TECH SUPPLIER Aug 2018 - Market Forecast - Doc # US44234018
Worldwide Telecom (Compute and Storage) Infrastructure Forecast, 2018–2023
By: Natalya YezhkovaResearch Vice President, Infrastructure Systems, Platforms and Technologies Group, Kuba StolarskiResearch Director, Infrastructure Systems, Platforms and Technologies Group, Ashish NadkarniGroup Vice President, Infrastructure Systems, Platforms and Technologies Group
This IDC study provides a forecast for the worldwide telecom infrastructure market from 2018 to 2023, specifically for compute and storage platforms. IDC estimates this market — which consists of hardware and software compute and storage platforms (including software-defined storage and compute) — to be nearly $12.7 billion in 2018. Further, IDC estimates that this market will grow at a CAGR of 7.9% and cross $17 billion in 2023.
"Telecoms are the forefront of the innovation curve," said Ashish Nadkarni, group VP for IDC's Worldwide Infrastructure practice. "The shift to a software-defined infrastructure enables them to focus on innovation, drive operations costs down, and continue to differentiate based on the uniqueness of their products and services."
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