The folks at Intersect360 Research released their latest report and market update just ahead of ISC 2023, which was held in Hamburg, Germany, last week. The headline: “We’re returning to stable growth,” per Addison Snell, Intersect360 CEO.
In the “grand unification” view of the market – which includes Intersect360’s analysis of both on-prem and hyperscale datacenters – total spending was $251.9 billion in 2022, representing 7.2% growth year-over-year. Of that, $30.4 billion (~12%) was for on-prem HPC and AI systems ($28.8 billion of that specifically to HPC budgets); $95.4 billion (~38%) was for on-prem enterprises systems; and just over 50% was for hyperscale, which – for the first time, per Intersect360 – represents more than half of datacenter spending.