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Cloud Infrastructure Service Market 2019 By Type and Application, Forecast to 2026 | By Top Key Players: IBM Corporation (U.S.), Amazon Web Services, Inc. (U.S.) etc.

10-20-2021 10:24 AM CET | IT, New Media & Software

Press release from: StraitsResearch

Cloud Infrastructure Service Market

Cloud Infrastructure Service Market

Cloud Infrastructure Service Market:

The global cloud infrastructure service market was valued at USD 23.21 billion in 2017 and anticipate to grow at CAGR 16.1% during the forecast period 2019—2026. The cloud infrastructure service market is expected to witness dynamic growth during the forecast period 2019–2026. This is attributed due to increased ICT spending and trend of analytics and big data. Additionally, growing demand from organizations for agile, cost-effective and scalable computing drives the market growth.

Cloud infrastructure service refers to a virtual infrastructure accessed or delivered through the network or the internet. This usually refers to on-demand services or products that are being delivered through the model known as infrastructure as a service (IaaS). Increasing government initiatives to adopt technologies for digital transformation such as cloud and analytics are expected to propel the cloud infrastructure service market.

Cost-effective services offered by cloud are one of the major factors that is likely to drive the market growth during the forecast period 2019–2026. Moreover, accessing data in the network through a common storage space is also likely to drive the cloud infrastructure service market growth due to ease of access, availability of data at any point of time, and portability among others. Companies approach towards automation for achieving specific business goals is further expected to drive the cloud infrastructure market.

Embracing cloud services is expected to continue owing to rise in demand to the improved usage of cloud-based services such as increased efficiency, mobility, streamlined connectivity, cost-effectiveness, and speed of connectivity. With cloud computing on increasing demand it is thereby predicted to raise the demand for cloud services and solutions influencing the market grow in the segment.  Additionally, software as a service which is licensed on subscription basis and centrally hosted is expected to witness prominent growth in cloud infrastructure service market. Furthermore, the growing demand for Google apps, Salesforce, and Citrix GoToMeeting is likely to represent largest share in cloud market. According to KPMG, embracing platform as a service (PaaS) is expected to witness significant growth in cloud platforms—rising from 32% in 2017 to 56% adoption in 2020. These solutions offer platforms which will allow its customers to develop, launch and manage applications which are easier to maintain and build infrastructure.

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The Major Prominent Players Covered in this Report:
IBM Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle (U.S.), Google (U.S.), Fujitsu (Japan), Alibaba (China), DigitalOcean (U.S.), VMware (U.S.), Rackspace (U.S.), Verizon (U.S.), CenturyLink (US), Bluelock (US), OVH (France), Dimension Data (South Africa), Interoute (U.K). & More.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

By Type, Compute as a service, Storage as a service, Disaster recovery and backup as a service, Others
By Deployment Model, Public, Private, Hybrid
By Enterprise Size, Small and medium enterprise (SMEs), Large enterprise

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

View this report with a detailed description and TOC @ https://straitsresearch.com/report/cloud-infrastructure-service-market/toc

Key Cloud Infrastructure Service Market Trends:
- The report identifies, determines, and forecasts the Global Cloud Infrastructure Service Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Cloud Infrastructure Service Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Cloud Infrastructure Service Market.

Key Questions Answered in The Report:
What will the Cloud Infrastructure Service market growth rate?
What are the key factors driving the global Cloud Infrastructure Service market?
Who are the key manufacturers in the Cloud Infrastructure Service market space?
What are the market opportunities, market risk, and market overview of the Cloud Infrastructure Service market?
What are sales, revenue, and price analysis of top manufacturers of the Cloud Infrastructure Service market?
Who are the distributors, traders, and dealers of the Cloud Infrastructure Service market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Cloud Infrastructure Service Industry?
What are sales, revenue, and price analysis by regions of Cloud Infrastructure Service industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Browse Full Report @ 
https://straitsresearch.com/report/cloud-infrastructure-service-market/global

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Website: https://straitsresearch.com/

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