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Infrastructure as a Service (IaaS) Market (Deployment Mode - Public Cloud, Private Cloud, and Hybrid Cloud; Service - Managed Hosting, DRaaS, CaaS, DBaaS, and SaaS; End-user Industry - BFSI, IT & Telecom, Healthcare, Media & Entertainment, and Retail): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : June, 2020

  • Rep Id : ICT1424

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on infrastructure as a service (IaaS) market provides an in-depth analysis of segments and sub-segments in the global as well as regional infrastructure as a service (IaaS) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional infrastructure as a service (IaaS) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of global infrastructure as a service (IaaS) market. According to the report, the global infrastructure as a service (IaaS) market is projected to grow at a CAGR of 22.9% over the forecast period of 2020-2026.

 

Market Insight

Infrastructure as a service is a form of cloud management that delivers resources over the internet for computing. The service provides information such as log access, security, load balancing, and clustering, billing, monitoring as well as backup, replication, and recovery. Infrastructure as a service (IaaS) is significantly more cost-efficient in comparison to buying, managing, and supporting infrastructure and therefore organizations are inclined to choose this service. The uniqueness of service-provision within the domain of infrastructure as a service (IaaS) has played a significant role in market growth. The introduction of infrastructure as a service (IaaS) revolutionized the growth of numerous companies that lacked hardware and software capabilities.

 

The disaster recovery implementation, the total implementation of bringing your own device service (BYOD), and the improved implementation and accessibility of the system are the factors that drive the growth of the infrastructure as a service (IaaS) market. Furthermore, the increased cloud adoption across industries is one of the major factors driving the infrastructure as a service market growth over the projection period. On the other hand, the high cost of technology and the concerns for cloud security are the aspects that restrain the infrastructure as a service market from growth. In addition, the growing demand for the cloud-based infrastructure across enterprises is likely to offer lucrative opportunities for the market to grow over the forecast period. Moreover, the current concern over the spread of coronavirus is also anticipated to have a positive impact on the infrastructure as a service (IaaS) market. The data center and communications infrastructure industry is projected to be more floating with continued strategic investments made to support the augmented network traffic and data usage for remote working during the lockdown phase compare to its associated industries such as consumer electronics and semiconductors. From governments using business analytics services (Power BI) for communicating virus updates to the school cessations demanding students to the usage of virtual offerings (Google Classroom) the demand for communication services and associated infrastructure has observed an extraordinary upsurge amidst the global epidemic.

 

Among the geographies, North America region is expected to hold the largest share in the global Infrastructure as a Service (IaaS) market as countries such as the U.S. and Canada are the front-runners of the adoption of novel technology. Furthermore, factors such as the presence of large IT infrastructure thereby increasing the demand for IaaS has accelerated the growth of the Infrastructure as a Service (IaaS) market in the North American region. Moreover, innovations in software development and the launch of numerous cloud-based solutions can be attributed to market dominance in the North America region. However, the Asia Pacific region is expected to witness high growth during the forecast period owing to the increasing security and compliance requirements among industries in the region.

 

Segment Covered

The report on global infrastructure as a service (IaaS) market covers segments such as deployment mode, service, and end-user industry. On the basis of deployment mode, the sub-markets include public cloud, private cloud, and hybrid cloud. On the basis of service, the sub-markets include managed hosting, DRaaS, CaaS, DBaaS, and SaaS. On the basis of end-user industry, the sub-markets include BFSI, IT & telecom, healthcare, media & entertainment, and retail.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Amazon Web Services (AWS), Microsoft Corporation, International Business Machines (IBM) Corporation, CA Technologies, Rackspace Hosting, Inc., Computer Sciences Corporation (CSC), Vmware, Profitbricks, Cisco Systems, Inc., and Fujitsu Ltd.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of infrastructure as a service (IaaS) market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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