Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600B in 2023 Part 2

Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600B in 2023 Part 2 Gartner predicts that by 2026, 75% of organizations will adopt a digital transformation model predicated on cloud as the fundamental underlying platform The next phase of IaaS growth will be driven by customer experience, digital and business outcomes and the virtual-first world Emerging technologies that help businesses interact more closely and in real time with their customers, such as chatbots and digital twins, are reliant upon cloud infrastructure and platform services to meet growing demands for compute and storage power While cloud infrastructure and platform services are driving the highest spending growth, SaaS remains the largest segment of the cloud market by end-user spending Saas spending is projected to grow 17.9% to total in 2023