Cloud spending to reach a staggering $723bn in 2025, thanks partly to the explosive demand for AI resources

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  • Gartner forecasts an acceleration of growth in 2025 with a 21.4% increase
  • Cloud Application services will account for about $300 billion worth of business
  • In contrast, desktop-as-a-service, once a promising growth area, will barely reach $4 billion

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.

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