Infrastructure As A Service (IaaS) Market Is Likely To Witness Growth Exponentially By 2031

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The global infrastructure as a service (IaaS) market report by the business research company identifies the rise in cloud adoption across several industry verticals such as banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and more at a rapid pace is expected to propel the market growth of infrastructure as a service market during the forecast period. Several industries are adopting IaaS owing to benefits such as low cost and improved reliability and scalability. The banking sector is one such where a higher rate of Iaas adoption is witnessed due to the substantial benefits of cloud computing, including data analytics, AI-driven analytics with the machine and deep learning algorithms, agility, and scale. Cloud computing allows banking organizations to make changes and add new functionality quickly.

The global infrastructure as a service (IaaS) market grew from $65.87 billion in 2021 to $83.63 billion in 2022 at a compound annual growth rate (CAGR) of 27.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The infrastructure as a service (IaaS) market is expected to grow to $187.06 billion in 2026 at a CAGR of 22.3%.

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North America was the largest region in the infrastructure as a service (IaaS) market in 2021. Western Europe was the second largest region in the infrastructure as a service (IaaS) market. The regions covered in the infrastructure as a service (IaaS) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the infrastructure as a service (IaaS) market are Amazon Web Services Inc., Microsoft Corporation, International Business Machines Corporation (IBM), VMware Inc., Fujitsu Limited, Google Inc., Cisco System Inc., Oracle Corporation, Alibaba Group Holding Limited, Red Hat Inc., ProfitBrick, Redcentricplc., Savvis, Tencent, Dell, EMC Corporation and Hewlett Packard Enterprise.

The global infrastructure as a service (IaaS) market is segmented -
1) By Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud
2) By Application: Managed Hosting, Storage As A Service, Disaster Recovery As A Service And Backup, Compute As A Service (CaaS), Network As A Service (NaaS), Content Delivery Services, High-Performance Computing As A Service (HPcaaS)
3) By End User: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Government And Education, Healthcare, IT And Telecom, Retail, Manufacturing, Media And Entertainment, Others
5) By Operation: Rechargeable, Non-Rechargeable

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The Infrastructure As A Service (IaaS) Market Report Contents Include
1. Executive Summary
2. Infrastructure as a service (IaaS) Market Characteristics
3. Infrastructure as a service (IaaS) Market Trends And Strategies
4. Infrastructure as a service (IaaS) Market - Macro Economic Scenario
5. Infrastructure as a service (IaaS) Market Size And Growth
....
26. Africa Infrastructure as a service (IaaS) Market
27. Infrastructure as a service (IaaS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Infrastructure as a service (IaaS) Market
29. Infrastructure as a service (IaaS) Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the infrastructure as a service (IaaS) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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