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IDC: Worldwide Cloud IT Infrastructure Spend Grew 21.9% in 2015

Vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 21.9% year over year to $29.0 billion in 2015, according to a new report from IDC.

“The cloud IT infrastructure market continues to see strong double-digit growth with faster gains coming from public cloud infrastructure demand,” said Kuba Stolarski, Research Director for Computing Platforms at IDC. “End customers are modernizing their infrastructures along specific workload, performance, and TCO requirements, with a general tendency to move into 3rd Platform, next-gen technologies.”

Some highlights:

http://www.idc.com/getdoc.jsp?containerId=prUS41176716

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