IDC Triples Open Compute Project Infrastructure Forecast to $800 Billion

IDC now projects worldwide spending on OCP-recognized IT infrastructure at about $800 billion by 2029, 2.7 times its $295 billion forecast a year earlier. Spending is expected to reach $892 billion by 2030, with roughly $628 billion (70%) tied to AI and servers alone accounting for $814 billion.

• 2029 forecast raised from $295 billion to $800 billion in 12 months
• Spending to hit $892 billion by 2030; OCP gear at 51% of the market
• About $628 billion of 2030 spending will be AI-related (70%)
• Server segment to reach $814 billion by 2030 at a 42% CAGR