Infrastructure as a Service (IaaS) Market (By Type: Storage, Compute, Network, Disaster Recovery, Desktop, Others; By Deployment Model: Private, Public, Hybrid; By Enterprise Size: Large Enterprises, SMEs; By Vertical: IT & Telecom, Banking, Financial Services, and Insurance (BFSI), Healthcare, Retail and E-commerce, Government & Defense, Energy & Utilities, Manufacturing, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
The global infrastructure as a service (iaas) market size was estimated at USD 52.22 billion in 2022 and is expected to hit around USD 558.86 billion by 2032 and is poised to grow at a compound annual growth rate (CAGR) of 26.8% from 2023 to 2032.
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Infrastructure-as-a-Service (IaaS) is a cloud computing solution, which enables in removing hardware price through imparting digital server rooms and community structures on 1/3 birthday celebration or in-residence information facilities. It offers whole IT infrastructure additives including servers, networks, garage structures, and information facilities to numerous person agencies which include massive and small & medium enterprises (SMEs).
The price-powerful blessings of IaaS technology, boom in call for quicker information accessibility, and boom in cloud adoption throughout numerous enterprise verticals are a number of the important thing elements that pressure the boom of the worldwide IaaS marketplace. In addition, sizable shift closer to hybrid cloud as number one deployment model, ICT spending through governments in numerous developed and growing areas improve the marketplace boom. However, loss of familiar requirements and upward thrust in protection and privateness issues are expected to limitation the marketplace boom. On the contrary, integration of AI with IaaS and upward thrust in call for of IaaS through SMEs is expected to offer rewarding boom possibilities for the worldwide IaaS marketplace at some point of the forecast period.
The global IaaS market is expected to witness significant growth during the forecast period, due to the increasing trend towards serverless computing, the growing demand for cloud services hybrid cloud and the increase in Internet penetration. Integrated IaaS services are expected to drive the next wave of cloud infrastructure adoption as the major cloud service providers move towards hybrid environments i.e. collaboration of diverse infrastructure.
The demand for IaaS solutions is expected to increase significantly in sectors such as government and education, BFSI, healthcare, and manufacturing. In addition, increasing technological advancements such as the integration of IaaS with IoT and increasing internet penetration in emerging economies are expected to complement the growth of the market.
Report Coverage | Details |
Market Size in 2023 |
USD 65.95 Billion |
Market Size by 2032 |
USD 558.86 Billion |
Growth Rate from 2023 to 2032 | CAGR of 26.8% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Type, Deployment Model, Enterprise Size, Vertical, and Geography |
Companies Mentioned | Amazon Web Services, Inc., EMC Corporation, Google Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc., Red Hat, Inc., Redcentric plc., VMware, Inc., Profitbricks, Cisco Systems Inc., Computer Sciences Corporation (CSC), Fujitsu, Alibaba Group Holding Limited, Dell EMC, Hewlett Packard Enterprise, Profitbricks Inc., Mindtree Pvt. Ltd. |
Key Market Drivers
Key Market Challenges
Key Market Opportunities
Based on component type, the IaaS market is classified into storage, network, compute and others. IaaS hosting is a service offered in the form of a la carte hosting. IaaS services are widely used to store, backup, and restore databases. The ability of IaaS to handle the unpredictable demand and growth of hosting organizations tends to be high in planning and managing backup and recovery systems through IaaS.
The compute and storage segments together accounted for highest market share in 2022, with the former constituting larger share. The network and storage segments are also expected to witness significant growth respectively, during the forecast period.
Based on IaaS deployment model, the market is bifurcated into private, public, and hybrid model.
The hybrid segment contributes the largest market share of the market and is estimated to retain its dominance during the forecast period. The public and hybrid segments together contributes largest share with the former constituting highest share. These two segments are also expected to witness significant CAGRs during the forecast period.
Based on IaaS user type, the market is bifurcated into small large enterprises & medium sized enterprises (SMEs). Cloud infrastructure boosts productivity for SMBs by providing virtual access to data and cyberspace.
Rising demand for unlimited storage, security, protected networks, and low-cost IT spending is expected to drive SME cloud adoption. Many SMEs in emerging regions, including Asia-Pacific, Latin America and the Middle East, are strongly trending towards cloud infrastructure adoption. For example, in March 2017, MasterCard partnered with Mastriano to launch the first SME cloud platform in Asia-Pacific with integrated business applications, which is expected to reduce operating costs for small and medium enterprises.
Infrastructure as a Service (IaaS) Market Share, By Region, 2022 (%)
Regions | Revenue Share in 2022 (%) |
North America | 46% |
Asia Pacific | 22% |
Europe | 25% |
Latin America | 4% |
MEA | 3% |
On the basis of geography, the region of North America holds the largest market share. The United States is one of the largest markets for IaaS. It is home to several major IaaS players, making it a lucrative hub for market innovation. Amazon Web Services, Inc., a major player in the North American IaaS market, is investing heavily in solutions in the region.
Segments Covered in the Report
By Type
By Deployment Model
By Enterprise Size
By Vertical
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Infrastructure as a Service (IaaS) Market
5.1. COVID-19 Landscape: Infrastructure as a Service (IaaS) Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Infrastructure as a Service (IaaS) Market, By Type
8.1. Infrastructure as a Service (IaaS) Market, by Type, 2023-2032
8.1.1. Storage
8.1.1.1. Market Revenue and Forecast (2021-2032)
8.1.2. Compute
8.1.2.1. Market Revenue and Forecast (2021-2032)
8.1.3. Network
8.1.3.1. Market Revenue and Forecast (2021-2032)
8.1.4. Disaster Recovery
8.1.4.1. Market Revenue and Forecast (2021-2032)
8.1.5. Desktop
8.1.5.1. Market Revenue and Forecast (2021-2032)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2021-2032)
Chapter 9. Global Infrastructure as a Service (IaaS) Market, By Deployment Model
9.1. Infrastructure as a Service (IaaS) Market, by Deployment Model, 2023-2032
9.1.1. Private
9.1.1.1. Market Revenue and Forecast (2021-2032)
9.1.2. Public
9.1.2.1. Market Revenue and Forecast (2021-2032)
9.1.3. Hybrid
9.1.3.1. Market Revenue and Forecast (2021-2032)
Chapter 10. Global Infrastructure as a Service (IaaS) Market, By Enterprise Size
10.1. Infrastructure as a Service (IaaS) Market, by Enterprise Size, 2023-2032
10.1.1. Large Enterprises
10.1.1.1. Market Revenue and Forecast (2021-2032)
10.1.2. SMEs
10.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 11. Global Infrastructure as a Service (IaaS) Market, By Vertical
11.1. Infrastructure as a Service (IaaS) Market, by Vertical, 2023-2032
11.1.1. IT & Telecom
11.1.1.1. Market Revenue and Forecast (2021-2032)
11.1.2. Banking, Financial Services, and Insurance (BFSI)
11.1.2.1. Market Revenue and Forecast (2021-2032)
11.1.3. Healthcare
11.1.3.1. Market Revenue and Forecast (2021-2032)
11.1.4. Retail and E-commerce
11.1.4.1. Market Revenue and Forecast (2021-2032)
11.1.5. Government & Defense
11.1.5.1. Market Revenue and Forecast (2021-2032)
11.1.6. Energy & Utilities
11.1.6.1. Market Revenue and Forecast (2021-2032)
11.1.7. Manufacturing
11.1.7.1. Market Revenue and Forecast (2021-2032)
11.1.8. Others
11.1.8.1. Market Revenue and Forecast (2021-2032)
Chapter 12. Global Infrastructure as a Service (IaaS) Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2021-2032)
12.1.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.1.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.1.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.1.5.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.1.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.1.5.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.1.6.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.1.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.1.6.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.2.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.2.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.5.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.2.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.2.5.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.6.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.2.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.2.6.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.7.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.2.7.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.2.7.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.8.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.2.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.2.8.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.3.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.3.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.5.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.3.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.3.5.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.6.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.3.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.3.6.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.7.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.3.7.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.3.7.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.8.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.3.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.3.8.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.4.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.4.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.5.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.4.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.4.5.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.6.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.4.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.4.6.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.7.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.4.7.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.4.7.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.8.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.4.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.4.8.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.5.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.5.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.5.5.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.5.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.5.5.4. Market Revenue and Forecast, by Vertical (2021-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.5.6.2. Market Revenue and Forecast, by Deployment Model (2021-2032)
12.5.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2032)
12.5.6.4. Market Revenue and Forecast, by Vertical (2021-2032)
Chapter 13. Company Profiles
13.1. Amazon Web Services, Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. EMC Corporation
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Google Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. IBM Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Microsoft Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Oracle Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Rackspace Hosting, Inc.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Red Hat, Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Redcentric plc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. VMware, Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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