Data Centers (Cloud) market to grow to $200 Billion by 2020

The estimate of $200 Billion for the global cloud market is provided by IBM. Although it might be an underestimate as, in 2012, the European Cloud Computing Strategy outlined actions to deliver a net gain of 2.5 million new European jobs and an annual boost of €160 Billion by 2020, which is more than USA$200 Billion (at today’s exchange rate) for Europe alone, not counting for the US and Asian markets.

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