Public cloud spend surpassed $500bn in 2022, IDC

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clock • 3 min read
Public cloud spend surpassed $500bn in 2022, IDC

Worldwide revenue for the public cloud services market totalled $545.8bn (£427.88bn) in 2022, an increase of 22.9% over 2021

SaaS continued to be the largest source of public cloud services revenue, accounting for more than 45% of the total in 2022. Infrastructure as a service (IaaS) was the second-largest revenue cat...

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