Infrastructure as a Service (IaaS) Global Market Report 2021

DUBLIN, August 13, 2021–(BUSINESS WIRE)–The “Infrastructure as a service (IaaS) Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s to offer.

The global Infrastructure as a Service (IaaS) market is expected to decline from $56.94 billion in 2020 to $44.44 billion in 2021 at a compound annual growth rate (CAGR) of -22%. The high growth is mainly due to the growth in online services as a result of COVID-19, which increased the demand for IaaS. The market is expected to reach $74.63 billion by 2025 at a CAGR of 13.8%.

Major players in the Infrastructure as a Service (IaaS) market include Amazon Web Services Inc., Microsoft Corporation, International Business Machines Corporation (IBM), VMware Inc., Fujitsu Limited, Google Inc., Cisco System Inc., Oracle Corporation, Alibaba Group Holding Limited and Red Hat Inc.

Concerns about privacy and data protection are expected to hinder the growth of infrastructure as a services market during the forecast period. The typical IaaS security threats include data breaches, compromising accounts and authentication bypass, interface and API hacking, cyber-attacks, permanent data loss, lack of awareness of cloud capabilities, application vulnerability, and cloud service abuse.

According to the 2020 Global Networking Trends report published by Cisco, more than 50% of business data will be created and processed outside the data center or cloud by 2022, up from less than 10% in 2019. With increasing dissemination of data, I&D organizations face challenges in providing data protection and management. So the privacy and data protection concerns that are challenging the service providers are expected to hinder the market growth.

In July 2020, VMware, Inc., a US-based publicly traded software company that provides cloud computing and virtualization software and services, Datrium, Inc. acquired for disaster recovery as a service (DRaaS) and hyperconverged infrastructure (HCI) capabilities for an undisclosed amount.

The major benefit of the acquisition is that an end-to-end cloud-driven user experience will be delivered by the Datrium DRaaS solution in VMware Cloud on AWS. Datrium, Inc., a US-based hybrid cloud computing and data management company that is a global provider of tier 1 hyperconverged infrastructure (HCI) for hybrid clouds that combines tier 1 HCI, scale-out cloud backup and disaster recovery for hybrid cloud infrastructure protection for easy management and higher IO performance.

Increasing cloud adoption across industries such as banking, financial services and insurance (BFSI), government and education, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and more at a rapid pace is expected to propel the market growth of the infrastructure as a services market during the forecast period. Several industries are adopting IaaS due to benefits such as low cost and improved reliability and scalability.

The banking industry is one where Iaas is being adopted faster due to the substantial benefits of cloud computing, including data analytics, AI-driven analytics with machine and deep learning algorithms, agility and scale. Cloud computing enables banking organizations to quickly make changes and add new functionality.

By 2020, organizations such as Amazon Web Services Outposts, Google Cloud Anthos, and Microsoft Azure Arc. initiated the edge cloud computing. With the proliferation of various industries towards cloud-based services, the trend of distributed cloud overcoming the challenges of physical location constraints will prove to be one of the key market growth opportunities during the forecast period.

Main topics covered:

1. Summary

2. Infrastructure as a service (IaaS) Market characteristics

3. Infrastructure as a service (IaaS) Market trends and strategies

4. Impact of COVID-19 on Infrastructure as a Service (IaaS)

5. Infrastructure as a Service (IaaS) Market Size and Growth

5.1. Global Infrastructure as a Service (IaaS) Historical Market, 2015-2020, $billion

5.1.1. Market drivers

5.1.2. Restrictions on the market

5.2. Global Infrastructure as a Service (IaaS) Forecast Market, 2020-2025F, 2030F, $billion

5.2.1. Market drivers

5.2.2. Restrictions on the market

6. Infrastructure as a service (IaaS) Market segmentation

6.1. Global Infrastructure as a Service (IaaS) Market Segmentation by Deployment Type, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Public cloud

  • Private Cloud

  • Hybrid cloud

6.2. Global Infrastructure as a Service (IaaS) Market Segmentation by Application, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Managed Hosting

  • Storage as a service

  • Disaster recovery as a service and backup

  • Compute-as-a-service (CaaS)

  • Network as a service (NaaS)

  • Content Delivery Services

  • High-Performance Computing As A Service (HPcaaS)

6.3. Global Infrastructure as a Service (IaaS) Market Segmentation by End User, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

6.4. Global Infrastructure as a Service (IaaS) Market Segmentation by Industry Vertical, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

6.5. Global Infrastructure as a Service (IaaS) Market Segmentation by Operation, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Rechargeable

  • Not rechargeable

7. Infrastructure as a Service (IaaS) Market Analysis by Regions and Country

7.1. Global Infrastructure as a Service (IaaS) Market Split by Regions, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion

7.2. Global Infrastructure as a Service (IaaS) Market Breakdown by Country, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion

Named companies

  • Amazon Web Services Inc.

  • Microsoft Corporation

  • International Business Machines Corporation (IBM)

  • VMware Inc.

  • Fujitsu Limited

  • Google Inc.

  • Cisco System Inc.

  • Oracle Corporation

  • Alibaba Group Holding Limited

  • Red Hat Inc.

  • ProfitBrick

  • Redcentricplc.

  • Savvis

  • Tencent

  • Dell

  • EMC Corporation

  • Hewlett Packard Enterprise

For more information about this report, visit https://www.researchandmarkets.com/r/nxhd5t

Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20210813005334/en/

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