Gartner forecasts worldwide public cloud end-user spending to surpass $675 billion in 2024

As per the latest forecast from Gartner Inc, Worldwide end-user spending on public cloud services is forecast to grow 20.4% to total $675.4 billion in 2024.

We expect public cloud end-user spending to eclipse the one trillion-dollar mark before the end of this decade.

Cloud market segments are expected to grow in 2024.

Infrastructure-as-a-service (IaaS) is forecast to experience the highest end-user spending growth at 25.6%, followed by platform-as-a-service (Paas) at 20.6%

Cloud infrastructure and platform services are maximizing the highest spending growth

Organizations are increasingly leveraging cloud services

Explore Gartner's insights.