Infrastructure as a Service (IaaS) Market Trends |The Insight Partners
Infrastructure as a Service (IaaS) Market to 2025 - Global Analysis and Forecasts by Deployment Model, Service and End-user Verticals
A segment of cloud computing, infrastructure as a service (IaaS), offers array of physical computing resources, that include network connections, servers, bandwidth and load balancers, which are provided virtually by the cloud service providers (CSPs). IaaS vendors offer computers, physical or virtual machines and other resources. IaaS refers to online services utilized by enterprises such as physical computing resources, data-partitioning, location, security, backup and scaling. Growing demand for recovery in disaster situation and rising demand for hybrid cloud solutions as a service across the globe is the noticeable factor boosting the adoption of IaaS globally.
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The global IaaS market is segmented on the basis of deployment model into public cloud, private cloud and hybrid cloud. In addition, the global IaaS market is segmented based on service into compute as a service (CaaS), storage as a service (STaaS), application hosting as a service, disaster recovery as a service (DRaaS), desktop as a service (DaaS), and data center as a service (DCaaS). The global IaaS market is further segmented by end-user verticals, namely: large enterprises, small & medium enterprises/businesses, public sector, BFSI, and others (which include hospitality, retail, etc.).
IaaS provides a competitive cloud computing platform to the enterprises by enabling shared pool of storage and computing applications for end-users on on-demand basis. Moreover, the technological developments have led to growing mobility, bring your own device (BYOD), and similar digitalization trends in several fields. Flexibility, ease in deployment, and scalability of services with economic benefits are the factors boosting the global IaaS market.
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The need for decreasing the operational cost and IT administration, in order to emphasize further on their core business operations, is the primary factor driving the global IaaS market, especially within small & medium enterprises (SMEs).
increasing penetration of hybrid cloud is further expected to drive the global IaaS market, owing to the introduction of a number of businesses that require solutions which are more economic, ensure flexibility, protect data from disaster and suit the need for their IT requirements based on cloud. Thus, the IT & telecom end-user vertical is anticipated to show healthy growth in the global IaaS market.
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Managed hosting, DRaaS, and STaaS solutions offer enterprises with economical computing and storage capabilities. IaaS market in North America is expected to continue steady growth during the forecast period owing to early acceptance and adoption of IaaS cloud based technology in small and medium businesses (SMBs). The growth in Europe market can largely be attributed to the demand from developed IT market, where enterprises are investing heavily on services and software. In Middle East and Africa (MEA), the market is expected to grow owing to the demand to strengthen the information and communications technology (ICT) capabilities from industry sectors such as construction, oil & gas, healthcare, telecommunications, and public institutions. Furthermore, in the South America (SAM) region, the increasing usage of online applications, social websites, and smart phones along with the growing private sector demand are seen as driving factors for the growth of IaaS market. Asia Pacific (APAC) IaaS market is anticipated to grow at a brisk rate, owing to the increasing number of SMEs. Globally, the key IaaS vendors and service providers include Mindtree Pvt. Ltd., Amazon Web Services, Inc., IBM Corporation, Cisco Systems, Inc., Savvis, Google Inc., VMware, Inc., Microsoft Corporation, Rackspace Inc., Fujitsu Ltd., Computer Sciences Corp, and Profitbricks Inc. among others.
Few Key Points from Table of Content
Global Infrastructure as a Service (IaaS) Market Revenue and Forecasts to 2025 – Deployment Model
Global Infrastructure as a Service (IaaS) Market Revenue and Forecasts to 2025 – ServicesCompute as a Service (CaaS) Storage as a Service (STaaS) Application Hosting as a Service Disaster Recovery as a Service (DRaaS) Desktop as a Service (DaaS) Data Center as a Service (DCaaS)
Global Infrastructure as a Service (IaaS) Market Revenue and Forecasts to 2025 – End-user Verticals
Global Infrastructure as a Service (IaaS) Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, M
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Dec 22, 2016