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Data center spending to top $1 trillion by 2029 as AI transforms infrastructure

Network World

trillion by 2029, up from $430 billion in 2024, according to DellOro Group. And the proportion will increase to 41% by 2029. Just the accelerator market alone is projected to reach $392 billion by 2029, DellOro predicts. As a result, data center CapEx spending will hit $1.1 Much of this growth is due to AI.

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AT&T to eliminate landlines by 2029

Network World

By 2029, AT&T expects to reach about 50 million total locations with its fiber service. The statement was made as part of a presentation to investors. AT&T said it will retire the old copper infrastructure while at the same time expanding its much faster fiber networks.

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Europe takes on Starlink with $11.5 billion IRIS² satellite constellation

Network World

ESA expects to launch the first IRIS satellites in 2029, and SpaceRISE, a consortium formed by satellite operators Eutelsat, Hispasat, and SES, said it expects to begin providing service in early 2030. Industry collaboration and funding The European Commission has signed a 12-year concession contract worth 10.6 billion ($11.1

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9 steps to take to prepare for a quantum future

Network World

Still, Gartner predicts that, by 2029, most conventional asymmetric cryptography wont be safe to use. But you dont have to wait until 2029 for quantum decryption to be a threat because of harvest now, decrypt later attacks.

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Australia’s Cloud Computing Growth to Reach $81 Billion by 2029

Tech Republic Cloud

AIIA's report reveals Australia's cloud computing sector will contribute $81B to GDP by 2029, driving job growth and economic productivity.

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Enterprise spending on cloud services keeps accelerating

Network World

By 2029, that share will have dropped to just a little over 20%, Synergy said. The big change in data center capacity will come from hyperscale operators – in 2029, hyperscale operators AWS, Microsoft, and Google will have eight times as much capacity in their data center footprints as they had back in 2017.

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Kyndryl expands Palo Alto deal to offer managed SASE service

Network World

The worldwide SASE market is projected to hit $17 billion by 2029 with a 12% compound annual growth rate, according to a recent DellOro Group report. Single-vendor SASE, combining SD-WAN and SSE, will dominate 90% of the market.Unified SASE solutions, a segment of single-vendor SASE , are forecasted to grow at a 19% revenue CAGR.

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