The report titled ‘Sizing The Cloud’
Ried (Principal Analyst, Forrester) and Holger Kisker (Sr. Analyst,
Forrester), outlines the different market dynamics for three core
layers of cloud computing — the public cloud, the virtual
private cloud, and the private cloud — and determine the
current and future size of these markets. By 2020, It estimates the
public cloud market size at USD 159.3B (USD 25.5B in 2011), the
virtual private cloud market at USD 66.4B (USD 7.5B in 2011), and
the private cloud market at USD 15.9B (USD 7.8B in 2011).
The report, however, warns technology vendors to build business
plans using realistic assumptions as some cloud markets will face
significant commoditization, and other markets are still very young
with low market adoption.
Explaining the rationale behind this exhaustive forecast, Ried
and Kisker note, “With cloud computing attracting huge public
attention, technology vendor strategists are under pressure to
craft solid business plans for cloud market success. But to tap
into sustainable and profitable revenue growth, they first need to
understand the complexities and dynamics of this heterogeneous,
rapidly evolving market space. And this report helps them precisely
understand and quantify the future of cloud computing.”
The report foresees cloud computing to evolve into a significant
contributor to the size and growth of the tech industry overall,
and identifies the long-term market forces that will primarily fuel
this growth in the coming years.
"Disclaimer Note: "InformationWeek India and UBM India do not endorse, and have not verified the views and claims expressed in this vendor Press Release."