Advertisement
Top
image credit: Adobe Stock

Cloud spending slows, but market still saw a huge boost in 2022

February 7, 2023

Via: TechRadar
Category:

New research has revealed that cloud spending continued to grow throughout 2022 in spite of the growing economic pressures affecting companies around the world.

In its latest analysis, Synergy Research Group(opens in new tab) found the cloud market seems to have been less affected than many other sectors as we head into 2023.

It found that Q4 2022 growth in cloud spend stood at 27% in the US market, compared with an average growth rate of 31% in the previous four quarters.

Read More on TechRadar