chen, research director, IDC’s Software-Defined Compute, “As enterprises continue to modernize and adopt cloud operating models, traditional virtualization deployments continue to migrate to cloud system software.”
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Conversion of Traditional Server Virtualization to Private Cloud
Shift to Next-Generation Containerized and AI Applications
Inhibitors
Complexity of Private Cloud
Growth of Cloud Services
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates
Related Research
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook