Cloud IT spending grew 2.1% to $66.8 bn: IDC

End-user spending on IT infrastructure products such as server, enterprise storage, and Ethernet switch for public and private cloud, rose 12.4 percent to $19.4 billion in Q4 2019.
Public Cloud forecast for CIOs
The growth in 2019 was 2.1 percent at $66.8 billion.

IT infrastructure market rose 3.3 percent to $38.1 billion in 4Q19 but declined 1.1 percent to $134.4 billion in the full year.

Non-cloud IT infrastructure fell 4.6 percent to $18.7 billion for the quarter and declined 4.1 percent to $67.7 billion for the year.

Related News

Latest News

Latest News