Infrastructure as a Service Market Size 2021 Industry Demand, Share, Trend, Industry News, Growth, Top Key Players, Business Statistics and Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Infrastructure as a Service Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Infrastructure as a Service Market products.

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The Infrastructure as a Service Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

Market Scenario

The increasing demand for hybrid computing, faster implementation, scalability, and accessibility of the IT system are driving factors of infrastructure as a service market growth. The adoption of cloud computing is increasing among various verticals including IT & telecom, BFSI, healthcare, retail & e-commerce due to maximum utilization of IT resources and cost-effective cloud computing services among organizations. The increasing adoption of multi-cloud and cloud-based IaaS platform are also boosting the market growth of infrastructure as a service. The cloud-based IaaS platform has a huge demand in large enterprises as it enhances the IT services and fast data accessibility. Whereas, lack of IT infrastructure and data security on the cloud are some factors which are hampering the market growth.

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The major players such as Google LLC (U.S.), Microsoft Corporation (U.S.), International Business Machines Corporation (U.S.), Cisco Systems Inc (U.S.), HCL Technologies Limited (India), are the leading providers of Infrastructure as a Service (IaaS) solutions across the world. On Apr 23, 2018, Tech Data Corp. has introduced StreamOne Cloud Marketplace in India. This StreamOne Cloud is capable of managing cloud services including Software as a Service (SaaS), Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). With the help of cloud services, the company is delivering advanced offerings such as assessment, migration, security, and monitoring.

The global infrastructure as a service (IaaS) market is segmented on the basis of the solution, deployment type, end-user, verticals, and region. The solution segment is further sub-segmented as managed hosting services, storage as a service, high-performance computing as a service, disaster recovery as a service, network management, and content delivery services. Further, Storage as A Service is sub-segmented into network attached storage and storage area network-based storage.

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The deployment type is sub-segmented into the public cloud, private cloud, hybrid cloud. The end user is segmented into SMEs and large enterprises. The verticals are segmented into IT & telecom, BFSI, healthcare, retail and e-commerce, government & defense and among others. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.Global Infrastructure as a Service (Iaas) Market Is Estimated To Reach Usd 59 Billion By The End Of The Forecast Period, At A Cagr Of 23%.

Key Players

Some of the prominent players in the global Infrastructure as a Service (IaaS) market Amazon Web Services Inc. (U.S.), Google LLC (U.S.), Microsoft Corporation (U.S.), International Business Machines Corporation (U.S.), Cisco Systems Inc (U.S.), HCL Technologies Limited (India), Accenture (Republic of Ireland), Computer Sciences Corporation (U.S.), VMware, Inc. (U.S.), Rackspace Inc. (U.S.), Oracle Corporation (U.S.) and Fujitsu Ltd (Japan)

Regional Analysis

The regional analysis of infrastructure as a service (IaaS) market is done for North America, Asia Pacific, Europe, and the Rest of the World. North America is the experiencing a huge demand due to the increasing penetration of hybrid cloud and advanced IT infrastructure which is propelling the market of infrastructure as a service. North America is followed by the European region where the infrastructure as a service (IaaS) market is gaining popularity due to increasing adoption of next generation of cloud-based IaaS services among large organizations. Whereas, Asia Pacific countries, including China, Japan, and India, are the emerging markets for infrastructure as a service, and it is expected to grow with the highest CAGR in the coming years.

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Intended Audiences

Infrastructure as a Service (IaaS) companies

Infrastructure as a Service (IaaS) providers

Computer graphics developers

System integrators and third-party vendors

Government bodies

Technology investors 

Research institutes and organizations

Market research and consulting firms


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