Cloud infrastructure spending dips in Q2 after six quarters of consecutive growth

Shared cloud spending dropped due to a weakness in year on year demand from public cloud service providers after an exceptionally strong Q2 2020

Kelsey Rees
clock • 2 min read
Cloud infrastructure spending dips in Q2 after six quarters of consecutive growth

Spending on compute and storage infrastructure products for cloud infrastructure dropped 2.4 per cent year on year in the second quarter of 2021 to $16.8bn (€14.4bn). This includes spending on dedicated and shared environments, according to data from IDC. The analyst said the dip comes after six quarters of consecutive growth, and most notably compares to the 39.1 per cent annual rise seen by the market in Q2 2020 as the world went into lockdown with the first wave of business and country...

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