AI-fuelled cloud ecosystem grows to $427bn in H1
- Synergy Research Group has been tracking the cloud/datacentre sector for years
- It has just released its first-half (H1) 2024 overview for the market, which grew by 23% to hit $427bn
- The research firm highlights an AI-fuelled surge in datacentre investments, which grew by 30%
The value of the global cloud service and infrastructure sector grew by 23% year on year in the first half of 2024 to reach $427bn, with AI trends driving cloud services demand and a surge in datacentre infrastructure investments alike,