Enterprise spending on IT infrastructure hardware grows 3% in 2017

MIKE WHEATLEY | January 4, 2018

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Enterprise spending on information technology hardware grew at a healthy clip in the past 12 months, with combined revenues across six major market segments rising by almost 3 percent, according to new data from Synergy Research Group.The analyst firm said that aggregated revenue for enterprise IT infrastructure hardware topped $113 billion in 2017, with revenues for each of the last 12 quarters ranging from $26 billion to $29 billion. Data center servers were the largest segment overall, accounting for more than $30 billion in enterprise spending, though revenues actually fell by about 1 percent compared to the previous year.

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