SaaS Drives Public Cloud Service Market Growth

According to a recent report from Gartner, the global public cloud service market is expected to skyrocket to $186.4 billion by the end of the year, reflecting a 21.4% jump as enterprises up spending on software-as-a-service deployments. SaaS remains the biggest division of the overall cloud market, as the research firm foresees the segment’s sales growing 22.2% to reach $73.6 billion over the next 12 months.