According to new figures from Gartner, the infrastructure-as-a-service sector of the global cloud market, which is now valued at more than $120 billion, grew by 30% last year.
The sector reportedly grew from an already healthy $92.8 billion in 2021 to $120.3 billion in 2022, representing a 29.7% increase despite the slowdown in growth that many companies experienced toward the end of 2022 due to tough economic headwinds.
