Dive Brief:
- Though it may seem pervasive, public cloud actually represents only 15% of workloads today, according to a research from VMware presented by the company's CEO Pat Gelsinger during the VMware 2016 keynote.
- Based on the company's internal data and analyst reports, VMware projects public cloud won’t represent more than 50% of workloads until about 2030, according to a SDxCentral report.
- The report estimates there are about 160 million workloads run on servers today, and 73% of those are handled by traditional IT, 12% are on private clouds and about 15% are on public cloud.
Dive Insight:
Public cloud won’t truly take over the majority market share for another 14 years, Gelsinger said. "We have much work to do."
Though cloud — particularly public cloud infrastructure — appears dominate in the industry, it still has a long way to go before adoption becomes the rule. Until then, many companies are still relying on their own infrastructure or are working with hybrid cloud environments.
VMware’s research predicts that about 30% of workloads will be on public cloud by 2021 and 20% in the private cloud. Of those, 14% of the workloads will run as Software as a Service and 16% would be Infrastructure as a Service.
By 2030, when VMware says public cloud will represent 50% of workloads, there will likely be 596 million cloud workloads, with 39% on private clouds, according to the report. Almost 20% of the 2030 market is expected to remain on traditional IT.