How ever Gartner also urges buyers to be cautious, when choosing a provider, the market for cloud infrastructure as a service (IaaS) is in a state of upheaval, as many service providers are shifting their strategies after failing to gain enough market traction, according to Gartner.
Global spending on IaaS is expected to reach almost US$16.5 billion in 2015, an increase of 32.8 percent from 2014, with a compound annual growth rate (CAGR) from 2014 to 2019 forecast at 29.1 percent, according to Gartner’s latest forecast.
Speaking at the Gartner Infrastructure, Operations and Data Center Summit in Sydney today, Gartner vice president and distinguished analyst Lydia Leong said the IaaS solution ecosystem is rapidly consolidating around a small number of market leaders.