PUBLISHER: IDC | PRODUCT CODE: 1618889
PUBLISHER: IDC | PRODUCT CODE: 1618889
This IDC study provides a top-down sizing of the cloud system software market in 2023 and a 2024-2028 forecast for this market. Historical and forecast revenue data is shown for the total worldwide market. Cloud system software is a submarket of the software-defined compute (SDC) software functional market.According to Gary Chen, research director, IDC's Software-Defined Compute, "As enterprises continue to modernize and adopt cloud operating models, traditional virtualization deployments continue to migrate to cloud system software."