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IDC forecast: 16.6% CAGR through 2020 for revenues of compute and storage infrastructure

IDC (International Data Corporation) firmly predicts that Compute and Storage Infrastructure will enjoy a CAGR (compound annual growth rate) of 16.6% from the year 2020 to the year 2024. The total worldwide revenues in 2024 will reach 33.8 billion US dollars.

However due the COVID-19, the demand might be delayed for 2020, the demand will increasing in 2021 since economy of countries are recovering.

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