Industry Background:
Infrastructure as a service offers a virtualized computing resources through World Wide Web. Infrastructure as a service market is expected to mark significant growth over forecasted period owing to increasing consumers spending on digitalization development in numerous business verticals and technological advancement. There has been significant rise in number of enterprises using multi-cloud strategy with figure stood up to 81% in United States alone in 2018, so the future of infrastructure as a service looks promising. This result in rising popularity of IT services in large enterprises platforms and escalating need for IT infrastructure in cloud computing may trigger demand and help in industry expansion.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Amazon Web Services Inc. (United States), Google LLC (United States), Microsoft Corporation (United States), International Business Machines Corporation (United States), Cisco Systems Inc (United States), HCL Technologies Limited (India), Accenture (Republic of Ireland) and Computer Sciences Corporation (United States) |
According to AMA, the market for Infrastructure as a service is expected to register a CAGR of 24.1% during the forecast period to 2028. This growth is primarily driven by Increase Demand of Hybrid Computing Boost the Infrastructure as a Service Market. and Rapid Adoption of Cloud Computing is Increasing among Different End Users..
Globally, a noticeable market trend is evident Collaboration and Tie Up Of Leading Players
The Cloud Computing sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Amazon Web Services Inc. (United States), Google LLC (United States), Microsoft Corporation (United States), International Business Machines Corporation (United States), Cisco Systems Inc (United States), HCL Technologies Limited (India), Accenture (Republic of Ireland) and Computer Sciences Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. In Infrastructure as a service market, it has been observed that most of the companies are upgrading or introducing different compatible operating systems and application gateways that provides more mapping out and accounting for application dependencies.
Key Developments in the Market:
In July 2018, NexusTek acquired Zumasys Cloud Hosting. This acquisition is beneficial in providing IT solutions that combine storage, virtualization, data protection, and networking technologies.
Influencing Trend:
Collaboration and Tie Up Of Leading Players and Awareness among the enterprises.
Market Growth Drivers:
Increase Demand of Hybrid Computing Boost the Infrastructure as a Service Market. and Rapid Adoption of Cloud Computing is Increasing among Different End Users.
Challenges:
Vendor Outages in Infrastructure as a Service are Anticipated to Challenge the Market. and Skilled Professional Required for Installations which Hampers the Global Market.
Restraints:
Lack of IT Infrastructure Hampers the Infrastructure as a Service Market. and Data Security on the Cloud Associated With In Infrastructure as a Service Market.
Opportunities:
Proliferation of Smartphones, Tablets and Mobiles Leads to Grow the Infrastructure as a Service Market. and Upsurge Demand Due to High Governments Investments.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Infrastructure as a service Market
- Analysis about New Entrants in Infrastructure as a service Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Infrastructure as a service Study Sheds Light on
The Infrastructure as a service Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Infrastructure as a service industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Infrastructure as a service industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.