Prospective Cloud Growth in EMEA despite Brexit Blow, Says IDC

EMEA regions noticing encouraging growth rate of over 17% in cloud infrastructure with total revenue of about $1.3 billion.

EMEA  Many reports were showing discouraging indications on the cloud data centers and other infrastructure across the European area, which was also feared to leave bad impact on the other markets like Middle East and Africa. But, the latest research results released by the IDC Research Company indicate the trends otherwise.

According the new research, the growth in the cloud infrastructure business across the EMEA regions was recorded at about 17% higher than previous figures. The total revenue of cloud infrastructure grew to $1.3 billion during the first quarter of this fiscal year. The ratio of public cloud of this revenue stands at about $0.6 billion while the total revenue of private cloud stands at about $0.8 billion in the first quarter.

According to the research study findings, the revenue of this regions associated with the cloud infrastructure may cross $10 billion by 2020. This growth will boost the expenditures in the cloud infrastructure at a rate of about 46.4% on an average. The main areas of the IT spending are expected to remain Ethernet switches, servers, and data storage devices.

While talking about the impact of the Brexit, Group Research Analyst at IDC Infrastructure in European region, Mr. Kamil Gregor said, “Our forecast for the UK may be adjusted downward in the following quarter. Other EMEA markets are expected to remain largely unaffected.”

The report also forecast that the total spending in IT infrastructure will increase at about 15.5% in the year 2016. The total spending in the IT infrastructure will cross the $37.1 billion mark this year.

According to another recent report from the Forrester Research Inc, the business in the cloud computing domain will remain as usual across the globe despite the big hype of Brexit impact. The senior analyst of the firm, Paul Miller, in his official statement regarding the Brexit impact said, “Most workloads will continue, largely unaffected by the political re-positioning. Brexit doesn’t break most of the cloud-based usage models already in place. … If those cloud-based workloads are valuable enough to the business, they will survive Brexit.”

Many other experts in the IT industry suggest that the impact of the Brexit will be a little more desirable for AWS businesses because of its widespread operations in other regions of the globe.