Cloud providers accounted for one-fifth of global spend on data center hardware and software a decade ago. By 2030, SRG expects hyperscalers to consume nearly two-thirds of the market.

Cloud data center industry is expected to register 10% CAGR between 2023 and 2032 propelled by increased adoption of cloud-based services.Selbyville, Delaware, April 17, 2023 (GLOBE NEWSWIRE ...

And, driven by the rapid increase in use of cloud apps, data center traffic is growing fast, expected to reach 19.5 zettabytes (ZB) per year by 2021, up from a mere 6.0ZB per year in 2016 ...

Enterprises increased their spending on cloud infrastructure by almost 35% to reach almost $130 billion in 2020, far outpacing their spending on on-prem data centers, according to a new research.

In 2017, on-prem data centers accounted for nearly 60% of capacity. ... At the same time, hyperscale data centers operated by the largest cloud companies will continue to grow at a hefty rate.

Spending on data center hardware and software reached $41.4 billion in the second quarter of 2020, fueled by a 25 percent spending spike by public cloud providers like AWS, Google and Microsoft.

Contacts. Press Contacts: Philipp Jaensch, ISG +49 151 730 365 76 [email protected] Matthias Longo, Palmer Hargreaves for ISG +49 152 341 464 63 [email protected] ...

The market researcher identified 28 data center deals worth a total of $14.8 billion have closed so far this year, and 17 more deals are pending.