Cloud IT infrastructure market revenue grows to $8.4 billion
According to IDC (www.idc.com), vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 8.1% year over year to US$8.4 billion in the third quarter of 2016 (3Q16). Ethernet switch continues to be the growth leader, as the market awaits new hyperscale datacenter builds to spur additional growth.
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