Cloud IT spending in 2019 to grow 1.6% to $66.9 bn

IT infrastructure revenue for cloud grew 11.4 percent in the first quarter of 2019 to $14.5 billion, according to IDC.

Dell Technologies with 17.8 percent share, HPE with 12 percent, Cisco with 7.2 percent, Lenovo with 4.6 percent and Inspur with 4.4 percent are the leaders in the Cloud IT infrastructure market in Q1 2019.
Cloud IT infrastructure market Q1 2019
IDC also lowered its forecast for total spending on cloud IT infrastructure in 2019 to $66.9 billion – down 4.5 percent from last quarter’s forecast – with slower year-over-year growth of 1.6 percent.

Revenue from hardware infrastructure sales to public cloud increased 8.9 percent to $9.8 billion.

Public cloud IT infrastructure revenue will be dropping 2.2 percent to $44.5 billion in 2019, IDC said.

Private cloud infrastructure revenue increased 16.9 percent to $4.7 billion. Private cloud infrastructure spending will grow 10.1 percent in 2019.

Spending on the three technology segments in cloud IT environments is forecast to deliver growth for Ethernet switches and storage platforms while compute platforms are expected to decline in 2019. Ethernet switches will be the fastest growing at 20.9 percent, while spending on storage platforms will grow slightly at 1.9 percent.

Compute platforms will decline by 2.8 percent in 2019 but will remain the largest category of spending on cloud IT infrastructure at $34.2 billion.

Sales of IT infrastructure products into traditional (non-cloud) IT environments remained flat. Spending on traditional non-cloud IT infrastructure is expected to decline 3.5 percent.

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