The figures have been recently announced by IDC and gathered from the firm’s latest quarterly cloud IT infrastructure tracker.
Research argues that the primary spend, at a rate of 61%, will come from public cloud data centres, while off-premise private cloud environments will contribute to 15% of the total spent. The overall spend on IT infrastructure will increase by 18.2% in 2017, while spending on the traditional infrastructure will decline by a resounding 3.3% this year alone.
“In the coming quarters, growth in spending on cloud IT infrastructure will be driven by investments done by new hyperscale data centres opening across the globe and increasing the activity of tier two and regional service providers,” said Natalya Yezhkova, storage research director at IDC in a statement.
“Another significant boost to overall spending on cloud IT infrastructure will be coming from on-premises private cloud deployments as end users continue gaining knowledge and experience in setting up and managing cloud IT within their own data centres,” Yezhkova added.