While the events of 2020 reduced enterprise IT spending, service provider spending increased 11.3%. The market is expected to grow at 9.1% CAGR, with communication service providers (telecom) growing at 7.5%.
What is driving this growth, and where will the spending take place?
The IDC Report “Worldwide Service Provider Infrastructure Forecast, 2021-2025” breaks it down for you.
This IDC study provides historical data (2016–2020) and forecast data (2021–2025) for the worldwide service provider compute and storage infrastructure market.
The report covers many topics of interest, including:
Download the report to better understand the dynamics and growth opportunities in the telecom and service provider industries.
“Competition for edge cloud service customers will be fierce, but most service providers will enter this market segment as it is broadly expected to be a huge growth opportunity with plenty of room for many to grow in the near future.”
— Kuba Stolarski, Research Director, IDC
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