Of note is that 451 lists traditional hosting along with public cloud. You can see cloud gobbling up the pie: “cloud”‘s take of the revenue goes from 7% in 2010 to 28% in 2018.
I assume this is all “public cloud,” not private.
China’s overall healthcare IT solutions market reached a size of US$3.8 billion in 2015. Market size is expected to hit US$6.5 billion, with a CAGR of 11.1% in the 2015-2020 period.
That’s a lot of growth. See the full press release for some details on sub-markets.
New OpenStack market-sizing and -forecast from old pals at 451:
How they bucket-ize:
451 Research’s Market Monitor focuses on 56 vendors that provide direct OpenStack offerings, including products, services and turnkey offerings around OpenStack deployment and management, different distributions of OpenStack, service providers and training services. Although we do consider some vendors with integrated hardware, systems and software offerings based on OpenStack, our market-sizing estimate does not include hardware-centric revenue, nor does it include revenue from indirect third-party vendors, such as those in storage or software-defined networking.
“In addition, the government plans to increase PaaS spending from $227.1 million in FY15 to $231.3 million [in FY16].”
We’re still in a phase where categorization causes weird slices of spend like this, but there you have it. More figures on “cloud” spending in the piece.
Figuring out the market for PaaS has always been difficult. At the moment, I tend to estimate it at $20-25bn sometime in the future (5-10 years from now?) based on the model of converting the existing middleware and application development market. Sizing this market has been something of an annual bug-bear for me across my time at Dell doing cloud strategy, at 451 Research covering cloud, and now at Pivotal.
This number is contrast to numbers you usually see in the single digit billions from analysts. Most analysts think of PaaS only as public PaaS, tracking just Force.com, Heroku, and parts of AWS, Azure, and Google. This is mostly due, I think, to historical reasons: several years ago “private cloud” was seen as goofy and made-up, and I’ve found that many analysts still view it as such. Thus, their models started off being just public PaaS and have largely remained as so.
I was once a “public cloud bigot” myself, but having worked more closely with large organizations over the past five years, I now see that much of the spending on PaaS is on private PaaS. Indeed, if you look at the history of Pivotal Cloud Foundry, we didn’t start making major money until we gave customers what they wanted to buy: a private PaaS platform. The current product/market fit, then, PaaS for large organizations seems to be private PaaS
(Of course, I’d suggest a wording change: when you end-up running your own PaaS you actually end-up running your own cloud and, thus, end up with a cloud platform.)
With this premise – that people want private PaaS – I then look at existing middleware and application development market-sizes. Recently, I’ve collected some figures for that:
When dealing with large numbers like this and so much speculation, I prefer ranges. Thus, the PaaS TAM I tent to use now-a-days is something like “it’s going after a $20-25bn market, you know, over the next 5 to 10 years.” That is, the pot of current money PaaS is looking to convert is somewhere in that range. That’s the amount of money organizations are currently willing to spend on this type of thing (middleware and application development) so it’s a good estimate of how much they’ll spend on a new type of this thing (PaaS) to help solve the same problems.
Things get slightly dicey depending on including databases, ALM tools, and the underlying virtualization and infrastructure software: some PaaSes include some, none, or all of these in their products. Databases are a huge market (~$40bn), as is virtualization (~$4.5bn). The other ancillary buckets are pretty small, relatively. I don’t think “PaaS” eats too much database, but probably some “virtualization.”
So, if you accept that PaaS is both public and private PaaS and that it’s going after the middleware and appdev market, it’s a lot more than a few billion dollars.
(Ironic-clipart from my favorite source, geralt.)
Estimate of the market-size for companies like Wealthfront: “whilst in the UK robo-advisers currently only cover less than £1 billion assets under management, the US robo-advisory market handled $19 billion AUM in 2014 (a growth of 65% from the previous eight months).”
“Global analyst firm Ovum forecasts the global spend on middleware software is expected to grow at a compound annual growth rate (CAGR) of 8.8 percent between 2014 and 2019, amounting to $US22.8 billion by end of 2019.”
“According to a new IDC Spending Guide, worldwide spending on the Internet of Things (IoT) will grow at a 17.0% compound annual growth rate (CAGR) from $698.6 billion in 2015 to nearly $1.3 trillion in 2019.”
I think IoT is becoming mor like IoEverything.
“According to IDC, the market will reach $576 million in revenue this year – up from $475 million in 2014 — and hit close to $1 billion by 2019.”
That’s a really small market to be operating in, no matter what your marketshare. Also, check out the quote from Rhonda at 451!
Source: Why CA left the DCIM market
“IDC states that worldwide RDBMS revenue will grow to 41B by 2019. And, 5.7B of that will be public cloud RDBMS. So, while RDMBS revenue will grow at 4.0% CAGR, the public cloud CAGR will be 50.3%!”