International Data Corpora-tion, IDC, has said that Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 27.3% year-over-year in the fourth quarter of 2017 (4Q17), has reached $12.8 billion.
In its Worldwide Tracker, IDC said, for 2017, the combined public and private cloud deployments continued the double-digit annual growth trend from past years with revenues reaching $43.4 billion for 21.7% year-over-year growth.
According to the market intelligence provider, public cloud infrastructure revenue has almost doubled in the past two years to $8.5 billion, growing 34.0% year-over-year in 4Q17, while private cloud revenue reached $4.3 billion for an annual increase of 15.7%, and total worldwide cloud IT infrastructure revenue in 2017 increased more than double when compared to 2013.
IDC said; “The combined public and private cloud revenues now represent 42.2% of the total worldwide IT infrastructure spending, up from 39.3% a year ago. The traditional (non-cloud) IT infrastructure revenue grew 12.8% from a year ago, although it has been generally declining over the past several years; and at $17.5 billion in 4Q17, it still represents 57.8% of total worldwide IT infrastructure spending.”
The Research Director for Computing Platforms at IDC, Kuba Stolarski, said: “Last year, 2017, finished strong for public cloud IT infrastructure growth, led by continued expansion by Amazon and renewed growth in Google and Facebook infrastructure. While there has been high growth in all IT infrastructure segments lately, public cloud, led by the hyperscalers, has resulted in the largest share of infrastructure growth, which is expected to continue at this pace for at least a few more quarters.”
Except for Latin America and Japan revenue, which grew 6.2% and 4.8% respectively from a year ago, IDC said all other regions in the world grew their cloud IT Infrastructure revenue by double digits. Asia-Pacific (excluding Japan) and Central and Eastern Europe saw the fastest growth rates at 59.0% and 34.1%, respectively. Canada 23.3%, Middle East and Africa 27.5% and USA 21.1%, had annual growth in the 20s, while Western Europe 16.6% had annual growth in the 10s.
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