Sid Nag

What happened. Gartner's July 2026 IT spending forecast put 2025 IaaS spending at $222bn, up 25.3%; its April 2026 IaaS market share report (as cited by Alibaba Cloud) gives $222.2bn and 25.3%. Release level governs: the table states 2025 IaaS spending of $211.9bn (from $169.8bn in 2024). $211.9bn against $222bn is 4.5% short, Right on the 5/10/15/25% level bands. (On growth, 24.8% vs 25.3%, also Right.) Sources: gartner.com, developer.aliyun.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Total $723 Billion in 2025

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner's August 2025 IaaS market share release, its first full-year 2024 IaaS figure, put the market at $171.8bn, up 22.5%. Its November 2024 forecast had 2024 IaaS end-user spending at $169.8bn (+21.3%). Release level governs: the quote gives 26.6% growth, but the release's Table 1 states 2024 IaaS spending of $182.2bn (from $143.9bn in 2023). $182.2bn against the first published full-year $171.8bn is 6.1% high, Mostly right on the 5/10/15/25% level bands (7.3% against the November 2024 estimate of $169.8bn, also Mostly right). On growth alone (26.6% vs 22.5%) it would be Half right. Sources: gartner.com, gartner.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach $679 Billion in 2024

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner reported IaaS market growth of 16.2% in 2023 and 22.5% in 2024 ($171.8bn), a clear acceleration. Growth rose from 16.2% in 2023 to 22.5% in 2024, as he said it would. Sources: gartner.com, gartner.com.

Source: Gartner Says Worldwide IaaS Public Cloud Services Revenue Grew 30% in 2022, Exceeding $100 Billion for the First Time

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner's May 2024 release put 2023 SaaS spending at $206.0bn, up 18.1%. $197.3bn forecast vs $206.0bn: about 4% low; growth 17.9% vs 18.1%. Sources: gartner.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600 Billion in 2023

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner's first published full-year figure (May 2024 public cloud forecast table) put 2023 IaaS end-user spending at $143.3bn, up 19.1%. Its July 2024 IaaS market share release later said the IaaS market grew 16.2% in 2023. Release level governs: the quote gives 29.8% growth, but the release's Table 1 states 2023 IaaS spending of $150.3bn (from a 2022 base of $115.7bn). $150.3bn against the first published $143.3bn (May 2024 table) is 4.9% off, Right on the 5/10/15/25% level bands. On growth alone (29.8% vs 19.1%) it would be Wrong: Gartner's 2022 base was later revised up, which absorbed most of the gap. Sources: gartner.com, gartner.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600 Billion in 2023

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner dropped the Cloud Management and Security Services segment ($35.2bn of this 2023 forecast) from its public cloud forecast in late 2023. On the new basis Gartner's May 2024 release put 2023 spending at $561.1bn; the forecast without that segment was $564.6bn. Reported 2023 growth on the new basis was 17.3%, below the 20-22% Gartner had forecast. Level held as stated: "nearly $600 billion" is scored as $600bn against Gartner's first published 2023 figure of $561.1bn (May 2024), 6.9% out, Mostly right on the 5/10/15/25% level bands. Baseline is the 2022 level in the April 2022 table ($494.7bn). Like for like (excluding the segment Gartner later dropped) it was $564.6bn vs $561.1bn. Sources: gartner.com, fierce-network.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner's April 2023 release put 2022 SaaS spending at $167.3bn; its November 2023 release restated 2022 SaaS at $174.4bn. $176.6bn forecast vs $167.3bn (first published full-year figure, April 2023), 5.6% high, Mostly right on the 5/10/15/25% level bands. The later restated $174.4bn is not used. Sources: gartner.com, gartner.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner's first published full-year 2022 figure on the same end-user spending basis (April 2023 public cloud forecast table) put 2022 IaaS spending at $114.8bn. Its July 2023 IaaS market share release (vendor revenue basis) said the IaaS market grew 29.7% in 2022, to $120.3bn. Release level governs: the quote gives 30.6% growth, but the release's Table 1 states 2022 IaaS spending of $119.7bn (from $91.6bn in 2021). $119.7bn against the first published $114.8bn (April 2023 table) is 4.3% off, Right on the 5/10/15/25% level bands. Sources: gartner.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.

What happened. Gartner's April 2023 release, on the same six-segment basis, put 2022 public cloud end-user spending at $491.0bn. $494.7bn forecast vs $491.0bn later reported on the same basis: under 1% out. Sources: gartner.com.

Paraphrased. Source: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022

Caveat. No independent evidence available. Scored on Tekonyx’s own figures.