As more enterprise CIOs and CTOs embrace hybrid multi-cloud deployment strategies, business technology vendors and cloud service providers must continue to evolve their go-to-market approach — in recognition of the prevailing IT infrastructure investment trends.
Expect to see and hear more commentary about fifth-generation (5G) wireless communication related national leadership policies in 2019. Physical industries are rapidly transforming on an unprecedented scale with digitization becoming a critical priority that fuels the Global Networked Economy.
“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 market for Industry 4.0 products and services is expected to grow to $310 Billion by 2023. That forecast is based on the state of I4.0 adoption across manufacturing verticals and the analysis of two distinct technological subsets.
via IoT Analytics
Combined, IDC expects the total 5G and 5G-related network infrastructure market (5G RAN, 5G NG core, NFVI, routing and optical backhaul) to grow from approximately $528 million in 2018 to $26 billion in 2022 — that’s a compound annual growth rate (CAGR) of 118 percent.
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.
“Open source infrastructure empowers users to unlock value. Open source software is increasing productivity and adding value, some 57 percent of those surveyed say their open-source solutions easily integrate with their current environment.”