Roundup Of Cloud Computing Forecasts And Market Estimates Q3 Update, 2015

The global SaaS market is projected to grow from $49B in 2015 to $67B in 2018, attaining a CAGR of 8.14%. Global spending on Infrastructure-as-a-Service (IaaS) is expected to reach $16.5B this year, an increase of 32.8% from 2014. Cloud applications will account for 90% of worldwide mobile data traffic by 2019, compared to 81% at the end of last year.