Abstract

This IDC study identifies the variety of cloud-related (i.e., "whole cloud") opportunities available for the 2020–2024 period, including, but encompassing, much more than the public cloud services market.

"By the end of 2021, based on lessons learned in the pandemic, most enterprises will put a mechanism in place to accelerate their shift to cloud-centric digital infrastructure and application services twice as fast as before the pandemic. Spending on cloud services, the hardware and software components underpinning cloud services, and the professional and managed services opportunities around cloud services will surpass $1 trillion in 2024." — Rick Villars, group vice president, Worldwide Research at IDC


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