Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to the latest forecast from Gartner, Inc. In 2023, end-user spending is expected to reach nearly $600 billion.
As cloud drives modern, digital organizations, IT leaders are being more thoughtful in their choice of public cloud providers and going with those that can help them achieve their desired business and technology outcomes.