The HAN GINS Cloud Technology ETF (LON:SKYY) co-creator Anthony Ginsberg tells Proactive he expects cloud spending to rise to $500B within 2 years, driven by continued working from home behavior, including 80% of companies gravitating towards cloud contracts. What's more, Ginsberg says online gaming is gaining ground, already triple the size at $152B compared to the Hollywood Box Office. He adds on the healthcare side, hospitals are the fastest growing spenders particularly in tech wearables and tele-health.
The HAN GINS Cloud Technology ETF co-creator expects cloud spending to rise to $500B within 2 years