Infrastructure as a Service (IaaS) Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing digitalization and technological advancements
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High demand for managed cloud computing services
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Increasing adoption of IaaS solutions to lower the IT burden and incurred cost
Challenges
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Concerns over data protection, privacy and security
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Lack of proper infrastructure and awareness about the capabilities of cloud infrastructure
Infrastructure-as-a-Service (IaaS) Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
25.7% |
|
Base Year Market Size (2024) |
USD 120.89 billion |
|
Forecast Year Market Size (2037) |
USD 2.36 trillion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of infrastructure as a service is assessed at USD 147.3 billion.
Infrastructure-as-a-Service (IaaS) Market size was valued at USD 120.89 billion in 2024 and is expected to reach USD 2.36 trillion by 2037, expanding at around 25.7% CAGR during the forecast period i.e., between 2025-2037.
North America industry is poised to hold largest revenue share by 2037, 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.
