Infrastructure as a Service Market Survey Insights and Forecast 2023-2030

Market Overview:

The Infrastructure as a Service market is a segment of cloud computing that provides businesses with access to on-demand computing resources, such as servers, storage, and networking. IaaS providers manage and maintain these resources, and businesses can scale them up or down as needed.

The IaaS market is growing rapidly, driven by the increasing adoption of cloud computing and the need for businesses to have more flexible and scalable IT infrastructures. According to Market Research Future (MRFR), the global IaaS market is expected to grow from USD 26.43 billion in 2022 to USD 119.82 billion by 2030, at a CAGR of 24.10%.

Key Companies:

The major players in the Infrastructure as a Service market include:

• Amazon Web Services (AWS)
• Microsoft Azure
• Google Cloud Platform (GCP)
• IBM Cloud
• Alibaba Cloud
• Oracle Cloud Infrastructure
• Rackspace Technology
• NTT Data
• Fujitsu
• Cisco Systems
• VMware

These companies offer a wide range of IaaS services, including computing, storage, networking, databases, analytics, and machine learning.

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Infrastructure as a Service Market Segmentation:

The IaaS market can be segmented by:

• Deployment type: Public cloud, private cloud, and hybrid cloud
• Component: Compute, storage, networking, and others
• Enterprise size: Small and medium-sized enterprises (SMEs) and large enterprises
• Industry vertical: Banking, financial services, and insurance (BFSI), government and education, healthcare, telecommunications and IT, retail, manufacturing, media and entertainment, and others

Regional Insights:

The North American region is expected to dominate the Infrastructure as a Service market in the forecast period, followed by the Asia Pacific region. The growth in these regions is attributed to the increasing adoption of cloud computing by businesses of all sizes.

Industry Latest News:

Here are some of the latest news from the Infrastructure as a Service industry:

• AWS launches new compute instances for machine learning workloads. AWS has announced the launch of new compute instances that are optimized for machine learning workloads. These instances offer up to 40% better performance than previous generations, and they are available in a variety of sizes to meet the needs of different workloads.
• Azure launches new storage service for high-performance workloads. Azure has announced the launch of a new storage service that is designed for high-performance workloads. This service offers up to 10x better performance than traditional storage services, and it is available in a variety of regions around the world.
• GCP launches new AI platform for building and deploying AI models. GCP has announced the launch of a new AI platform that makes it easier for businesses to build and deploy AI models. This platform provides a variety of tools and resources, including pre-trained AI models, AI development tools, and AI deployment tools.

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