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Who Will Be Cloud’s Most Prolific, and Profitable, End Users by 2014?

January 20, 2011 - News

Businesses are moving to the cloud, at least as far as their IT spending is concerned, according to a new report from In-Stat.

In fact, by 2014, businesses in the United States will spend more than $13 billion on cloud computing and managed hosting services. That’s up from less than $3 billion last year. And certain sectors will fuel the growth.

“Although spending across all sectors and size of business is projected to grow, there are some segments where growth will be staggering," said Greg Potter, research analyst. “The professional services and health care verticals will see the largest growth in spending on cloud computing services, growing over 124 percent between 2010 and 2014."

In-Stat has uncovered other findings as well. For example, Software-as-a-Service spending will increase 112 percent between 2010 and 2014. Infrastructure-as-a-service outlay will approach $4 billion in 2014. And Platform-as-a-Service spending will jump 113 percent to about $460 million in 2014. Above all, small and home offices comprised of one to four employees will lead the adoption of cloud computing, In-Stat said.

In terms of verticals, these are the industries that will dominate cloud adoption, according to In-Stat:

  • Administrative and support services, waste management
  • Arts and entertainment
  • Construction
  • Education
  • Finance and insurance
  • Forestry, fishing, and agricultural services
  • Government
  • Health care and social services
  • Hospitality and food
  • Information and communication
  • Management of companies and enterprises
  • Manufacturing
  • Mining
  • Other services
  • Professional services
  • Real estate
  • Retail trade
  • Transportation
  • Utilities
  • Wholesale trade
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