Infrastructure as a Service Market Share To Expand At A Remarkable CAGR Of 23% By 2023 (SARS-CoV-2, Covid-19)

Infrastructure as a Service Market Share

The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Infrastructure as a Service Market Share. The growth sectors of the Infrastructure as a Service Market Share are identified with precision for a better growth perspective.

The detailed report published by Market Research Future (MRFR) projects that the global infrastructure as a service market is marked to exhibit remarkable expansion at a CAGR of 23% during the forecast period from 2017 to 2023. The global infrastructure as a service market is also anticipated to reach the market valuation of USD 59 Bn by the end of the review period. Rapid industrialization, increased adoption of cloud computing in various industrial sectors, increased reliance on cloud-based solutions as a result of improved data security and incorporation of data encryption feature, easy adoption of technologically advanced solutions, and increasing availability of reliable platforms that provide infrastructure as a service are majorly propelling the growth of the global infrastructure as a service market during the assessment period.

Global Infrastructure As A Service Market: Segmental Analysis

The global infrastructure as a service (IaaS) market has been segmented on the basis of the solution, deployment type, end-user, and verticals. Based on solution, the global infrastructure as service market has been segmented into managed hosting services, storage as a service, network management, high-performance computing as a service, disaster recovery as a service, and content delivery services. Among these, the storage as a service segment has been sub-segmented into network attached storage and storage area network-based storage. Based on deployment type, the global infrastructure as a service market has been segmented into public cloud, private cloud, and hybrid cloud. Based on end user, the global infrastructure as a service market has been segmented into SMEs and large enterprises. Based on verticals, the global infrastructure as a service market has been segmented into IT and telecom, BFSI, retail and e-commerce, healthcare, government and defense, and others.

Global Infrastructure As A Service Market: Regional Analysis

Geographically, the global infrastructure as a service market has been segmented into four major regions such as North America, Asia Pacific (APAC), Europe, and the rest of the world. The North America region commands the maximum share of the global infrastructure as a service market during the assessment period. The factors such as rapid industrialization, increased adoption of cloud computing in various industrial sectors, increased reliance on cloud-based solutions as a result of improved data security and incorporation of data encryption feature, easy adoption of technologically advanced solutions, and increasing availability of reliable platforms that provide infrastructure as a service are majorly propelling the growth of the global infrastructure as a service market in the North America region.

Global Infrastructure As A Service Market: Key Players

The key market players profiled by Market Research Future (MRFR) that are operating in the global infrastructure as a service market are Amazon Web Services Inc. (the U.S.), Google LLC (the U.S.), Microsoft Corporation (the U.S.), International Business Machines Corporation (the U.S.), Cisco Systems Inc (the U.S.), HCL Technologies Limited (India), Accenture (Republic of Ireland), Computer Sciences Corporation (the U.S.), VMware, Inc. (the U.S.), Rackspace Inc. (the U.S.), Oracle Corporation (the U.S.), and Fujitsu Ltd (Japan).

The players in the global infrastructure as a service market are introducing innovative solutions to ensure high quality and effectivity of the services in order to expand their businesses in the global infrastructure as a service market. Strategically planned mergers and acquisitions along with collaborations in multiple projects are aiding these players in sustaining the competition in the global infrastructure as a service market during the assessment period. For instance, in April 2018, Tech Data Corp. has announced the inauguration of SteamOne Cloud Marketplace in India which is capable of managing multiple cloud services such as Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).

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Infrastructure as a Service Market by Type Growth and Trends – Forecast to 2023| MRFR

Infrastructure as a Service Market has 23% CAGR forecast period 2017-2023, Global Infrastructure as …

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