The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rise in cloud adoption across several industry verticals such as banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and more at a rapid pace are expected to drive innovation in infrastructure as a service (IaaS) manufacturing, thus driving the market during the forecast period.

The global infrastructure as a service (IaaS) market is expected to grow from $81.16 billion in 2022 to $96.93 billion in 2023 at a compound annual growth rate (CAGR) of 19.4%. The global infrastructure as a service (iaas) market size is expected to grow to $189.52 billion in 2027 at a CAGR of 18.2%.

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Global Infrastructure As A Service (Iaas) Market Segments Include:

• By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud
• By Application: Managed Hosting, Storage As A Service, Disaster Recovery As A Service And Backup, Compute As A Service (CaaS), Network As A Service (NaaS), Content Delivery Services, High-Performance Computing As A Service (HPcaaS)
• By End User: Small And Medium Enterprises (SMEs), Large Enterprises
• By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Government And Education, Healthcare, IT And Telecom, Retail, Manufacturing, Media And Entertainment, Other Industry Verticals
• By Operation: Rechargeable, Non-Rechargeable
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global infrastructure as a service (IaaS) market in 2021.

Major Market Players in the infrastructure as a service (IaaS) market include Amazon Web Services Inc., Microsoft Corporation, International Business Machines Corporation (IBM), VMware Inc., Fujitsu Limited, Google Inc.

Distributed cloud, referred to the availability of public cloud services in different physical solutions while the provider remains responsible for the operation, governance, updates and evolution of the services, is expected to be one of the major opportunities for the development of the infrastructure as a service market. This distributed cloud model is advantageous to the organizations that have faced issues related to the physical locations in the past. This will allow infrastructure and operations organizations to place the public cloud services at the locations of their choice which will attract consumers who are willing to modernize using the public cloud. The rise of Edge cloud computing and multi-cloud computing will eventually result in the rise to the concept of distributed cloud. By 2020, organizations such as Amazon Web Services Outposts, Google Cloud Anthos, and Microsoft Azure Arc., have initiated the edge cloud computing. With the increase in different industry verticals towards cloud-based services, the trend of distributed cloud which overcomes the challenges of physical location constraints will prove to be one of the major opportunities for the market growth during the forecast period.

The Infrastructure As A Service (IaaS) Global Market Report 2023  provides a infrastructure as a service (IaaS) market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The infrastructure as a service (IaaS) market forecast analyzes infrastructure as a service (IaaS) market size, infrastructure as a service (IaaS) market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Infrastructure as a Service (IaaS) is a cloud-based computing service that provides enterprises with lease servers for remote computing and storage applications.

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