Friday, 24 March, 2023
Global cloud infrastructure spending to exceed $90B by 2022: IDC

<p>In 2022, global cloud infrastructure spending is expected to exceed $90B, up 21.7% from 2021. Non-cloud infrastructure, on the other hand, is predicted to fall slightly, down 0.3% to $59.4B, according to an IDC report. Cloud infrastructure spending reached $73.9B in 2021, up 8.8% from 2020. It climbed 13.5% year over year to $21.1B in Q4 2021.IDC expects shared cloud infrastructure spending expected to surpass non-cloud infrastructure spending in 2022.</p>
Read full story at The Newsmen
Tags: