Worldwide Public Cloud Services Spending Will Double By 2023 : IDC

Worldwide Public Cloud Services Spending Will Double By 2023 : IDC: A recent study by IDC suggests that global spending on public cloud services and infrastructure will more than double over the 2019-2023. With a five-year compound annual growth rate (CAGR) of 22.3%, public cloud spending will grow from $229 billion in 2019 to nearly $500 billion in 2023.

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