target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Forecast - Doc Document number: # US49306323
Worldwide Enterprise Infrastructure Workloads Forecast, 2023–2027
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Abstract
This IDC study provides an overview of the market size and forecast for global spending on enterprise infrastructure to power enterprise workloads. Suppliers of server and storage systems, cloud service providers that offer infrastructure services, and enterprises that plan their IT infrastructure spend can leverage this document toward their planning.
"IT budgets will tighten in the near term, but the demand that drove double-digit growth for 2022 will still be a factor once macroeconomic climate improves," said Max Pepper, senior research analyst, Infrastructure Systems, Platforms, and Technologies at IDC. "AI, including the most recently emerged generative AI, edge workloads, and sustained demand for multitenant infrastructure, will contribute to a steady increase in spending on compute and storage systems in the long term, especially for emerging workloads."