About Cloud Infrastructure
The global cloud infrastructure market is anticipated to portray significant growth over the forecast period owing to the growing demand from various technology-dependent industries such as manufacturing, telecom, and healthcare, among others. The cloud infrastructure provides companies with the scalability, lower capital expenditure, and reliability towards their business operations, thus inflating demand for cloud computing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 11.9% |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cloud Infrastructure market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hewlett-Packard (United States), AWS (Amazon Web Services) (United States), Dell, Inc. (United States), Cisco Systems, Inc. (United States), EMC Corporation (United States), IBM Corporation (United States), Salesforce.com (United States), Alphabet Inc. (United States), Lenovo group Limited (China), AT&T, Inc. (United States) and Oracle Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Quanta Computer Inc. (Taiwan), Foxconn Technology Group (Taiwan), Intel Corporation (United States) and NetApp, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cloud Infrastructure market by Type (Hardware [Servers, Computers, Storage Devices, Memory, CPU] and Software [Ajax, Ruby on Rails]), Application (Private Cloud & Hybrid Cloud, Backup, Disaster Management, Big Data Analytics, File Storage and Test & Development) and Region.
On the basis of geography, the market of Cloud Infrastructure has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Organization Size, the sub-segment i.e. Small and Medium-sized Enterprises (SMEs) will boost the Cloud Infrastructure market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Banking, financial services, and insurance (BFSI) will boost the Cloud Infrastructure market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand of Organizations for Agile, Scalable, and Cost-Effective Computing
Market Growth Drivers:
Growing Trend for Adopting Big Data Analytics and High Penetration of Hybrid Clouds
Challenges:
Increasing Complexities of Workload in Cloud Environment and The Concern Regarding Data Transfer and Application Issues
Restraints:
The Decline in Demand for Server Hardware Due to Consolidation and Virtualization of Servers and Concern Over Data Privacy and Security
Opportunities:
High Adoption Rate in SMBS and Growth of the Analytics Market
Market Leaders and their expansionary development strategies
In 2022, IBM Corporation has announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS) to offer its extensive software catalog as Software-as-a-Service (SaaS) on AWS. This agreement gives customers easy access to IBM software, such as automation, data, and AI, built on Red Hat OpenShift Service (ROSA) on AWS and running cloud-native on AWS. and On 25th February 2020, Cisco has announced new mobility solutions aimed to help service providers drive revenue and profitability from their 5G infrastructure. Cisco Maps IP-led Path to 5G Profitability With New Lineup of Cloud Software and Hardware for Mobile Networks
In 2021, Google Cloud launched Vertex Al, a machine learning platform that helps businesses maintain and deploy artificial intelligence models. Helps manage and build machine learning projects throughout the entire development lifecycle., In 2021, AT&T and Google Cloud announce new solutions across AT&T's 5G and Google Cloud edge computing portfolios, including AT&T's on-premises Multi-access Edge Compute (MEC) solution and AT&T network edge capabilities over LTE, 5G and wire I did. This is expected to help enterprises bring digital transformation in businesses such as retail, healthcare, manufacturing, entertainment and more. and On 9th April 2019, Hewlett Packard Enterprise (HPE) and Google Cloud today announced a global partnership to deliver hybrid cloud solutions that accelerate innovation and expand choice and agility for customers.
Key Target Audience
Cloud Infrastructure Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.