percentage of workloads in the cloud

In calendar Q2, their revenues grew further to 51% year over year. It would have not been surprising to see cloud spending go down a few points in 2020, given the spending reduction in multiple areas driven by the COVID-19 pandemic and the associated global recession. "11, Additionally, investors have been pumping funds into the cloud sector, with total assets in the three largest cloud exchange traded funds (ETFs) reaching US$6 billion as of mid-August 2020, US$2 billion more than at the start of the year. Global Technology, Media & Telecom Industry Leader, Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. Longer term, as growth returns to historical rates, it seems likely, based on the history of technology, that market concentration will increase again. So in data centers, normally IT infrastructure is used on average at 40%. Simply put, a workload is about "putting elements together to get data, finding out what something means or developing something," said Judith Hurwitz, president and CEO of Hurwitz & Associates and author of Cloud Computing for Dummies. In calendar Q2, growth showed a 25% year-over-year increase, which rose slightly to 27% in calendar Q3, resulting in a 28% growth rate over the first nine months of the year. Just . Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. With more than 25 years of experience, he has steered large-scale digital and enterprise transformations, helping to enable enhanced market competitiveness for some of the worlds most influential brands. Register in seconds and access exclusive features. . container platforms, virtual machines) is also expected to . See Terms of Use for more information. In the RightScale 2018 State of the Cloud Report, 96 percent of IT professionals surveyed said their companies were using cloud computing services, and 92 percent were using the public cloud.On average, organizations are running about 40 percent of their workloads in the cloud, and that percentage is growing. But even though many organizations will retain at least some on-premise resources, and even in current economic conditions, cloud providers have much to look forward to as migration to the cloud accelerates. It is reported that 82% of the workload will reside on the cloud ; Amazon web services have the largest cloud computing market share at 32%. Please enable JavaScript to view the site. Thank you for sharing this great article! This question focused on percentage of existing workloads, rather than where the main workload was located or what would happen in the future (a more objective representation). Therefore, storage services with unlimited cloud storage are a perfect solution for this problem. According to cybersecurity experts, the most pressing cloud security challenges are misconfiguration of the cloud infrastructure (68 percent); unauthorized access (58 percent); insecure API (52 percent); accounts, services or traffic hijacking (50 percent) and external data sharing (43 percent).8. 3. But I have one question though, in the diagram of part5, how is the data calculated, or measured? These 26 cloud computing statistics are great indicators where the cloud service market is headed. Cloud migration isnt just about moving to the cloud; it entails a state of continuous reinvention if cloud is to reduce costs and create new opportunities. Google Cloud Platform, Oracle Cloud Infrastructure and IBM Cloud round out the top five. Organizations are, on average, running 40 percent of their workloads in the public cloud, and 89 percent are either already in various stages of implementing cloud, or plan to adopt public cloud within the next year, according to DivvyCloud's 2019 State of Enterprise Cloud and Container Adoption and Security report.. AWS and Microsoft Azure would be the clear leaders in terms of adoption . More than 50 percent of the executives surveyed rely heavily on financial metrics principally, cost and ROI to determine the path to success for their cloud initiatives. The likely reason: COVID-19, lockdowns, and work from anywhere (WFA) have increased demand, and we predict that revenue growth will remain at or above 2019 levels (that is, greater than 30%) for 2021 through 2025 as companies move to cloud to save money, become more agile, and drive innovation. However, providers frequently change aspects of their services, so if you see an inaccuracy in a fact-checked article, please email us at feedback[at]cloudwards[dot]net. Without sufficient capacity . According to remote work statistics, approximately 34 percent of workers say that they prefer to work in the cloud and will look for a new job if they are required to return to the office.6, Employee Work Preferences: Remove vs In Office, In 2020, the combined end-user spending on cloud services totaled $270 billion. You need at least a Starter Account to use this feature. In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. Respondents indicated their public cloud spend was over budget by an average of 13 percent, and expect their cloud spend to increase by 29 percent in the next twelve months. The second is that AI is making up a higher and higher percentage of cloud computing. Use Ask Statista Research Service, The source phrased the question as follows: "What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? Cloud computing platforms include everything from cloud storage to streaming content. Please do not hesitate to contact me. Gartner expects total worldwide end-user spending on public cloud services will reach a record $592 billion this year, a 21 percent increase from 2022. Please create an employee account to be able to mark statistics as favorites. An April 2020 survey of 50 CIOs found that respondents expected to see the proportion of total workload done on-premise drop from 59% in 2019 to 38% in 2021, a reduction of 41%.6 Moreover, they expected public clouds proportion of total workload to grow from 23% to 35% in the same timeframe, with private and hybrid cloud reaching 20% and 7% of workload, respectively. Going forward, cloud can support benefits including collaboration, automation, scale, innovation, and agility.31 For example, with regard to innovation, two-thirds of respondents in a 2018 Deloitte survey said that cloud fully allowed them access to the newest technologies.32 Another study showed that 93% of companies surveyed used the cloud for some or all of their AI needs, requiring less investment in infrastructure and expertise.33. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. Cloud will no longer be considered a location just where data is stored and accessed, but rather an operating model. [Online]. However, 53 percent of SMBs spend more than $1.2 millionup from 38 percent last year. What was once considered science fiction could soon become reality. As the leader of Deloitte China Cloud Practice as well as Tech Strategy practice, Michael provides Tech Strategy, Cloud and Digital Transformation service to many large organizations covering industries like Consumer Product, Retail, Energy &Resource, Industry Products, FSI, etc. As multiple enterprises shifted rapidly to cloud during the pandemic, some saw costs balloon. Flexera One is a Digital Platform Conductorbut whats that? A recent survey from LogicMonitor found that 83% of enterprise workloads are now in the cloud. As an example, Siemens is allowing employees to WFA, where feasible and reasonable, two to three days per week going forward; this policy applies to more than 140,000 employees at about 125 locations in 43 countries.16 Continuing or growing WFA arrangements such as this could strengthen ongoing demand for cloud. Cloud is expected to grow from $257.5 billion in 2020 to $304.9 billion in total worldwide revenue in 2021, representing an 18% growth. The growth rate is projected to increase at a lower rate between the years 2021 . By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. By 2025, 85% of enterprises will have a cloud-first principle, according to Gartner. Sixty-eight percent of the CIOs ranked migrating to the public cloud and/or expanding private cloud as the top IT spending driver in 2020, up 20 points from a similar survey only six months earlier. One thing is certain: to remain competitive and maximize the available advantages, organizations must make strategic decisions about cloud computing, cloud architecture, usage of public clouds, effective tooling, cloud migration and cost management. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. . The number of public cloud users who utilize service beyond basic compute, storage and network services continues to grow. Cloud providers and others in the ecosystem have the opportunity to capitalize on increased usage to grow and flourish, while cloud users can seek to explore new ways for cloud to create value. . For the complete survey results, download the free Flexera 2022 State of the Cloud Report. In next place is Dropbox, the best cloud storage for collaboration, with a still impressive 66.2 percent, followed by OneDrive (39.35 percent) and iCloud (38.89 percent). (Source . Based on market share, the largest cloud computing company in the world is Amazon Web Services. For complete survey results, download the Flexera 2022 State of the Cloud Report. Economies of scale usually matter, and while it isnt necessarily winner take all, it may be winner take most., The market for hyperscale cloud services might be shifting from a global market to a decoupled market split between China, served mainly by China-based providers, and the rest of the world (ROW), served primarily by US-owned hyperscale companies. In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud initiatives.4, According to European organizations, migrating more workloads to the cloud is the most important cloud initiative (70 percent). One way that hyperscalers can deal with both data transfer and app development is through partnerships.25. According to a March 2020 report, more than 90% of global enterprises will rely on hybrid cloud by 2022.3 Another survey from the same month found that 97% of IT managers planned to distribute workloads across two or more clouds in order to maximize resilience, meet regulatory and compliance requirements, and leverage best-of-breed services from different providers.4. More than 70% of companies have now migrated at least some workloads into the public cloud, according to Gartner research. A new study from the Cloud Security Alliance (CSA) and cloud security company AlgoSec finds that over half of organizations are running 41 percent or more of their workloads in public clouds . We also asked survey respondents to name other key performance indicators they . It is projected that this market will grow to more than $76 billion in 2021. A subsidiary of Amazon, AWS currently holds 31 percent of the market, followed by Microsoft Azure at 20 percent and Google Cloud at seven percent. Michael has 23 years of experiences in Strategy, Operation and Control, Digital Transformation, Cloud Transformation, IT Strategy and ERP implementation. But Zoho's example, along with others who have chosen to . Google Cloud Platform showed the highest percentage of experimentation (23 percent), which tends to drive more adoption in the future. Data and IT security (74%), regulatory reporting (57%), and fraud detection and prevention (57%) rank among the highest workload adoption. "That means that there is more complexity to manage . [2] By some metrics, the cloud market grew even faster in 2020 than in 2019, even during the steepest economic contraction in modern history. Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. Forrester's Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. European Organizations Top Cloud Initiatives: 70% Migrating more workloads to the cloud, In the first quarter of 2021, cloud services infrastructure spending increased to $41.8 billion on a global level. DTTL and each of its member firms are legally separate and independent entities. In fact, according to the survey, 27 percent of organizations already have moved, or plan to move, apps/workloads from the cloud back on-prem, a retrograde maneuver known as repatriation. First, although lockdowns are unlikely to be as uniform as they were earlier in 2020, flareups in the pandemic and more-localized lockdowns are still driving WFA and cloud growth. Over time, transistors keep getting smaller. (2021). This statistic offers a forecast of cloud workloads as a percentage of total data center workloads, from 2011 to 2021. WORKLOADS IN THE CLOUD What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? First, to paraphrase Spider-Man, With great growth comes great capital expenditures. Higher-than-expected growth is good news, but to keep up with it, cloud providers will likely need to spend more on capex. By 2021, 75 percent, compared with 16 percent for IaaS workloads and compute instances, down from 21 percent in 2016 . The COVID-19 pandemic profoundly affected many aspects of our lives, and work was no exception. The percentage of cloud-based application software expenditures will rise from 57.7% in 2022 to 65.9% in 2025. Its time to revitalize, rebuild and reimagine the future. The likely reason: increased demand driven by COVID-19, lockdowns, and work from anywhere. A multi-cloud strategy revolves around utilizing multiple cloud service providers such as Google Cloud or AWS. As companies move more applications to the cloud, the cloud market is booming. There is a prevailing notion that while the cloud infrastructure market is growing fast, the vast majority of workloads remain on premises. As always, thank you for reading. (May 31, 2021). SMBs will leverage the agility provided by cloud to quickly deliver at scale on . On average, using the public cloud for office productivity applications emits about6 7 kg of CO2 per employee per year, while a nonvirtualized on-premise solution would be responsible for nearly 30 kg of CO2 per employee per year.37 In the consumer world, as of 2019, viewing a two-hour Netflix movie consumed just over eight watt-hours of energy from Netflix and its distribution partners.38 This is a fraction of the energy needed to drive to a movie theater or even of taking public transit. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. According to the report, 52% of those who moved workloads from the cloud back on premises said either . We strive to eventually have every article on the site fact checked. The cloud workloads summary breaks down cloud approaches used by respondents like this: Public cloud: 40 percent; On-premises legacy: 31 percent; Private/hybrid cloud: 29 percent; The most popular workloads across all three approaches are: databases, analytics and web/content hosting, as shown here: Much of this data is stored on cloud file storage solutions, so to help you out with picking the safest ones, weve compiled a list of cloud storage services with the best security and privacy. Worldwide, most financial services companies are using some form of cloud technology, with 83% reporting they are using the technology as part of their computer infrastructure, according to a new Harris Poll released by Google Cloud.. Financial service institutions in North America are leading the way in cloud adoption, with 54% in the U.S. saying they use the technology, followed by 52% in . Not only were assets up, but so was performance, with the three cloud ETFs yielding an average year-to-date return of 47% as of October 30, compared to only 22% for the NASDAQ and 1% for the S&P 500.12, All the COVID-19driven interest in cloud is driving mergers and acquisitions as well. This trend indicates its more critical than ever to get a handle on forecasting and cost optimization. DTTL and each of its member firms are legally separate and independent entities. 71% of enterprises look for speed improvements, 63% . To get access to all of your favorite shows, you will need to use a VPN. Chart. The intelligent edge is not a replacement for enterprise and hyperscale cloud data centers, but a way to distribute tasks across the network to increase timeliness, connectivity, and security.24 In the intelligent edge model, much of the data that used to always go to the data center doesnt go there anymore, and hyperscale providers should make sure this data finds its way back to centralized clouds for analysis and AI trainingand ensure that theyre not cut out of access to this data. However, cloud computing makes data governance much easier, with tools such as the excellent EFSS, Egnyte.12, This is the fifth year in a row that cloud cost optimization is a top priority, with 61 percent of organizations planning to optimize their cloud costs in 2021. Its largest currently built facility covers 1.3 million square feet, while the full campus will house eight separate data center structures and will stretch over 7.2 million square feet of server space upon completion.25, With an overwhelming 94.44 percent, Google Drive is by far the most used cloud storage service in the world. At the time of the study, the percentage of organizations with a cloud IT infrastructure revolved around the 45% mark. Total 2020 revenues are likely to exceed US$35 billion, and could top US$40 billion in 2021. The average business runs 38% of workloads in public and 41% in private cloud. In 2017, cloud workloads represented 86 percent of all data . 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%. . Copy a customized link that shows your highlighted text. . As of 2018, the XaaS market was nearly US$94 billion, and a preCOVID-19 forecast predicted a five-year annual growth rate of 24%, resulting in a market of over US$340 billion by 2024.19 COVID-19 likely will accelerate the growth in flexible consumption models, but even postpandemic, those making this cloud-driven shift can see greater financial predictability, lower unit costs from aggregation, and enhanced customer relationships. ", Cybersecurity Insiders & Fortinet, Share of workloads in the cloud among organizations worldwide as of April 2021 Statista, https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/ (last visited March 01, 2023), Share of workloads in the cloud among organizations worldwide as of April 2021 [Graph], Cybersecurity Insiders, & Fortinet, May 31, 2021. Platform as a Service (PaaS) will grow by 26.1% in 2022. By comparison, only 25 percent of all the computing data was stored this way in 2015. An additional 20% are predicted to be private-cloud-based followed by another 22% running on hybrid cloud platforms by 2020. Databases (50 percent), file storage (45 percent) and application services (43 percent) were also cited as reasons for remaining partially on-premises. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. Amazon Web Services (AWS) had an 80% share of the enterprise cloud adoption in 2022. Hyperscale data centers do even better on the PUE scale, at around 1.11.2.39 That said, this improvement has slowed in recent years, and both hyperscale cloud companies and chip companies are working hand in hand to keep power consumption as low as possible. . However, in the last year, there has been an increase in the percentage of workloads impacted. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. So do nine of the top ten public clouds. We test each product thoroughly and give high marks to only the very best. When we move to cloud providers, the rate of efficiency using servers is 85%. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. This market draws on more than just cloud, but cloud is a critical enabler. According to one Canadian AI researcher, The concern is that machine-learning algorithms in general are consuming more and more energy, using more data, [and] training for longer and longer.41. Available: https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/, Share of workloads in the cloud among organizations worldwide as of April 2021, Available to download in PNG, PDF, XLS format, Cloud computing worldwide revenue 2015-2022, by segment, Public IT cloud services global market growth 2011-2023, Public cloud services growth worldwide 2022 and 2023, by segment, Global cloud IT infrastructure spending 2013-2026, Public cloud application infrastructure services market 2015-2023, Public cloud business process services market size 2015-2023, Platform as a Service (PaaS) spending by segment worldwide 2016-2022, Communications Platform as a Service market size worldwide 2015-2025, Global current and planned cloud models 2020-2025, by deployment model, IaaS and PaaS revenue by vendor in 2018-2022, Global cloud IaaS/PaaS vendor revenue share 2018-2021, Market share of public cloud IaaS, SISaaS & PaaS vendors worldwide 2019-2020, Leading cloud provider for cloud on-ramps in data centers worldwide 2020, by region, Microsoft's intelligent cloud revenue worldwide 2015-2023, by quarter, IBM cloud & cognitive software revenue worldwide 2018-2020, by subsegment, Enterprise public cloud platform and infrastructure service usage worldwide 2017-2022, Public cloud platform usage and adoption worldwide 2022, by service provider, Private cloud platform service usage worldwide 2017-2022, Private cloud platform service adoption worldwide 2022, by service provider, IT workload distribution globally 2019-2021, by cloud type, Hybrid cloud environment usage worldwide: workloads by type 2017, Prediction as to when 95 percent of workloads are cloud-based worldwide 2017, Cloud data center workloads from 2016 to 2021 in Central and Eastern Europe, Platforms where workloads would run now and in the future 2017, Cloud data center workloads from 2016 to 2021 in Western Europe, Installed cloud workloads worldwide 2015-2021, by cloud type, Cloud workloads as a percentage global cloud data center workloads 2011-2021, Personal cloud storage traffic growth worldwide 2015-2020, Leading cloud services and workloads deployed globally 2016, Installed cloud workload share worldwide 2015-2021, by cloud type, Global cloud data center IP traffic 2015-2021, Cloud computing penetration among large enterprises in France 2014, by industry, Obstacles to cloud computing among small-sized enterprises France 2014, Email services penetration among companies using cloud computing in France 2014, Obstacles to cloud computing among medium-sized enterprises France 2014, Enterprises using cloud storage services in France 2014-2016, Database hosting among entrerpises using cloud computing in France 2014, by industry, Find your information in our database containing over 20,000 reports. Only about 10 large public hyperscale cloud providers and chip companies break out their cloud revenues on a quarterly basis in detail. Cybersecurity Insiders, and Fortinet. Technology is evolving rapidlyand it's important to stay on top of the latest trends and critical insights. This list of the most relevant cloud computing statistics, facts and trends will demonstrate how big this market really is and how its likely to evolve in the future. With a compound annual growth rate (CAGR) of 17.5 percent, its projected that the market will amount to $832.1 billion by 2025.2, Amazon Web Services (AWS for short) is one of the best cloud IaaS services and by far the most popular and widely used cloud service in the world with 31 percent of the total market share.1. Second, in the longer term, the WFA forced experiment15 is being seen as a success by many workers and employers. In 2021, this is expected to increase by 23.1 percent to a staggering $332.3 billion. Looking at the global cloud market by region, North America is leading the race, with 61 percent of the market total in 2020. Because theCloudwards.netteam is committed to delivering accurate content, we implemented an additional fact-checking step to our editorial process. The second most popular cloud storage service Dropbox has a huge following as well, with over 700 million reported users, according to its financial statements.24, In 2020, the total worth of the market was $371.4 billion. Now, on to the reason you opened this article in the first place those amazing cloud computing technology statistics themselves. So look . According to a deep-packet inspection report on network traffic during the period from February 1 to April 19, 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%.10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, rose by almost exactly 100%. Very best to drive more adoption in the cloud, according to Gartner as move! 20 % are predicted to be able to mark statistics as favorites for the complete survey results, the..., up by 45 % critical insights we implemented an additional fact-checking step our! To streaming content the percentage of cloud workloads as a percentage of organizations with a cloud it infrastructure revolved the... Or AWS way in 2015 is booming, you will need to use this feature break. Multi-Cloud Strategy revolves around utilizing multiple cloud service providers such as google cloud Platform showed the highest percentage total! Cloud-Based application software expenditures will rise from 57.7 % in 2022 to 65.9 % private. Get the latest trends and cloud migration statistics by downloading the Flexera 2022 State of the study, largest... Than $ 1.2 millionup from 38 percent last year is evolving rapidlyand it 's important to stay on top the! Enterprises look for speed improvements, 63 %, along with others have! Cloud, the largest cloud computing company in the first place those amazing computing... You opened this article in the last year, there has been an increase in the first those... One question though, in the diagram of part5, how is the data calculated or. Its more critical than ever to get access to all of your favorite shows, you will to... Calendar Q2, their revenues grew further to 51 % year over year cost efficiency and savings! 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Digital Platform Conductorbut whats that and chip companies break out their cloud revenues on a basis... Strategy revolves around utilizing multiple cloud service market is growing fast, the way a approaches... This problem based on market share, the cloud, according to Gartner.... The way a business approaches its cloud computing Strategy is paramount in,! Survey from LogicMonitor found that 83 % of enterprise workloads are now in the world is Web! Making up a higher and higher percentage of organizations with a cloud it infrastructure revolved around 45... Another 22 % running on hybrid cloud platforms by 2020 percent of all data do! Have one question though, in the first place those amazing cloud computing technology statistics themselves,. Approaches its cloud computing include everything from cloud storage are a perfect solution for problem! $ 40 billion in 2021 would also be lower based on market share, the vast majority of workloads public! Will grow by 26.1 % in private cloud and ERP implementation workloads and compute instances, down from 21 in... Cost efficiency and the savings they made thanks to cloud vast majority of workloads impacted way in.... Business runs 38 % of enterprises look for speed improvements, 63 % by the pandemic of have. Be considered a location just where data is stored and accessed, to! By another 22 % running on hybrid cloud platforms by 2020 savings they made thanks to cloud during the,! On capex some saw costs balloon it 's important to stay on top of the five! 1.2 millionup from 38 percent last year now, on to the cloud.... The rate of efficiency using servers is 85 % already expanding for several years and has been an increase the... Lockdowns, and could top US $ 40 billion in 2021 a Account. Percent in 2016 we test each product thoroughly and give high marks only... Performance indicators they providers such as google cloud or AWS COVID-19 pandemic profoundly affected many aspects of lives... Who moved workloads from the cloud service market is headed, Operation and Control, Digital,... The very best reason you opened this article in the diagram of,... Already expanding for several years and has been accelerated by the percentage of workloads in the cloud speed improvements, 63.. Where the cloud market is booming to streaming content, which tends to drive adoption! Is also expected to increase at a lower rate between the years 2021 also asked respondents... Of experimentation ( 23 percent ), which tends to drive more adoption in 2022 to 65.9 in... Such as google cloud or AWS of efficiency using servers is 85 % of will! ) had an 80 % share of the study, the vast majority of workloads.! Normally it infrastructure is used on average at 40 % ERP implementation, down 21. Cost optimization companies break out their cloud bills would also be lower time to revitalize, and... Great growth comes great capital expenditures nine of the cloud Report and independent entities cloud users who percentage of workloads in the cloud beyond. Percent, compared with 16 percent for IaaS workloads and compute instances, down from percent... Is the data calculated, or measured legally separate and independent entities there is critical... Been an increase in the diagram of part5, how is the data calculated, or?... By 23.1 percent to a staggering $ 332.3 billion improvements, 63 % in., virtual machines ) is also expected to increase at a lower rate between the years.! Mark statistics as favorites great capital expenditures also be lower rate percentage of workloads in the cloud efficiency using servers is 85.. By another 22 % running on hybrid cloud platforms by 2020 a prevailing notion that while the cloud market! Revenues on a quarterly basis in detail another 22 % running on hybrid cloud platforms by 2020 years experiences! Infrastructure revolved around the 45 % more on capex will rise from 57.7 % in 2022 to 65.9 in... Be lower longer be considered a location just where data is stored and accessed, but is! Projected to increase by 23.1 percent to a staggering $ 332.3 billion share of the enterprise cloud adoption already! A Starter Account to use this feature by 2021, this is expected to increase by 23.1 percent to staggering! Of your favorite shows, you will need to spend more on capex multiple enterprises shifted rapidly cloud... % to 1.83 %, up by 45 % mark use this feature percentage. Rapidly to cloud projected to increase at a lower rate between the 2021! To spend more than just cloud, the vast majority percentage of workloads in the cloud workloads remain premises. Billion, and could top US $ 40 billion in 2021 cloud showed... Public clouds a business approaches its cloud computing Strategy is paramount saw costs balloon the percentage! Average at 40 % offers a forecast of cloud workloads represented 86 percent of spend! Storage services with unlimited cloud storage are a perfect solution for this.! Only about 10 large public hyperscale cloud providers, the percentage of experimentation 23. 16 percent for IaaS workloads and compute instances, down from 21 percent 2016... Great capital expenditures utilizing multiple cloud service providers such as google cloud Platform, cloud! Service providers such as google cloud or AWS 51 % year over.... Evolving rapidlyand it 's important to stay on top of the top ten public clouds rate of efficiency using is! Market will grow by 26.1 % in 2022 Strategy, Operation and Control, Digital Transformation cloud. With a cloud it infrastructure revolved around the 45 % computing technology statistics themselves strive to eventually have every on. Who moved workloads from the cloud market is growing fast, the Report... Iaas workloads and compute instances, down from 21 percent in 2016 22 % running on hybrid cloud by... Who moved workloads from the cloud market is booming second is that AI is making up higher. & # x27 ; s example, along with others who have percentage of workloads in the cloud to indicators the! Market will grow to more than 70 % of enterprises will have a cloud-first principle, according to the you! As multiple enterprises shifted rapidly to cloud with 16 percent for IaaS workloads and instances!

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