Infrastructure as a Service Market Research Report – Forecast to 2030

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 2030

ID: MRFR/ICT/4454-HCR | October 2022 | Region: Global | 100 Pages         

Infrastructure As A Service (IaaS) Market

The Infrastructure as a Service (Iaas) Market Is Estimated To Reach Usd 119 Billion By 2030, At A CAGR of 24.1%.

Segmentation

By Solution Network Management Content Delivery Services
By Deployment Type Private Cloud
By End User Large Enterprises
By Verticals Telecommunications

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)

Drivers

  • 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.
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Infrastructure as a Service Market Overview:


The Infrastructure as a Service (Iaas) Market Is Estimated To Reach Usd 119 Billion By 2030, At A CAGR of 24.1%.


Iaas is a type of cloud management service that, for computing, provides resources over the internet. Various kinds of information such as security, log access, billing of clusters, balancing the load, backups as well as monitoring, replication, recovery, and others. A lot of organizations are choosing Infrastructure as a Service (iaas) Market because it is more cost-efficient than the process of buying, managing, and supporting the infrastructure. It allows the automated placement of servers, storage, processing powers, and networking. Infrastructure as a Service (iaas) Market gives access to servers across the globe which further eliminates the requirement of onsite data centers and operators. The application of Infrastructure as a Service (iaas) Market in this modern era is found in testing and developing web-based applications, hosting websites, and analysis of huge data.


Infrastructure as a Service Market Covid-19 Analysis:


The Infrastructure as a Service Market coronavirus pandemic has given a very hard time to most of the manufacturing, developing, production, and logistic units of the market. Due to this pandemic situation, restrictions were imposed by the government of different countries. This market has been impacted both positively and negatively during the pandemic. Firstly all the business units and data centers have been shut down due to lockdowns imposed by the government. The IT companies are allowing on 25% of its employees to come to the office during the normal working hours due to which the efficient results expected from them are not being achieved. But on other hand, the fierce faced by this industry is being balanced by the IT developers and programmers working from home. The prime companies of this market have provided their employees with laptops and other materials required by them to operate from home and try to provide the same services as would have been given if this covid-19 situation would not have raised. But still, there are many drawbacks faced by the persons working from home. There is a ray of hope that once these restrictions are being lifted the market will make a powerful comeback with much enhancement in profits.


Infrastructure as a Service Market Dynamics:


Drivers:


Firstly, the Infrastructure as a Service (Iaas) Market rising demand for hybrid computing faster scalability and implementation of it systems is one of the major factors that may boost the growth of this market during the forecast period. Secondly due to the increasing adoption of cloud computing in various verticals such as it and telecom, BFSI, healthcare, e-commerce, and others because it can be fully utilized and that too with the help of cost-effective cloud computing systems which in turn is another factor that may propel the growth of this market to a great extent. Lastly, these iaas platforms enhance the IT services and fasten the process of accessibility of data which is another element that may enhance the expansion of this industry.


Restraints:


First of all due to lack of proper Infrastructure this market is going to face many problems during its growth because for the proper working of something the components used in that thing must be present with the user otherwise the system will not work properly. So this is one of the major factors that may hinder the growth of this market. Secondly, data security issues related to cloud-based systems are another element that may restrict the expansion of this industry to a certain extent.


Technology Analysis:


Many attempts are being made by the key manufacturers of this market to provide advanced offerings, with the help of cloud services, such as migration, security, monitoring, and assessment. Also, the players of this market are shifting their focus in protecting the data which is being uploaded by the users on cloud-based systems as it is a well-known fact that the data present in cloud profiles can easily be stolen by hacking. A new type of security lock is being developed which can either be password or pattern protected and can only be assessed by the user on completing those formalities Infrastructure as a Service Market.


Study Objectives:



  • To consider the viewpoint of various industry experts and leaders and predict compound annual growth rate and market growth rate by the end of the global forecast in 2028.

  • To highlight a competitive market outlook and examine the yield models of key market players, worldwide.

  • To analyze the different market dynamics like trends, drivers, and restraints that are most likely to play a role in helping the market and its different segments growing in the domestic as well as international market.


Infrastructure as a Service Market Segment Overview:


Infrastructure as a service (iaas) market share is anticipated to witness significant growth owing to the performance of different market segments. Among these, the IT & telecom segment will be the fastest-growing and also contribute towards this market growth more than any other segment. The BFSI and healthcare segment will also witness significant growth during the assessment period. For an amplifying use the market has been segmented into the following on different bases:



  • Based on the solution, it has hosting services, storage as a service, high-performance computing as a service, disaster recovery as a service, network management, and content delivery services.

  • Based on deployment type, Infrastructure as a Service (IaaS) Market has a public cloud, private cloud, hybrid cloud.

  • Based on end-user, Infrastructure as a Service (IaaS) Market has small and medium scale enterprises and large-scale enterprises.

  • Based on verticals, Infrastructure as a Service (IaaS) Market has it & telecom, BFSI, healthcare, retail and e-commerce, government & defense, and others.

  • Further storage as a service segment is further divided into network-attached storage and storage area network-based storage.


Infrastructure as a Service Market Regional Analysis:


The infrastructure as a service (iaas) industry movement is remarkably working in 4 major regions of the world that is North America, Asia Pacific, Europe, and the rest of the world. Among all these regions, the North American region will dominate this market, and the reason attributed to it is the presence of advanced it infrastructure and rising penetration of hybrid cloud. Also, Europe will be the second-largest market due to the increasing adoption of the modern generation of cloud-based iaas services among large enterprises which in turn is propelling the popularity of this industry. Asia pacific region will also experience tremendous growth during the assessment period and its growth will be led by its developing economies such as china and India. The rising adoption of smart devices and the internet is one of the major factors that is responsible for the growth of the Infrastructure as a Service Market in this region.


Infrastructure as a Service Market Competitive Landscape:


To get a detailed and profound idea about the infrastructure as a service (iaas) market insights, it is very important to create a competitive environment amongst the different key players at different market locations all around the world. All the market players are competing with each other globally in the international markets by implementing various types of strategies such as product launches and upgrades, mergers and acquisitions, partnerships, etc.


The prime players of this Infrastructure as a Service Market include:-


 



  • 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.)

  • Rack Space Inc. (U.S.)

  • Oracle Corporation (U.S.)

  • Fujitsu Ltd (Japan)

  • Alibaba Group Holding Limited (China)

  • Dell Emc (U.S)

  • Red Hat, Inc, (U.S)

  • Redcentricplc (U K)

  • Hewlett Packard Enterprise (U.S)

  • Profit Bricks (China)

  • Bluelock (Japan)

  • Ca Technologies (U.S)

  • Datapipe Inc. (U.S.)

  • Logicworks (U K)

  • Gogrid (U.S.)

  • Layeredtech (U.S)

  • Verizon (New York)

  • Savvis (Louisiana)

  • Opsource (Us)


Infrastructure as a Service Market Recent Developments:


In March 2021, cipher cloud was acquired by lookout, inc. A leading provider of cybersecurity solutions. A new and first company will be formed by this combination which will have the potential of providing a combined endpoint to cloud security solutions.


In May 2021, aws lambda extensions were launched by amazon web services inc. Which will allow the developers to integrate lambda cloud-based functions without any server with the use of common tools available for monitoring, security, governance, and observing.


In May 2021, the red hat jboss enterprise application platform was launched by red hat inc., the global leader in providing open source solutions on microsoft azure. This application enabled the organizations to get certain benefits of using a cloud-based architecture for advancing their existing ee applications (previously it was java ee) and building new ones on azure.


In May 2020, with the view to adopt a safe and secure managed private cloud architecture, brooks macdonald, a uk-based international investment management service provider was enabled by rack space technology, a global leader in providing multi-cloud technology solutions.


Intended Audience:



  • 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

  • End-Users/Enterprise-Users

  • Managed Service Providers (Msps)

  • Value-Added Resellers (Vars)

  • Providers Of Telecom, Internet Services, And Data Centers


Infrastructure as a Service Market Report Overview:


The infrastructure as a service (iaas) industry report presents a shift analysis that includes market drivers, opportunities, and restraints that are available in the global market. The report discusses the impact of covid-19 on the key players of this market. The report also tells about the market segmentation on a different basis and how a competitive environment is developed among the key players around the globe. At last, the report presents some recent developments in this industry.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 119 Billion (2030)
  CAGR   24.1% (2021-2030)
  Base Year   2020
  Forecast Period   2021-2030
  Historical Data   2019
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Solution, Deployment Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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.) and Fujitsu Ltd (Japan)
  Key Market Opportunities   Rising penetration of hybrid cloud and the presence of highly advanced IT infrastructure are some of the prime factors inducing market growth in North America.
  Key Market Drivers   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.


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Frequently Asked Questions (FAQ) :

The market can expand at a rate of 24.1% in the coming years.

The market size by the year 2030 can be USD 119 billion.

The top players in the market include Google LLC (U.S.), Rackspace Inc. (U.S.), Fujitsu Ltd (Japan), HCL Technologies Limited (India), Accenture (Republic of Ireland), Cisco Systems Inc (U.S.), VMware, Inc. (U.S.), Microsoft Corporation (U.S.), Amazon Web Services Inc. (U.S.), Oracle Corporation (U.S.), International Business Machines Corporation (U.S.), Computer Sciences Corporation (U.S.), and others.

Rising penetration of hybrid cloud and the presence of highly advanced IT infrastructure are some of the prime factors inducing market growth in North America.

The market has gained immense popularity in Europe, on account of the rising adoption of next generation cloud-based IaaS services across large organizations among others.

North America is the experiencing a huge demand due to the increasing penetration of hybrid cloud and advanced IT infrastructure which is propelling the business of infrastructure as a service.

Technological advancements have encouraged the organizations, especially construction and engineering sector, to gather and share information in real time. This real-time information involves sharing of high volumes of unorganized data, which at times is irrelevant, which can increase the capital and operational expenditure of any organization.