Shared Cloud Infrastructure Spending Driving Growth in Overall Enterprise Infrastructure Spending in the Third Quarter of 2023, According to IDC ...Middle East

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NEEDHAM, Mass., January 11, 2024 – According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 2.9% year over year in the third quarter of 2023 (3Q23) to $25.4 billion. Spending on cloud infrastructure continues to outgrow the non-cloud segment with the latter declining 8.2% in 3Q23 to $14.9 billion. The cloud infrastructure segment experienced a decline in unit demand of 23.9% with an increase in average selling prices (ASPs) mostly related to higher than usual GPU server shipm

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