Global spending on cloud infrastructure returned to growth in Q3 2021 after the first quarterly decline since the pandemic triggered a massive increase in spending.
According to researcher IDC, spending on cloud infrastructure across dedicated and shared environments increased 6.6% year on year to $18.6 billion in Q3 2021. The growth put spending back on track with the seven consecutive quarters of growth since Q3 2019, with the exception of the 1.9% decline in Q2 2021.
The main boost in cloud spending happened in Q2 2020, which saw 38.4% year-on-year growth.
