By 2015, about 24% of all new business software purchases will be of service-enabled software with SaaS delivery being 13.1% of worldwide software spending. By 2015, nearly $1 of every $6 spent on packaged software, and $1 of every $5 spent on applications, will be consumed via the SaaS model. By 2012, about 83% of all net-new software firms coming to market will be operationalized around creating, testing, selling, and provisioning a service versus a packaged product (CD). And by 2015, about 24% of all new business software purchases will be of service-enabled software, and SaaS delivery will constitute about 13.1% of worldwide software spending across all primary markets and 14.4% of applications spending.
Annual global data center IP traffic will reach 4.8 zettabytes by the end of 2015. In 2015, global data center IP traffic will reach 402 exabytes per month. Global data center IP traffic will increase fourfold over the next 5 years. Overall, data center IP traffic will grow at a compound annual growth rate (CAGR) of 33 percent from 2010 to 2015. The number of workloads per installed cloud server will increase from 3.5 in 2010 to 7.8 in 2015. By 2014, more than 50 percent of all workloads will be processed in the cloud. Annual global cloud IP traffic will reach 1.6 zettabytes by the end of 2015. In 2015, global cloud IP traffic will reach 133 exabytes per month. Global cloud IP traffic will increase twelvefold over the next 5 years. Overall, cloud IP traffic will grow at a CAGR of 66 percent from 2010 to 2015. Global cloud IP traffic will account for more than one-third (34 percent) of total data center traffic by 2015.
SaaS market to grow 17.9 percent to $14.5 billion. Global spending on SaaS (software as a service) will rise 17.9 percent for year 2012 to $14.5 billion, when spending on the software is expected to hit $22.1 billion. Gartner Says That Consumers Will Store More Than a Third of Their Digital Content in the Cloud by 2016. Cloud computing services revenue is expected to hit $148.8 billion come 2014. By 2015, low-cost cloud services will cannibalize up to 15% of top outsourcing players’ revenue. It’s also estimated that Cloud Computing services market will fetch revenue around $150 billion by 2014.
The Global Corporate Mobile SaaS Market will reach $1.2 billion in 2011 and grow to $3.7 billion by 2016, with a five-year compound growth rate (CAGR) of 25.8 percent. The ability to integrate powerful business applications on smartphones, tablets and other wireless devices will facilitate and accelerate SaaS adoption in the corporate business environment.
The cloud computing market will touch $16.7B revenue by 2013, including the large and well-established software-as-a-service (SaaS) category, cloud computing will grow from revenue of $8.7B 2010 to $16.7B in 2013, with a compound annual growth rate (CAGR) of 24%.
US Medical Cloud Market
The US cloud computing market for medical images was at $56.5m in 2010 and is forecast to grow at a Compounded Annual Growth Rate (CAGR) of 27% during 2010-2018. Growth is primarily driven by the growing volume of medical images and increasing costs of the ownership model of PACS. The cloud computing market for medical imaging is expected to grow exponentially at a CAGR of 27% from $56.5m in 2010 to reach $383.1m in 2018. Currently, the biggest segment contributing to the cloud computing market for medical images is the storage and disaster recovery market which was valued at $22.5m in 2010. The storage and disaster recovery market is expected to grow at a CAGR of 34% to reach $228.1m in 2010.
U.S. Federal Cloud Computing Market
U.S. Federal Government cloud computing market enters into double-digit growth phase – at about 16% CAGR over the period 2013-2018, with annual federal cloud computing market to hit $10 billion landmark by 2018.
Forrester predicts the SaaS market will reach $132.5 billion by 2020. The PaaS market will also grow up from $820 million in 2011 to $11.9 billion in 2020. Meanwhile, IaaS will experienced an unusual growth, from $2.94 billion in 2011 to $5.4 billion in 2017.
The Cloud computing industry is growing sharply with a projected CAGR of 24% for the 2008-2013 period. CDeloitte is predicting cloud-based applications will replace 2.34% of enterprise IT spending in 2014 rising 14.49% in 2020.