A brand new report by Intricately pulls the curtain again on the 11 million patrons spending a mixed $250 billion on cloud infrastructure – revealing the highest prospects and largest alternatives that sellers can begin pursuing at this time.

Intricately’s evaluation of at this time’s cloud infrastructure market illustrates fast development previously two years spurred by the rise of multicloud, a well-liked IT administration technique that just about 80% of all enterprises have already carried out for his or her internet hosting companies, and almost 60% within the case of CDN (Content material Distribution Community). Multicloud’s guarantees of lowered prices and vendor lock-in elimination are impacting the CDN and cloud internet hosting markets specifically, with adoption of the three main suppliers (Amazon Net Companies, Google, and Microsoft Azure) elevated by 20% in 2021. 

Adoption of multicloud for each cloud internet hosting and CDN has not uniformly impacted the market. Small-to-midsize firms (50-250 workers) present the bottom degree of multicloud adoption at simply 10%, trailing even startups (1-50 workers) at 22% multicloud adoption.

With vendor lock-in changing into much less prevalent with the transfer to multicloud, cloud sellers can really feel assured pitching their options even to these partnered with their rivals. For cloud sellers looking forward to particular market insights, the report highlights international prime prospects with excessive cloud spend potential and cloud infrastructure demand exceeding $1 million per 12 months, together with international shopper manufacturers like Bacardí, Iberia Airways, and Sweetgreen. 

Information for the report was gathered by statement, fairly than surveys or meta-analysis. Intricately’s World Sensor Community collects information from publicly deployed functions to ship insights into how tens of millions of worldwide companies are utilizing cloud options – and the way a lot they’re spending.

Learn the full report by Intricately.