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