Press release
Infrastructure as a service Market is Going to Boom : Amazon Web Services, Microsoft Azure, Google Cloud Platform
Infrastructure as a service
Some of the major key players profiled in the study are Amazon Web Services (AWS) (United States), Microsoft Azure (Redmond), Google Cloud Platform (United States), Alibaba Cloud (China), IBM Cloud (United States), Oracle Cloud Infrastructure (United States), Salesforce (United States), DigitalOcean (United States), Rackspace (United States), VMware (United States).
The global Infrastructure as a service market size is expanding at robust growth of 29.0%, sizing up market trajectory from USD 51.3 Billion in 2023 to USD 481.8 Billion by 2029.
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Definition:
Infrastructure as a Service (IaaS) is a cloud computing model that provides virtualized computing resources over the internet. It is a form of cloud computing that enables users to rent and access computing resources such as servers, storage, and networking components on a pay-per-use basis.
On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sectioned by Applications [IT & Telecom, Banking, Financial Services, and Insurance (BFSI), Healthcare, Retail and E-commerce, Government & Defense, Energy & Utilities, Manufacturing, Others], Product Types [Disaster Recovery as a Service (DRaaS), Compute as a Service (CaaS), Data Center as a Service (DCaaS), Desktop as a Service (DaaS)] and some significant parts of the business.
Market Trends:
 Increasing Government Support for Digital Transformation and Fueling Demand of Disaster Recovery and Backup Services
Market Drivers:
 Increasing Demand for Infrastructure due to Data Traffic and Rising Awareness about Benefit of IT Infrastructure
Market Opportunities:
 Adoption of Cloud-based Infrastructure and Rising Need in Emerging Organisations
Market Restraints:
 Adoption of Cloud-based Infrastructure and Rising Need in Emerging Organisations
Market Challenges:
 Adoption of Cloud-based Infrastructure and Rising Need in Emerging Organisations
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Infrastructure as a service Market by Key Players: Amazon Web Services (AWS) (United States), Microsoft Azure (Redmond), Google Cloud Platform (United States), Alibaba Cloud (China), IBM Cloud (United States), Oracle Cloud Infrastructure (United States), Salesforce (United States), DigitalOcean (United States), Rackspace (United States), VMware (United States)
Infrastructure as a service Market by Geographical Analysis:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, resea rch, tools, events, and experience that assist in decision-making.
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