Server and Storage Spend - 2020 Predictions

Goals

To determine a predicted amount to be spend in the storage/server space by IT departments in 2020.

Early Findings

  • According to the The 2020 State of IT published by SpiceWorks, the total spend on backups and storage is approximately 10% of a typical IT budget.
  • The same report estimates that 9% of total IT budgets are allocated to server technology.
  • Interestingly, the same combined percentage, approximately 19%, of hardware costs within an IT budget are split between servers and external storage.
  • 88% of businesses expect IT budgets to either grow or stay steady over the next 12 months — specifically 44% each expecting to grow and remain steady.
  • North American businesses are more likely to increase spending in order to upgrade outdated infrastructure.
  • Statista estimates that an increase of 6.2% in spending on servers will be seen in 2020.
  • Gartner predicts that the global 2020 spend on IT will be $3.88 trillion (a 3.7% YoY growth).
  • Given these predictions, it can be triangulated that the global spend on server and storage will be $737.2 billion in 2020. (3.88 trillion/19%)

Proposed next steps:

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