Infrastructure as a Service - Austria

  • Austria
  • Revenue in the Infrastructure as a Service market is projected to reach US$0.72bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.16%, resulting in a market volume of US$1.73bn by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$149.10 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in Austria has seen remarkable growth within the Public Cloud market, driven by factors like the surge in digital transformation, growing awareness of cloud services, and the ease of use of online infrastructure solutions. This growth rate can be attributed to the increasing demand for scalable and cost-effective IT infrastructure solutions by businesses of all sizes.

Customer preferences:
As technology continues to advance, consumers in Austria are increasingly turning to Infrastructure as a Service solutions within the Public Cloud Market. This trend is driven by a growing demand for flexible and scalable IT infrastructure, as well as a desire for cost-efficiency and streamlined operations. Additionally, the rise of remote work and the need for secure and reliable cloud services have also contributed to the popularity of Infrastructure as a Service offerings.

Trends in the market:
In Austria, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for cloud-based infrastructure solutions. This trend is driven by the increasing adoption of digital transformation strategies by businesses and the growing need for scalable and cost-effective IT infrastructure. As a result, there is a rise in the number of cloud service providers offering Infrastructure as a Service solutions in the market. This trend is expected to continue as more organizations shift towards cloud-based infrastructure to support their operations. For industry stakeholders, this presents opportunities for growth and innovation, but also the need to constantly adapt and evolve to meet the changing demands of the market. Additionally, as the market becomes more competitive, there may be implications for pricing and service offerings as providers strive to differentiate themselves and attract customers.

Local special circumstances:
In Austria, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's strong focus on sustainability and data privacy regulations. The demand for green and eco-friendly data centers has led to the development of innovative solutions in the market. Additionally, Austria's strict data protection laws have resulted in a high level of trust in cloud services, driving the adoption of Infrastructure as a Service. This unique combination of factors sets the Austrian market apart from others in Europe, making it a promising market for Infrastructure as a Service within the Public Cloud Market.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Austria is heavily influenced by various macroeconomic factors. These include global economic trends, national economic health, fiscal policies, and other relevant financial indicators that impact market performance. For instance, countries with strong economic growth and stable fiscal policies are likely to see a higher adoption of public cloud services, including Infrastructure as a Service. On the other hand, regions facing economic challenges and regulatory hurdles may experience slower market growth. Furthermore, the increasing demand for digital transformation and the growing need for cost-efficient IT solutions are also contributing to the growth of the Infrastructure as a Service Market within the Public Cloud Market in Austria.

Methodology

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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