“New data from Synergy Research Group shows that vendor revenues from Ethernet switch and router markets passed the $12 billion mark in the final quarter of 2018, achieving a new all-time high. For the full year vendor revenues were in excess of $44 billion, up 4% from 2017.”
“Business at the hyperscale operators is booming. Over the last four quarters, their year-on-year revenue growth has averaged 24% and they are investing an ever-growing percentage of their revenues in capex,” said John Dinsdale, a Chief Analyst at Synergy Research Group.
The global data center market is set to grow at a CAGR of more than 10 percent over the next five years. In terms of geography, the Americas contributed the maximum share of the data center solutions market in 2017 and will continue to grow at a considerable rate till 2022.
Riding healthy U.S. and global economies, strong demand for AI-capable hardware and other tailwind trends, the high-performance computing server market jumped 28 percent in the second quarter 2018 to $3.7 billion, up from $2.9 billion for the same period last year.
Cloud service providers continue to drive computing server investment. Meanwhile, vendor revenue in the worldwide server market increased 26.4 percent year-over-year to $20.7 billion in the fourth quarter of 2017 (4Q17), according to IDC.
A worldwide survey of organizations by Gartner showed that 91 percent of organizations have not yet reached a transformational level of maturity in enterprise data and analytics — despite this area being a number one investment priority for CIOs and CTOs in recent years.
Hybrid IT has been discussed as the future for businesses for some time, but it is clear this future is now, with most organizations already having at least some of their infrastructure deployed off-premises.
via Information Age
Worldwide converged systems market revenue increased 10.8 percent year-over-year to $2.99 billion during the third quarter of 2017 (3Q17), according to the latest market study by IDC. The market consumed 1.96 exabytes of new storage capacity during the quarter, which was up 30 percent compared to the same period a year ago.
Flash-based, solid-state storage demand has grown rapidly within the IT infrastructure sector, as more CIOs and CTOs adopt this technology. The outlook for the solid state drive (SSD) industry remains strong as units, revenue, and total capacity shipped are all expected to see robust growth.