Definition:
Infrastructure as a Service (IaaS) refers to the type of public cloud service that provides virtualized computing resources. IaaS offers on-demand access to virtual machines, storage, and networking components, thus allowing users to build, deploy, and manage IT infrastructure without the need to invest in physical hardware. IaaS offers scalability, flexibility, and cost-efficiency by requiring users to pay only for the resources they consume. The IaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Amazon Web Services (AWS). AWS provides a wide range of virtual machines, storage, and networking resources that users can access on demand to build and manage their IT infrastructures.
Additional Information:
The Infrastructure as a Service (IaaS) market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players of the IaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Sources: Statista Market Insights, Financial Statements of Key Players
The Public Cloud Market in Australia is witnessing mild growth due to factors like increasing demand for Infrastructure as a Service, rising awareness about cloud technology, and the ease of access to online services.
Customer preferences: As businesses in Australia increasingly adopt public cloud infrastructure, there is a growing demand for Infrastructure as a Service solutions that provide flexibility, scalability, and cost-effectiveness. This trend is driven by the need for businesses to quickly respond to changing market conditions and customer demands, as well as to optimize their IT spending. Additionally, the rise of remote work and virtual collaboration has accelerated the adoption of Infrastructure as a Service, enabling businesses to operate efficiently and securely from anywhere.
Trends in the market: In Australia, the Infrastructure as a Service market within the Public Cloud Market is experiencing a surge in demand as more businesses shift towards cloud-based solutions. This trend is expected to continue as companies increasingly prioritize digital transformation and remote work. Furthermore, there is a growing emphasis on data security and compliance, driving the adoption of cloud-based infrastructure. This has significant implications for industry stakeholders, as it presents opportunities for cloud service providers and potential challenges for traditional on-premise infrastructure providers. As the market continues to evolve, we can expect to see increased competition and innovation in the public cloud space in Australia.
Local special circumstances: In Australia, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's remote geography and vast size. This has led to a high demand for cloud-based solutions that can easily connect and serve businesses and individuals across the country. Additionally, the country's strict data privacy laws and regulations have created a unique market for cloud providers, as companies must comply with these regulations when storing and managing sensitive data. These factors have played a significant role in shaping the dynamics of the Infrastructure as a Service Market, making Australia a highly attractive market for cloud service providers.
Underlying macroeconomic factors: The growth of the Infrastructure as a Service Market within the Public Cloud Market in Australia is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. With a strong economy and government support for digital transformation, Australia is experiencing rapid growth in the public cloud market. Additionally, the increasing demand for cost-effective and scalable solutions in various industries, such as healthcare and finance, is driving the adoption of Infrastructure as a Service in Australia. This trend is expected to continue as the country continues to invest in digital infrastructure and promote a favorable business environment for cloud services.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights