It will likely not come as a surprise to you that the Covid-19 pandemic has slightly dampened cloud infrastructure sales but not seemingly dented cloud computing spending.
“Cloud service revenues continue to grow by almost 40 percent per year, enterprise SaaS revenues are growing by almost 25 percent, search/social networking revenues are growing by over 15 percent, and e-commerce revenues are growing by over 20 percent, all of which are helping to drive growth and increased spending on public cloud infrastructure,” said John Dinsdale, Synergy Research Group chief analyst.
source: Synergy Research Group
Global spending on data center hardware and software declined by two percent from the first quarter of 2019, Synergy Research Group says.
Public cloud infrastructure spending grew three percent, while spending by enterprises and service providers declined by four percent.
source: Synergy Research Group
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