4 minute read. To learn more, visit our Privacy Policy. “Cloud underpins the push to digital business, which remains at the top of CIOs’ agendas,” said Sid Nag, research vice president at Gartner. We use cookies to deliver the best possible experience on our website. Nag. Public cloud services serve as the one bright spot in the outlook for IT spending in 2020. meghan.rimol@gartner.com. In Q2 2020, global cloud infrastructure service revenues amounted to just over $30 billion, bringing the total for the past twelve months to $111 billion. According to Gartner research, “the ERP software market grew 10 per cent to a global market value of $35 billion in 2018”1. Analysis According to a Gartner report, the top five IaaS (Infrastructure as a service) cloud providers have increased their share of the global market to nearly 77 per cent, up from under 73 per cent in 2017.. For the remainder of 2020, organizations that expand remote work functionality will prioritize collaboration software, mobile device management, distance learning educational solutions and security, as well as the infrastructure to scale to support increased capacity.”. October 7, 2020. For the database market, 2020 has accelerated shifts that were already transforming the industry: not merely moving to the cloud, but toward fully managed services from providers who can satisfy a wide array of advanced customer needs and use … Among other challenges, COVID-19 has dramatically changed the way the world lives and works. Gartner This year has been like no other in memory. Note: Totals may not add up due to rounding. SEATTLE – AUGUST 20, 2020 – ExtraHop, today announced that in less than three years it has the third highest global market share by revenue in 2019 in the Network Detection and Response (NDR) segment, according to Gartner's Market Share: Enterprise Network Equipment Market Share Worldwide, 2020*. Desktop as a service (DaaS) is expected to have the most significant growth in 2020, increasing 95.4% to $1.2 billion. Learn more about how to lead organizations through the disruption of coronavirus in the Gartner coronavirus resource center, a collection of complimentary Gartner research and webinars to help organizations respond, manage and prepare for the rapid spread and global impact of COVID-19. Gartner Research on Market Share: Enterprise Public Cloud Services, Worldwide, 2019 Table 1. Reset Your Business Strategy Amid COVID-19. “There will be a continued push of cloud spending as an outcome of the coronavirus pandemic,” said Mr. To learn more, visit our Privacy Policy. Box (News - Alert) (NYSE:BOX), a leader in cloud content management, announced today that it has once again been named a Leader in the 2020 Gartner Magic Quadrant for Content Services Platforms 1.As part of a highly competitive market, Box was one of 18 vendors considered for this achievement. UPDATED 13:48 EST / SEPTEMBER 04 2020. ©2020 Gartner, Inc. and/or its affiliates. This is a market that continues to change and grow at speed. Gartner The dominant IaaS provider in China, Alibaba Cloud, grew 62.4% in 2019 with revenue surpassing $4 billion, up from $2.5 billion in 2018. As of October 2020, Canalys reports that the worldwide cloud market grew 33% this quarter to $36.5 billion. An industry that is forecasted by Gartner to continue to soar – at the end of 2018 global cloud revenue accounted for USD$196.7 billion, at the end of 2019, it accounted for USD$227.8 billion, is expected to reach USD$266.4 billion in 2020, and USD$354.6 billion in 2022. And that growth shows no sign of slowing. Gartner predicts that the SaaS cloud application services market will consistently constitute at least one-third of the total public cloud revenue share for the next four years. Gartner Magic Quadrant for Contact Center as a Service, 9 November 2020, Steve Blood, Drew Kraus, Pri Rathnayake. Learn more about how to prioritize cost initiatives by business outcome with the Gartner Cost Optimization Framework. katie.costello@gartner.com, Meghan Rimol Although shipments of smartphones to the channel recovered somewhat in the third quarter of 2020, that hasn't necessarily translated into sales. Download a complimentary copy of the report here.For further perspective on the cloud database market, visit the Redis Labs blog.. 1 Gartner, "2020 Magic Quadrant for Cloud … Software as a service (SaaS) remains the largest market segment and is forecast to grow to $104.7 billion in 2020 (see Table 1). The worldwide CIPS market grew 42.3% in 2019 to total $63.4 billion, up from $44.6 billion in 2018. We are a trusted advisor and an objective resource for more than 14,000 enterprises in more than 100 countries — across all major functions, in every industry and enterprise size. Gartner forecasts that the ERP market will be worth $44 billion by 20222. Google’s IaaS revenue grew from $1.3 billion in 2018 to $2.4 billion in 2019, experiencing 80.1% growth. The company's DBMS has seen a … The worldwide public cloud services market is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019, according to Gartner, Inc. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, reaching a compound annual growth rate (CAGR) of 12.6%. This is creating a market where service providers cannot train and certify people quickly enough to satisfy the need for skilled cloud professionals. But don’t take our word for it – Gartner’s most recent market share report for Database Platform as a Service (Market Share: Enterprise Public Cloud Services, Worldwide, 2019) shows that AWS market share of 55% is over 10% more than the combined market share of the other 15 participants in the Magic Quadrant for Cloud Databases. Amazon continued to lead the worldwide IaaS market with an estimated $20 billion of revenue in 2019 and 45% of the total market (see Table 1). 2020 Gartner Magic Quadrant for Cloud DBMS. In 2020 alone, the SaaS market will likely reach over $140 billion in revenue this year. ... Click to share on LinkedIn (Opens in new window) Click to share on Facebook (Opens in new window) ... Gartner defines the cloud database market to be vendors that provide a fully managed public or private cloud DBMS that also uses cloud … On Twitter using # GartnerIO and 5G, among others updates from these Conferences Twitter. 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