This IDC Forecast Update provides an update to the previous forecast (see IDC's European Public Cloud Services Market Analysis and Forecast 2012–2016 — IDC #SP03U, August 2012). The main changes are:
· Increasing the forecast growth rate in the cloud services market in Germany, resulting in a forecast market size to €3,850 million ($4,948 million) in 2016 compared with €3,367 million ($4,326 million) in our previous forecast
· Extending the forecast by a further year to 2017
· IDC scheduled to provide a full market analysis in May 2013. Should there be any further developments that significantly affect the market between now and the next forecast, IDC will issue a forecast update.