Business

Global Infrastructure as a Service (IaaS) Market Size By Components (Storage, Network, Compute), By Deployment (Private, Public, Hybrid), By Industry Vertical (BFSI, Government & Education, Healthcare, Telecom & IT), By Geographic Scope And Forecast

_x000D_

Infrastructure as a Service (IaaS) Market Size And Forecast

_x000D_

Infrastructure as a Service (IaaS) Market size was valued at USD 67.42 Billion in 2024 and is projected to reach USD 562.53 Billion by 2031, growing at a CAGR of 33.50% from 2024 to 2031.

_x000D_

    _x000D_

  • Infrastructure as a Service (IaaS) is a form of cloud management that provides online access to computing resources. This service offers a wide range of features, including log access, security, load balancing, clustering, billing, tracking, backup, replication, and restoration capabilities.
  • _x000D_

  • Compared to purchasing and managing infrastructure networks, businesses are increasingly opting for IaaS due to its significantly lower costs and enhanced efficiency.
  • _x000D_

  • One of the most compelling advantages of IaaS is the ease of access it provides to stored data. With an internet connection, users can retrieve information from anywhere in the world. This eliminates geographical limitations and fosters remote collaboration.
  • _x000D_

  • Additionally, IaaS often incorporates automatic data saving and streaming, reducing the burden on businesses to manually store, label, and track information. This streamlined data management translates to significant time and resource savings.
  • _x000D_

  • These advantages directly contribute to the positive growth trajectory of the IaaS market. IaaS is particularly well-suited for businesses facing rapid growth or fluctuating workloads. Companies lacking the capital for significant upfront hardware investments can leverage the IaaS model’s flexibility.
  • _x000D_

  • They can provision resources (virtual servers, storage, networking) on-demand, eliminating the need for large capital expenditures. Similarly, organizations with steady application workloads can benefit from offloading the day-to-day operations and maintenance of their IT infrastructure to the IaaS provider.
  • _x000D_

_x000D_

_x000D_

Infrastructure as a Service (IaaS) Market is estimated to grow at a CAGR of 33.50% & reach US$ 562.53 Bn by the end of 2031Infrastructure as a Service (IaaS) Market is estimated to grow at a CAGR of 33.50% & reach US$ 562.53 Bn by the end of 2031

_x000D_
_x000D_

Global Infrastructure as a Service (IaaS) Market Dynamics

_x000D_

The key market dynamics that are shaping the global infrastructure as a service (IaaS) market include:

_x000D_

Key Market Drivers

_x000D_

    _x000D_

  • Demand for Agility and Scalability: IaaS provides elasticity, allowing businesses to respond to changing workloads, traffic surges, or new business initiatives without requiring significant upfront investment. Public cloud resources can handle spikes, whereas private clouds keep critical data under control.
  • _x000D_

  • Enhanced Security and Control: IaaS provides a compelling solution for data security. Sensitive data and mission-critical applications can reside in the secure, controlled environment of a private cloud, while the public cloud handles less sensitive tasks. This layered approach provides robust security without sacrificing the flexibility of the public cloud
  • _x000D_

  • Growing Adoption of Hybrid Cloud: Many businesses are adopting a hybrid cloud approach, combining on-premises infrastructure with public cloud resources. IaaS plays a critical role in this strategy, providing the foundation for seamless integration and workload management across different cloud environments.
  • _x000D_

  • Focus on Automation and Orchestration: Automation and orchestration are becoming central in the management of complex IaaS environments. These tools and platforms streamline workflows, optimize resource allocation, and cut operational costs. Such advancements are democratizing IaaS, making it more user-friendly and accessible to businesses across various scales.
  • _x000D_

_x000D_

Key Challenges:

_x000D_

    _x000D_

  • Security Concerns: Security remains a paramount concern for numerous businesses, particularly those in heavily regulated sectors. The transition of sensitive data to the cloud raises apprehensions about potential data breaches, unauthorized access, and vendor dependence. Businesses must ensure that IaaS providers implement strong security measures, encryption protocols, and compliance certifications to alleviate these concerns.
  • _x000D_

  • Vendor Lock-In: Many businesses express concern about the potential of becoming tied to a specific IaaS provider’s ecosystem. Transferring data and applications between various cloud providers can be intricate and expensive. This lock-in situation may curtail flexibility and prevent businesses from leveraging better pricing or features offered by alternative providers.
  • _x000D_

  • Latency and Network Connectivity: The performance of IaaS heavily relies on a stable and high-bandwidth internet connection. Businesses situated in remote areas with unreliable internet connectivity may encounter latency issues, impacting application performance. Moreover, egress fees, which entail charges for data transfer out of the cloud, can pose unexpected costs for businesses engaging in frequent large data transfers.
  • _x000D_

  • Integration Challenges: Integrating IaaS with existing on-premises infrastructure can be challenging, necessitating meticulous planning and configuration. Heterogeneous IT environments may result in compatibility issues, impeding the seamless flow of data between cloud and on-premises systems.
  • _x000D_

_x000D_

Key Trends:

_x000D_

    _x000D_

  • Hybrid and Multi-Cloud Adoption: An escalating number of businesses are embracing hybrid and multi-cloud strategies, combining public, private, and edge clouds. IaaS providers are responding to this trend by furnishing seamless integration and management tools tailored for hybrid cloud environments.
  • _x000D_

  • Focus on Serverless Computing: Serverless computing, characterized by users paying solely for the compute resources they use, is gaining momentum. IaaS providers are broadening their array of serverless offerings, empowering businesses to develop and deploy applications without the burden of managing servers.
  • _x000D_

  • Rise of Edge Computing: With the proliferation of Internet of Things (IoT) devices and edge computing, the significance of edge computing is on the ascent. IaaS providers are crafting solutions to process and analyze data closer to the source, reducing latency and enhancing performance for applications such as real-time analytics.
  • _x000D_

  • Integration with Artificial Intelligence (AI) and Machine Learning (ML): IaaS providers are embedding AI and ML capabilities into their platforms. This empowers businesses to harness AI and ML for tasks like resource optimization, automated scaling, and predictive maintenance, fostering heightened efficiency and cost savings.
  • _x000D_

_x000D_

_x000D_

_x000D_

_x000D_

_x000D_

What’s inside a
industry report?

_x000D_

_x000D_
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals._x000D_

_x000D_
Download Sample_x000D_

_x000D_

_x000D_
_x000D_

_x000D_

_x000D_

_x000D_

_x000D_

_x000D_

>>> Ask For Discount @ – https://www.marketresearch.com/ask-for-discount/?rid=1629

_x000D_

Global Infrastructure as a Service (IaaS) Market Regional Analysis

_x000D_

Here is a more detailed regional analysis of the global infrastructure as a service (IaaS) market:

_x000D_

North America

_x000D_

    _x000D_

  • North America is substantially dominating the infrastructure as a service market and is expected to continue its growth throughout the forecast period propelled by its expansive IT infrastructure and the continual introduction of innovative cloud-based solutions.
  • _x000D_

  • With a robust presence of major players like Amazon Web Services, Inc., IBM Corporation, VMware, Inc., and others, the region serves as a lucrative hub for market innovation.
  • _x000D_

  • These companies offer a diverse array of services to host, manage, and maintain various types of IT infrastructure in both private and public data centers.
  • _x000D_

  • Accessible via the Internet from multiple locations, these data centers contribute significantly to the region’s market prominence.
  • _x000D_

  • The presence of major market players in the region is driving innovation within the IaaS sector. Additionally, its well-established IT and telecom sector provides ample resources and accessibility, leading to a faster adoption rate of new technologies.
  • _x000D_

_x000D_

Asia Pacific

_x000D_

    _x000D_

  • Asia Pacific is projected to be the fastest-growing region in the infrastructure-as-a-service market driven by rapid technological advancements and increasing adoption of cloud-based solutions.
  • _x000D_

  • With its burgeoning market potential, the Asia Pacific region is expected to emerge as a frontrunner in the infrastructure as a service market.
  • _x000D_

  • In addition, the increasing internet penetration and technological advancements in key economies such as China, India, and South Korea.
  • _x000D_

  • The strengthening economies of countries like Japan, China, and India are driving the regional market’s growth, spurred by rapid industrialization and increased government spending on IT infrastructure.
  • _x000D_

  • Furthermore, factors like rapid urbanization, global digitization, and the growing adoption of digital commerce are contributing to the region’s immense market potential.
  • _x000D_

  • The proliferation of digital trends, the widespread adoption of smart devices, and the rising number of Small and Medium Enterprises (SMEs) are also fueling the growth of the IaaS market in the Asia-Pacific region.
  • _x000D_

  • Notably, China held the largest market share for Infrastructure as a Service in the Asia-Pacific region, while India emerged as the fastest-growing market.
  • _x000D_

_x000D_

Global Infrastructure as a Service (IaaS) Market: Segmentation Analysis

_x000D_

The Global Infrastructure as a Service (IaaS) Market is segmented based on Components, Deployment, Industry Vertical, And Geography.

_x000D_

Infrastructure as a Service (IaaS) Market Segments AnalysisInfrastructure as a Service (IaaS) Market Segments Analysis

_x000D_

Infrastructure as a Service (IaaS) Market, By Components

_x000D_

    _x000D_

  • Storage
  • _x000D_

  • Network
  • _x000D_

  • Compute
  • _x000D_

_x000D_

Based on the Components, the market is bifurcated into Storage, Network, and Compute. Compute segment the is significantly dominating the component category in the infrastructure as a service (IaaS) market owing to the offering access to computing resources within a virtualized environment, typically through public internet connections. Cloud IaaS streamlines operations by eliminating the need for software, servers, disaster recovery, and backups.

_x000D_

Infrastructure as a Service (IaaS) Market, By Deployment

_x000D_

    _x000D_

  • Private
  • _x000D_

  • Public
  • _x000D_

  • Hybrid
  • _x000D_

_x000D_

Based on the Deployment, the market is bifurcated into Private, Public, and Hybrid. The public segment experiencing significant growth in the infrastructure as a service (IaaS) market. The rising preference for public cloud services among small and medium businesses, attributed to their operational efficiency and low setup costs, is anticipated to fuel industry demand in the coming years. Private cloud services are experiencing significant growth due to their scalability, flexibility, and the ability to share resources across extensive networks. Additionally, the hybrid cloud market is poised to grow significantly in the IaaS sector, driven by its broad applications and the provision of integrated services that combine both private and public cloud computing within the same organization.

_x000D_

Infrastructure as a Service (IaaS) Market, By Industry Vertical

_x000D_

    _x000D_

  • Banking, Financial Services and Insurances (BFSI)
  • _x000D_

  • Government & Education
  • _x000D_

  • Healthcare
  • _x000D_

  • Telecom & IT
  • _x000D_

  • Retail
  • _x000D_

  • Manufacturing
  • _x000D_

  • Media & Entertainment
  • _x000D_

_x000D_

Based on the Industry Vertical, the market is bifurcated into Banking, Financial Services and Insurances (BFSI), Government & Education, Healthcare, Telecom & IT, Retail, Manufacturing, and Media & Entertainment. IT and telecommunication segment is showing significant growth in the infrastructure as a service (IaaS) market owing to the driven by the increasing adoption of cloud-based services. These sectors are pivotal in handling vast amounts of personal, healthcare, and financial information. Customer-centric enterprises within the banking, financial services, and insurance (BFSI) sector produce extensive volumes of sensitive business and financial data, necessitating robust security measures and streamlined storage solutions to ensure uninterrupted business operations.

_x000D_

Infrastructure as a Service (IaaS) Market, By Geography

_x000D_

    _x000D_

  • North America
  • _x000D_

  • Europe
  • _x000D_

  • Asia Pacific
  • _x000D_

  • Rest of the world
  • _x000D_

_x000D_

Based on Geography, the Global Infrastructure as a Service (IaaS) Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is substantially dominating the Infrastructure As a Service Market and is expected to continue its growth throughout the forecast period propelled by its expansive IT infrastructure and the continual introduction of innovative cloud-based solutions. With a robust presence of major players like Amazon Web Services, Inc., IBM Corporation, VMware, Inc., and others, the region serves as a lucrative hub for market innovation.

_x000D_

Key Players

_x000D_

The “Global Infrastructure as a Service (IaaS) Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Oracle, Rackspace Hosting Inc, Red Hat Inc., Redcentric PLC, VMware Inc., Amazon Web Services Inc, EMC Corporation, Google, IBM, and Microsoft. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

_x000D_

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

_x000D_

Infrastructure as a Service (IaaS) Market Recent Developments

_x000D_

Infrastructure as a Service (IaaS) Market Recent DevelopmentsInfrastructure as a Service (IaaS) Market Recent Developments

_x000D_

    _x000D_

  • In May 2021, the Premier Competition, the world’s most-watched football competition, picked Oracle as its official cloud supplier. In collaboration with Oracle, the Premier League will heighten the excitement around each game by introducing new in-game statistics that provide a better understanding of the live action on the pitch.
  • _x000D_

  • In May 2021, Rackspace Technology a leading end-to-end multi-cloud technology solutions company, helped Brooks Macdonald, a UK and international investment management services provider, implement a secure managed private cloud infrastructure.
  • _x000D_

_x000D_

Report Scope

_x000D_

REPORT ATTRIBUTES DETAILS
Study Period

2021-2031

_x000D_

Base Year

2024

_x000D_

Forecast Period

2024-2031

_x000D_

Historical Period

2021-2023

_x000D_

Unit

Value (USD Billion)

_x000D_

Key Companies Profiled

Oracle, Rackspace Hosting Inc, Red Hat Inc., Redcentric PLC, VMware Inc., Amazon Web Services Inc, EMC Corporation, Google, IBM, and Microsoft.

_x000D_

Segments Covered

Components, Deployment, Industry Vertical, And Geography.

_x000D_

Customization Scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

_x000D_

_x000D_

Research Methodology of Market Research:

_x000D_

Research Methodology Research Methodology

_x000D_

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Market Research.

_x000D_

Reasons to Purchase this Report

_x000D_

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
_x000D_
• Provision of market value (USD Billion) data for each segment and sub-segment
_x000D_
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
_x000D_
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
_x000D_
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
_x000D_
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
_x000D_
• The current as well as a future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
_x000D_
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
_x000D_
• Provides insight into the market through Value Chain
_x000D_
• Market dynamics scenario, along with growth opportunities of the market in the years to come
_x000D_
• 6-month post-sales analyst support

_x000D_

Customization of the Report

_x000D_

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

_x000D_

_x000D_

_x000D_

Frequently Asked Questions

_x000D_

_x000D_

_x000D_

_x000D_
<div class="panel-heading bg-primary text-white" role="