--- title: Cloud Market Already Surpasses $40 Billion description: Cloud Market Already Surpasses $40 Billion --- - [Contact JSA](https://www.jsa.net/contact/) - [Tech & Telecom News Now](https://www.jsa.net/blog/) [Twitter](https://twitter.com/telecompr) [YouTube](https://www.youtube.com/user/JaymieScottoTV) [Linkedin](https://www.linkedin.com/company/jaymie-scotto-%26-associates) [Facebook](https://www.facebook.com/JaymieScottoandAssociates) [![JSA – Jaymie Scotto & Associates Logo](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-120h.png) ![JSA – Jaymie Scotto & Associates Logo](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-60h.png) ![JSA – Jaymie Scotto & Associates Logo](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-60h.png)](https://www.jsa.net/) - [Company](https://www.jsa.net/#) - [Our Core Values](https://www.jsa.net/core-values/) - [Our Team](https://www.jsa.net/team/) - [Our Clients](https://www.jsa.net/clients/) - [Our Story](https://www.jsa.net/our-story/) - [Giving Back](https://www.jsa.net/giving-back/) - [Our News](https://www.jsa.net/jsa-news/) - [Our Partners](https://www.jsa.net/partners/) - [Services](https://www.jsa.net/#) - [Public Relations & Content](https://www.jsa.net/public-relations/) - [Digital Marketing](https://www.jsa.net/digital-marketing/) - [Consultation](https://www.jsa.net/pr-marketing-consultation/) - [Website & Design](https://www.jsa.net/website-design-development/) - [Video & WebCasts](https://www.jsa.net/video-marketing-webcasts/) - [Event Planning](https://www.jsa.net/event-planning/) - [Portfolio](https://www.jsa.net/portfolio/) - [Pricing](https://www.jsa.net/pricing/) - [Regions](https://www.jsa.net/#) - [United States](https://www.jsa.net/united-states/) - [Canada](https://www.jsa.net/canada/) - [Europe](https://www.jsa.net/europe/) - [Flexibility](https://www.jsa.net/#) - [Small Company Offerings](https://www.jsa.net/small-company/) - [Medium Company Packages](https://www.jsa.net/medium-company/) - [Large Company Partnerships](https://www.jsa.net/large-company/) - [Channels](https://www.jsa.net/#) - [Telecom Exchange (TEX)](https://www.jsa.net/tex/) - [CEO Exchange](https://www.jsa.net/ceo-exchange/) - [JSA TV](https://www.jsa.net/jsa-tv/) - [JSA Radio](https://www.jsa.net/jsa-radio/) - [Virtual CEO Roundtables](https://www.jsa.net/virtual-roundtables/) - [Women’s Speaking Initiative](https://www.jsa.net/womens-speaking-initiative/) - [Industry Events](https://www.jsa.net/industry-events) - [Blog](https://www.jsa.net/blog/) - [Company](https://www.jsa.net/#) - [Our Core Values](https://www.jsa.net/core-values/) - [Our Team](https://www.jsa.net/team/) - [Our Clients](https://www.jsa.net/clients/) - [Our Story](https://www.jsa.net/our-story/) - [Giving Back](https://www.jsa.net/giving-back/) - [Our News](https://www.jsa.net/jsa-news/) - [Our Partners](https://www.jsa.net/partners/) - [Services](https://www.jsa.net/#) - [Public Relations & Content](https://www.jsa.net/public-relations/) - [Digital Marketing](https://www.jsa.net/digital-marketing/) - [Consultation](https://www.jsa.net/pr-marketing-consultation/) - [Website & Design](https://www.jsa.net/website-design-development/) - [Video & WebCasts](https://www.jsa.net/video-marketing-webcasts/) - [Event Planning](https://www.jsa.net/event-planning/) - [Portfolio](https://www.jsa.net/portfolio/) - [Pricing](https://www.jsa.net/pricing/) - [Regions](https://www.jsa.net/#) - [United States](https://www.jsa.net/united-states/) - [Canada](https://www.jsa.net/canada/) - [Europe](https://www.jsa.net/europe/) - [Flexibility](https://www.jsa.net/#) - [Small Company Offerings](https://www.jsa.net/small-company/) - [Medium Company Packages](https://www.jsa.net/medium-company/) - [Large Company Partnerships](https://www.jsa.net/large-company/) - [Channels](https://www.jsa.net/#) - [Telecom Exchange (TEX)](https://www.jsa.net/tex/) - [CEO Exchange](https://www.jsa.net/ceo-exchange/) - [JSA TV](https://www.jsa.net/jsa-tv/) - [JSA Radio](https://www.jsa.net/jsa-radio/) - [Virtual CEO Roundtables](https://www.jsa.net/virtual-roundtables/) - [Women’s Speaking Initiative](https://www.jsa.net/womens-speaking-initiative/) - [Industry Events](https://www.jsa.net/industry-events) - [Blog](https://www.jsa.net/blog/) # Cloud Market Already Surpasses $40 Billion Gartner predicts the global cloud marketplace as a more broadly defined, the firm predicts that the overall market for cloud services has already surpasses $40 billion, and will grow to over $150 billion annually by 2013. [![](https://static.hsstatic.net/BlogImporterAssetsUI/ex/missing-image.png "FiberMediaLogo")](https://blog.jsa.net/blog/cloud-market-already-surpasses-40-billion/www.fibermedia.com)This was brought to my attention by John Panzica, Sr. VP of Sales and Marketing of [FiberMedia Group](http://www.fibermedia.net)while attending SIFMA yesterday. The context was discussed in conjunction with the company’s [Managed Data Center-as-a-Service](http://www.fibermedia.net/data-centers/)offering. What is most interesting is that FiberMedia’s service leverages cloud infrastructure to provide business continuity and disaster recovery solutions for its clients located both within its own data center facilities as well as others. The key here is modular growth. Companies that require space, power and technology to support its business can’t always assess exactly what they need – as needs change – daily. This Managed Data Center-as-a-Service enables companies to grow organically and efficiently without spending on unnecessary compute power as well as colocation. In less than 2-weeks I will be addressing nearly 400 attendees at the [Telecom Exchange](http://www.thetelecomexchange.com)being held on June 29th at Cipriani’s Wall Street. Technology Trends being my ‘track,’ there is no [![](https://static.hsstatic.net/BlogImporterAssetsUI/ex/missing-image.png "telecomexchange_logo")](https://blog.jsa.net/blog/cloud-market-already-surpasses-40-billion/www.thetelecomexchange.com)doubt that cloud trends and future visions will be key topics. I hope you’ll come join me and nearly 100 exhibiting companies as we discover new business opportunities and identify the next wave of technology requirements for businesses, end-users and more. For more information about FiberMedia Group, visit [www.fibermedia.net](http://www.fibermedia.net). For information and to register for the Telecom Exchange go to: [www.thetelecomexchange.com](http://www.thetelecomexchange.com). Want to share your thoughts on the future of technology? I want to hear from you – email me directly or share your thoughts here: ilissa (at) [jaymiescotto.com](http://www.jsa.net). [datacenter](https://blog.jsa.net/blog/tag/datacenter), [FiberMedia](https://blog.jsa.net/blog/tag/fibermedia), [FiberMedia Group](https://blog.jsa.net/blog/tag/fibermedia-group), [Managed Data Center-as-a-Service](https://blog.jsa.net/blog/tag/managed-data-center-as-a-service), [managed datacenter](https://blog.jsa.net/blog/tag/managed-datacenter), [Jaymie Scotto](https://blog.jsa.net/blog/tag/jaymie-scotto), [Jaymie Scotto & Associates](https://blog.jsa.net/blog/tag/jaymie-scotto-associates), [John Panzica](https://blog.jsa.net/blog/tag/john-panzica), [JSA](https://blog.jsa.net/blog/tag/jsa), [Managed Data Center](https://blog.jsa.net/blog/tag/managed-data-center), [MDCaaS](https://blog.jsa.net/blog/tag/mdcaas), [gartner](https://blog.jsa.net/blog/tag/gartner), [Cipriani's Wall Street](https://blog.jsa.net/blog/tag/ciprianis-wall-street), [Cloud market](https://blog.jsa.net/blog/tag/cloud-market), [colocation](https://blog.jsa.net/blog/tag/colocation), [Data Center](https://blog.jsa.net/blog/tag/data-center), [Gartner Cloud Research](https://blog.jsa.net/blog/tag/gartner-cloud-research), [global cloud marketplace](https://blog.jsa.net/blog/tag/global-cloud-marketplace), [ilissa miller](https://blog.jsa.net/blog/tag/ilissa-miller), [Telecom Event June 29th](https://blog.jsa.net/blog/tag/telecom-event-june-29th), [Telecom Exchange](https://blog.jsa.net/blog/tag/telecom-exchange), [technology trends](https://blog.jsa.net/blog/tag/technology-trends), [Telecommunications](https://blog.jsa.net/blog/tag/telecommunications), [www.thetelecomexchange.com](https://blog.jsa.net/blog/tag/www-thetelecomexchange-com) #### Share This Article [mailto:?body=https://blog.jsa.net/blog/cloud-market-already-surpasses-40-billion/4742](mailto:?body=https://blog.jsa.net/blog/cloud-market-already-surpasses-40-billion/4742) TEX Dallas 2019 is taking place on March 13, 2019 at the Aloft Dallas Downtown. [Register Now](https://thetelecomexchange.com/register/dallas/) TEX NYC 2019 is taking place on May 14-15, 2019 at the W Hoboken Hotel. [Register Here](https://thetelecomexchange.com/register/nyc/) TEX Toronto 2019 is taking place on October 3, 2019 at Second Floor Events. [Register Now](https://thetelecomexchange.com/register/toronto/) TEX LA 2019 is taking place on November 11-12, 2019 at the Kimpton Hotel Palomar Los Angeles. [Register Here](https://thetelecomexchange.com/register/la/) Branding opportunities are available for any size marketing budget. Become a Sponsor Online Portal for Decision Makers to Smartly Network with Other Network Infrastructure Executives. [TEX Portal](https://thetelecomexchange.com/tex-portal/) ![jaymie scotto associates](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-2015.png) Jaymie Scotto & Associates (JSA) is the preeminent agency for Tech and Telecom PR, Marketing and Event Planning. P.O Box 20 Middlebrook, VA 24459 Email: sales@jsa.net Phone: +1.866.695.3629 ### LATEST TELECOM NEWS ### Recent Tweets - As the [#telecom](https://twitter.com/hashtag/telecom?src=hash) industry's expert in all things [#PR](https://twitter.com/hashtag/PR?src=hash) and [#marketing](https://twitter.com/hashtag/marketing?src=hash), earlier this year we created an eBook with our… [twitter.com/i/web/status/1…](https://twitter.com/i/web/status/1173694994097561600) [1 day ago](https://twitter.com/telecompr/statuses/1173694994097561600) - We are just under 2 months out from [#TEX2019](https://twitter.com/hashtag/TEX2019?src=hash) LA! Mark your calendars for November 11-12 and secure your seat now:… [twitter.com/i/web/status/1…](https://twitter.com/i/web/status/1172555329130942464) [4 days ago](https://twitter.com/telecompr/statuses/1172555329130942464) - JSA would like to take a moment to remember the bravery of the first responders in NYC, and mourn the lives lost 18… [twitter.com/i/web/status/1…](https://twitter.com/i/web/status/1171859944955666434) [6 days ago](https://twitter.com/telecompr/statuses/1171859944955666434) © Copyright 2019 Jaymie Scotto & Associates. | [Data Protection Policy](https://www.jsa.net/data-protection-policy/) [Twitter](https://twitter.com/telecompr) [YouTube](https://www.youtube.com/user/JaymieScottoTV) [Linkedin](https://www.linkedin.com/company/jaymie-scotto-%26-associates) [Facebook](https://www.facebook.com/JaymieScottoandAssociates)