Cloud take-up growing 32% year-on-year

IaaS and PaaS experienced growth of 50% in 2018 compared to 2017

OThe UK cloud market is growing faster than ever, with vendor revenues swelling by 32% in 2018, passing $250 billion for the first time, according to Synergy Research's latest figures.

The most accelerated growth happened in the IaaS and PaaS sub-sectors, with 50% growth reported apiece in just 12 months.

Hybrid cloud management software grew by 41% and enterprise SaaS and public cloud infrastructure both increased by 30%. Hosted private cloud infrastructure services weren't far behind with 29% growth.

"In 2018 cloud started to dominate IT spending in some areas, sucking up potential growth opportunities for non-cloud technologies and services," said John Dinsdale, a chief analyst and research director at Synergy Research Group.

Advertisement - Article continues below
Advertisement - Article continues below

During 2018, there was a distinct increase on cloud infrastructure spend, overtaking the amount invested in hardware and software on both public and private clouds for the first time. However, total spend on hardware and software wasn't low and this surpassed $100 billion, evenly split between public and private cloud environments.

Microsoft, Amazon/AWS, Dell EMC, IBM, Salesforce, Cisco, HPE, Adobe, and VMware revenues accounted for half of all cloud-related income.

Cloud service providers, in particular, had a very good year, generating more than $150 billion in revenues from cloud infrastructure services and enterprise SaaS via applications covering search, social networking, email, e-commerce, gaming and mobile apps.

"Cloud technologies are now generating massive revenues for both cloud service providers and technology vendors and our latest forecasts show that while market growth rates will inevitably erode due to the sheer scale of the numbers, the overall market will double in size in under four years," Dinsdale added.

Featured Resources

Digital Risk Report 2020

A global view into the impact of digital transformation on risk and security management

Download now

6 ways your business could suffer if you don’t backup Office 365

Office 365 makes it easy to lose valuable data regularly, unpredictably, unintentionally, and for good

Download now

Get the best out of your workforce

7 steps to unleashing their true potential with robotic process automation

Download now

8 digital best practices for IT professionals

Don't leave anything to chance when going digital

Download now


Network & Internet

BT unveils barrage of new business services

9 Oct 2019
Network & Internet

Zyxel Nebula Control Center 2019 review

21 Jun 2019

Most Popular


How to use Chromecast without Wi-Fi

5 Feb 2020
operating systems

How to fix a stuck Windows 10 update

12 Feb 2020

The top ten password-cracking techniques used by hackers

10 Feb 2020

Microsoft to add Defender antivirus software to Linux, iOS and Android

21 Feb 2020