2020 Cloud Computing Facts: Statistics & Benefits

Top 10 Cloud Computing Facts: Statistics & Benefits for 2020:

1. By 2023, the worldwide public cloud service market is expected to reach $623.3 billion. (Hosting Tribunal)

2. 94% of enterprises already use a cloud service. (ImpactMyBiz)

3.  93% of new cloud users prefer Azure or AWS. (Hosting Tribunal)

4. Organizations leverage 5 different cloud platforms on average. (Hosting Tribunal)

5. Public clouds experience 60% fewer security breaches than on-premise data centers. (ImpactMyBiz)

6. 90% of data breaches and cyberattacks are caused by human error. (Leftronic)

7. Software as a Service (SaaS) remains the largest market segment, forecasted to grow to $116 billion by 2021. (Information Age)

8. 89% of companies use SaaS, and 75% of all cloud workloads will be SaaS by 2021. (Hosting Tribunal)

9. The average business runs 38% of workloads in public and 41% in private cloud. (Hosting Tribunal)

10. IaaS is forecast to grow 24% year over year, which is the highest growth rate across all market segments. (Information Age)

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