Infrastructure as a Service - Myanmar

Revenue in the Infrastructure as a Service market is projected to reach US$69.49m 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 21.05%, resulting in a market volume of US$180.60m 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 Public Cloud Market in Myanmar is experiencing considerable growth, driven by increasing adoption of digital technologies and rising awareness of the benefits of Infrastructure as a Service. This growth is also impacted by the convenience and cost-effectiveness of online health services.

Customer preferences: The Infrastructure as a Service Market within the Public Cloud Market in Myanmar has seen a rise in demand for cloud-based solutions for data storage and management. This has been driven by the increasing adoption of digitalization and the need for secure and scalable infrastructure. With a growing tech-savvy population and an expanding digital economy, businesses and organizations are looking towards cloud services for cost-effective and efficient solutions. This trend is expected to continue as the country's digital landscape evolves.

Trends in the market: In Myanmar, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the government's push towards digital transformation and the increasing adoption of cloud services by businesses. This trend is expected to continue as more organizations recognize the cost-effectiveness and scalability of cloud infrastructure. This shift towards a digital economy also presents opportunities for local cloud service providers to enter the market and compete with international players. However, challenges such as limited internet connectivity and data security concerns must be addressed to fully realize the potential of this market.

Local special circumstances: In Myanmar, the Infrastructure as a Service Market within the Public Cloud Market is still in its early stages of development due to limited internet penetration and a lack of digital infrastructure. However, the market is expected to grow with the government's efforts to improve digital connectivity and encourage technology adoption. Additionally, the country's unique regulatory environment and cultural preferences may impact the types of services and solutions offered by cloud providers, making it important for companies to adapt to the local market.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Myanmar is heavily influenced by macroeconomic factors such as government investments in digital infrastructure, regulatory policies, and overall economic growth. Myanmar has been experiencing rapid economic growth in recent years, and the government has been actively promoting the development of digital infrastructure to support this growth. Furthermore, the country has implemented regulatory policies that encourage the adoption of public cloud services, leading to increased demand for Infrastructure as a Service. Additionally, the growing tech-savvy population and increasing adoption of digital technologies in various industries are driving the demand for public cloud services, further fueling the growth of the Infrastructure as a Service Market in Myanmar.

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.