Did you know that global spending on Infrastructure-as-a-Service (IaaS) is expected to grow at a compound annual growth rate of 29.1% through 2019, up from $16.5 billion at the end of 2015? How about that global spending on the Internet of Things (IoT) is set to reach an estimated $1.7 trillion annually by 2020?
From global IaaS spending to the boom of IoT to telecommuting, a common thread is emerging: spending on cloud services is picking up speed and growing at an incredible pace. As the saying goes, a rising tide lifts all boats. This is true in cloud services, too: the rapid growth of the cloud services we've mentioned here is greatly impacting the footprint of the cloud market as a whole.
In a new Digital Realty | Telx infographic, titled "Things that Will Boost the Value of Cloud Services In 2016," we examine the trends impacting the rapid growth of cloud services. What is at play in one of the fastest growing segments of IT? See our infographic below to find out: