Global Infrastructure as A Service (IaaS) Market Industry New Tech Developments and End Users to Grow by 2027

Market Scenario:

Market Research Future said despite difficulty suppressing the new coronavirus will result in substantial economic rise for the Global Infrastructure as a Service (Iaas) Market, including a possible double-dip in economic activity. As per the analysis done on COVID-19 impact analysis, the market has the potential to show enormous growth at a rate of ~23% CAGR. With this, the market shows the capability of reaching a towering valuation of USD ~ 59 Billion by 2023. The growth period has been approximate from the years 2017 to 2023.

COVID-19 Analysis:

The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Global Infrastructure as A Service (IaaS) Market ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Global Infrastructure as A Service (IaaS) Market   to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Global Infrastructure as A Service (IaaS) Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.

In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.

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Competitive Outlook:

The outstanding players in the global Infrastructure as a Service (IaaS) market include Google LLC (U.S.), Amazon Web Services Inc. (U.S.), International Business Machines Corporation (U.S.), Microsoft Corporation (U.S.), HCL Technologies Limited (India), Accenture (Republic of Ireland), Cisco Systems Inc (U.S.), VMware, Inc. (U.S.), Computer Sciences Corporation (U.S.), Oracle Corporation (U.S.), Rackspace Inc. (U.S.), and Fujitsu Ltd (Japan).

Segmentation:

The study of infrastructure as a service (IaaS) market includes segmentation, which is done over the segments of deployment type, solution, end-user, and verticals.

The solution segment is sub-segmented as storage as a service, managed hosting services, disaster recovery as a service, network management, high-performance computing as a service, and content delivery services. Among these, storage as a service is further sub-segmented into network-attached storage and storage area network-based storage.

The deployment type market has included public cloud, private cloud, and hybrid cloud.

The end-user segment includes SMEs and large enterprises.

The verticals segment has included BFSI, IT & telecom, retail, healthcare, e-commerce, government & defence and among others.

Regional Analysis:

The study of global infrastructure as a service (IaaS) market has covered across regions including Asia Pacific, Europe, North America, and Rest of the World.

North America IaaS market led the global demand owed to the incidence of extensive IT infrastructure, thus mounting the demand for IaaS. Innovations in software development and the introduction of several cloud-based solutions can be accredited to the market ascendancy in this region.

The Asia Pacific is proposed to witness a noteworthy growth rate over the anticipated period and is likely to lead the infrastructure as a service market over the assessment period.

Table of Contents:

1          Executive Summary

2          Scope of the Report

2.1       Market Definition

2.2       Scope of the Study

2.2.1    Research objectives

2.2.2    Assumptions & Limitations

2.3       Markets Structure

Continued….

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List of Tables

Table 1 Global Infrastructure As A Service Market: By Region, 2020-2027

Table 2 North America Infrastructure As A Service Market: By Country, 2020-2027

Table 3 Europe Infrastructure As A Service Market: By Country, 2020-2027

Continued…

List of Figures

FIGURE 1 Global Infrastructure As A Service Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Infrastructure As A Service Market

Continued…

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