Cloud Services Market Is Expected to Reach $555 Billion, Globally, by 2020
Cloud Services Market Report published by Allied Market Research, forecasts that the global market is expected to garner $555 billion by 2020, registering a CAGR of 17.6% during the period 2014 - 2020. In 2014, the overall cloud services market revenue will reach $209.9 billion, led by public cloud services. The community cloud services segment is gaining momentum and is expected to garner revenue of $1 billion this year, thanks to its adoption in healthcare segment.
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