Cloud IT Infrastructure Spending Will Reach $44 Billion In 2017, Forecast Says
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase by 18.2% in 2017 to reach $44.2 billion. Of this amount, the majority (61.2%) will be done by public cloud datacenters, while off-premises private cloud environments will contribute 14.6% of spending. With increasing adoption of private and hybrid cloud strategies within corporate datacenters, spending on IT infrastructure for on-premises private cloud deployments will growth at 16.6%. In comparison, spending on traditional, non-cloud, IT infrastructure will decline by 3.3% in 2017 but will still account for the largest share (57.1%) of end user spending.
Ethernet switches will be fastest growing segment of cloud IT infrastructure spending, increasing 23.9% in 2017, while spending on servers and enterprise storage will grow 13.6% and 23.7%, respectively. In all three technology segments, spending on private cloud deployments will grow faster than public cloud while investments on non-cloud infrastructure will decline.
An interactive graphic showing worldwide spending share for public cloud, private cloud, and traditional datacenters over the 2015-2020 forecast period is available here. More details about the findings in this study and additional data can be found by viewing this press release on IDC.com.
