An overview of the cloud computing market in 2025

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Through the app, you store and analyze your own data. You don't have to invest time in installing, managing or updating software - all of this is handled by the provider.

Within each of these service categories, you have the option of public, private and hybrid cloud solutions:

Private Cloud
A private cloud is where you host your own data center or intranet. You own, manage, update, and upgrade your own ecosystem of servers, networks, software, or cloud platform resources. Protecting it all with belgium phone number data your own firewall and security solutions .

Public cloud
A public cloud is one where the provider provides you with access to their data center infrastructure . They are responsible for all management, maintenance, security, and updates.

Hybrid Cloud
A hybrid cloud is one where you choose to use a combination of both public and private cloud solutions. You are responsible for managing how the two services interact, especially the security of data passing between public and private cloud configurations.

The cloud computing market is huge. New data from Synergy Research Group , across seven key segments of the cloud services and infrastructure market, operators and providers, reports revenues of over $150 billion in the first half of 2019. A 24% increase over the previous year.

As big as the cloud market has become, there is still huge room for expansion. Especially when you consider that Gartner projects global IT spending to reach $3.79 trillion in 2019.