Datacentre market loses momentum amid COVID-19 impact

Josh Budd
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Datacentre market loses momentum amid COVID-19 impact

Data from Synergy Research Group suggest end of growth surge for datacentre market as enterprise spending shrivels

The datacentre market began to lose momentum in Q1 as the COVID-19 crisis halted hardware spending in the enterprise space. According to market watcher Synergy Research Group, hardware and software spending declined by two per cent globally in Q1 to $35.8bn. The Q1 decline was driven by a sharp drop in enterprise and service provider spending, which fell by four per cent during the quarter to $22.5bn, according to Synergy Research. Public cloud spending, however, helped abate the dec...

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