IT - Server

To reach $74.6 billion for 2021, up 10.5% Y/Y

"According to IDC's Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, decreased 2.4% Y/Y in 2Q21 to $16.8 billion.

This decrease comes after 6 quarters of Y/Y growth, and most notably compares to the 39.1% annual growth seen by the market in 2Q20, when the world just entered the pandemic with the first wave of business and country closures causing a spike in investments in cloud services and infrastructure..."

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