IDC Forecast: Strong Growth Cloud Infrastructure Spending in 2022


📅 - In the fourth quarter of 2021 spending on compute and storage infrastructure products for cloud infrastructure, comprising dedicated and shared environments, climbed 13.5 percent year over year to $21.1 billion, according to IDC's latest report. In 2022, cloud infrastructure investment is expected to increase by 21.7 percent to $90.0 billion.
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