Type of Article: MacTech Blog

Cloud infrastructure market grows 45%

The worldwide cloud infrastructure services market grew 46% year on year in the fourth quarter (Q4) 2017 to reach $16 billion.

According to Canalys (www.canalys.com), this brought 2017’s full-year growth to 45%. Amazon Web Services (AWS) remained the leading vendor for the quarter, accounting for 32% of the total worldwide market. Microsoft, Google and IBM also held their positions among the largest global cloud service providers, representing 14%, 8% and 4% of the market respectively.

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Enterprise investments will drive worldwide ICT market to almost $4 trillion

Worldwide spending on information and communications technology (ICT) will be nearly $4.0 trillion in 2018, according to new data from IDC (www.idc.com).

The explosive growth of smartphones in recent years means that consumer spending will account for the largest proportion of that total, but growth will be driven by enterprise spending on cloud, software and infrastructure related to third platform solutions, according to the research group.

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