The Infrastructure as a service (IaaS) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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As per The Business Research Company’s comprehensive analysis in the Infrastructure as a Service (IaaS) Global Market Report 2024, the landscape of infrastructure as a service (IaaS) has experienced a notable surge in recent times. With a projected escalation from $94.85 billion in 2024 to $108.34 billion in the same year, the market anticipates a compound annual growth rate (CAGR) of 14.2%. This momentum traces back to evolving workforce paradigms, the ascendance of DevOps and agile methodologies, strategic transitions towards outsourced IT infrastructure, globalization imperatives, and the imperatives of disaster recovery and business continuity.
Looking ahead, the IaaS market is poised for rapid expansion, foreseeing an impressive surge to $212.34 billion by 2028, reflecting a CAGR of 18.3%. This anticipated growth stems from the surge in digital transformation endeavors, heightened emphasis on cybersecurity protocols, concerted efforts towards sustainable infrastructure frameworks, the growing acceptance of hybrid and multi-cloud architectures, and the integration of artificial intelligence (AI) and machine learning (ML) capabilities. Foreseeable trends encompass the widespread adoption of serverless computing frameworks, the proliferation of containerization and Kubernetes technologies, the emergence of edge computing infrastructures, and the deepening integration of AI methodologies into software-defined infrastructure (SDI) paradigms.
A rise in number of the small and medium-sized businesses is expected to propel the growth of the infrastructure as a service (IaaS) market going forward. Small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. IaaS providers handle all of the infrastructure components, which reduces maintenance and upgrade costs for SMBs. For instance, according to the U.S. Small Business Administration (SBA), a US-based government agency, small businesses make up 99.9% of all businesses in the United States. In 2021, there were 31.7 million small businesses in the United States, which accounted for 64.2% of net new private-sector jobs created from 2010 to 2021. Thus, a rise in number of the small and medium-sized businesses is driving the growth of the infrastructure as a service (IaaS) market.
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The infrastructure as a service (iaas) market covered in this report is segmented –
1) By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud
2) By Application: Managed Hosting, Storage As A Service, Disaster Recovery As A Service And Backup, Compute As A Service (CaaS), Network As A Service (NaaS), Content Delivery Services, High-Performance Computing As A Service (HPcaaS)
3) By End User: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Government And Education, Healthcare, IT And Telecom, Retail, Manufacturing, Media And Entertainment, Other Industry Verticals
Sub-Segements : Rechargeable, Non-RechargeableProminent players in the IaaS sector are actively innovating to deliver cutting-edge solutions, exemplified by the development of Watson AIOps. An innovative AI-driven platform, Watson AIOps revolutionizes IT operations management by facilitating self-detection, diagnosis, and response to IT anomalies. Launched by IBM in September 2022, Watson AIOps leverages traceable AI algorithms, instilling confidence in stakeholders regarding AI-powered recommendations and insights for mission-critical workloads. With its capacity to furnish clear and concise recommendations, Watson AIOps equips teams with swift solutions, augmenting operational efficiency and resilience in contemporary IT ecosystems.
The infrastructure as a service (iaas) market report table of contents includes:
1. Executive Summary
2. Infrastructure as a service (IaaS) Market Characteristics
3. Infrastructure as a service (IaaS) Market Trends And Strategies
4. Infrastructure as a service (IaaS) Market - Macro Economic Scenario
5. Global Infrastructure as a service (IaaS) Market Size and Growth
......
32. Global Infrastructure as a service (IaaS) Market Competitive Benchmarking
33. Global Infrastructure as a service (IaaS) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Infrastructure as a service (IaaS) Market
35. Infrastructure as a service (IaaS) Market Future Outlook and Potential Analysis
36. Appendix
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Infrastructure as a Service (IaaS) MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Infrastructure as a Service (IaaS) Market.
The growth sectors of the Infrastructure as a Service (IaaS) Market are identified with precision for a better growth perspective.Infrastructure as a service (IaaS) governance demand is growing with IaaS mis-configurations and inadvertent sensitive data storage exposure causing some of the biggest breaches over the past couple of years.
As a result, businesses are increasingly focusing on improving governance to prevent data loss.Simultaneously, factors such as the increasing demand for hybrid computing, faster implementation, scalability, and accessibility of the IT system are defining the market landscape for IaaS, increasing the demand and uptake of IaaS.
Moreover, the increasing adoption of multi-cloud and cloud-based IaaS platform is escalating the IaaS market on the global platform.
Acknowledging the kind of growth, the IaaS market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global Infrastructure as a Service market will reach approx.
59 BN USD by 2023, registering a whopping CAGR over 23 % from 2017 to 2023.Augmenting uptake of cloud computing 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 On the flip side, factors such as the lack of technical expertise to manage IT infrastructure and data security on the cloud are expected to restrict the market growth of IaaS over the assessment period.
The report referring to the Cloud Infrastructure-as-a-Service (IaaS) Market Report is one of the most comprehensive and with key impaction additions designed for the buyers.
The report smartly leads you to a productive methodology in planning, managing, and investigating data.
The report also incorporates knowledge of strengths, weaknesses, threats, and opportunities, along with the market trends and limitations in the prospect.
The report develops on the dynamic growth market and is utilized to interpret the different scenarios of the businesses.
Backed with competitive intelligence and benchmarking, our research reports on the Cloud Infrastructure-as-a-Service (IaaS) market are designed to provide entry support, customer profile, and M as well as go-to-market strategy support.Focusing Point of the Report:1.
The report manages to convey detailed information regarding prominent vendors of the Cloud Infrastructure-as-a-Service (IaaS) Market including recent innovations, advancements, improvements, business estimation, revenue margin, and sales graph.Market Size & Share, by Product Types:Public, Private, HybridMarket Size & Share, by Product Applications:IT & Telecom, Banking, Financial Services, and Insurance, Healthcare, Retail and E-commerce, Government & Defense, Energy & Utilities, ManufacturingDirect Purchase Report With Any Queries @ https://market.us/purchase-report/?report_id=47456On the basis of regions, the research report covers almost all the major regions across the globe such as- Europe (Germany, France, UK, Russia, and Italy)- North America (United States, Canada, and Mexico)- South America (Brazil, Argentina, Colombia, etc.
Global Infrastructure as a Service (IaaS) Market Research Report – By Solution (Network Management, Content Delivery Services), Deployment Type (Private Cloud), End User (Large Enterprises), Verticals (Telecommunications), By Regions - Forecast Till 2023Market HighlightsThe global infrastructure as a service (IaaS) market is growing exponentially across North America, Europe, Asia Pacific, and rest of the World.
In North America, the infrastructure as a service (IaaS) market is experiencing a huge demand due to increasing use of Infrastructure as a service platform among small and medium-sized organizations and growing demand for hybrid cloud.
Infrastructure as a service is used for making business decisions as it offers resource sharing among a large number of networks.The North American region is experiencing huge demand in infrastructure as a service (IaaS) due to increasing demand for hybrid cloud computing as it offers high operational efficiency to large organizations.
While in APAC region, the infrastructure as a service is gaining momentum due to the increasing penetration of internet services, and high adoption of smart devices among users.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%.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5910Market SegmentationThe 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.
Analyzing the Indian companies from 2005, we can notice a big paradigm shift in relation to the culture of proprietary technology equipment.
This means that there was breach of the resistance option of renting rather than buying.
Then we noticed that the model called Infrastructure as a Service (IaaS) fit in nicely in this new scenario, because in addition to efficiency, it is quite functional from the financial point of view.Today, many major companies already work under the IaaS model.
In fact, we are living the beginning of time to the glory of IaaS and believe that the peak demand will occur in the coming years, given the economic growth of the country and the sporting events to be hosted here.Regardless of how they are being organized, these events are already forcing Indian companies to fit in physical infrastructure.
We will need new airports, stadiums, bridges etc.
These works require a strong back office, for companies providing services need to quickly assemble IT environments with flexible services.
