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Global public cloud market expected to hit $204B in 2016

January 26, 2016

The worldwide market for public cloud systems is projected to hit $204 billion this year, a 16.5% increase over the $175 billion market in 2015, according to analyst firm Gartner.

“The market for public cloud services is continuing to demonstrate high rates of growth across all markets and Gartner expects this to continue through 2017,” said Sid Nag, research director at Gartner, in a statement.

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