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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Infrastructure as a Service (IaaS) Market Analysis
The cost-effectiveness of cloud-based services and the rising quantity of data generated by daily business operations increase the number of companies embracing storage as a service (SaaS), DRaaS, and backup services. Such services allow businesses to store data safely while maintaining the continuity of the business, which is fuelling the global adoption of IaaS. In addition, the increased demand for big data analytics, more SMBs that create new business channels, cost reduction, and business agility are the other driving factors in the global infrastructure as a service (IaaS) industry.
Hybrid cloud is dominating the global market with a significantly higher share, whereas the public cloud is expected to witness higher growth in the coming years. DRaaS is projected to have the largest market share as a result of the rising data management disasters including human-made errors and cases of theft of data. The application sector is dominated by the BFSI and IT and telecom sectors.
Infrastructure as a Service (IaaS) Market Report Snapshots
Infrastructure as a Service (IaaS) Market Size
Infrastructure as a Service (IaaS) Market Analysis
Infrastructure as a Service (IaaS) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 24.9% between 2023 and 2032.
The major market drivers include the rising urbanisation, increased demand for big data analytics, demand for business agility, and more SMBs that create new business channels.
The key trends driving market growth include cost-effectiveness of cloud-based services and the large volumes of data generated by daily business operations increasing the number of companies embracing storage as a service (SaaS), DRaaS, and backup services.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
DCaaS is projected to have the largest market share among the service types.
Hybrid cloud IaaS implementation model is the dominant component type in the global infrastructure as a service (IaaS)market.
The company sizes in the market include large enterprises, and small and medium enterprises.
The leading applications of infrastructure as a service (IaaS) are the IT and Telecom sector, followed by BFSI.
The major players in the market are Fujitsu Limited, Oracle Corporation, Microsoft Corporation, Cloudflare, Inc., Lumen Technologies, Inc., DXC Technology Company, Virtustream LLC, IBM Corporation, NTT Communications Corporation, Amazon Web Services, Inc., Google LLC, and VMware, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124