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.”
Demand for Internet of Things (IoT) devices continues to grow. Berg Insight released new findings of the market for cellular IoT gateways, routers and modems. About 3.2 million cellular IoT gateways were shipped globally during 2017 — that’s an increase of 22 percent from the previous year.
Using an agile transformation to modernize an IT infrastructure organization isn’t easy, but it is worthwhile. Agile approaches can enable IT infrastructure groups to boost their productivity by 25 to 30 percent in six to 18 months, depending on the size of the organization.
The combined public and private cloud revenues accounted for 48.5 percent of the total worldwide IT infrastructure spending in 2Q18 — that’s up from 43.5 percent a year ago and will account for 46.6 percent of the total worldwide IT infrastructure spending for the full year.
Some IT organizations prefer infrastructure solutions that offer simplified cloud deployment models for their digital transformation projects. According to the latest market study by IDC, worldwide converged systems market revenue increased 9.9 percent year-over-year to $3.5 billion during the second quarter of 2018 (2Q18).