Kaltura Poised to Capitalize on $405.7B IT Market and $305B Cloud Surge
Kaltura is positioned to benefit from surging IT infrastructure spending as the U.S. IT services market reached $405.7 billion in 2023. Global cloud managed services spending may climb from $134.4 billion in 2024 to $305 billion by 2030, with IT outsourcing potentially exceeding $1.2 trillion by 2030.
1. Rapid IT Services Growth
Demand for managed cloud services, AI integration, cybersecurity and hybrid work support propelled the U.S. IT services market to $405.7 billion in 2023. Analysts forecast global cloud managed services will more than double from $134.4 billion in 2024 to $305 billion by 2030, and IT outsourcing could exceed $1.2 trillion by that year.
2. Strategic Positioning of Kaltura
Kaltura operates in digital marketing, cloud infrastructure, managed IT services and online business solutions, aligning its offerings with major industry growth drivers. The company’s expertise in scalable media distribution and enterprise cloud integrations positions it to leverage rising enterprise investments in AI-ready infrastructure and cybersecurity.