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The global Infrastructure as a Service (IaaS) Market Size is expected to attain a market size of $89.9 billion by 2023, rising at a CAGR of 25% during the forecast period.
Infrastructure as a Service (IaaS) is among the three leading categories within the cloud computing services, and the other services are Software as a Service (SaaS) and Platform as a Service (PaaS). By the composition, the IaaS is a platform where third-party vendors supply hardware, software, servers, storage and other infrastructure components to a user. The hosting of applications and managing system maintenance, backup and resiliency planning are also conducted by the IaaS providers. The benefit of using an IaaS platform is scalability. Users can demand resources scalability as per requirement.
The flexible nature of the technology makes it a perfect match for temporary workloads, and also for workloads that are experimental in nature or change unexpectedly. Also, it is relatively easy to automate multiple tasks such as administrative tasks, dynamic scaling, desktop virtualization and policy-based services. The payment terms are quite flexible too, as the customers have the opportunity to pay per hourweekmonth basis. Based on the component types, the Infrastructure as a Service (IaaS) market is segmented into Solution and Services. The Services market is segmented into Professional and Managed Services.
Based on the Testing Types, the market is segmented into Static Infrastructure as a Service (IaaS) Testing, Dynamic Infrastructure as a Service (IaaS) Testing, and Interactive Infrastructure as a Service (IaaS) Testing. Based on Deployment Types, the market is segmented into On-Demand and On-Premise. The verticals covered under the report include BFSI, Government & Defense, Telecom & IT, Healthcare, Retail, Education, and Others. Based on region, Infrastructure as a Service (IaaS) market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific) and Latin America, Middle East & Africa. North America remained the dominant region in the global Infrastructure as a Service (IaaS) market in 2016. Asia Pacific would witness promising CAGR during the forecast period (2017-2023).
The report covers the analysis of key stake holders of the Infrastructure as a Service (IaaS) market. Key companies profiled in the report include Amazon Web Services, Microsoft Corporation, International Business Machines Corporation (IBM), VMware, Inc., Cisco System, Inc., Fujitsu Limited (Fujitsu), Google Inc., and Computer Science Corporation (CSC).