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Data-center spending is half that of cloud services

February 16, 2022

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Spending on cloud services reached a total of $178 billion in 2021, a 37% increase over the $130 billion spent in 2020 and twice the amount enterprises are spending on their data centers, according to Synergy Research Group. For the fourth quarter of 2021, total cloud spending was $50.5 billion.

When the COVID-19 pandemic hit in 2020, it drove a major shift in worldwide IT operational and spending to the cloud as company shifted to working from home. That trend is only continuing, even with the pandemic tapering off and companies calling people back into the office.

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