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Infrastructure as a Service - Kyrgyzstan

Kyrgyzstan
  • Revenue in the Infrastructure as a Service market is projected to reach US$8.98m 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 22.05%, resulting in a market volume of US$24.31m 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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In-Scope

  • 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

Out-Of-Scope

  • 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
Infrastructure as a Service: market data & analysis  - Cover

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Infrastructure as a Service: market data & analysis

Study Details

    Revenue

    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

    Analyst Opinion

    The Infrastructure as a Service market in the public cloud market of Kyrgyzstan is experiencing considerable growth, driven by factors such as increasing demand for digital services, growing awareness of the benefits of cloud technology, and the convenience of online infrastructure solutions. This growth rate is impacted by the country's efforts to modernize its IT infrastructure and promote digitalization in various industries.

    Customer preferences:
    As the public cloud market continues to grow in Kyrgyzstan, there is a noticeable increase in demand for Infrastructure as a Service (IaaS) solutions. This can be attributed to the country's rapidly developing digital infrastructure and the rising popularity of remote work arrangements. Additionally, with the increasing emphasis on data privacy and security, businesses are turning to IaaS to ensure secure storage and management of their sensitive information. This trend is likely to continue as more companies adopt cloud-based services to streamline their operations and boost efficiency.

    Trends in the market:
    In Kyrgyzstan, the Infrastructure as a Service market within the Public Cloud market is experiencing a trend towards increased adoption of cloud-based solutions by government agencies. This is driven by the need for cost-effective and efficient IT infrastructure, as well as the growing demand for digital transformation in the public sector. As a result, cloud service providers are expanding their offerings to cater to the specific needs of government clients. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need for specialized solutions to meet government requirements.

    Local special circumstances:
    In Kyrgyzstan, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's geographical location, which is a landlocked and mountainous region. This poses challenges for the development of physical infrastructure, making cloud computing a more viable option for businesses. Additionally, the country's cultural background, heavily influenced by nomadic traditions, may impact the adoption of cloud services. Furthermore, regulatory circumstances, such as data privacy laws, may also play a role in shaping the market dynamics.

    Underlying macroeconomic factors:
    The Infrastructure as a Service Market within the Public Cloud Market in Kyrgyzstan is heavily impacted by macroeconomic factors such as the country's economic stability, government policies, and investment in digital infrastructure. With the increasing adoption of cloud-based solutions globally, Kyrgyzstan's favorable investment climate and government support for technology adoption have led to significant growth in the Public Cloud market. Additionally, the country's focus on developing its digital infrastructure has created opportunities for cloud service providers to expand their offerings in the market. However, challenges such as limited access to resources and skilled labor may hinder the growth of the Infrastructure as a Service Market in Kyrgyzstan.

    Global Comparison

    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

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Software as a Service - statistics & facts

    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.
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