The global enterprise cloud-based services market will reach $31.9 billion in 2017 against $18.3 billion in 2012, according to research group Analysys Mason. This forecast report presents an enterprise cloud services forecast for both IaaS and SaaS and both revenue and ARPU forecasts for large enterprises and SMEs.
According to the research group, the annual growth of the segment is expected to reach 17% in 2013 but it may diminish in subsequent years. While the enterprise public cloud services market continues to grow, it is at a slower overall rate than in our previous forecast, particularly in developed countries.
The average growth of economically developed countries is expected at 11% until 2017. The markets in these regions – representing more than 90% of total volume – represent $28.7 billion against $17 billion in 2012. Emerging markets are expected to grow stronger (over 20%) but because of their importance in terms of volume, they will not exceed 10% in 2017.
This slowing of growth is the result of difficult economic conditions worldwide and slower-than-anticipated adoption of new IT technology by both large and small enterprises.
Software-as-a-service (SaaS) will account for 66% of revenue in 2010, while 33% is related to infrastructure-as-a-service (IaaS). This revenue split will change over the next five years and the group expects that share of revenue from IaaS will increase to 43% by 2017. Gartner research recently predicted that 77% of companies plan to increase their spending on SaaS in the next two years.
Analysys Mason expects Communications service providers (CSPs) are expected to account for 18 percent of worldwide enterprise cloud services revenue by 2017 as they bundle more offerings with core connectivity with cloud computing.
SEMs with one and 249 employees accounted for 43% of total public cloud services revenue by the end of 2012 largely because of fewer security-related concerns when adopting cloud services.
SMEs’ awareness of public cloud solutions will continue to increase the usability of SME cloud services will continue to increase as vendors and CSPs create affordable, easy-to-use solutions CSPs will continue to add solutions to their portfolios that are targeted towards SMEs.