Type of Article: MacTech Blog

In the third quarter of 2017, worldwide server revenue increased 16% year-over-year, while shipments grew 5.1% from the second quarter of 2016, according to Gartner, Inc. (www.gartner.com).

“The third quarter of 2017 produced continued growth on a global level with varying regional results,” said Jeffrey Hewitt, research vice president at the research group. “A build-out of infrastructure to support cloud and hybrid-cloud implementations was the main driver for growth in the server market for the period.”

The global AI (artificial intelligence) platform market is expected to grow from $2.61 billion in 2017 to $9.88 billion by 2022, at a compound annual growth rate (CAGR) of 30.5%, according to new data by Research and Markets (www.researchandmarkets.com).

The cloud delivery and consumption model has revolutionized the entire IT industry over the past decade, as evidenced by the dramatic rise of public cloud services, according to IDC.

Gartner, Inc. (www.gartner.com) forecasts worldwide enterprise security spending to total $96.3 billion in 2018, an increase of 8% from 2017. Organizations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy, notes the research group. 

According to the International Data Corporation (IDC) Worldwide Q uarterly Server Tracker, vendor revenue in the worldwide server market increased 19.9% year over year to $17.0 billion in the third quarter of 2017 (3Q17).