Cloud computing market to top $121 billion by 2015, report says

The cloud still provides great service and future promise, but analysts and industry experts are unsure what to expect in 2014.

TweakTown

Published Feb 9, 2014 5:30 AM CST
Updated Jul 27, 2022 3:42 AM CDT

30-second read time

Cloud computing is predicted to reach $121.1 billion by 2015, according to a report from MarketsandMarkets, though other analysts guess the market will have a difficult time in 2014. Embracing the cloud gives users the chance to utilize a scalable and cost-effective way to access and share information from any Web-connected device.

Cloud computing market to top $121 billion by 2015, report says | TweakTown.com

For companies trying to sell cloud services to the consumer or B2B markets, it's quickly coming down to service quality. Any company trying to drive innovation in the cloud market must pay attention to good product support, customer support, and clear lines of communication with users.

Companies such as Apple, Google, Microsoft and Amazon tend to get a lot of headlines for their respective cloud efforts, though software providers like Red Hat and CA are expected to have a difficult time growing this year.