Public IT cloud services: five-year CAGR 2016-2020, by segment

The data displays the forecast constant annual growth rate for the public cloud services market, from 2016 to 2020. As of 2017, the overall public cloud services industry is expected to show a compound annual growth rate of 13.4% over the five years from 2016 to 2020. Infrastructure as a service (IaaS) is estimated to be the fastest growing service, with the market increasing at a rate of 23.3% over the same period.