By the end of 2016 the public cloud services market will reach $208.6 billion in revenue, up 17.2 percent from $178 billion in 2015, Gartner said this week. Cost savings and benefits to innovation and agility are causes for public cloud adoption, but Gartner notes that IT modernization is the top driver of growth.
IaaS is projected to grow by 42.8 percent, while SaaS will grow by 21.7 percent to $38.9 billion.
