Infrastructure as a Service (IaaS) Market size is expected to reach nearly US $ 413.42 Bn by 2029 with the CAGR of 27 % during the forecast period.
Infrastructure as a Service (IaaS) Market Overview:
The purpose of this study is to provide a thorough examination of the Infrastructure as a Service (IaaS) market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Infrastructure as a Service (IaaS) market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
Market Scope:
The research method used to assess and anticipate the Infrastructure as a Service (IaaS) market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Infrastructure as a Service (IaaS) market was calculated using the revenue of significant enterprises.
Drivers:
In recent years, the market for Infrastructure as a Service (IaaS) has grown significantly, propelled by a number of important factors. The growing need for scalable and flexible computer resources among enterprises is one of the primary causes. IaaS offers businesses an affordable way to access and use a variety of virtualized computing resources, such as servers, storage, and networking, without having to make significant capital expenditures in physical infrastructure.
The widespread usage of cloud computing and the trend towards digital transformation is another significant driver. IaaS offers an appealing option to smoothly shift workloads to the cloud as businesses strive to modernise their IT infrastructure and abandon on-premises systems.
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Segmentation:
The Infrastructure as a Service (IaaS) market can be divided into many categories in order to categorise and comprehend its complex environment. Public, private, and hybrid clouds are among the deployment methods that can be used as a segmentation criterion. For businesses searching for scalable resources without the requirement for on-premises infrastructure, public IaaS providers offer services to many different organisations over the internet. Contrarily, private IaaS uses exclusive infrastructure and resources for a single organisation, providing more security and control. Incorporating aspects of both public and private clouds, hybrid IaaS enables enterprises to keep sensitive data in a private cloud while using public cloud resources for non-sensitive processes.
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Key Players:
The major players covered in the Infrastructure as a Service (IaaS) market report are
1. Amazon Web Services, Inc.
2. EMC Corporation
3. Google Inc.
4. IBM Corporation
5. Microsoft Corporation
6. Oracle Corporation
7. Rackspace Hosting, Inc.
8. Red Hat, Inc.
9. Redcentric plc.
10. VMware, Inc.
11. Profitbricks
12. Cisco Systems Inc.
13. Computer Sciences Corporation (CSC)
14. Fujitsu
15. Alibaba Group Holding Limited
16. Dell EMC
17. Hewlett Packard Enterprise
18. Profitbricks Inc.
19. Mindtree Pvt. Ltd.
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Infrastructure as a Service (IaaS) Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Infrastructure as a Service (IaaS) market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Infrastructure as a Service (IaaS) industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Infrastructure as a Service (IaaS) Market Report are:
- Which segment grabbed the largest share in the Infrastructure as a Service (IaaS) market?
- How was the competitive scenario of the Infrastructure as a Service (IaaS) market in 2020?
- Which are the key factors responsible for the Infrastructure as a Service (IaaS) market growth?
- Which region held the maximum share in the Infrastructure as a Service (IaaS) market in 2020?
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