Infrastructure as a Service - Chile

  • Chile
  • Revenue in the Infrastructure as a Service market is projected to reach US$258.60m in 2024.
  • 0 dominates the market with a projected market volume of 0 in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.27%, resulting in a market volume of US$650.80m by 2029.
  • In global comparison, most revenue will be generated in the United States (US$77,050.00m in 2024).

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

 
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Analyst Opinion

The Public Cloud market in Chile is experiencing steady growth, driven by factors such as the country's increasing adoption of digital technologies and rising demand for online services. This has contributed to the average growth rate of the Infrastructure as a Service market, which is being impacted by the convenience and efficiency offered by cloud services.

Customer preferences:
With the increasing availability and adoption of cloud computing in Chile, there has been a significant shift towards Infrastructure as a Service (IaaS) within the Public Cloud Market. This is driven by the need for agility and scalability in businesses, as well as cost savings and improved efficiency. Additionally, the growing trend of remote work and virtual collaboration has further accelerated the demand for IaaS solutions, allowing companies to easily access and manage their infrastructure from anywhere. This trend is expected to continue as businesses prioritize digital transformation and adapt to the changing work landscape.

Trends in the market:
In Chile, the Infrastructure as a Service (IaaS) market is experiencing a rapid growth, fueled by the country's improving digital infrastructure and the government's focus on promoting cloud adoption. As a result, there is a growing trend of businesses in Chile migrating their IT infrastructure to the public cloud, leading to increased demand for IaaS solutions. This trend is significant as it allows companies to reduce their IT costs, increase scalability, and improve their overall efficiency. It also presents opportunities for industry stakeholders, such as cloud service providers and data center operators, to expand their offerings and capture a larger market share in Chile's public cloud market. However, this trend also poses challenges for traditional IT infrastructure providers, who may struggle to compete with the cost-effectiveness and flexibility of IaaS solutions. As the trend towards cloud adoption continues to accelerate in Chile, stakeholders will need to adapt and innovate to stay competitive in the evolving market.

Local special circumstances:
In Chile, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's unique geographical and regulatory circumstances. With its long coastline and mountainous terrain, Chile faces challenges in building and maintaining traditional infrastructure, making the adoption of cloud-based services more attractive. Additionally, Chile has established a favorable regulatory environment for the adoption of cloud services, with policies in place to promote data privacy and security. These factors contribute to the growth of the public cloud market in Chile, specifically in the Infrastructure as a Service segment.

Underlying macroeconomic factors:
The growth of the Infrastructure as a Service Market within the Public Cloud Market in Chile is influenced by various macroeconomic factors. These include the country's economic stability, government policies promoting digital transformation, and investments in ICT infrastructure. Chile's strong economic growth and stable political environment have created a favorable market for cloud services. Furthermore, the increasing adoption of digital technologies by businesses and government agencies is driving the demand for Infrastructure as a Service solutions. The country's focus on improving connectivity and expanding its ICT infrastructure is also creating opportunities for market growth.

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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