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AI infrastructure spending driven by compute, storage hardware - Electronic Products & Technology

Summary by Electronic Products & Technology
The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $200 billion USD in spending by 2028, according to a recent report by International Data Corp. (IDC). Organizations increased spending on compute and storage hardware infrastructure for AI deployments by 97% year-over-year in the first half of 2024, reaching $47.4 billion. The AI infrastructure market has sustained double-digit s…
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Electronic Products & TechnologyElectronic Products & Technology

AI infrastructure spending driven by compute, storage hardware - Electronic Products & Technology

The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $200 billion USD in spending by 2028, according to a recent report by International Data Corp. (IDC). Organizations increased spending on compute and storage hardware infrastructure for AI deployments by 97% year-over-year in the first half of 2024, reaching $47.4 billion. The AI infrastructure market has sustained double-digit s…

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Electronic Products & Technology broke the news in on Friday, February 21, 2025.
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