Public Cloud Market Continues to Soar With 2017 ‘Pivotal’ Year, Says IDC

2017 was a ‘pivotal’ year in expanding public cloud service adoption according to IDC – with spending growth remaining at a constant level despite the overall market tripling in size.

The figures, which come from the analyst firm’s latest Worldwide Semiannual Public Cloud Services Tracker, show that while the overall growth rate for 2017 was a little smaller than the previous year, revenue growth of the top 16 providers by market share went up. The top tier vendors now capture more than half (50.7%) of the overall market.

Book a demo today to see GlobalDots is action.

Optimize cloud costs, control spend, and automate for deeper insights and efficiency.

Book a demo today to see GlobalDots is action.

Software as a service (SaaS) remains the largest bucket by some distance at $74.8 billion (£56.5bn) globally, with IDC predicting the SaaS market will hit $163bn by 2022 – well ahead of overall 2017 figures of $116.7bn. Infrastructure as a service (IaaS) spending last year was at $24.9bn, while platform as a service (PaaS) was at $17bn.

PaaS remained the fastest growing of the three markets, showing a 47.1% year on year increase, compared with IaaS (39.9%) and SaaS (22.4%). Both PaaS and IaaS however saw slightly slower growth when compared to the previous year’s figures, of 48% and 45% respectively.

A bright sun shining through fluffy clouds against a clear blue sky.
Image Source

Read more: Cloud Computing News

Latest Articles

How NetRefer Cut Observability Costs by €96,000 Per Year in Just 3 Months with GlobalDots

Overview NetRefer, a leading iGaming affiliate marketing platform, utilized Azure cloud-native monitoring tools. Shortcomings needed to be resolved, and the business required next-generation observability.  Problems that needed to be solved: Through GlobalDots’ expertise in selecting and implementing the right observability solution, NetRefer achieved €96,000 in annual savings and gained real-time observability across their entire platform […]

Ganesh The Awesome
24th July, 2025
Vulnerability Assessments vs. Penetration Testing: Key Differences, Use Cases & Best Practices

They’re not interchangeable. A vulnerability assessment identifies known flaws at scale. A penetration test mimics an actual attacker probing for impact. Yet many teams treat them the same. They substitute one for the other, check a compliance box, and move on as if they’re covered. They’re not. And that gap shows up later in real-world […]

Ganesh The Awesome
7th July, 2025
Web Application Firewalls (WAFs): The Evolving First Line of Defense in Cloud Security

Modern applications are built for speed, not simplicity. Containers, microservices, and cloud-native deployments have blown up the security perimeter. Traditional tools can’t keep up with this complexity. That’s why Web Application Firewalls (WAFs) matter. But the WAF of 2025 isn’t just an appliance sitting in front of a static website. It’s a flexible, cloud-aware security […]

Ganesh The Awesome
7th July, 2025
What is an API Security Audit?

 In January 2024, a misconfigured API exposed 650,000 private messages. These included passwords and internal communications. No exploit chain. No zero-day. Just a public-facing endpoint with no authentication. This wasn’t an isolated incident. From T-Mobile and Twitter (now X) to Kronos Research and the US Treasury, attackers have consistently used APIs as entry points. They […]

Ganesh The Awesome
26th June, 2025

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

    GlobalDots' industry expertise proactively addressed structural inefficiencies that would have otherwise hindered our success. Their laser focus is why I would recommend them as a partner to other companies

    Marco Kaiser
    Marco Kaiser

    CTO

    Legal Services

    GlobalDots has helped us to scale up our innovative capabilities, and in significantly improving our service provided to our clients

    Antonio Ostuni
    Antonio Ostuni

    CIO

    IT Services

    It's common for 3rd parties to work with a limited number of vendors - GlobalDots and its multi-vendor approach is different. Thanks to GlobalDots vendors umbrella, the hybrid-cloud migration was exceedingly smooth

    Motti Shpirer
    Motti Shpirer

    VP of Infrastructure & Technology

    Advertising Services