EMEA cloud infrastructure spending is forecast to hit $10.5bn (€9.45bn), 36.5 per cent of total infrastructure expenditure, by 2020. The market watcher claims that Q2 public and private cloud server, disk storage and Ethernet switch sales made up more than one fifth (22.5 per cent) of total infrastructure spending in the second quarter of this year.
The region's cloud infrastructure spending grew in Q2 by 37.4 per cent year over year to reach $1.4bn, says IDC, which tracked revenues vendors including Cisco, Dell, EMC, HP and IBM as well as major ODM vendors.
For the second quarter of this year, private cloud made up 13 per cent of total EMEA infrastructure spending at $800m, growing at 39.2 per cent year over year, IDC claims. Public cloud meanwhile swelled by 34.2 per cent year over year, taking a nine per cent slice of total spending at $600m.
A hefty $5.1bn of EMEA spending was however ploughed into traditional IT infrastructure in Q2 of this year, reports IDC, accounting for 78 per cent of total EMEA infrastructure spending, but down 9.9 per cent year over year from $5.6bn.
According to Kamil Gregor, research analyst at IDC's European infrastructure group, more and more companies throughout EMEA are adopting a "multicloud" environment, which combines multiple infrastructure and software services from different providers.
"Multicloud continues to be a very successful deployment model throughout the region. IDC expects over 70 per cent of Western European enterprises to adopt some form of multicloud by the end of next year. Regulatory differences between EU countries have been a major driver of multicloud adoption. They will be at least partially removed by the EU General Data Protection Regulation, which enters into effect in May 2018, although we do not expect this to significantly slow multicloud adoption in Western Europe."
He added: "In the first proper post-Brexit quarter, we still see no justification for significant adjustments of our cloud forecast in the region," said Gregor. "Cloud infrastructure vendors reported a brief disruption of their operations immediately after the referendum, but since then, business seems to have continued as usual. Enterprises may reevaluate where their cloud data is located if Brexit causes a mismatch of regulatory rules in the U.K. and the rest of the region in the long-term future."
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