Cloud computing will grow by 13% to reach $354B. The strongest growth will be in SaaS (26.3%), which we count as part of the software market. IT services engage to build and manage private, public and hybrid clouds will grow by 16.3%, PaaS by 7.7% and IaaS by 8.1%. The shift towards cloud computing can be seen as the development of computing as a utility. Fewer companies will build and run their own datacenters, preferring to rely on service providers to provide applications.
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