Cloud computing companies in the U.S. could lose more than $10 billion by 2020 as a result of the Trump administrations reputation regarding data privacy, according to Swiss hosting company Artmotion.
A whitepaper published by Artmotionsuggests that growth rate in U.S. cloud revenue relative to the rest of the world will decline significantly more than previously forecast by IDC.
See also: Tech Goes From White House to Doghouse in Trumps Washington
IDCsWorldwide Public Cloud Services Spending Guidepredicts that the U.S. will account for 60 percent of cloud revenue worldwide to 2020. The same research, however, suggests revenue growth in the U.S. will be lower than that in all seven other regions analyzed by IDC, and according to Artmotion does not take into account the sharply falling confidence businesses have in the capacity of U.S. companies to protect the privacy of data in the cloud.
While these figures may be concerning for U.S. service providers already, they dont take full account of the scale of the disapproval of President Trumps actions since taking office, according to Mateo Meier, CEO of Artmotion.
Artmotions own research shows that half of U.S. and U.K. citizens feel online data privacy is less secure under President Trump. Further, 24 percent are most concerned about their own government, while only 20 percent consider the Russian government most concerning, and 15 percent fear the Chinese government.Both Russia and China were considered a greater threat to data privacy by Americans in Artmotions 2015 survey.
Artmotion, which has seen a 14 percent increase in revenue from U.S. companies from 2016 to 2017, estimates the total loss in revenue to U.S. cloud companies will be $1 billion this year, over $3 billion in 2018 and 2019, respectively, and $2.7 billion in 2020.
The whitepaper was released before the U.S. Department of Justice took the unprecedented step of demanding visitor logs containing the IP addresses of website visitors to anti-Trump website disruptj20.org.
The study cites survey results released by Pew Research Center, which show confidence in the U.S. presidents handling of international affairs falling from 64 percent at the end of Obamas term to only 22 percent at the beginning of Trumps.
(A)ny government, legislative and regulatory uncertainty is likely to make organizations think twice about where they host their data, Meier writes in the whitepaper.
Artmotion reported a 45 percent increase in revenue immediately following the PRISM program revelations of 2013, though the loss of business confidence in U.S. data privacy protections did not reach the $35 billion impact through 2016 estimated by the Information Technology and Innovation Foundation at the time.
Part of the reason for this may be slower than expected cloud adoption by European businesses.
IDC research indicates that Western European cloud adoption is about to catch up to that of U.S. businesses, just as the EU seeks clarification from the U.S. about the impact of an early President Trump executive order on the EU-US Privacy Shield.
- VMware Cloud Hosting Services Provider | TrueNorth ITG - April 28th, 2019
- What is cloud hosting? | IBM Cloud - April 18th, 2019
- What is cloud hosting? - Definition from WhatIs.com - April 18th, 2019
- What is Cloud Hosting and What Are the Benefits - April 18th, 2019
- How will cloud hosting affect your SEO campaign? | The Drum - April 18th, 2019
- Cloud Hosting Services | Steadfast - April 18th, 2019
- The Best Cloud Web Hosting Services for 2019 | PCMag.com - April 12th, 2019
- Web Hosting - Hosting Ireland Provides Web Hosting ... - March 23rd, 2019
- ZOOM Web Hosting and Domain Registration Philippines is a ... - March 13th, 2019
- Hostway and HOSTING Merge, Creating One of the Largest ... - March 8th, 2019
- 7 Best Managed Cloud Hosting Providers of 2018 - WPMyWeb - March 2nd, 2019
- Cloud Hosting vs. Shared Hosting Comparison | HostGator - March 2nd, 2019
- Shared Web Hosting Plans - Fast & Secure Shared Hosting ... - February 15th, 2019
- Cloud Hosting Services | Cloud and Hosting | Sungard AS - February 8th, 2019
- 10 Best Cloud Hosting Service in 2019 - AppModo - January 21st, 2019
- Best Cloud hosting January 2019 | WebHostingGeeks - January 21st, 2019
- Cloud Products & Services | HOSTING - January 11th, 2019
- Cloud Hosting - Super Powerful and Fully Redundant | TMDHosting - January 11th, 2019
- Cloud Hosting Services - Secure Managed Cloud Hosting - Bluehost - October 26th, 2018
- Indias Best Cloud Hosting | Cloud Servers | Cloud Service ... - October 16th, 2018
- QuickBooks Hosting Fast, Secure Cloud Hosting | Ace Cloud ... - October 2nd, 2018
- Cloud Services - Deploy web apps & APIs | Microsoft Azure - October 2nd, 2018
- HIPAA Compliant Cloud Hosting Services - atlantic.net - September 15th, 2018
- 2018's Best "Cloud Hosting" Providers | 100% Real Reviews - September 15th, 2018
- Best Cloud Hosting Providers of 2018 | HostAdvice - August 27th, 2018
- Shared Hosting vs Cloud Hosting - How To Start A Blog - August 27th, 2018
- 10 Best Cloud Server Hosting Providers (2018): Top Cloud ... - August 21st, 2018
- Google Cloud IoT Reviews and Pricing - 2018 - July 12th, 2018
- Cloud Hosting Plans - Secure & Scalable Services | HostGator - May 18th, 2018
- Best cloud hosting providers in 2018 | TechRadar - May 14th, 2018
- Cloud Hosting - Cloud - Windows - March 2nd, 2018
- Cloud Servers | Cloud Hosting | Web Hosting - Cirrus Hosting - February 20th, 2018
- Managed Dedicated, Cloud and Hosting Services - February 20th, 2018
- What is Cloud Hosting? | Web Hosting Sun - February 12th, 2018
- Cloud Hosting - Managed Cloud Services - January 9th, 2018
- Cloud Hosting by Perry Hosting - December 11th, 2017
- What Is Cloud Hosting? | GoDaddy - YouTube - December 11th, 2017
- Linux VPS | Best Managed Linux Cloud Hosting - RoseHosting - November 24th, 2017
- Cloud hosting platforms. Part one: Pantheon | ADCI Solutions - November 24th, 2017
- Get to know Linode, the new (big) kid in town - Technical.ly - September 7th, 2017
- 500 Cloud Operators, Managed Service Companies and Hosters to Gather at the 13th Annual Hosting & Cloud ... - Benzinga - September 7th, 2017
- Cloud ERP: The rising alternative to hosting your own - Networks Asia - September 7th, 2017
- Melbourne Server Hosting Renamed to iomart - Web Host Industry Review - September 6th, 2017
- Cloud ERP: The rising alternative to hosting your own - CIO Australia - September 6th, 2017
- Dean Dorton Technology named to Sage Intacct President's Club, Rookie of the Year and New Partner of the Second ... - The Lane Report - September 6th, 2017
- Microsoft Signs Deal to Put More Apps on Huawei's Cloud in China - eWeek - September 6th, 2017
- Cloud Hosting Providers CommsTrader's UK Channel Guide 2017 - CommsTrader - September 5th, 2017
- Huawei announces Microsoft cloud apps partnership - ZDNet - September 5th, 2017
- Cost Reduction Strategies on Java Cloud Hosting Services - InfoQ.com - August 30th, 2017
- Cloud Native The Perfect Storm for Managed SD-WAN Services - Network World - August 30th, 2017
- Why 2017 is the Year to Understand Cloud Computing - Business 2 Community - August 28th, 2017
- President Trump Could Cost US Cloud Computing Providers More Than $10 billion by 2020 - The Data Center Journal - August 28th, 2017
- What You NEED To Look For In A Cloud Hosting SLA - TG Daily (blog) - August 27th, 2017
- President Trump Could Cost US Cloud Computing Providers More ... - The Data Center Journal - August 27th, 2017
- State of Cloud - 2017 - Read IT Quik - August 22nd, 2017
- President Trump could cost US cloud computing providers more than $10 billion by 2020 - Bdaily - August 22nd, 2017
- Microsoft No Longer a PC Company with Deals Like Halliburton, Says Credit Suisse - Barron's - August 22nd, 2017
- Did Snap Make a Mistake With Its $3 Billion in Cloud Contracts? - Madison.com - August 21st, 2017
- Right Networks continues focus on tech improvement with new CIO - Accounting Today - August 21st, 2017
- Altinity Provides Cloud Version of ClickHouse on Kodiak Data MemCloud - Markets Insider - August 21st, 2017
- NASA calls on cloud for online eclipse streaming - GCN.com - August 21st, 2017
- Cloud Hosting Reviews and Comparisons | Cloud Hosting Directory - August 19th, 2017
- Free cloud hosting: comparing the top providers offer - August 19th, 2017
- Microsoft Expands HPC Cloud Portfolio With Cycle Computing Acquisition - eWeek - August 19th, 2017
- UC San Diego Health: Moving Its EHR to the Cloud, Strategically - Healthcare Informatics - August 19th, 2017
- Rackspace's first in-house attorney for international moves on - San Antonio Business Journal - August 19th, 2017
- Microsoft Acquires Cycle Computing to Bulk Up its HPC Cloud Services - eWeek - August 18th, 2017
- Massive Potential Attracts International Players to Iran's Cloud Computing Market, Despite Challenges - PR Newswire (press release) - August 18th, 2017
- These Inventors Need To Conquer Cryptocurrency To Change Cloud Computing - Celebrity Net Worth - August 18th, 2017
- 360 Cloud Solutions now offers Adaptive Insights - Accounting Today - August 18th, 2017
- Hackers breach third party cloud vendor TekLinks - Healthcare IT News - August 18th, 2017
- Stronger security and disaster planning fuel healthcare's migration to the cloud - Healthcare IT News - August 16th, 2017
- Hackers hit dermatology practice through cloud vendor - Information Management - August 16th, 2017
- Hackers hit dermatology practice through cloud vendor - Health Data Management - August 15th, 2017
- Unisecure Hybrid Cloud Hosting Introduces New Integration And Collaboration Support. - HostReview.com (press release) - August 14th, 2017
- CenterGrid Names Kevin Westendorf As Chief Technology Officer - Markets Insider - August 14th, 2017
- Earth911.com - Earth911.com - August 14th, 2017
- Commerce Department Plans to Move Cybersecurity to the Cloud - FedTech Magazine - August 13th, 2017
- Snap CEO Evan Spiegel Makes A Case For Slow User Growth - Fortune - August 11th, 2017
- RiverMeadow and WSM Announce Agreement to Facilitate Cloud Migrations - GlobeNewswire (press release) - August 11th, 2017