Transparency Market Research has released a new market report entitled “Infrastructure as a Service(IaaS)
[By Implementation type (Self-hosted Cloud, Private Cloud, Hybrid Cloud) and By Service type (Disaster Recovery as Service (DRaaS), Compute as a Service (CaaS), Storage as a Service (STaaS), Data Center as a Service (DCaaS), Desktop as a Service (DaaS) and Application Hosting as a Service)] Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2022.” According to this report, the global market for IaaS accounted for US$ 15.6 Bn in 2014 and is expected to reach US$ 73.9 Bn by 2023 at a CAGR of 22.1% from 2015 to 2022.
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In the year 2014, the IaaS market was largely dominated by North America, accounting for over 40% of the global market revenue, and the region is expected to dominate the market during the forecast period from 2015 to 2022. The U.S. was the major contributor in the utilization of IaaS solutions. Furthermore, in terms of implementation, hybrid cloud solutions are expected to dominate among other implementation models. The ease of access, flexibility, and security provided by hybrid cloud solutions is the major factor supporting adoption of IaaS in the region. In addition, the presence of global IT giants and an established IT infrastructure was the major contributor in the growth of the IaaS market. Over the forecast period, Europe and the established markets in Asia Pacific are expected to play an important role in the growth of the IaaS market. Countries such as the U.K. and Germany are projected to be key revenue contributors to the market.
In the near term, Asia Pacific is forecast to see faster adoption of IaaS solutions. Emerging economies, such as China and India, are expected to be key contributors to the development of the market in the region. Furthermore, improving IT infrastructure and rising adoption of IT solutions by small and medium-sized businesses is expected to pave the way for the market’s growth. The report provides an analysis of Global IaaS market in the following segments.
IaaS Market: By Implementation
- Self-hosted Cloud
- Private Cloud
- Public Cloud
- Hybrid Cloud
IaaS Market: By Service Type
- Disaster Recovery as a Service (DRaaS)
- Compute as a Service (CaaS)
- Storage as a Service (STaaS)
- Data Center as a Service (DCaaS)
- Desktop as a Service (DaaS)
- Application Hosting as a Service
IaaS Market: By Region
- North America
- The U.S.
- Rest of North America
- Asia Pacific
- South Asia (India, Pakistan, Bangladesh, and Sri Lanka)
- Australasia (Australia, New Zealand, and Papua New Guinea)
- Rest of APAC
- EU7 (the U.K., Italy, Spain, France, Germany, Belgium, and the Netherlands)
- Rest of Europe
- Latin America
- Middle East & Africa
- GCC Countries
- North Africa
- Southern Africa
- Rest of MEA
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