Reported 8 months ago
Gartner forecasted that the global public cloud market will reach $675.4 billion in 2024, showing a 20% annual growth. Taiwan's IT service providers such as Infortrend, Qnap, Acer, and Sysage all achieved double-digit revenue growth in the first five months of this year due to the increasing trend of enterprise cloud adoption. Gartner attributed the growth to Generative AI and application modernization driving increased spending on cloud services, with IaaS showing the highest growth rate at 25.6% by 2024.
Source: YAHOO