Infrastructure as a Service - United States

  • United States
  • Revenue in the Infrastructure as a Service market is projected to reach US$77.05bn in 2024.
  • 0 dominates the market with a projected market volume of 0 in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.50%, resulting in a market volume of US$187.80bn by 2029.
  • In global comparison, most revenue will be generated in the United States (US$77,050.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in the United States is experiencing steady growth in the Public Cloud market, driven by factors such as increasing demand for digital solutions, rising awareness of cloud technology, and the convenience of online services. The market's average growth rate is impacted by factors such as competition among service providers and advancements in cloud technology.

Customer preferences:
As more businesses and organizations move towards cloud-based solutions, there has been a noticeable increase in demand for Infrastructure as a Service (IaaS) within the Public Cloud Market. This shift is driven by the need for flexibility, scalability, and cost-effectiveness in managing IT infrastructure. In addition, the rise of remote work and virtual teams has further accelerated the adoption of IaaS, as it allows for easy access to resources and collaboration from anywhere in the world.

Trends in the market:
In the United States, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions, as businesses seek to combine the scalability and cost-efficiency of public cloud with the security and control of private cloud. Additionally, there is a growing trend towards multi-cloud strategies, with companies leveraging multiple cloud providers to optimize performance and minimize risk. These trends highlight the increasing importance of flexibility and agility in cloud infrastructure, and pose significant implications for industry stakeholders in terms of competition and innovation.

Local special circumstances:
In the United States, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's advanced technological infrastructure and high demand for digital transformation in various industries. The market is also driven by the government's push for cloud adoption, as well as strict data privacy regulations. Additionally, the market is impacted by the country's strong entrepreneurial culture and high demand for innovative solutions, leading to a competitive and rapidly evolving market landscape.

Underlying macroeconomic factors:
The growth of the Infrastructure as a Service Market within the Public Cloud Market in the United States is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. The US government's support for cloud computing and initiatives to modernize its IT infrastructure have created a favorable environment for the market's growth. Additionally, the country's stable economic health and high level of digitalization have also contributed to the increasing demand for public cloud services, including Infrastructure as a Service. Furthermore, the growing adoption of remote work due to the COVID-19 pandemic has further accelerated the demand for flexible and scalable cloud solutions in the US market.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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