Total cloud IT infrastructure spending (server, disk storage, and ethernet switch) grew by 14.4% year over year to $8.0B in the fourth quarter of 2014 (4Q14), according to International Data Corporation (IDC). The cloud IT infrastructure spending accounts for approximately 30% of all IT infrastructure spend, up from about 27% one year ago.
For the full year 2014, cloud IT infrastructure spending totaled $26.4B, up 18.7% year over year from $22.3B; private cloud spending was just under $10.0B, up 20.7% year over year, while public cloud spending was $16.5B, up 17.5% year over year.
“The transition to cloud-oriented infrastructure and data platform architectures within enterprises’ datacenters continues to accelerate, yet the expansion of public cloud infrastructure in service providers’ datacenters around the world is an even larger driver of IT spending,” observed Richard Villars, Vice President, Datacenter and Cloud research at IDC. “A key driver of this acceleration is organizations’ development and use of new Internet of Things services that require levels of agility and scale that only cloud solutions can deliver.”
For this second quarterly release of Cloud IT market results, IDC has expanded its worldwide coverage to include detail for 8 regions: Asia/Pacific (ex. Japan), Canada, Central & Eastern Europe, Japan, Latin America, Middle East & Africa, USA, and Western Europe.
In 4Q14, USA had the highest share of overall cloud IT infrastructure spending with 64%, followed by Asia/Pacific (ex. Japan) with 17% and Western Europe with 12%. Western Europe had the highest growth in cloud IT infrastructure spending with 30% year over year growth.
IDC‘s Worldwide Quarterly Cloud IT Infrastructure Tracker is designed to provide clients with a better understanding of what portion of the server, disk storage systems, and networking hardware markets are being deployed in cloud environments. This tracker will break out vendors’ revenue by the hardware technology market into public and private cloud environments for historical data and also provide a five-year forecast by the technology market.