Global Infrastructure-as-a-Service Market Set to Reach USD 385 Billion by 2030

According to Straits Research, the global Infrastructure-as-a-Service Market revenue was valued at USD 58 Billion in 2021 and is expected to grow from USD XX Billion in 2022 to USD 385 Billion by 2030, with a projected CAGR of 23.4% over the forecast period (2022–2030).

Market Definition and Insights

Infrastructure-as-a-Service (IaaS) is a cloud computing service model that provides virtualized computing resources over the internet. The primary benefit of IaaS is that it eliminates the need for businesses to invest in and manage physical data centers, thereby reducing capital expenditures and allowing for scalable computing capabilities.

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Latest Market Trends

1. Hybrid Cloud Adoption: Enterprises are increasingly adopting hybrid cloud models, combining private and public cloud infrastructures to achieve greater flexibility and cost efficiency.

2. Edge Computing Integration: The rise of edge computing is pushing IaaS providers to offer solutions that support data processing closer to the source, reducing latency and improving performance.

3. AI and Machine Learning: Integration of artificial intelligence (AI) and machine learning capabilities into IaaS offerings is enabling advanced data analytics, automation, and enhanced security measures.

4. Sustainability Initiatives: IaaS providers are focusing on sustainable practices, optimizing energy consumption, and minimizing their carbon footprint through green data center initiatives.

Market Segmentation

By Component Type:

1. Storage

2. Network

3. Compute

4. Others

By Deployment Model:

1. Private

2. Public

3. Hybrid

By User Type:

1. Small and Medium Enterprises (SMEs)

2. Large Enterprises

By Industry Vertical:

1. BFSI

2. Government & Education

3. Healthcare

4. Telecom & IT

5. Retail

6. Manufacturing

7. Media & Entertainment

8. Others

   For more details: https://straitsresearch.com/report/infrastructure-as-a-service-market/segmentation

Key Opportunity

The IaaS market presents significant opportunities for growth, driven by the increasing demand for scalable and cost-effective cloud solutions across various industries. The rise in digital transformation initiatives and the growing reliance on cloud-based applications are further propelling market expansion.

Top Key Players

The global Infrastructure-as-a-Service Market is competitive, with several key players driving innovation and growth. Some of the top players include:

1. Amazon Web Services Inc.

2. Alibaba Group Holding Limited

3. Microsoft Corporation

4. IBM Corporation

5. Redcentric plc.

6. Google Inc.

7. Oracle Corporation

8. EMC Corporation

9. Rackspace Inc.

10. Hewlett Packard Enterprise

    Detailed Table of Content of Infrastructure-as-a-Service Market report: @ https://straitsresearch.com/report/infrastructure-as-a-service-market/toc

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