Worldwide Public Cloud IaaS and PaaS Workloads Forecast, 2023–2027
This IDC study presents the worldwide public cloud IaaS and PaaS workloads market revenue for 2023–2027. "The public cloud workloads market attained 28.8% annual growth in 2022," said Jasdeep Singh, research manager, Cloud Infrastructure Service at IDC. "IDC believes all workload segments will continue to grow at double-digit rates, with AI and analytics workloads driving significantly faster expansion than others."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Artificial Intelligence/Machine Learning Adoption and Scaling
- Data Growth and Modern Data Environments
- Inhibitors
- Workload Movement and Cloud "Repatriation"
- Security and Data Sovereignty
- Significant Market Developments
- Cloud Partnerships Ease Enterprise Support
- Public Cloud Providers Are Addressing Digital Sovereignty Requirements
- Relentless Enterprise Data Growth
- Ongoing Market Consolidation
- Enablers of AI/ML and GenAI
- Developers Enabled to Work with Data Seamlessly
- Ecosystem and Best of Breed Continue to Define Customer Buying Expectations for Cloud Platform/PaaS Services
- Changes from Prior Forecast
- Market Definition
- Attributes That Define an IT Cloud Service
- Workloads Definition
- Methodology
- Related Research
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