Australian public Cloud market to hit $3.2 billion this year: Gartner

Analyst firm predicts growth in excess of 23 per cent for cloud services

Gartner is predicting that spending on public cloud services in Australia will grow 23.08 per cent this year, reaching US$3.2 billion.

By 2016, the analyst firm predicts that public cloud spending in Australia will reach US$5.2 billion.

The predicted Australian growth rate puts the country ahead of the global average of 18.5 per cent for 2013, with Gartner predicting worldwide spending on cloud services to reach US$131 billion.

North America will account for the largest portion of new spending in the period from 2013 to 2016, but highest growth are being seen in Asia and Latin America.

The figures were released as part of Gartner's Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q12 Update.

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