Telecom News Hubb
Advertisement
  • Home
  • News
  • Telecom
  • Contact us
No Result
View All Result
  • Home
  • News
  • Telecom
  • Contact us
No Result
View All Result
Telecom News Hubb
No Result
View All Result
Home News

IDC: Cloud deployment spending up nearly 25% YOY in Q3

admin by admin
January 16, 2023
in News


Spending on compute and storage infrastructure for cloud deployments was up nearly 25% year-over-year in the third quarter of 2022 and reached $23.9 billion, according to new numbers from IDC.

The analyst firm said that non-cloud computing infrastructure spending also saw strong year-over-year growth at 16.5% for a market size of $16.8 billion—but cloud definitely has the numbers advantage.

“The market continues to benefit from high demand and large backlogs, coupled with an improving infrastructure supply chain,” IDC said in a release.

IDC broke the market into two segments: Shared cloud services, which it defined as cloud services that are generally available to various enterprises and consumers and designed for a market, not a specific business; and dedicated cloud infrastructure, which supports cloud services that are shared within/across an enterprise with restrictions on access and which are controlled by the enterprise.

Dedicated cloud infrastructure spending was up 25.3% in the third quarter of 2022, to $7.1 billion. Within the dedicated cloud infrastructure segment, 45.2% was deployed on-premise, IDC added.

The company also said that service providers as a group (including cloud service providers, digital service providers, communications service providers and managed service providers) spent about $23.9 billion on compute and storage infrastructure during the third quarter, up 22.5% from the prior year, and accounted for 58.7% of the market.

IDC expects full-year cloud infrastructure spending for 2022 to end up with year-over-year growth of 19.6% to $88.1 billion, compared to an 8.6% increase in spending from 2020 to 2021.

For the service provider segment, IDC expects that their full-year cloud spending will total $87.8 billion for 2022, up 17.5% from the year before. On a regional basis, the Middle East and Africa, the United States and Western Europe grew the most, IDC added.



Source link

Previous Post

5 Channel Partner & MSP Market News Updates: 12 January 2023

Next Post

Achieving the optimal mobile network synchronization

Next Post

Achieving the optimal mobile network synchronization

Recommended

Woman Says Salon Used Printer Paper to Wax Her Legs

December 3, 2022

New Amnesia game offers ‘semi-open world’ gameplay and a gun

December 1, 2022

Best wireless earbuds in 2022

November 18, 2022

AT&T Q4 results reveal wireless customer, profit gains

January 25, 2023

Huawei and Orange Egypt Promise New Energy-efficient Networks at COP27

November 24, 2022

Don't miss it

News

Marvel Snap’s new Battle Mode is live

January 31, 2023
Telecom

Walmart Shopper Shows Store Now Sells 2-Pack Sugar Cookies

January 30, 2023
News

The future of broadband service delivery

January 30, 2023
News

What do first responders want from communications tech?

January 30, 2023
News

Helpdesk M&A: SupportLogic Acquires Emtropy Labs for AI-Enabled Support Analytics

January 30, 2023
News

SpaceX Crew Dragon vehicle could be used to evacuate ISS astronauts in an emergency

January 30, 2023

Telecomm-white

© 2022 Telecomm News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Telecom
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Telecom
  • Contact us

© 2022 Telecomm News Hubb All rights reserved.