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 p.c year-over-year to $18.3 billion.
The agency’s analysts observe the sturdy development is regardless of “tight provide of some system elements and disruptions in transportation networks.”
Devoted cloud infrastructure spending elevated a formidable 20.5 p.c year-over-year in Q1 2022 to achieve $5.9 billion. 47.8 p.c 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 p.c 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 p.c 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 development fee of 14.5 p.c between 2021-2026 to achieve $145.2 billion.
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