This IDC study provides a detailed taxonomy for the public cloud infrastructure as a service (IaaS) market. The scope of this document includes public cloud compute and storage services only."Public cloud IaaS solutions are critical to modern digital enterprises," said Andrew Smith, research manager, Cloud Infrastructure Services at IDC. "The market has grown significantly over the past five years, with services revenue now forecast to exceed $200 billion in 2025. This taxonomy document helps define the boundaries of the compute and storage segments of the IaaS market and provides context for where these solutions sit within a quickly expanding cloud ecosystem. Finally, we provide additional definition and detail on how IDC measures and tracks this market."
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This IDC Perspective outlines digital infrastructure cost transparency's role in accelerating digital transformation and the pivot to self-driving autonomous digital infrastructure operations. Day 2 operations is a critical success factor of most transformation projects. Organizations that provide modern automation and analytics tools and...
This IDC study summarizes the results of qualitative and quantitative analyses of the Japan public cloud services market based on information collected by the end of January 2022.User companies' awareness of digital transformation (DX) and data-driven business is growing, and in-house production of system and application development has become...
The Global RegTech Market size is expected to reach $22.3 billion by 2027, rising at a market growth of 19.8% CAGR during the forecast period. RegTech is an amalgamation of the words regulatory and technology. It uses advanced technologies to manage regulatory processes in the financial industry. Its objective is to assist businesses...
"Cloud computing is a foundational technology, and its adoption is central to DX programs in the energy industry. Combined with the power and capabilities of edge computing, it becomes a key enabler for various DX initiatives that organizations look to build highly flexible, scalable, and robust data infrastructure," says Rakesh Patni, associate...
This IDC Perspective reviews the findings of IDC's 2021 Worldwide Industry CloudPath Survey, specifically for the insurance industry. Cloud services are an essential component of insurers' business strategy to drive innovation and maintain a competitive advantage in a post-pandemic world where customers demand greater convenience with a more...
The global cloud workload protection market is undergoing a digital transformation, with companies worldwide gradually moving their infrastructure to the cloud. The rise in the adoption of cloud computing and the ineffectiveness of legacy security solutions have presented growth opportunities for the global cloud workload protection market,...
This IDC Market Perspective examines the key trends that will impact the telecommunications service provider market in 2022 in the areas of partnerships and investments. As telecommunications service providers continue to recover from the COVID-19 pandemic and look for new revenue opportunities, strengthening their relationships with cloud...
The Asia Pacific Insurtech Market would witness market growth of 51.4% CAGR during the forecast period (2021-2027). Customers’ requirements are understood via digital technology, which are then used to improve offers depending on changing customer needs. According to a poll done by EIS Group, a software firm, 59 percent of insurance...
This IDC Market Perspective shows that enterprise networks have renewed importance and are essential to the digital transformation initiatives of European businesses. Connecting people and systems is more important than ever to collaboration and productivity, especially as the "branch of one" becomes such an important network segment."In 2020,...
The Europe Cloud Security Market would witness market growth of 12.8% CAGR during the forecast period (2021-2027). Cloud infrastructure is gaining popularity as a result of its advantages like on-demand services, flexibility, scalability, and cost effectiveness. Aside from the debate over public vs. private cloud, the rise of hybrid...
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