Infrastructure as a Service - EMEA

Revenue in the Infrastructure as a Service market is projected to reach US$39.97bn 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 19.79%, resulting in a market volume of US$98.62bn 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 EMEA is witnessing substantial growth due to the increasing demand for digital services, growing awareness about health and the convenience of online health services. The market's considerable growth rate is driven by factors such as technological advancements and the need for efficient and cost-effective healthcare solutions.

Customer preferences: The Infrastructure as a Service Market within the Public Cloud Market is experiencing a growing demand for flexible and scalable cloud solutions as businesses seek to adapt to changing consumer preferences and market trends. This has led to an increase in the adoption of hybrid cloud models, where organizations can leverage both private and public cloud environments. Additionally, there is a growing emphasis on data security and compliance, prompting businesses to invest in advanced security measures and solutions to protect their sensitive information.

Trends in the market: In EMEA, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions, as organizations seek to balance the benefits of both public and private cloud. This trend is fueled by the increasing need for flexibility, scalability, and cost efficiency in IT infrastructure. Furthermore, there is a growing trend towards multi-cloud adoption, as enterprises look to diversify their cloud strategies and avoid vendor lock-in. This trajectory is significant as it enables businesses to optimize their IT resources and gain a competitive edge. However, it also poses challenges for industry stakeholders, such as the need for robust cloud management and security measures.

Local special circumstances: In the EMEA region, the Infrastructure as a Service Market within the Public Cloud Market is influenced by unique local factors such as strict data privacy regulations and a diverse landscape of languages and cultures. These factors play a significant role in shaping market dynamics, as companies must navigate varying compliance requirements and address the needs of different customer segments. Furthermore, the presence of major tech hubs in countries like Germany, France, and the UK also drives demand for cloud services, while smaller markets like Turkey and South Africa are experiencing rapid growth due to increasing adoption of digital transformation strategies.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in EMEA is greatly impacted by macroeconomic factors such as technological advancements, government initiatives, and investment in digital infrastructure. Countries with supportive regulatory environments and robust investment in cloud technologies are experiencing rapid market growth compared to regions with regulatory challenges and limited financial resources. Furthermore, the increasing adoption of cloud services by organizations of all sizes to streamline operations and reduce costs is fueling the demand for Infrastructure as a Service solutions in 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.