According to IDC, total spending on infrastructure products (server, enterprise storage and ethernet swtiches) deployed in cloud environments will total $53.3 billion in 2018, a 10.9% increase over 2017.
Public cloud datacentres account for the majority of spending (65.9%) with the fastest annual growth rate of 11.3%. Off-premises private cloud datacentres make 13% of cloud infrastructure spending with 12% growth, while on-premises private clouds account for 61.7% of spending with 9.1% growth in 2018.