Infrastructure as a Service - Laos

Revenue in the Infrastructure as a Service market is projected to reach US$9.32m 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 22.18%, resulting in a market volume of US$25.38m 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

In Laos, the Infrastructure as a Service market within the Public Cloud market is experiencing mild growth. This is due to factors such as the increasing adoption of digital technologies, rising awareness about the benefits of online health services, and the convenience they offer.

Customer preferences: The Infrastructure as a Service Market within the Public Cloud Market in Laos has seen a significant increase in demand for cloud-based solutions, as businesses and organizations prioritize cost-effective and efficient IT infrastructure. This trend is indicative of a growing tech-savvy population seeking innovative and scalable solutions to support their operations. Additionally, with the rise of remote work and the need for secure data storage and transfer, cloud-based infrastructure has become crucial in enabling seamless connectivity and collaboration among teams.

Trends in the market: In Laos, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the increasing adoption of cloud computing in various industries. This trend is driven by the need for cost-effective and scalable IT infrastructure solutions. Additionally, the government's initiatives to promote the digital economy and improve connectivity are further boosting the market growth. As a result, key industry stakeholders are investing in expanding their offerings and partnerships to cater to the growing demand. This trend is expected to continue in the coming years, making Laos a key player in the regional cloud computing market.

Local special circumstances: In Laos, the Infrastructure as a Service Market within the Public Cloud Market is still in its nascent stage due to limited internet connectivity and low technology adoption. The government is taking steps to improve digital infrastructure and promote e-governance, which is expected to boost the demand for cloud services. Additionally, the country's unique cultural and regulatory landscape, including a strong emphasis on privacy and security, will shape the development of the public cloud market.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Laos is influenced by macroeconomic factors such as government policies, infrastructure development, and economic stability. With the country's push towards digitalization and improving its technology infrastructure, the demand for public cloud services is expected to increase. Additionally, the growth of the global public cloud market and increasing foreign investments in the country's digital economy are also contributing to the growth of the Infrastructure as a Service Market in Laos. However, challenges such as limited internet connectivity, cybersecurity concerns, and a lack of skilled workforce may hinder market growth.

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.