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Aussie Cloud Services Growth To Outpace Global Performance

Aussie Cloud Services Growth To Outpace Global Performance

Growth in public cloud services in Australia are projected to outpace global services at 17.5 percent in 2016, jumping from A$4.74 billion last year to $5.57 billion in 2016, according to a Gartner report.

The worldwide market over the same period is projected to grow just 16.5pc to total US$204 billion, up from $175 billion in 2015.

Gartner has forecast infrastructure-as-a-service to continue as the strongest-growing segment, projected to grow 38.4 percent globally in 2016.

IaaS in Australia is tipped to grow from A$313 million in 2015 to A$360.5 this year. Cloud advertising is predicted to be the largest money earner.

Gartner research director Sid Nag said the strong IaaS growth reflected enterprises moving away from datacentre build-outs and shifting their infrastructure needs to the public cloud.

Gartner predicts cloud application services to grow globally by 20.3 in 2016, to US$37.7 billion. The Australian market is tipped to reach over A$1.4 billion.

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