Infrastructure as a Service - CIS

Revenue in the Infrastructure as a Service market is projected to reach US$1.61bn 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 18.99%, resulting in a market volume of US$3.84bn 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).

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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 Infrastructure as a Service market in the Public Cloud market of CIS nan has been growing steadily due to the region's increasing adoption of digital technologies and rising awareness of the importance of efficient infrastructure. This market is expected to continue its average growth rate due to the convenience and cost-effectiveness offered by these services. Factors such as government initiatives and partnerships with local businesses are also contributing to the growth of this market.

Customer preferences: As businesses continue to adopt public cloud solutions for their infrastructure needs, there has been a significant rise in demand for managed services and hybrid cloud options. This trend is driven by a growing awareness of the benefits of hybrid infrastructure, such as cost-effectiveness and flexibility, as well as the need for specialized support and expertise in managing complex cloud environments. Additionally, the increasing focus on data privacy and security has led to a demand for more robust and customizable infrastructure options, further driving the growth of managed services in the Infrastructure as a Service Market within the Public Cloud Market.

Trends in the market: In the Infrastructure as a Service Market within the Public Cloud Market, there is a growing trend of companies adopting hybrid cloud solutions to better manage workloads and data across multiple environments. This trend is driven by the need for increased flexibility and agility, as well as cost savings. Additionally, there is a rise in the use of containers and serverless computing, enabling developers to build and deploy applications faster and more efficiently. These trends are significant as they address key challenges in the industry and have the potential to drive further growth and innovation for industry stakeholders. As more organizations embrace these solutions, it will be important for providers to continue evolving and offering robust and secure offerings to meet the demands of their clients.

Local special circumstances: In China, the Infrastructure as a Service Market within the Public Cloud Market is experiencing rapid growth due to the country's large population and its focus on technological innovation. The government's "Made in China 2025" initiative is driving the adoption of cloud computing and encouraging the development of data centers. Additionally, the country's strict data localization laws are creating demand for local cloud providers, leading to a highly competitive market.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market is heavily impacted by macroeconomic factors such as global economic conditions, national economic stability, fiscal policies, and other financial indicators. Countries with strong economic growth and stable fiscal policies tend to experience higher demand for public cloud services, as companies are more willing to invest in digital infrastructure. Additionally, nations with supportive regulatory environments for cloud computing and significant investments in public cloud infrastructure are witnessing faster market growth compared to those with restrictive regulations and limited infrastructure spending. Furthermore, the increasing adoption of cloud services by businesses of all sizes and industries, as well as the rise of remote work and digital transformation initiatives, are also driving the demand for Infrastructure as a Service within the Public Cloud Market.

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.