Key regions: United Kingdom, China, France, Netherlands, Germany
The Infrastructure as a Service market in New Zealand is experiencing significant growth and development. Customer preferences in the market are shifting towards cloud-based solutions due to the numerous benefits they offer. Businesses in New Zealand are increasingly looking for flexible and scalable infrastructure solutions that can support their growing needs. Additionally, the ability to access infrastructure resources on-demand and pay only for what is used is highly appealing to businesses looking to optimize their IT budgets. The convenience of cloud-based infrastructure also allows businesses to focus on their core competencies and leave the management and maintenance of infrastructure to service providers. Trends in the market indicate a growing adoption of Infrastructure as a Service solutions in New Zealand. Businesses are realizing the cost savings and operational efficiencies that can be achieved by migrating their infrastructure to the cloud. This trend is further fueled by the increasing availability and maturity of cloud service providers in the country. These providers offer a wide range of infrastructure options, from virtual servers to storage and networking, enabling businesses to tailor their infrastructure solutions to their specific needs. Local special circumstances also contribute to the development of the Infrastructure as a Service market in New Zealand. The country's geographical location and relatively small population make it an ideal location for data centers and cloud infrastructure. New Zealand's stable political and economic environment also provides a favorable business climate for cloud service providers. Additionally, the government's focus on digital transformation and the promotion of cloud adoption further supports the growth of the Infrastructure as a Service market in the country. Underlying macroeconomic factors play a role in the development of the Infrastructure as a Service market in New Zealand. The country's strong economy and high levels of internet penetration create a conducive environment for cloud adoption. Businesses are increasingly recognizing the need to modernize their IT infrastructure to remain competitive in the digital age, and Infrastructure as a Service solutions provide a cost-effective and efficient way to achieve this. Furthermore, the COVID-19 pandemic has accelerated the adoption of cloud-based solutions, as businesses seek to enable remote work and ensure business continuity. In conclusion, the Infrastructure as a Service market in New Zealand is experiencing growth and development due to customer preferences for cloud-based solutions, the adoption of Infrastructure as a Service by businesses, local special circumstances, and underlying macroeconomic factors. As businesses in New Zealand continue to recognize the benefits of cloud infrastructure, the market is expected to further expand in the coming years.
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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