Menu
Cloud IT infrastructure tops $32 billion as market momentum gathers pace

Cloud IT infrastructure tops $32 billion as market momentum gathers pace

"The pace of adoption of cloud-based platforms will not abate for quite some time."

Total cloud IT infrastructure spending (server, disk storage, and ethernet switch) will grow by 21 percent year over year to $32 billion in 2015, accounting for approximately 33 percent of all IT infrastructure spending, which will be up from about 28 percent in 2014.

According to latest IDC findings, private cloud IT infrastructure spending will grow by 16 percent year over year to $12 billion, while public cloud IT infrastructure spending will grow by 25 percent in 2015 to $21 billion.

For the full year 2014, cloud IT infrastructure spending totalled $26.4 billion, up 18.7 percent year over year from $22.3 billion; private cloud spending was just under $10.0 billion, up 20.7 percent year over year, while public cloud spending was $16.5 billion, up 17.5 percent year over year.

For the five-year forecast period, IDC expects that cloud IT infrastructure spending will grow at a compound annual growth rate (CAGR) of 14 percent; both public cloud and private cloud are expected to grow at the same CAGR.

By 2019, IDC expects cloud IT infrastructure spending to be $52 billion, or 45 percent of total IT infrastructure spend; public cloud will represent about $32 billion of that amount, and private cloud will account for the remaining $20 billion.

“The pace of adoption of cloud-based platforms will not abate for quite some time, resulting in cloud IT infrastructure expansion continuing to outpace the growth of the overall IT infrastructure market for the foreseeable future,” says Kuba Stolarski, Research Manager, Server, Virtualisation and Workload Research, IDC.

“As the market evolves into deploying 3rd Platform solutions and developing next-gen software, organisations of all types and sizes will discover that traditional approaches to IT management will increasingly fall short of the simplicity, flexibility, and extensibility requirements that form the core of cloud solutions.”


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags CloudIDC

Featured

Slideshows

Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Show Comments