Cloud Computing Statistics: How Big Is The Cloud Exactly?

May 23, 2011 6:53 am

Well we have heard many numbers floating around trying to size the cloud computing market: we have written about cloud computing market size ourselves. We spotted this today:

“The global cloud computing market will grow from $40.7 billion in 2011 to more than $241 billion in 2020, according to new Forrester forecast data reported in Sizing The Cloud by Stefan Ried, Ph.D. and Holger Kisker, Ph.D. Based on Forrester’s cloud market taxonomy, this new report outlines the different market dynamics for the three core layers of cloud computing – the public cloud, the virtual private cloud, and the private cloud. The total size of the public cloud market will grow from $25.5 billion in 2011 to $159.3 billion in 2020. The market for virtual private cloud solutions will grow from $7.5 billion in 2011 to $66.4 billion in 2020. The market for private cloud solutions will grow from $7.8 billion in 2011 to $15.9 billion in 2020.”

So how do we digest this number, 241 Billion by 2020? Lets try this: overall IT spending for 2011 is 3.6 Trillion. 241 Billion (although thats the projected spend for 2011) is some 6 percent of that. And why is this huge? Try this for scale: the world spent a grand total of 30.5 billion on operating systems last year. [Read Operating System Total Revenue Numbers]

Statistics Source: FastForwardBlog

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3 Comments for “Cloud Computing Statistics: How Big Is The Cloud Exactly?”

  1. [...] have written about cloud computing statistics before. We spotted this [...]

  2. [...] have written about Cloud computing statistics before – and cloud computing market [...]

  3. akhil

    can anybody provide me statistic data for cloud computing which should indicate cloude revenue and reduction in IT cost for customers.

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