Infrastructure as a Service (IaaS) Global Market Report 2022 – ResearchAndMarkets.com | Company

DUBLIN–(BUSINESS WIRE)–June 20, 2022–

The “Infrastructure as a Service (IaaS) Global Market Report 2022, by Deployment Type, Application, End User, Industry Vertical, Operation” report has been added to ResearchAndMarkets.com‘s offer.

The global Infrastructure as a Service (iaas) market is expected to grow from $65.87 billion in 2021 to $82.93 billion in 2022 at a compound annual growth rate (CAGR) of 25.9%. The high growth is mainly due to the growth in online services as a result of COVID-19, which increased the demand for IaaS. The market is expected to reach $195.81 billion by 2026 at a CAGR of 24%.

The Infrastructure as a Service (IaaS) market consists of the sale of computing infrastructure by entities (organizations, sole proprietors and partnerships) that offer IaaS on-demand via an internet platform. IaaS refers to providing access to computing infrastructure through network servers.

The market consists of revenue generated by the branches that provide IaaS host hardware, software, servers, storage, and other infrastructure components for their users. These components include network functions, computer hardware, data storage space, system maintenance, backup, and resiliency planning. Only goods and services traded between entities or sold to end users are included.

The main types of Infrastructure as a Service (IaaS) are public cloud, private cloud, and hybrid cloud. The service provider’s public cloud provides solutions over the public internet and shared by organizations while customers use or purchase them on a subscription or pay-per-usage basis.

The different sectors for IaaS are banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment and others, and activities are rechargeable and non-rechargeable.

The IaaS are applied in 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). ). It is mainly used by small and medium-sized enterprises (SMEs) and large enterprises.

North America was the largest region in the Infrastructure as a Service (IaaS) market in 2021. Western Europe was the second largest region in the Infrastructure as a Service (IaaS) market. The regions covered by the Infrastructure as a Service (IaaS) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The rise of cloud adoption across industries such as banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and more is expected to drive the market at a rapid pace infrastructure growth as a services market during the forecast period.

Several industries are adopting IaaS due to benefits such as low cost and improved reliability and scalability. The banking industry is one where Iaas is being adopted faster due to the substantial benefits of cloud computing, including data analytics, AI-driven analytics with machine and deep learning algorithms, agility and scale.

Concerns about privacy and data protection are expected to hinder the growth of infrastructure as a services market during the forecast period. Typical IaaS security threats include data breaches, compromised accounts and authentication bypass, interface and API hacking, cyber-attacks, permanent data loss, lack of awareness of cloud capabilities, application vulnerability, and cloud service abuse.

According to the 2020 Global Networking Trends report published by Cisco, more than 50% of business data will be created and processed outside the data center or cloud by 2022, up from less than 10% in 2019. With the increasing diffusion of data, I&O organizations face challenges in providing data protection and management. For example, concerns about privacy and data protection, which pose a challenge for service providers, are expected to hinder market growth.

Distributed cloud, referred to as the availability of public cloud services in various 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 infrastructure development as a services market.

This distributed cloud model is beneficial for the organizations that have experienced problems related to the physical locations in the past. This will allow infrastructure and operations organizations to place the public cloud services in the locations of their choice, which will attract consumers willing to modernize using the public cloud.

The rise of edge cloud computing and multi-cloud computing will eventually lead to the rise of the concept of distributed cloud. By 2020, organizations such as Amazon Web Services Outposts, Google Cloud Anthos, and Microsoft Azure Arc. initiated the edge cloud computing.

With the proliferation of various industries towards cloud-based services, the trend of distributed cloud overcoming the challenges of physical location constraints will prove to be one of the key market growth opportunities during the forecast period.

Major players in the Infrastructure as a Service (IaaS) market are:

  • Amazon Web Services Inc.
  • Microsoft Corporation
  • International Business Machines Corporation (IBM)
  • VMware Inc.
  • Fujitsu Limited
  • Google Inc.
  • Cisco System Inc.
  • Oracle Corporation
  • Alibaba Group Holding Limited
  • Red Hat Inc.
  • ProfitBrick
  • Redcentric plc.
  • Savvis
  • Tencent
  • Dell
  • EMC Corporation
  • Hewlett Packard Enterprise

Main topics covered:

1. Summary

2. Infrastructure as a service (IaaS) Market characteristics

3. Infrastructure as a Service (IaaS) Market Trends and Strategies

4. Impact of COVID-19 on Infrastructure as a Service (IaaS)

5. Infrastructure as a Service (IaaS) Market Size and Growth

5.1. Global Infrastructure as a Service (IaaS) Historical Market, 2016-2021, $billion

5.1.1. Market drivers

5.1.2. Restrictions on the market

5.2. Global Infrastructure as a Service (IaaS) Forecast Market, 2021-2026F, 2031F, $Billion

5.2.1. Market drivers

5.2.2. Restrictions on the market

6. Infrastructure as a Service (IaaS) Market Segmentation

6.1. Global Infrastructure as a Service (IaaS) Market Segmentation by Deployment Type, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • public cloud
  • Private Cloud
  • Hybrid cloud

6.2. Global Infrastructure as a Service (IaaS) Market Segmentation by Application, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • 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)

6.3. Global Infrastructure as a Service (IaaS) Market Segmentation by End User, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Small and Medium Enterprises (SME)
  • Large companies

6.4. Global Infrastructure as a Service (IaaS) Market Segmentation by Industry Vertical, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Banking, Financial Services and Insurance (BFSI)
  • Government and education
  • healthcare
  • it and telecom
  • Retail
  • production
  • Media and entertainment
  • others

6.5. Global Infrastructure as a Service (IaaS) Market Segmentation by Operation, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Rechargeable
  • Not rechargeable

7. Infrastructure as a Service (IaaS) Market Analysis by Regions and Country

7.1. Global Infrastructure as a Service (IaaS) Market Split by Regions, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

7.2. Global Infrastructure as a Service (IaaS) Market Breakdown by Country, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

For more information about this report, visit https://www.researchandmarkets.com/r/tvcrvw

View the source version on businesswire.comhttps://www.businesswire.com/news/home/20220620005378/en/

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SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 20/06/2022 9:53 AM/DISC: 20/06/2022 9:53 AM

http://www.businesswire.com/news/home/20220620005378/en

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