Infrastructure as a Service - Portugal

Revenue in the Infrastructure as a Service market is projected to reach US$514.20m 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 19.47%, resulting in a market volume of US$1.25bn 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).

For more information on the data displayed, use the info button right next to the boxes.

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 Infrastructure as a Service (IaaS) market in Portugal is experiencing significant growth, driven by factors such as the increasing adoption of cloud technologies, growing awareness of the benefits of public cloud services, and the convenience of online infrastructure solutions. This considerable growth rate is mainly impacted by the country's initiatives to digitize its public services and the rising demand for cost-effective and scalable IT infrastructure solutions.

Customer preferences: As the demand for cloud-based services continues to grow in Portugal, consumers are increasingly prioritizing flexible and scalable Infrastructure as a Service solutions. This trend is driven by the need for efficient and cost-effective IT management, and is further accelerated by the country's growing tech-savvy population and expanding digital economy. As a result, businesses are adopting cloud-based infrastructure to improve agility, streamline operations, and stay competitive in the market.

Trends in the market: In Portugal, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, with more businesses shifting towards remote work and digital transformation. This trend is expected to continue, with the market projected to grow at a significant rate in the coming years. This shift towards cloud-based infrastructure has significant implications for industry stakeholders, including increased efficiency, cost savings, and improved scalability. Additionally, the rise of hybrid cloud solutions and the integration of emerging technologies like artificial intelligence and the Internet of Things are expected to further fuel the growth of the Infrastructure as a Service Market in Portugal.

Local special circumstances: In Portugal, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the government's efforts to modernize its digital infrastructure. The country's strong focus on renewable energy sources has led to the development of eco-friendly data centers, making it an attractive location for businesses looking for sustainable solutions. Additionally, the country's strategic location and strong connectivity to other European markets provide a competitive advantage for companies looking to expand their cloud services. These factors contribute to the growth of the Infrastructure as a Service Market in Portugal.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Portugal is heavily impacted by macroeconomic factors such as technological advancements, government policies, and investments in digital infrastructure. The country's strong focus on modernizing its digital infrastructure, along with supportive government policies, has led to a significant increase in the demand for public cloud services. Additionally, the growing trend of digital transformation across industries, coupled with the country's stable economic health and favorable regulatory environment, is further driving the growth of the Infrastructure as a Service Market within the Public Cloud Market in Portugal. With the increasing adoption of cloud computing and the rise of digital initiatives, the market is expected to witness continued growth 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.

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.