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Cloud services to reach $374 billion in 2022, as AI and machine learning integrations flourishMay 04, 2018The off-premises cloud service market is expected to reach $374 billion in 2022, at a five-year compound annual growth rate (CAGR) of 17.7 percent.
Cloud services a $343 billion market by 2021; AI and ML adoption continuesNovember 16, 2017In the first half of 2017 (H1 2017), global revenue for off-premises cloud services — including CaaS, IaaS, PaaS and SaaS — grew 26 percent year over year to reach $72 billion.