The market for cloud infrastructure-as-a-services (IaaS) is in a state of upheaval, with many service providers shifting their strategies after failing to gain enough market traction, according to a new report from Gartner Inc.
Worldwide spending on IaaS is expected to reach nearly $16.5 billion in 2015, up 33% from 2014, with a compound annual growth rate (CAGR) of 29% from 2014 to 2019, the report says.
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