Various cloud-delivered services have been earmarked for growth through coming years, with infrastructure as a service (IaaS) and software as a service (SaaS) specifically named for expansion by tech researchers In-Stat.
Businesses of all sizes and in many different sectors have been snapping up cloud-based offerings in recent years, with many opting for cloud-based email hosting as an initial offering from the cloud.
However, firms are reportedly ready to divert more investment to the cloud, resulting in aggressive growth for coming years.
“Spending is expected to grow significantly across all service options of cloud computing, including IaaS and PaaS,” said Greg Potter, research analyst at In-Stat. “But since SaaS is the largest segment volume-wise, its growth will be the most dramatic.
“Within SaaS, the professional services and health care verticals will see the largest growth in spending, each growing over 30 per cent during the forecast period.”
SaaS will increase 112 per cent during the four-year period including 2010 to 2014, the report shows, and IaaS will grow in stature to a $4 billion industry by the end of the period. Meanwhile, another offering, platform as a service, has been forecasted to be a $460 million industry by 2014, growing 113 per cent over the period.
While the specific dollar and percentage amounts reflect the US market, the worldwide sector’s also set for dynamic growth in the fields of cloud-based IT solutions for businesses.
The full report is available from the In-Stat website.
Written by Jason Morton
Pulled from/Sourced: rackspace.co.uk
Tags: cloud computing, IaaS, SaaS
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