The increasing demand for hybrid computing, faster implementation, scalability, and accessibility of the IT system are driving factors of infrastructure as a service market growth. The adoption of cloud computing is increasing among various verticals including IT & telecom, BFSI, healthcare, retail & e-commerce due to maximum utilization of IT resources and cost-effective cloud computing services among organizations.
The increasing adoption of multi-cloud and cloud-based IaaS platform are also boosting the market growth of infrastructure as a service. The cloud-based IaaS platform has a huge demand in large enterprises as it enhances the IT services and fast data accessibility. Whereas, lack of IT infrastructure and data security on the cloud are some factors which are hampering the market growth.
The global Infrastructure as a Service (IaaS) Market is estimated to reach USD ~59 billion by the end of the forecast period of 2023, at a CAGR of approximately ~23%.
Major Key Players:
- Amazon Web Services Inc. (U.S.)
- Google LLC (U.S.)
- Microsoft Corporation (U.S.)
- International Business Machines Corporation (U.S.)
- Cisco Systems Inc (U.S.)
- HCL Technologies Limited (India)
- Accenture (Republic of Ireland)
- Computer Sciences Corporation (U.S.)
- VMware, Inc. (U.S.)
- Rackspace Inc. (U.S.)
- Oracle Corporation (U.S.)
- Fujitsu Ltd (Japan)
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Infrastructure as a Service (IaaS) Market Segmentation:
The global infrastructure as a service (IaaS) market is segmented on the basis of the solution, deployment type, end-user, verticals, and region. The solution segment is further sub-segmented as managed hosting services, storage as a service, high-performance computing as a service, disaster recovery as a service, network management, and content delivery services. The deployment type is sub-segmented into the public cloud, private cloud, hybrid cloud.
The end user is segmented into SMEs and large enterprises. The verticals are segmented into IT & telecom, BFSI, healthcare, retail and e-commerce, government & defense and among others. The market is covered across North America, Europe, Asia Pacific, and Rest of the World.
The regional analysis of infrastructure as a service (IaaS) market is done for North America, Asia Pacific, Europe, and the Rest of the World. North America is the experiencing a huge demand due to the increasing penetration of hybrid cloud and advanced IT infrastructure which is propelling the market of infrastructure as a service.
North America is followed by the European region where the infrastructure as a service (IaaS) market is gaining popularity due to increasing adoption of next generation of cloud-based IaaS services among large organizations. Whereas, Asia Pacific countries, including China, Japan, and India, are the emerging markets for infrastructure as a service, and it is expected to grow with the highest CAGR in the coming years.
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- Infrastructure as a Service (IaaS) companies
- Infrastructure as a Service (IaaS) providers
- Computer graphics developers
- System integrators and third-party vendors
- Government bodies
- Technology investors
- Research institutes and organizations
- Market research and consulting firms
Table of Contents
1 Executive Summary
2 Market Introduction
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Market Insights
List of Tables
Table 1 Global Infrastructure as A Service Market: By Region, 2017-2023
Table 2 North America Infrastructure as A Service Market: By Country, 2017-2023
List of Figures
Figure 1 Global Infrastructure as a Service Market Segmentation
Figure 2 Forecast Methodology
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