Cloud Computing Trends in 2023
Cloud computing’s popularity has been growing in recent years, and 2023 is set to be no different. The industry is constantly evolving, with new trends emerging that will shape the future of cloud computing. In this article, we’ll explore some of the most significant cloud computing trends to watch for in 2023.
Hybrid Cloud Will Become the Norm
The hybrid cloud is combination of public and private cloud environments, offering benefits of both while mitigating the drawbacks. A report by Gartner predicts that by 2023, 75% of all enterprise data will be processed outside of traditional data centers. This is a significant increase from less than 10% in 2018. This trend will continue to grow as more businesses move toward a hybrid cloud infrastructure.
Serverless Computing Will Gain Popularity
Cloud providers manage the infrastructure in the serverless computing model of cloud computing. The user only pays for the compute time they use, making it a cost-effective and efficient option. This approach allows developers to focus on building their applications without worrying about infrastructure management. According to a report by MarketsandMarkets. “The serverless architecture market is projected to grow from $4.25 billion in 2018 to $14.93 billion by 2023, representing a compound annual growth rate of 28.6%”.
Edge Computing Will Enhance Performance
Edge computing is a distributed computing paradigm. It allows for computation and data storage to be located closer to where it is needed. This approach reduces latency and enhances performance for applications that require real-time data processing. According to a report by Allied Market Research, the global edge computing market is expected to reach $16.55 billion by 2025, growing at a compound annual growth rate of 32.8% from 2018 to 2025.
Cloud Security Will Remain a Top Priority
As more businesses move their operations to the cloud, security remains a top concern. According to a report by Gartner, through 2023, at least 99% of cloud security failures will be the fault of customer. Therefore, businesses need to take measures to ensure that their data is secure in the cloud. This includes implementing multi-factor authentication, encryption, and regular security assessments.
Quantum Computing Will Transform the Cloud
Quantum computing is an emerging technology. That uses quantum-mechanical phenomena to perform operations on data. While still in its early stages, quantum computing has the potential to revolutionize cloud computing by providing faster, more efficient computation. The global quantum computing market is expected to grow from $93 million in 2019 to $283 million by 2024, according to a report by MarketsandMarkets. This represents a compound annual growth rate of 24.9%.
In conclusion, new trends are shaping the future of the cloud computing industry, which is poised for continued growth in 2023. Businesses that stay abreast of these trends can position themselves for success in the years to come. Staying on top of cloud computing trends and adopting them early can position businesses to leverage the benefits of cloud computing. This can help optimize their operations and drive growth in the long term.