Technology, Media, and Telecommunications Predictions 2021

Page 54

Technology, Media, and Telecommunications Predictions 2021

The cloud migration forecast Cloudy with a chance of clouds

Growth in cloud computing has been a megatrend over the last decade, with the market experiencing triple-digit annual growth as recently as 2015. Even though growth among the largest hyperscale public cloud providers had declined to

54

“only” 31% annually by the end of 2019, and this rate is projected to (slowly) decline further in 2020 and 2021 as the industry matures, growth in cloud continued to outpace that in many other sectors.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.