Security News > 2021 > July > Cloud infrastructure spending reached $15.1 billion in 1Q21

Spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, increased 12.5% year over year in the first quarter of 2021 to $15.1 billion, according to IDC. Investments in non-cloud infrastructure increased 6.3% year over year in 1Q21 to $13.5 billion.

Shared cloud infrastructure spending is expected to surpass non-cloud infrastructure spending in the near future.

Spending on dedicated cloud infrastructure increased 14.7% year over year in 1Q21 to $4.8 billion with 45.5% of this amount deployed on customer premises.

With healthy first quarter results and the overall infrastructure market beginning to recover from the pandemic, cloud infrastructure spending could to grow 12.9% to $74.6 billion for 2021, while non-cloud infrastructure is expected to grow 2.7% to $58.5 billion after two years of declines.

Long-term, spending on compute and storage cloud infrastructure is expected to have a compound annual growth rate of 11.3% over the 2021-2025 forecast period, reaching $112.9 billion in 2025 and accounting for 66.1% of total compute and storage infrastructure spend.

Shared cloud infrastructure will account for 67.5% of this amount, growing at a 10.5% CAGR. Spending on dedicated cloud infrastructure will grow at a CAGR of 13.1%. Spending on non-cloud infrastructure will rebound slightly in 2021 but will flatten out at a CAGR of 0.3%, reaching $57.9 billion in 2025.

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