Enterprise spending on cloud infrastructure services reached $178 billion in 2021, an increase of 37 percent compared to 2020, with enterprises across the globe investing in the likes of Amazon Web Services, Microsoft and Google Cloud compared to products inside their own data centers.
“Enterprises are now spending twice as much on cloud services as they spend on their own data centers,” said John Dinsdale, a Chief Analyst at IT research firm Synergy Research Group in an email to CRN. “It’s a strong testimony to the value and attractiveness of cloud services that the 2021 market growth rate actually exceeded 2020 growth, despite the enormous scale that has already been achieved.”
According to new data from Synergy Research Group, total spending on cloud services climbed to $178 billion in 2021 compared to $130 billion in 2020, representing a spike of 37 percent.
Source: CRN