Security Managed Services
SHARE

Cloud Computing Heading for the Stratosphere

Worldwide cloud computing services revenue is continuing to grow at a rapid rate, with it expected to top $56.3 billion (US) in 2009, according to a report from Gartner. The lion’s share of the market will be made up of cloud-based advertising for the next few years. Market revenue grew by 21.3 per cent from […]

Written By
thumbnail Channel Insider Staff
Channel Insider Staff
Apr 9, 2009
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

Worldwide cloud computing services revenue is continuing to grow at a rapid rate, with it expected to top $56.3 billion (US) in 2009, according to a report from Gartner. The lion’s share of the market will be made up of cloud-based advertising for the next few years.

Market revenue grew by 21.3 per cent from 2008’s $46.4 billion, and it will continue to increase to $150.1 billion in 2013. Sixty per cent of cloud computing revenue right now is coming from cloud-based advertising like Google AdWords, and while that percentage will decrease over the next few years, it’s still expected to make up 51 per cent of total worldwide cloud computing revenue in 2013, said Ben Pring, research vice president at Gartner.

"We’re regarding it as a form of business process, and we decided to call it cloud-based advertising to differentiate it from some of the more traditional business processes that we look at in the report," Pring said.

thumbnail Channel Insider Staff

Recommended for you...

thumbnail Push Security & GuidePoint Security Announce Partnership
Managed Services
Push Security & GuidePoint Security Announce Partnership
Jordan Smith
Oct 28, 2025
thumbnail How VARs Can Streamline IT Hardware Procurement for Clients
Managed Services
How VARs Can Streamline IT Hardware Procurement for Clients
Jordan Smith
Oct 28, 2025
thumbnail Zadara Partners With Micro Support Group on Multi-Tenant AI Clouds
Managed Services
Zadara Partners With Micro Support Group on Multi-Tenant AI Clouds
Jordan Smith
Oct 24, 2025
thumbnail Kaseya Highlights Innovations for Automation and Cyber Capabilities
Managed Services
Kaseya Highlights Innovations for Automation and Cyber Capabilities
Jordan Smith
Oct 24, 2025
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

facebook
linkedin
youtube
rss
spotify
x

Company

About us Contact us Advertise with us

Categories

Channel Business Security AI Infrastructure Lists & Awards Resources

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

Terms of Service Privacy Policy California - Do Not Sell My Information