Video Title:

2020 Cloud Computing Facts: Statistics & Benefits

Video Category:

The Cloud

Video Description:

94% of enterprises already use a cloud service, and at the rate that cloud computing is growing, that percentage will hit 100 sooner rather than later. Take a look at the Top 10 Cloud Computing Facts: Statistics & Benefits for 2020 to learn more about the advantages of migrating to the cloud.

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)