Infrastructure-as-a-Service Market Analysis

  • Report ID: 4117
  • Published Date: Aug 14, 2024
  • Report Format: PDF, PPT

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:

           By Deployment Type

  • Public Cloud IaaS
  • Private Cloud IaaS
  • Hybrid Cloud IaaS

             By Component

  • Disaster Recovery as a Service (DRaaS)
  • Storage as a Service (STaaS)
  • Network as a Service (NaaS)
  • High Performance Computing as a Service (HPCaaS)
  • Others

 

 

         By Enterprise Size

  • Small & Medium-sized Enterprises
  • Large Enterprises

            By End-User

  • BFSI
  • IT & Telecommunications
  • Media & Entertainment
  • Manufacturing
  • Healthcare
  • Retail & E-commerce
  • Others
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Author Credits:  Abhishek Verma


  • Report ID: 4117
  • Published Date: Aug 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of infrastructure as a service is estimated at USD 115.94 billion.

Infrastructure as a Service (IaaS) Market size was over USD 96.17 billion in 2023 and is poised to cross USD 1.88 trillion by 2036, growing at more than 25.7% CAGR during the forecast period i.e., between 2024-2036. Increasing digitalization and technological advancements, high demand for managed cloud computing services, and adoption of IaaS solutions to lower the IT burden and incurred cost will drive the market growth.

North America region is expected to hold largest industry share by 2036, owing to presence of advanced IT infrastructure and high penetration of hybrid cloud in the region.

The major players in the market are VMware, Inc., Nutanix, Cisco Systems, Inc., Microsoft, Google Cloud, Dell Inc., Amazon Web Services, Inc., IBM, Oracle, Alibaba Cloud (Alibaba Group), Red Hat, Inc., and others.
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