Infrastructure-as-a-Service Market Analysis

The infrastructure-as-a-service (IaaS) market is segmented by deployment type into public cloud IaaS, private cloud IaaS, and hybrid cloud IaaS, out of which, the hybrid cloud IaaS segment is anticipated to hold the largest market share over the forecast period. Hybrid cloud provide integrated service by using both public and private cloud to avoid assigning all of consumer data to one system in a single server, reducing risks related to data theft and data loss. Approximately over 80% of enterprises were estimated to have a hybrid cloud strategy in 2021.

Public cloud IaaS segment is estimated to witness the highest growth during the forecast period owing to increasing adoption among SMEs on the back of its beneficial features such as cost-effectiveness, and pay-as-you-go model which requires no upfront investment. Global public cloud IaaS spending, in 2021, was estimated to be over USD 90 Billion.

Based on component, the infrastructure-as-a-service (IaaS) market is segmented into disaster recovery as a service (DRaaS), storage as a service (STaaS), network as a service (NaaS), high performance computing as a service (HPCaaS), and others, out of which, the disaster recovery as a service (DRaaS) segment is projected to hold the largest share of the global market owing to increasing utilisation of DRaaS by organisations in order to protect their data and restore it efficiently to avoid data management disasters including human-made errors and cases of data theft.

On the basis of enterprise size, the infrastructure-as-a-service market is segmented into small & medium-sized enterprises and large enterprises, out of which, small & medium sized enterprises segment is anticipated to witness the highest growth over the forecast period owing to increasing adoption of IaaS solutions on the back of low investments and IT expenditure.

The global infrastructure-as-a-service (IaaS) market is further segmented on the basis on end-user into BFSI, IT & telecommunications, government, media & entertainment, manufacturing, healthcare, education, and others, out of which, BFSI segment is expected to hold the largest market share over the forecast period owing to increasing adoption of IaaS solutions on the back of benefits such as cost savings, data protection, and disaster recovery services in order to maintain business continuity with large volumes of confidential business and financial data.

Our in-depth analysis of the global market includes the following segments: