About Infrastructure as a service (IaaS)
Infrastructure as a service is a private hosted which provides standardized, reserved, on-demand virtual, and data storage services to the specific requirements for the organizations. It is an ideal solution for running an enterprise-class production system. This also provides the agencies with the advanced capabilities to the provisioning processing, storage, networks, and other fundamental computing resources.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 21.4% |
The companies operating in this industry are focusing more towards efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development. The players are focusing on securing a leading position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet a high market share, and developing a socially responsible business company is identifying various strategic pillars such as mergers & acquisitions, new product launch, product enhancement, and others. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Infrastructure as a service (IaaS) 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.
IBM (United States), Google (United States), Oracle (United States), Microsoft (United States), Rackspace (United States), Fujitsu (Japan), NTT Communications (Japan), Amazon Web Services (United States), VMware (United States) and Virtustream (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 Hewlett-Packard (United States), CenturyLink (United States) and Verizon Communications (United States).
Segmentation Overview
AMA Research has segmented the market of Global Infrastructure as a service (IaaS) market by , Application (Archiving, Backup & Restore, Business Application, Content Delivery, Database Migration and Others) and Region.
On the basis of geography, the market of Infrastructure as a service (IaaS) 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).
If we see Market by , the sub-segment i.e. will boost the Infrastructure as a service (IaaS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
The rapid adoption of Cloud Infrastructure as a Services, Cloud infrastructure solutions provides the options, flexibility, and value from the cloud with a high level of security and quality of service for the enterprise-class IT.
Market Growth Drivers:
Rising Penetration of Hybrid Cloud, Rapid Implementation, Scalability, and Convenience of the IT System and Growing Importance to Disaster Recovery, and Risk Management for the Critical IT Systems
Challenges:
Reformation of the Network for Cloud and Stringent Rules and Regulations from the IT Enterprises
Restraints:
It Required Huge Initial Investment; This Becomes Huge Barrier for the New Market Entrants and Rising Concern Towards Privacy and Data Protection Among Large Size Enterprises
Opportunities:
High Adoption Rate in Small and Medium-Sized Organizations, Along with the Rising Number Medium Size Start-Ups. and Increasing Mobility and BYOD Trends are Generating Various Growth Opportunities in Futures
Market Leaders and their expansionary development strategies
In October 2023, Brillio, a leading digital transformation services and solutions provider, today announced that it has been selected by Coats Group plc as its technology services partner to drive better business outcomes and increase customer satisfaction. Coats is the world's largest thread and structural components manufacturer for apparel, footwear, and performance materials.
In May 2023, IBM unveiled IBM Hybrid Cloud Mesh, a SaaS offering that is designed to enable enterprises to bring management to their hybrid multicloud infrastructure. Driven by “Application-Centric Connectivity”, IBM Hybrid Cloud Mesh is engineered to automate the process, management and observability of application connectivity in and between public and private clouds to help modern enterprises operate their infrastructure across hybrid multicloud and heterogeneous environments.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Infrastructure as a Service Providers, Government Regulatory and Research Organizations and End-Use Industries
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.