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HomeCloud ComputingIDC predicts cloud infrastructure spending this yr will hit $90.2B

IDC predicts cloud infrastructure spending this yr will hit $90.2B

IDC forecasts that cloud infrastructure spending will exceed $90 billion in 2022.

In Q1 2022, IDC discovered that spending on compute and storage infrastructure merchandise for cloud deployments – together with devoted and shared environments – elevated 17.2 % year-over-year to $18.3 billion.

The agency’s analysts word the sturdy progress is regardless of “tight provide of some system elements and disruptions in transportation networks.”

Devoted cloud infrastructure spending elevated a powerful 20.5 % year-over-year in Q1 2022 to succeed in $5.9 billion. 47.8 % of the infrastructure was deployed on-prem.

Spending on shared cloud infrastructure additionally continues to develop healthily with $12.5 billion spent in Q1 2022, a 15.7 % year-over-year enhance. IDC expects spending on shared cloud infrastructure to surpass non-cloud infrastructure for the primary time in 2022.

General, IDC forecasts cloud infrastructure spending to develop 22 % in 2022 in comparison with 2021 to hit $90.2 billion.

Lengthy-term, the corporate expects spending on compute and storage cloud infrastructure may have a compound annual progress fee of 14.5 % between 2021-2026 to succeed in $145.2 billion.

(Photograph by Giorgio Trovato on Unsplash)

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