Hyperscale data center capex is on track for 28 percent growth 2022, according to a new report from Dell’Oro Group, owever, cloud service providers are expected to enter a digestion cycle in 2023.
Additional highlights from the 3Q 2022 Data Center IT Capex Quarterly Report:
- China cloud and enterprise data center markets are undergoing deep spending cuts.
- Upcoming server architectural changes will drive long-term data center investments.
- Data center capex growth is projected to grow single digits in 2023.
https://www.delloro.com/news/hyperscale-data-center-capex-on-track-for-28-percent-growth-in-2022/