Industry News
A certain forecast: Global cloud infrastructure spending will reach $101.4 billion in 2023
Views : 608
Author : JIUZHOU
Update time : 2023-10-20 10:17:44
In 2023, cloud infrastructure spending will increase 10.6% from 2022, reaching $101.4 billion. This was slightly higher than the previous forecast of 7.3% growth. Non-cloud infrastructure spending is expected to reach $58.5 billion, down 7.9%. Slow growth forecasts for non-cloud infrastructure reflect expectations that the market will face headwinds.
According to a certain latest report, the second quarter of 2023 (2Q23). Spending on computing and storage infrastructure products for cloud deployments increased 7.9% year over year. Reaching US$24.6 billion.
Cloud infrastructure spending continues to outpace non-cloud infrastructure spending, which fell 8.3% to $14.4 billion in 2Q23. Demand in the cloud infrastructure segment fell by 23.2%.But the average selling price (ASP) increased.
In the first half of 2023, shared cloud infrastructure spending exceeded non-cloud spending, accounting for 45.8% of total infrastructure spending. Dedicated cloud infrastructure spending fell 4.9% year-on-year in 2Q23 to $6.7 billion.
According to this forecast, cloud infrastructure spending will increase by 10.6% in 2023 compared with 2022. Reaching US$101.4 billion. This was slightly higher than the previous forecast of 7.3% growth. Non-cloud infrastructure spending is expected to reach $58.5 billion, down 7.9%.
Shared cloud infrastructure spending is expected to reach $72 billion for the full year, an increase of 13.5%. Spending on dedicated cloud infrastructure is expected to grow 4.1%, reaching $29.4 billion for the full year. Slow growth forecasts for non-cloud infrastructure reflect expectations that the market will face headwinds.
According to this forecast, in the long term, during the forecast period of 2022-2027. Cloud infrastructure spending will grow at a compound annual growth rate (CAGR) of 11.3%.
It is expected to reach $156.7 billion by 2027, accounting for 69.4% of total computing and storage infrastructure spending. Shared cloud infrastructure spending will grow at a CAGR of 11.6% and will reach $109.7 billion by 2027.
Spending on dedicated cloud infrastructure will grow at a compound annual growth rate of 10.7% to $47 billion.
Spending on non-cloud infrastructure will grow at a compound annual growth rate of 1.7%, reaching $69.1 billion by 2027. Service provider spending on computing and storage infrastructure is expected to grow at a CAGR of 10.9%. It will reach US$152.6 billion by 2027.
According to a certain latest report, the second quarter of 2023 (2Q23). Spending on computing and storage infrastructure products for cloud deployments increased 7.9% year over year. Reaching US$24.6 billion.
Cloud infrastructure spending continues to outpace non-cloud infrastructure spending, which fell 8.3% to $14.4 billion in 2Q23. Demand in the cloud infrastructure segment fell by 23.2%.But the average selling price (ASP) increased.
In the first half of 2023, shared cloud infrastructure spending exceeded non-cloud spending, accounting for 45.8% of total infrastructure spending. Dedicated cloud infrastructure spending fell 4.9% year-on-year in 2Q23 to $6.7 billion.
According to this forecast, cloud infrastructure spending will increase by 10.6% in 2023 compared with 2022. Reaching US$101.4 billion. This was slightly higher than the previous forecast of 7.3% growth. Non-cloud infrastructure spending is expected to reach $58.5 billion, down 7.9%.
Shared cloud infrastructure spending is expected to reach $72 billion for the full year, an increase of 13.5%. Spending on dedicated cloud infrastructure is expected to grow 4.1%, reaching $29.4 billion for the full year. Slow growth forecasts for non-cloud infrastructure reflect expectations that the market will face headwinds.
According to this forecast, in the long term, during the forecast period of 2022-2027. Cloud infrastructure spending will grow at a compound annual growth rate (CAGR) of 11.3%.
It is expected to reach $156.7 billion by 2027, accounting for 69.4% of total computing and storage infrastructure spending. Shared cloud infrastructure spending will grow at a CAGR of 11.6% and will reach $109.7 billion by 2027.
Spending on dedicated cloud infrastructure will grow at a compound annual growth rate of 10.7% to $47 billion.
Spending on non-cloud infrastructure will grow at a compound annual growth rate of 1.7%, reaching $69.1 billion by 2027. Service provider spending on computing and storage infrastructure is expected to grow at a CAGR of 10.9%. It will reach US$152.6 billion by 2027.
Related News
Read More >>
Optical Connectivity: The Engine of AI Scaling
May .08.2026
With the rapid growth of generative AI and large language models, data centers are quickly becoming intelligent computing centers. The growing demand for computing power from AI models is not just about performance.
5G Core & MEC: AI-Driven Growth Through 2030
Apr .17.2026
Global communications infrastructure is currently witnessing a long-awaited "second wave of explosive growth."
6G Outlook: The Future of Next-Gen Wireless Communication
Apr .03.2026
The transition from 5G to 6G is more than just faster internet speeds. 6G will bring new changes to network design, operation, and business models. Wireless communication will become smarter, more efficient, and more energy-efficient.
Ready or Not, Next-Gen Communication Is Here
Mar .20.2026
Standardization efforts for the next generation of mobile communication technologies commenced in 2025. They project commercial deployment to take place around 2030.