IDC Cloud Spending Forecast: 26 Percent Growth in 2015

Spending on cloud IT infrastructure will grow 26.4 percent to reach $33.4 billion in 2015, according to the latest from the IDC Worldwide Quarterly Cloud IT Infrastructure Tracker. IDC’s forecast encompasses spending on private and public cloud IT servers, storage and Ethernet switches. Public cloud IT infrastructure spending will total $21.7 billion in 2015, a 32.2 percent year-over-year (YoY) increase, IDC highlights in a press release.

Private cloud IT infrastructure spending will rise 16.8 percent YoY to total $11.7 billion. In contrast, IDC expects 2015 spending on IT infrastructure outside that for cloud IT will remain flat. IDC anticipates overall 2015 cloud IT infrastructure spending will post YoY increases across all world regions and technologies. Spending on public IT cloud infrastructure will exceed that for private cloud IT infrastructure as cloud service providers continue to expand their data centers and service offerings, IDC says.