IDC: EMEA Cloud IT Infrastructure Revenue Grows 37.4%

IDC: EMEA Cloud IT Infrastructure Revenue Grows 37.4%
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According to the International Data Corporation (IDC) WW Quarterly Cloud Infrastructure Tracker, IT infrastructure spending (server, disk storage, and Ethernet switch) for public and private cloud in Europe, the Middle East, and Africa (EMEA) grew by 37.4 % year-on-year to reach $1.4 billion in revenue in the second quarter of 2016.

The cloud-related share of total EMEA infrastructure revenue from servers, disk storage, and Ethernet switches grew seven percentage points compared to last year to exceed 22.5% in 2Q16. In terms of storage capacity, cloud represented around 23.8 % of total EMEA capacity in 2Q16, with a 4.6 % decline over the same period a year before. Looking at the market in euros, EMEA reported strong YoY user value growth (34.2%) in 2Q16 in public and private cloud across servers, storage, and switches.

"IDC expects this market to reach a value of $10.5 billion by 2020 (from a five year forecast), or 36.5 % of the total market expenditure," said Kamil Gregor, research analyst, European Infrastructure group, at IDC. "Fueled by increasing maturity and adoption rates of many new cloud-dependent technologies, such as the Internet of Things, cloud continues to represent an area of tremendous growth for the European infrastructure sector.

For the scope of this tracker, IDC has tracked the following vendors: Cisco, Dell, EMC, Fujitsu, Hitachi, Hewlett

EMEA Cloud IT Infrastructure Value (in $ billions)

 

Deployment Model ($B)

2Q16

2Q16

2Q15

2Q15

2Q16

Segment Shares

Segment Shares

YoY Growth

Private Cloud (on- and off-premise)

$ 0.8

13%

$ 0.6

9%

39.2%

Public Cloud

$ 0.6

9%

$ 0.5

7%

34.3%

Traditional IT

$ 5.1

78%

$ 5.6

84%

-9.9%

Grand Total

$ 6.5

100%

$ 6.7

100%

-2.5%