Infrastructure-as-a-Service (IaaS) is a cloud computing solution, providing complete IT infrastructure components, such as servers, networks, storage system, data center, and others, to various user groups including large and small & medium enterprises (SMEs). It reduces hardware cost by providing virtual server rooms and network systems to third-party or in-house data centers. Major IaaS solution providers, including Amazon Web Services, Inc., IBM Corporation, Microsoft Corporation, and others, improve efficiency, security, and optimize business operations for enterprises through robust virtual computing infrastructure.
In addition, IT infrastructure utilization through flexible data usage and structuring virtual machines as per customer requirement augment the IaaS market growth. It enables users to scale up their hardware need with various components including network connections, load balancers, server space, and others. In the recent years, several industry verticals, such as healthcare, manufacturing, retail, automotive, telecom & IT, business service providers, and others, have adopted IaaS for better IT stability with reduced cost of infrastructure.
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The global IaaS market is expected to witness high growth rate during the forecast period, owing to the rise in ICT expenditure by governments in several developed and the developing regions, including North America, Europe, and Asia-Pacific. In addition, increase in demand for flexible and faster implementation of IT infrastructure among several user types augments the IaaS market growth. Furthermore, SMEs are expected to adopt IaaS technology at a rapid pace due to low-cost of deployment; easy accessibility; flexible payment model; and growth in demand for virtual servers; cloud storage; and disaster recovery services. However, data privacy apprehension in public cloud deployment is one of the key factors that obstruct the market growth.
The global IaaS market is segmented based on component type, deployment mode, user type, industry vertical, and geography. On the basis of component type, it is categorized into storage, network, compute, and others. Based on deployment model, it is divided into private, public, and hybrid models. User type covered in the study include large enterprises and small & medium enterprises (SMEs). On the basis of industry vertical, the market is classified into banking, financial services, and insurance (BFSI); government & education; healthcare; telecommunication & IT; retail; manufacturing; media & entertainment; and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
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In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
KEYBENEFITS
The report provides in-depth analysis of IaaS market globally, outlining current trends, key driving factors, and potential areas for product investments.
Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies.
Holistic approach of segmentation is carried out through in-depth market study and discussions with several industry expertise globally.
The report provides highlights of top investment pockets, key impacting factors, and winning strategies for the global IaaS market.
The key players profiled in the report are as follows:
Amazon Web Services, Inc.
EMC Corporation
Google Inc.
IBM Corporation
Microsoft Corporation
Oracle Corporation
Rackspace Hosting, Inc.
Red Hat, Inc.
Redcentric plc.
VMware, Inc.
KEY MARKET SEGMENTS
By Component Type
Storage
Network
Compute
Others (Professional & Managed Services)
By Deployment Model
Private
Public
Hybrid
By User Type
SMEs
Large Enterprises
By Industry Vertical
BFSI
Government & Education
Healthcare
Telecom & IT
Retail
Manufacturing
Media & Entertainment
Others (Business Service Providers, Energy & Utilities, and Transportation)
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By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Singapore
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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