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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Jan 2025
Sources: Statista Market Insights, Financial Statements of Key Players
The Infrastructure as a Service market in the Public Cloud Market in GCC nan is experiencing average growth due to factors such as increasing demand for digital services, growing awareness about health, and ease of access to online health services.
Customer preferences: As the GCC region continues to prioritize digital transformation, there has been a significant shift towards Infrastructure as a Service (IaaS) within the Public Cloud Market. This can be attributed to the growing demand for cost-effective and scalable IT solutions, as well as the need for enhanced data security and disaster recovery capabilities. Furthermore, with the rise of remote work and virtual collaboration, there has been an increased demand for IaaS solutions that offer seamless integration and efficient remote access to data and applications.
Trends in the market: In the GCC region, there is a growing trend towards the adoption of Infrastructure as a Service (IaaS) within the Public Cloud Market. This is driven by the increasing need for scalable and cost-effective IT solutions, as well as the rise of digital transformation initiatives across industries. Additionally, there is a strong push towards cloud adoption from governments as part of their digitalization efforts. This trend is expected to continue on an upward trajectory, with significant implications for industry stakeholders such as cloud service providers, enterprises, and government bodies. It presents opportunities for providers to expand their offerings and for enterprises to leverage the benefits of IaaS for their operations. However, it also poses challenges in terms of data security, compliance, and vendor lock-in, which must be addressed to ensure sustainable growth in the market.
Local special circumstances: In the GCC region, the Infrastructure as a Service Market within the Public Cloud Market is influenced by several unique local factors. These include the region's high demand for digital transformation, as well as its growing startup ecosystem and government initiatives aimed at promoting digitalization. The region's strict data privacy laws and regulations also play a significant role in shaping the market, as companies must adhere to these laws when using cloud services. Additionally, the GCC's cultural and geographical diversity drives the demand for flexible and scalable cloud solutions that can cater to the region's diverse business needs.
Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in GCC is heavily impacted by macroeconomic factors such as government investments in digital transformation, technological advancements, and regulatory support for cloud adoption. Countries with strong economic growth and favorable business environments, such as the UAE and Saudi Arabia, are witnessing increased demand for cloud services. Furthermore, the adoption of fiscal policies that promote digitalization, such as tax incentives and subsidies, is driving the growth of the public cloud market in the region.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
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