Insights

  • Home
  • Insights
  • Article | Cloud Infrastructure Spending Closes Out the Fourth Quarter and 2021 with Strong Growth, According to IDC

Article | Cloud Infrastructure Spending Closes Out the Fourth Quarter and 2021 with Strong Growth, According to IDC

Name company:
Business Wire
Type:
Article
Category:
Uncategorized
Article | Cloud Infrastructure Spending Closes Out the Fourth Quarter and 2021 with Strong Growth, According to IDC

Source: Business Wire

“NEEDHAM, Mass.–(BUSINESS WIRE)–According to the International Data Corporation (IDCWorldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, increased 13.5% year over year in the fourth quarter of 2021 (4Q21) to $21.1 billion. This marked the second consecutive quarter of year-over-year growth as supply chain constraints have depleted vendor inventories over the past several quarters. As backlogs continue to grow, pent-up demand bodes well for future growth as long as the economy stays healthy, and supply catches up to demand.”

Commscope

Contact Article | Cloud Infrastructure Spending Closes Out the Fourth Quarter and 2021 with Strong Growth, According to IDC

Please, register or sign in to continue using the site.

Register

It's free!