The Global Cloud Infrastructure Services Market size is expected to grow from USD 104.58 billion in 2022 to USD 364.72 billion by 2030, at a CAGR of 16.9% during the forecast period (2023-2030).
Market Overview:
Cloud infrastructure services are a service that is used to describe the components needed for cloud computing, which comprises hardware, abstract resources, storage, and network issues. To have the host cloud infrastructure services and applications in the cloud, you need to have a cloud infrastructure service. Cloud infrastructure services are a combination of many components each integrated into one another with a single architecture that supports business operations.
Top Key Players in the Cloud Infrastructure Services Market:
IBM, Microsoft, Google, Amazon, AWS, Oracle, Alibaba, Fujitsu, Rackspace, DigitalOcean, Verizon, AT&T, VMware, CenturyLink, Bluelock, Dimension Data, OVH, Joyent, Skytap, VirtueStream, ProfitBricks, Tencent, DXC Technology, NEC, Navisite, and Other Major Players.
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The report summarizes all the information collected and serves the customer's requirements. However, these market analyses help in understanding market growth at both global and regional levels. For market data analysis, we have market panorama tools such as Market Dynamics, Competitor Analysis, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap and Evolution, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others.
Market Dynamics and Factors for Cloud Infrastructure Services Market:
Drivers:
Increasing Awareness among Enterprises Regarding the Cloud Benefits
The increasing awareness among enterprises regarding the benefits of cloud infrastructure services is a significant driver of the market's growth. As businesses recognize the advantages of cloud computing, such as cost-efficiency, scalability, and flexibility, they are more inclined to migrate their operations to the cloud. This awareness leads to a surge in demand for cloud infrastructure services, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).
Additionally, as enterprises become more informed about the security and reliability of cloud solutions, they are more willing to adopt these services, further fueling the market's expansion. Ultimately, heightened awareness translates into increased adoption rates and market growth in the cloud infrastructure services sector.Customize This Report:
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Opportunities:
Rapid Rise in IaaS Benefits and Need to Decrease Operational Benefits
The rapid rise in Infrastructure as a Service (IaaS) benefits presents a significant opportunity for the Cloud Infrastructure Services Market. Enterprises increasingly seek IaaS solutions to streamline their operations, reduce capital expenditure, and enhance scalability. As businesses strive to decrease operational costs and improve agility, IaaS offers a solution by eliminating the need for extensive on-premises hardware and reducing maintenance overheads. This shift towards IaaS not only aligns with cost-saving objectives but also supports digital transformation initiatives. Consequently, the growing recognition of IaaS advantages serves as a catalyst, propelling the Cloud Infrastructure Services Market forward as organizations embrace cloud-based infrastructure solutions.
Segmentation Analysis of the Cloud Infrastructure Services Market:
By Type, Based on the service type, the cloud infrastructure services market is segmented into computing as a service, storage as a service, disaster as a service, networking as a service, desktop as a service, and managed hosting. Organizations across all sizes and industries are leveraging cloud infrastructure services to improve efficiency and lower the cost of server space and access to data anywhere.
By Deployment Model, among deployment models, the public cloud deployment model is estimated to hold the largest market size. The advantages of using the public cloud include the simplicity and ease of deployment. The initial investment required for the deployment is minimal, and there are no responsibilities involved in managing the infrastructure. The public cloud offers scalability, reliability, flexibility, utility-style costing, and location independence services.
By Type
- Computer as a Service
- Storage as a Service
- Disaster Recovery and Backup as a Service
- Networking as a Service
- Desktop as a Service
- Managed Hosting
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
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Regional Analysis of the Cloud Infrastructure Services Market:
The Cloud Infrastructure Services market is growing rapidly in the North American region. North-America is accounted for the largest market share of 31.12% across the globe with a CAGR of 16.58% and a market size of USD 69.45 billion in the year 2026. While Europe is the second largest cloud infrastructure services market region followed by Asia-Pacific with a CAGR of 14.90% and 14.75% respectively with the expected cloud infrastructure services market size of USD 42.63 billion and USD 40.79 billion in the year 2026 respectively.
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Development:
In December 2022: Avalanche announced its partnership with Alibaba Cloud to develop tools that allow users to launch validator nodes on Avalanche's public blockchain platform in Asia. The partnership would let Avalanche developers use Alibaba Cloud's plug-and-play infrastructure to launch new validators.
In June 2022: VMware, Inc. announced the launch of VMware vSAN+ and VMware vSphere+ to support organizations by bringing the benefits of the cloud to their existing on-premises infrastructure without disrupting their workloads or hosts.
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