IDC: Decline in Cloud IT Infrastructure Spending Driven by Public Cloud Segment
Vendor revenues from sales of IT infrastructure products (servers, enterprise storage, and Ethernet switches) for cloud environments, including public and private cloud, has declined in the 3rd quarter of 2019, according to IDC.
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The International Data Corporation (IDC) has reported that there has been a 13.5% increase in spending on computing and storage infrastructure products for cloud infrastructure, based on data from its Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment. Cloud infrastructure spending in 2021 In the fourth quarter of 2021…
International Data Corporation (IDC) reveals that cloud infrastructure spending saw a substantial surge... The post Cloud infrastructure spending to reach $156.7 billion by 2027, led by shared cloud infrastructure – IDC appeared first on Latest Digital Transformation Trends | Cloud News | Wire19.
European ICT spending will reach $1.1 trillion in 2022 and close to $1.4 trillion by 2026, driven by software investments, according to forecast by IDC, a telecoms market research firm. Growing at 5% (CAGR) between 2021–2026, the technology investment will be predominantly driven by spending in software, underpinned by the…