Strategy Analytics: Microsoft and Intuit Join Amazon, Salesforce, Cisco, and Oracle in Billionaire Business Cloud Services Revenue Club SaaS, IaaS and PaaS Combined Revenue to Reach $100B by 2017
BOSTON, April 8, 2013 /PRNewswire/ -- The global business cloud services market generated $34.4B in revenues in 2012, up 28 percent over the prior year. Software as a Service (SaaS) continued to capture more than half of overall cloud services revenue and nearly all the revenue from six of the seven members of the billionaire business cloud services revenue club (based on 2012 revenues in US$). Public cloud services captured 83 percent of total cloud services revenues. These and many more market stats can be found in the Strategy Analytics Business Cloud Strategies (BCS) service report "Global Business Cloud Services Revenue Market Shares, 2012, and Forecasts, 2010-2017" which features top global business cloud service provider 2012 revenue and shares for overall cloud SaaS, Infrastructure as a Service (IaaS) markets. The report also features regional market revenue forecasts by cloud service type and global public and private cloud services revenue forecasts.
"The business cloud services market ranges from mature to immature market segments. SaaS led by Salesforce.com has already achieved massive adoption and IaaS led by Amazon is attracting customers that are questioning whether owning and operating corporate data centers make sense in the age of the cloud. However, PaaS is still just emerging, as it attempts to use the successes of SaaS and IaaS to attract the attention of commercial and corporate software developers," commented Mark Levitt, Director of Business Cloud Strategies research at Strategy Analytics.
"SaaS has dominated the first surge in mass adoption of business cloud services. We expect the next big surge to come from private and public IaaS offerings designed to suit European and Asia-Pacific business and government policies," said Andrew Brown, Executive Director of Enterprise Research at Strategy Analytics.
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SOURCE Strategy Analytics