TECH SUPPLIER Dec 2019 - Market Forecast - Doc # US44746019
Worldwide Telecom (Compute and Storage) Infrastructure Forecast, 2019–2023
By: Kuba StolarskiResearch Director, Infrastructure Systems, Platforms and Technologies Group, Natalya YezhkovaResearch Vice President, 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 $13.1 billion in 2018. Further, IDC estimates that this market will grow at a CAGR of 5.0% and approach $17 billion in 2023.
"Telecoms are accelerating along the innovation curve," said Kuba Stolarski, research director for IDC's Infrastructure Systems, Platforms and Technologies group. "The shift to a software-defined infrastructure, in conjunction with the imminent adoption and deployment of 5G technologies, is helping telecoms position themselves for future expansion of next-generation communications services and, along with it, the necessary supporting compute and storage infrastructure."
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