AI drives cloud market growth in Q1
FutureCIO Editors
May 9, 2025
The latest data from Synergy Research Group reveals a substantial increase in enterprise spending on cloud infrastructure services.
The latest data from Synergy Research Group reveals a substantial increase in enterprise spending on cloud infrastructure services.
New data from Synergy Research Group shows that generative AI (GenAI) has driven half of the cloud market’s growth in
According to Synergy Research Group, the value of data centre-oriented M&A deals that closed in 2024 hit a record-breaking $57
Over the next four years, the average capacity of hyperscale data centres will be almost double that of current operational
Global spending on data centre hardware and software in 2024 will reach an all-time high and grow by 34% from
Operator and vendor revenues across cloud service and infrastructure markets reached $427 billion for the first half of 2024 and
Enterprise spending oncloud infrastructure services reached $84 billion worldwide in the 3rdquarter of 2024, up $15.7 billion or 23% from
The number of hyperscale data centres increased to 992 at the end of 2023, and passed the thousand mark in early 2024, according
Ten years ago, enterprises spent over US$80 billion per year on IT hardware and software for their own data centres,
New data from CBRE reveals a rapid surge in data demand, fuelled by continued growth in cloud computing and social
Synergy Research Group shows that across four key cloud service and infrastructure market segments, operator and vendor revenues for the
The growth of hyperscale data centres is pretty much on a straight-line trajectory, with an average of 16 new data