Infrastructure as a Service - Benelux

Revenue in the Infrastructure as a Service market is projected to reach US$1.72bn in 2024.
0.0 dominates the market with a projected market volume of 0.0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.97%, resulting in a market volume of US$4.09bn by 2029.
In global comparison, most revenue will be generated United States (US$77.05bn in 2024).

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).

For more information on the data displayed, use the info button right next to the boxes.

Server capabilities, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Computing resources, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Storage resources, such as Amazon Elastic Block Store (EBS), Azure Blob Storage, and Google Cloud
Network capabilities, such as Google Cloud Interconnect and Alibaba Cloud Express Connect

Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite
Desktop-as-a-Service (DaaS), such as Amazon WorkSpaces, Microsoft Windows Virtual Desktop, VMware Horizon Cloud, and Citrix Virtual Apps and Desktops
Platform-as-a-Service (PaaS), such as Heroku, AWS Elastic Beanstalk, Google App Engine, Microsoft Azure App Service, and IBM Cloud Foundry
Software-as-a-Service (SaaS), such as Google Workspace, Microsoft 365, Salesforce, Zoom, and Slack
System infrastructure software, such as Microsoft Windows Server, Linux distributions, VMware for virtualization, and Cisco’s networking software
Private cloud services, such as IBM Cloud Private, Microsoft Azure Stack HCI, and VMware vCloud Suite

The IaaS market in the Public Cloud Market in Benelux is seeing considerable growth, fueled by factors such as increasing demand for digital services, growing awareness of health issues, and the ease of online health solutions.

Customer preferences: As businesses in the Benelux region continue to embrace the public cloud for its cost-effectiveness and scalability, there is a growing demand for Infrastructure as a Service (IaaS) solutions. This trend is driven by the increasing reliance on online collaboration tools and remote work arrangements, with a focus on seamless connectivity and data security. Additionally, the rise of smart cities and digital transformation initiatives in the region has also led to a surge in demand for IaaS solutions to support these initiatives.

Trends in the market: In Benelux, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions. This trend is driven by the need for businesses to have a flexible and scalable IT infrastructure, while also ensuring data security and compliance. As a result, there is a growing adoption of hybrid cloud solutions that combine the benefits of public and private clouds. This trend is expected to continue, with more businesses leveraging hybrid cloud solutions to optimize their operations and support their digital transformation journey. Industry stakeholders should closely monitor this trend and adapt their offerings to meet the evolving needs of the market.

Local special circumstances: In the Benelux region, the Infrastructure as a Service (IaaS) market within the Public Cloud market is heavily influenced by the strong focus on sustainability and green initiatives. This is due to the region's commitment to reducing carbon emissions and promoting eco-friendly practices. Additionally, the cultural emphasis on data privacy and security has resulted in strict regulations and standards for cloud service providers. These unique factors have led to the development of innovative and secure IaaS solutions, tailored to the specific needs of the Benelux market.

Underlying macroeconomic factors: The growth of the Infrastructure as a Service Market within the Public Cloud Market is influenced by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Countries with favorable regulatory environments and strong investment in cloud technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing use of digital technologies and the shift towards remote work due to the COVID-19 pandemic have accelerated the adoption of cloud services in the Benelux region, driving the demand for Infrastructure as a Service solutions.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.