New data released today from the technology analysts at Synergy Research Group contains positive news for cloud providers and the vendors that outfit their data centers. “Across a range of cloud market segments, 2015 growth rates averaged 28 percent and annual revenues passed the $110 billion milestone,” John Dinsdale, Synergy Research Group chief analyst, told […]
New data released today from the technology analysts at Synergy Research Group contains positive news for cloud providers and the vendors that outfit their data centers.
“Across a range of cloud market segments, 2015 growth rates averaged 28 percent and annual revenues passed the $110 billion milestone,” John Dinsdale, Synergy Research Group chief analyst, told Datamation. The firm drew its conclusions from the four quarters ending Sept. 30, 2015.
“Among the segments, public IaaS/PaaS [infrastructure-as-a-service/platform as a service] saw the highest growth rates, but cloud infrastructure hardware and software still generate the most revenues at the moment,” continued Dinsdale. Combined, the public IaaS and PaaS market segments, led by Amazon and Microsoft, grew at a blistering rate of 51 percent.
The private and hybrid cloud infrastructure services segment wasn’t too far behind, with a growth rate of 45 percent. IBM and Amazon were the top performers in the category. In total, all segments grew at a rate of at least 16 percent, observed Synergy.
In the software-as-a-service (SaaS) segment, Salesforce and Microsoft are battling it out for dominance. Computer networking giant Cisco and Hewlett Packard Enterprise (HPE) are the vendors to beat in the public and private cloud infrastructure hardware and software segments.
Cisco was also named a leader in the unified-communications-as-a-service (UCaaS) category, alongside Citrix. According to another report released yesterday by Synergy, the UCaaS market is growing 16 percent annually, with annualized revenues now totaling $4 billion.
Cisco, Citrix and Microsoft are the top three providers of standalone UCaaS applications, a category that includes cloud-delivered videoconferencing, Web conferencing and hosted contact center software. In integrated UCaaS business suites, a segment that is growing at 23 percent annually, RingCentral, 8×8 and Vonage take the lead.
During the four quarters tracked by Synergy, cloud services infrastructure hardware and software spending surpassed $60 billion, driven by private cloud spending although the public cloud is catching up quickly.
Cloud services providers generated $20 billion from infrastructure services (IaaS, PaaS, private and hybrid cloud services), during the 12-month survey of the market. SaaS accounted for $27 billion in cloud spending.
In the face of such lofty figures, the message to the IT industry is clear, according to Dinsdale. “Cloud has now passed way beyond the early adopter phase and is truly a mainstream phenomenon,” he said. “High growth rates will persist for many more years.”
Pedro Hernandez is a contributing editor at Datamation. Follow him on Twitter @ecoINSITE.
FEATURE | By Rob Enderle,
December 04, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 18, 2020
FEATURE | By Guest Author,
November 10, 2020
FEATURE | By Samuel Greengard,
November 05, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 02, 2020
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 29, 2020
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 23, 2020
FEATURE | By Rob Enderle,
October 16, 2020
FEATURE | By Cynthia Harvey,
October 07, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
October 05, 2020
FEATURE | By Guest Author,
September 25, 2020
FEATURE | By Rob Enderle,
September 25, 2020
FEATURE | By Cynthia Harvey,
September 22, 2020
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
September 18, 2020
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 14, 2020
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 13, 2020
FEATURE | By Rob Enderle,
September 11, 2020
FEATURE | By James Maguire,
September 09, 2020
FEATURE | By Rob Enderle,
September 05, 2020
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
August 14, 2020
Pedro Hernandez is a contributor to Datamation, eWEEK, and the IT Business Edge Network, the network for technology professionals. Previously, he served as a managing editor for the Internet.com network of IT-related websites and as the Green IT curator for GigaOM Pro.
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
