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The following is the In the third quarter of 2020, the expenditure on public cloud IT infrastructure will reach US $13.3 billion, with a year-on-year growth of 13.1% From IDC recommended by recordtrend.com. And this article belongs to the classification: IDC, cloud computing.
According to the global cloud IT infrastructure quarterly tracking report released by IDC, in the third quarter of 2020, the revenue of suppliers from the sales of IT infrastructure products (servers, enterprise storage systems and Ethernet switches) for cloud environment (including public cloud and private cloud) increased by 9.4% year on year.
In the third quarter of 2020, investment in traditional non cloud IT infrastructure decreased by 8.3% year on year.
Such covid-19 growth rate indicates that the market has responded to the major adjustment triggered by the new crown epidemic in business, education and social activities, and also indicates the role of IT infrastructure in these adjustments. All over the world, all aspects of human life have rapidly turned to online tools, including collaboration, virtual business activities, entertainment, shopping, telemedicine and education. The cloud environment (especially the public cloud) is the key factor to promote this change.
In the third quarter of 2020, the expenditure on public cloud IT infrastructure increased by 13.1% year on year to reach US $13.3 billion. In the last quarter, public cloud IT infrastructure spending exceeded non cloud IT infrastructure spending for the first time in history, but non cloud IT infrastructure spending returned to a high level in the third quarter of 2020, reaching $13.7 billion.
IDC predicts that public cloud IT infrastructure spending will again exceed non cloud IT infrastructure spending in the near future, and expand the lead. In the third quarter of 2020, the expenditure on private cloud infrastructure increased slightly by 0.6% year-on-year to reach US $5 billion, of which local private cloud accounted for 63.2%.
IDC believes that the hardware infrastructure market has reached the tipping point, and the cloud environment will continue to occupy an increasing share in the total expenditure. Covid-19, with the remaining fourth quarters, and the market becoming stable after the initial impact of the new crown epidemic, IDC has slightly raised the forecast for cloud IT infrastructure spending in 2020, and is expected to grow by 11.1% to $74 billion 100 million. IDC cut its forecast for non cloud infrastructure spending, which is expected to plummet by 11.4% to $60.2 billion. It is estimated that the public cloud IT infrastructure will grow by 16.7% to US $52.7 billion, and the private cloud infrastructure expenditure will decline by 0.5% to US $21.3 billion.
Since 2019, in terms of computing platforms and Ethernet switches, cloud environment has been dominant compared with non cloud IT environment, while most newly delivered storage platforms still reside in non cloud environment. Starting in 2020, as public cloud providers increase their investment in storage platforms, this transformation will continue in all three technology areas.
In the cloud deployment environment in 2020, the computing platform will still be the largest piece of expenditure (49.1%), with an increase of 2.3% to US $36.4 billion;
The storage platform will be the fastest growing part, and the expenditure will soar by 27.4% to $29.2 billion;
Ethernet switches will grow by 4.0% year on year to reach US $8.5 billion.
In the third quarter of 2020, cloud IT infrastructure spending grew in most regions: Canada (32.8%), China (29.4%) and Latin America (23.4%) had the highest annual growth rates. The growth rate of the United States was 4.7%, while that of Japan and Western Europe decreased by 6.7% and 3.4% respectively. In all regions except Canada and Japan, the growth of public cloud infrastructure spending exceeds that of private cloud it spending.
As for suppliers, the results were mixed. Inspur, Huawei and Lenovo achieved double-digit year-on-year growth, while most other major suppliers (including ODM direct) only achieved single digit growth. Cisco is the only major supplier with a year-on-year decline.
Supplier revenue, market share and year-on-year growth rate of global cloud IT infrastructure companies in the third quarter of 2020 (revenue unit: US $million)
Source: IDC’s “cloud IT infrastructure quarterly tracking report”, the third quarter of 2020.
*When the difference in revenue share between two or more suppliers is no more than 1%, IDC announces that they are in a statistical juxtaposition in the global cloud IT infrastructure market.
A due to the existing joint venture between HPE and Xinhua Group 3, starting from the second quarter of 2016, IDC reported HPE’s global external market share, collectively referred to as “HPE / Xinhua Group 3” share.
B due to the existing joint venture between IBM and Inspur, starting from the third quarter of 2018, IDC reports the global external market share of Inspur and Inspur business machines, collectively referred to as “Inspur / Inspur business machines”.
In the long run, IDC expects cloud IT infrastructure spending to grow at a CAGR of 10.6% in five years and reach $110.5 billion by 2024, accounting for 64.0% of the total IT infrastructure spending. Public cloud data centers will account for 69.9% of this amount, with a compound annual growth rate of 11.3%. Private cloud infrastructure spending will grow at a compound annual growth rate of 9.2%. Non cloud IT infrastructure spending will rebound after 2020, but on the whole, it will decline at a compound annual growth rate of – 1.7%.
IDC: it is estimated that the global SaaS market will exceed 14 billion US dollars in 2017. IDC: in the first half of 2020, China’s overall cloud professional services market will reach 7.19 billion RMB, a year-on-year increase of 12.3% IDC: in the first half of 2020, China’s enterprise class application software SaaS Market will reach 1.36 billion US dollars, a year-on-year increase of 27% IDC: in Q1 of 2020, the global server market revenue will reach 18.6 billion US dollars 6.0% year on year decrease IDC: the global public cloud service market will reach US $233.4 billion in 2019, with a year-on-year increase of 26% IDC: China’s overall cloud professional service market will reach RMB 6.88 billion in the second half of 2019, with a year-on-year increase of 25.8% IDC: the scale of China’s industrial cloud market will reach US $2.87 billion in 2019 Year on year growth of 59.8% IDC: the overall market size of China’s public cloud services in the first half of 2018 exceeds US $3 billion IDC: China’s cloud computing market in 2018 Alibaba cloud’s share is as high as 45.5% IDC: in 2018, the global four major industries (finance, manufacturing, medical and public sectors) spent $22.5 billion on cloud IDC: in 2017, China’s public cloud service market exceeded $4 billion IDC: in the first half of 2017, China’s public cloud IAAs market share Alibaba cloud’s share expands to 47.6% IDC: the global cloud IT infrastructure market in Q3 in 2016 reaches US $8.4 billion IDC: 56% of European enterprise IT departments lack cloud service professionals IDC: the market size of China’s software defined computing software market in the first half of 2019 reaches US $340 million
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