Cloud Spending To Reach A Staggering $723Bn In 2025, Thanks Partly To The Explosive Demand For AI Resources
techradar, Saturday, January 4th, 2025
90% of organizations expected to adopt hybrid cloud by 2027
New research has claimed spending on cloud services is set to reach a new high as the demand for AI continues to grow.
A report from Gartner predicts worldwide end-user spending on public cloud services will reach $723.420 billion in 2025, a growth rate of 21.4%, an increase from $595.652 billion in 2024, highlighting the growing reliance on cloud services across industries.