Global Infrastructure as a Service Market

Infrastructure as a Service Market Size, Share, Growth Analysis, By Deployment (Hybrid, Public), By User Type (Small & Medium-Sized Enterprises, Large Enterprises), By Industry (Healthcare, Retail & E-Commerce), By Region -Industry Forecast 2025-2032


Report ID: SQMIG45A2401 | Region: Global | Published Date: December, 2024
Pages: 177 | Tables: 120 | Figures: 72

Infrastructure as a Service Market Regional Insights

North America is the global hub of innovation for cloud technology and is way ahead in the market share for infrastructure as a service market. Within its geographical boundaries, leading businesses that offer wide IaaS solutions, such as IBM Corporation, VMware, Inc., and Amazon Web Services (AWS), exist. These businesses host, manage, and maintain a variety of IT infrastructures for public and private data centers. Organizations can have access to scalable and secure infrastructure solutions through the Internet due to the presence of data centers in multiple countries, which enhances the smooth flow of business operations. In addition, developments are encouraged by competitive pressure in North America.

Due to its enormous population, fierce rivalry between IT and telecoms service providers, and growing GDP, the Asia Pacific region leads the way in adopting faster internet connections such as 4G. The emerging regions for digitization nowadays are countries such as China and India. Some of the reasons attributed to its growth are noticeable advancements in internet usage, increased smart gadget distributions, and growth in digitization in most industries that require the utilization of information technologies. IaaS solutions are also gaining popularity in these countries since SMEs seek computing capabilities on par with enterprises at affordable prices. Therefore, IaaS usage is witnessing a boom across the region that is aiding rapid digital development in this area.

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Global Infrastructure as a Service Market size was valued at USD 107.42 Billion in 2022 and is poised to grow from USD 130.08 Billion in 2023 to USD 618.88 Billion by 2031, growing at a CAGR of 21.4% in the forecast period (2024-2031).

Major players, including Amazon Web Services (AWS), Microsoft Azure, Google Cloud, IBM, and VMware are leading a very competitive landscape in the infrastructure as a service industry. Companies operate with different services: processing ability, storage, and cloud hosting. To attract the attention of businesses, suppliers within this highly competitive industry focus on innovation, scalability, security, and cost. Emerging regional players that are also small-scale companies also contribute to competition and market diversity. 'Amazon Web Services', 'Microsoft Azure', 'Google Cloud Platform (GCP)', 'Alibaba Cloud', 'Oracle Cloud', 'IBM Cloud (Kyndryl)', 'Tencent Cloud', 'OVHCloud', 'DigitalOcean', 'Linode (Akamai)', 'Dell EMC', 'Hewlett Packard Enterprise', 'Redcentric Plc.', 'International Business Machines Corporation', 'Rackspace Hosting, Inc.'

In this mode of IaaS, companies pay only for what they use, and so they scale up their IT resources as required. SMEs can now have enterprise-level computing capacity without investing significantly in such huge capital due to this pay-as-you go approach that also reduces one-time infrastructure costs. Enterprises can scale up their infrastructure instantly to match demand as they expand, and this is driving popularity in IaaS.

Hybrid and Multi-Cloud Adoption: Hybrid and multi-cloud systems are increasingly implemented by organizations for utmost utilization of IT infrastructure. This trend provides flexibility, higher security, and the reduction of risks as organizations can combine both public and private clouds to meet specific business requirements. Thereby, the demand to integrate various cloud platforms into smooth interaction is developing in the IaaS sector.

North America is the global hub of innovation for cloud technology and is way ahead in the market share for infrastructure as a service market. Within its geographical boundaries, leading businesses that offer wide IaaS solutions, such as IBM Corporation, VMware, Inc., and Amazon Web Services (AWS), exist. These businesses host, manage, and maintain a variety of IT infrastructures for public and private data centers. Organizations can have access to scalable and secure infrastructure solutions through the Internet due to the presence of data centers in multiple countries, which enhances the smooth flow of business operations. In addition, developments are encouraged by competitive pressure in North America.

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Global Infrastructure as a Service Market

Report ID: SQMIG45A2401

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