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Gartner warns of ‘inflationary pressure’ risk to global public cloud spending

October 31, 2022

Gartner is warning that inflationary pressure could negatively affect its worldwide spending on public cloud services forecast, which presently suggests spending in this area is set to grow by more than 20% in 2023.

The IT market watcher said global end-user spending on public cloud services is set to hit close to $600bn next year, up from $490.3bn in 2022, but with enterprises finding themselves under pressure to cut costs, the amount they spend on public cloud could actually go down.

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