Worldwide Data Centre Hardware & Software Spending Set To Reach Over $93 Billion

Data centre spending did spike in 2018, but despite the increase, growth in cloud spending did not miss a beat in 2018 and then grew again by almost 40% in 2019, according to a review by Synergy Research Group of enterprise IT spending over the last ten years.

Over the whole decade, average annual spending growth for data centre was 4% and for cloud services was 56%.

It was also revealed that the year 2019 is set to mark the first time that enterprises spend more on cloud services (IaaS, PaaS and hosted private cloud) than they do on data centre equipment.

Based on actual spending in Q1-Q3 and its forecast for Q4, Synergy projects that 2019 worldwide spending on data centre hardware and software (comprising servers, storage, networking, security and associated software) will be over $93bn.

Server share of the total data centre market remained steady while storage share declined, and Synergy projects that 2019 worldwide spending on cloud infrastructure services will reach $97bn.―Data Economy