Global Cloud infrastructure spending to reach $90 bn in 2022: IDC

In 2021, the cloud infrastructure spending reached $73.9 billion, up 8.8 per cent over 2020. In Q4 2021, it increased 13.5 per cent (year over year) to reach $21.1 billion. This marked the second consecutive quarter of year-over-year growth as supply chain constraints have depleted vendor inventories over the past several quarters.

The global cloud infrastructure spending is set to reach $90 billion in 2022 -- a 21.7 per cent growth compared to 2021, while non-cloud infrastructure is expected to decline slightly, down 0.3 per cent to $59.4 billion, according to an IDC report.

In 2021, the cloud infrastructure spending reached $73.9 billion, up 8.8 per cent over 2020. In Q4 2021, it increased 13.5 per cent (year over year) to reach $21.1 billion.

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This marked the second consecutive quarter of year-over-year growth as supply chain constraints have depleted vendor inventories over the past several quarters.

"As backlogs continue to grow, pent-up demand bodes well for future growth as long as the economy stays healthy, and supply catches up to demand," said the IDC.

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Spending on shared cloud infrastructure reached $14.4 billion in the fourth quarter of 2021, increasing 13.9 per cent compared to a year ago, and grew to $51.4 billion for 2021, an increase of 7.5 per cent.

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IDC expects to see continuously strong demand for shared cloud infrastructure with spending expected to surpass non-cloud infrastructure spending in 2022.

In 2022, shared cloud infrastructure spending is expected to grow 25.5 per cent (on-year) to total $64.5 billion while spending on dedicated cloud infrastructure is expected to grow 13.1 per cent to reach $25.4 billion in 2022.

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At the regional level, year-over-year spending on cloud infrastructure in Q4 2021 increased in most regions. Asia/Pacific (excluding Japan and China) grew the most at 59.5 per cent.

Japan grew in the high single digits, while Western Europe grew in the low single digits.

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Long term, IDC expects spending on compute and storage cloud infrastructure to have a compound annual growth rate (CAGR) of 12.6per cent over the 2021-2026 forecast period, reaching $133.7 billion in 2026 and accounting for 68.6 per cent of total compute and storage infrastructure spend

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