Today, the International Data Corporation (IDC) released the results of its Worldwide Semiannual Public Cloud Services Tracker. The analyst firm reported that public cloud services revenue reached $45.7 billion in 2013, with an expected CAGR of 23% through 2018. For those of you not familiar with the IDC Cloud Services Tracker, it monitors the top 80 public cloud service providers across 8 segments worldwide. Today’s results cover the two main components of the public cloud services market: Cloud Software and Cloud Infrastructure.
Cloud Software led the way in 2013 with an 84% share of the public market, according to IDC. For the IDC tracker, Cloud Software included the revenue from SaaS and PaaS applications. On the SaaS side, Salesforce led the way with its CRM software, followed by Intuit and ADP. IDC also reported that this sub segment of the Cloud Software market was driven by ERM solutions, followed by CRM and Collaboration applications. On the PaaS side, leading applications were based in the Integration and Process Automation categories, led by Amazon.com with Microsoft and Salesforce tied for second in 2013 revenue.
Cloud Infrastructure, on the other hand, makes up the remaining 16% of the Cloud Services market, with the primary “product” being IaaS. Going a bit further into the IaaS segment, the top two markets are Basic Storage and Server services. It should come as no surprise that, according to IDC, Amazon.com is leading the IaaS segment with over 40% of the market share. Rackspace, IBM, CenturyLink and Microsoft round out the top 5 in this category.
IDC also gave a brief overview of the current Cloud Market share broken down by region. As of today’s report, the US holds nearly 68% of the market, followed by Western Europe (19%) and the rest of the world, holding about 5% each. What I found most interesting, however, was IDC’s prediction for the future of the global share. Particularly, that the US share is expected to drop to 59% of market share, while Western Europe will grow to 23%, and the rest of the world will rise to make up the difference.
This actually mirrors what Harry saw on his current worldwide tour: International IT Pros and their customers are hungry for cloud-based technologies, and they are adopting these technologies at a higher rate than ever. IDC reps even commented that the growing need for data control and a richer customer experience are becoming key in today’s business success strategy.
Check out more on this report at: http://www.idc.com/tracker/showproductinfo.jsp?prod_id=881
