Add to Favourites
To login click here
In 2022, enterprise spending on cloud infrastructure services was estimated to be 225 billion U.S. dollars, a growth of 47 billion U.S. dollars compared to the previous year. The platform as a service (PaaS) segment, which includes analytics, database, and internet of things (IoT), has the highest growth rate within the cloud infrastructure services market. In contrast, the managed private cloud services share declined in comparison. Meanwhile, enterprise spending on data center hardware and software began to slightly decline after several years of steady growth.