Global cloud IT infra market grows by 25.1% in Q1

According to research firm IDC, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 25.1% year-over-year to nearly $6.3 billion in the first quarter of 2015 (1Q15).

cloud infra

This was the second highest growth in the five quarters in which IDC has tracked year-over-year revenue and the second largest in terms of total spending in nine quarters of tracking.

Cloud IT infrastructure spending climbed to nearly 30% of overall IT infrastructure spending in 1Q15, up from 26.4% a year ago.

Revenue from infrastructure sales for private cloud grew 24.4% year-over-year to $2.4 billion while sales for public cloud grew 25.5% to $3.9 billion.

In comparison, the non-cloud IT infrastructure segment increased by 6.1% in the first quarter, largely driven by increased sales of servers while storage sales declined and sales of Ethernet switches grew just by 1%.

All three technology markets showed strong year-over-year growth in both private and public cloud segments, with servers experiencing the highest growth at 28% and 33%, respectively.

“Cloud IT infrastructure growth continues to outpace the growth of the overall IT infrastructure market, driven by the transition of workloads onto cloud-based platforms,” said Kuba Stolarski, research manager at IDC.

“Both private and public cloud infrastructures have been growing at a similar pace, suggesting that customers are open to a broad array of hybrid deployment scenarios as they modernize their IT for the 3rd Platform, begin to deploy next-gen software solutions, and embrace modern management processes that enable agile, flexible, and extensible cloud platforms.”

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