Data center Capex surges 15% to $241 bn: Dell’Oro

Global data center Capex grew 15 percent to $241 billion in 2022. Cloud and enterprise data center spending is expected to decelerate to single-digit growth in 2023, according to Dell’Oro Group.
Turkcell data centerThe hyperscale cloud service providers have undergone a robust expansion cycle for three straight years while navigating through a supply constraint environment. Enterprises also increased their IT spending from digital transformation initiatives.

“However, the market is due for a pullback as the hyperscalers are at the end of their expansion cycle and seek to improve efficiencies, and the enterprises will scrutinize expenditures more carefully in an uncertain economic environment,” said Baron Fung, Senior Research Director at Dell’Oro Group.

The Top 10 Cloud SPs comprised 48 percent of global data center Capex in 2022.

The leading server vendors by revenue in 2022 were Dell, followed by HPE and Inspur.

Upcoming server architectural changes and accelerated computing will contribute to long-term data center investments.

Latest

More like this
Related

Who’s Justin Hotard, the new CEO of Nokia?

Telecom equipment maker Nokia has announced the appointment of...

Huawei revenue reaches $118.3 bn in 2024: Chairman Liang Hua

Huawei has reported annual revenue of over 860 billion...

Proximus reveals why it selected BroadForward

Proximus, Belgium’s leading mobile network operator, has announced a...

StarHub reveals why it selected Nokia for XGS-PON deployment

StarHub has completed its nationwide XGS-PON deployment to enhance...