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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Sources: Statista Market Insights, Financial Statements of Key Players
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.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights