Public Cloud Shipment, Installed Base, and Market Size Forecast Q1 2024: CPUs, Accelerators, and Memory
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This workbook provides a forecast on shipments, consumption, installed base, and market value of the processors and accelerators used by public cloud providers (IaaS and PaaS) to deliver their services. Despite signs of a slowdown in public cloud growth, providers will still require a substantial quantity of processors, accelerators and other infrastructure to support continued demand and to replenish server stock. We predict a global cloud industry installed base of 16M processors in 2023, rising to 40M in 2028. To sustain such growth, processor shipments will rise by a compound annual growth rate (CAGR) of 6% over the next five years, but demand will vary from year-to-year due to recently increased refresh cycles.
