Forecast Global Public Cloud Market Size (2011 to 2020)
1 min readMay 5, 2015
The software as a service is very popular among consumers and businesses, it is predicted that by 2020, the market of SaaS will double compare to the year of 2015. Contrarily to the SaaS market, the market of PaaS doesn’t change a lot from 2015 to 2020. Nevertheless, the ALM component of PaaS known as application lifecycle management platform will grow from 11% in 2011 to 35% in 2016. This predicted growth is not a surprise because the AML offers more flexibility, improves productivity, and enhances quality.
After the brief definition above of the main service models of the cloud computing, let’s take a look at the chart below to check the forecast up to 2020 and starting from 2008 (Diagram for hover and click on):
