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Infrastructure as a Service Market Size 2021 by Share and Forecast 2028 | Mindtree Pvt. Ltd., Amazon Web Services, Inc., IBM Corporation, Cisco Systems, Inc., Savvis, Google Inc.

07-21-2021 04:20 AM CET | IT, New Media & Software

Press release from: Adroit Market Research

/ PR Agency: Adroit Market Research
Infrastructure as a Service Market Size 2021 by Share

The infrastructure as a service (IaaS) market was estimated to reach around USD 49.3 billion in 2020, and projected to grow at a CAGR of 26.7% over the forecast period.

Infrastructure as a Service (IaaS) hosts the services including security, data partitioning, backup etc on public cloud or private cloud instead to traditional on-premise data centers. The infrastructure services are delivered to the customers by the service providers where users can use any operating system or application on the cloud.

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Some other advantages like access to geographical locations of end user are provided by the IaaS. The Infrastructure as a Service market is witnessing considerable growth and presents lucrative opportunities to the market players. IT firms and many technology focused businesses to reduce their IT burden are adopting cloud data centers and hiring skilled professionals to manage the IT infrastructure driving the market.

The small, medium, and large businesses are adopting the IaaS as well as increasing digitalization across the world and leading economies is increasing the demand of IaaS. Most importantly, increasing government initiatives to encourage the adoption of advanced technologies and internet services is supporting the growth of the market. Infrastructure as a service market is anticipated to witness enormous growth in future in the regions including Latin America, APAC, Europe, North Americas, and MEA.

Infrastructure as a service market is growing rapidly due to the factors including the services offered such as scalability, flexibility, security, increasing competition, and surging demand for investing into IT infrastructure. This has reduced the operational costs, saved time taken to solve the complexities in on-premise data centers inclining businesses to adopt the IaaS thereby bolstering the market growth.

Additionally, the adoption of cloud infrastructures is increasing owing to certain limitations such as data security and expensive costs involved in the on-premise data centers. The major drivers of the market are the industries like healthcare, IT, BFSI, energy, e-commerce, and many such industries driving the growth of infrastructure as a service market tremendously.

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However, the rising security concerns, hacking campaigns run by hacking groups to siphon millions of dollars is preventing users from using the IaaS infrastructure. Also, other growth constraints for the infrastructure as a service market include the high investment costs, operational challenges, and lacked of professionals limiting the users from making the optimal use of the IaaS. The top companies providing customized, advanced, and innovative cloud infrastructure services are Fujitsu, VMware, CSC, Google, Rackspace, Microsoft, IBM, Cisco Systems, and AWS among others. The countries that are investing heavily on the IaaS are Australia, UK, Brazil, China, India, and others giving rise to infrastructure as a service market.

Some Major Points From TOC:

Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Infrastructure as a Service (IaaS) Market by Solutions
Chapter 6 Infrastructure as a Service (IaaS) Market by Organization Size
Chapter 7 Infrastructure as a Service (IaaS) Market by Deployment Type
Chapter 8 Infrastructure as a Service (IaaS) Market by Industry Verticals
Chapter 9 Infrastructure as a Service (IaaS) Market By Region
Chapter 10 Competitive Landscape
Chapter 11 Company Profiles
11.1 Mindtree Pvt. Ltd.
11.2 Amazon Web Services, Inc.
11.3 IBM Corporation
11.4 Cisco Systems, Inc.
11.5 Savvis
11.6 Google LLC
11.7 VMware, Inc.
11.8 Microsoft Corporation
11.9 Rackspace Inc.
11.10 Fujitsu Ltd.

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About Us:
Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Email ID: sales@adroitmarketresearch.com

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