Global Infrastructure as a Service Market, By Component Type (Storage, Network, Computer and Others), User Type (Small and Medium Scale Enterprises and Large Enterprises), Industry Vertical (Banking Financial Services and Insurance, Government and Education, Healthcare, Telecom and IT, Retail, Manufacturing, Media and Entertainment and Others), Services (Managed Hosting Services, Storage As A Service, High Performance Computing As A Service, Disaster Recovery As A Service, Data Centre as a Service, Desktop as a Service, Application hosting as a Service and Others), Deployment (Public Cloud, Private Cloud and Hybrid Cloud), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Infrastructure as a Service Market
Increase in the demand for low cost but advanced information technology (IT) infrastructure, growing adoption of hybrid cloud based platforms by small and medium scale organisations and surge in the volume of organizational data are the major factors attributable to the growth of the infrastructure as a service market. Data Bridge Market Research analyses that the infrastructure as a service market will exhibit a CAGR of 25.58% for the forecast period of 2021-2028. This means that the infrastructure as a service market would stand tall at a market value of USD 123.01 billion by 2028.
Infrastructure as a service is a cloud computing service that eliminates the need for an on-site data centre. Infrastructure as a service provides access to the servers across varying geographical locations using cloud and internet. They are used to generate visualized computing resources by a wide range of end user verticals.
Increased adoption of hybrid cloud as primary deployment models by the end user verticals will emerge as the major market growth driving factor. Rising proliferation of smartphones especially in the developing economies and growing research and development activities by the various verticals will further aggravate the growth of the market. Growth in the volume of organizational data and rise in the demand for data backup and storage solutions are some other factors bolstering the growth of market.
However, stringent regulatory compliances associated with the platform will act as a growth restraint for the market. Rising security and privacy concerns in regards to private cloud deployment will further dampen the growth rate of the market. Dearth of skilled personnel or trained expertise and adequate IT infrastructure in developing and underdeveloped economies will yet again hamper the market growth rate.
This infrastructure as a service market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on infrastructure as a service market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Infrastructure as a Service Market Scope and Market Size
The infrastructure as a service market is segmented on the basis of component type, user type, industry vertical, services and deployment. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- By the component type, the infrastructure as a service market is segmented into storage, network, computer and others.
- Based on user type, the infrastructure as a servicemarket is segmented into small and medium scale enterprises (SMEs) and large enterprises.
- On the basis of industry vertical, the infrastructure as a service market is segmented into banking financial services and insurance, government and education, healthcare, telecom and IT, retail, manufacturing, media and entertainment and others.
- Based on the services, the infrastructure as a service market is segmented into managed hosting services, storage as a service, high performance computing as a service, disaster recovery as a service, data centre as a service, desktop as a service, application hosting as a service and others.
- On the basis of deployment, the infrastructure as a service market has been segmented into public cloud, private cloud and hybrid cloud.
Global Infrastructure as a Service Market Country Level Analysis
The infrastructure as a service market is analysed and market size, volume information is provided by country, component type, user type, industry vertical, services and deployment as referenced above.
The countries covered in the infrastructure as a service market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the infrastructure as a service market and will continue to flourish its trend of dominance during the forecast period owing to the increased adoption of hybrid cloud solutions by the enterprises. Asia-Pacific will however, register the highest CAGR for this period. This is because of the increased penetration of internet in the region.
The country section of the infrastructure as a service market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Infrastructure as a Service Market Share Analysis
The infrastructure as a service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to infrastructure as a service market.
The major players covered in the infrastructure as a service market report are Google LLC, IBM, Microsoft, Oracle., Amazon Web Services, Inc.,FUJITSU, Lenovo, VMware Inc.,RACKSPACE TECHNOLOGY, Red Hat, Inc., Redcentric plc., www.javatpoint.com., Gartner, Inc., Cloud4C, Larsen & Toubro Infotech Limited, NetApp, Accenture., Wipro Limited, MuleSoft LLC and Telefónica S.A., among other domestic and globalplayers. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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