IDC: Cloud spending among fastest growing IT segments in 2017

IDC has revealed that cloud spending will be among the fastest growing IT segments in 2017 [Image: Just_Super via iStock]

Total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will rise by 12.4 per cent year on year in 2017 to $40.1 billion (£31 billion), according to the International Data Corporation (IDC).

The IDC Worldwide Quarterly Cloud IT Infrastructure Tracker found that public cloud data centres will account for 14.9 per cent of overall spending, growing by 11.9 per cent year on year.

Meanwhile, on-premises private clouds will account for 62.2 per cent of spending on private cloud IT infrastructure, growing by 9.6 per cent year on year in 2017.

According to the report, an increase in spending on cloud IT infrastructure and decreasing investments in non-cloud IT infrastructure will be a common occurrence in all regions.

Global spending on traditional non-cloud IT infrastructure is predicted to decline by 4.6 per cent in 2017. IDC forecast that it will account for 58.7 per cent of the overall end-user spending on IT infrastructure products across the three segments. This is down from 62.6 per cent in 2016.

"The overall profile of spending on IT infrastructure in various deployment/location scenarios seen in 2016 will continue in 2017 with some differences in specific technology segments," said Natalya Yezhkova, research director of Enterprise Storage.

She went on to say that enterprise adoption of “hybrid and multi-cloud IT strategies and the proliferation of cloud-native applications and areas such as the Internet of Things (IoT), which embrace a cloud-first approach to supporting IT resources, will fuel further increases in end-user spending on services-based IT”.

This move will then be reflected in a shift of the overall spending on IT infrastructure from on-premises to off-premises deployments and from traditional IT to cloud IT.