LAMEA Infrastructure as Code (IaC) Market Size, Share & Industry Trends Analysis Report By Component, By Type, By Infrastructure Type (Mutable and Immutable), By Deployment Mode, By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Infrastructure as Code (IaC) Market would witness market growth of 28.8% CAGR during the forecast period (2022-2028).
Infrastructure as code tool is very helpful in addition to IaC. Moreover, infrastructure as code solution is an APM solution that manages and tracks the performance of the application at the code level during the whole development lifecycle. It also provides a wide range of additional functions, including log management, error monitoring, and application metrics. Configuration files should be subject to source control similar to any other software source code file because version control is a crucial component of IaC.
By deploying the infrastructure as code, users can also break it into functional parts that can be automatedly joined in a variety of ways. Developers do not have to manually supply and manage operating systems, servers, storage, as well as other infrastructure elements each time they create or deploy an application since IaC automates infrastructure provisioning. Coding the infrastructure provides a blueprint for provisioning, which can still be carried out manually or automatically using a tool.
The regional BFSI sector is expanding rapidly. According to South Africa’s International Monetary Fund, the banking industry in South Africa is varied and consists of commercial banks, mutual as well as cooperatives, and branches with foreign ownership. Large banks have responded very well, while smaller banks are also significantly increasing their efforts in order to maximize their growth and offer better customer satisfaction. With equity capital accounting for approximately 16% of total assets, banks outside the top 5 comprise about 10% of total assets.
The Brazil market dominated the LAMEA Infrastructure as Code (IaC) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $63.5 million by 2028. The Argentina market is experiencing a CAGR of 29.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 28.5% during (2022 - 2028).
Based on Component, the market is segmented into Tools (Configuration Orchestration, Configuration Management, Infrastructure Provisioning, and Others) and Services. Based on Type, the market is segmented into Declarative and Imperative. Based on Infrastructure Type, the market is segmented into Mutable and Immutable. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Government, Retail, Manufacturing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc., Oracle Corporation, Google LLC, Dell Technologies, Inc., Hewlett Packard Enterprise Company, Broadcom, Inc., ServiceNow, Inc., and Alibaba Group Holding Limited.
Scope of the Study
Market Segments Covered in the Report:
- Configuration Orchestration
- Configuration Management
- Infrastructure Provisioning
By Infrastructure Type
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- IT & Telecom
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc.
- Oracle Corporation
- Google LLC
- Dell Technologies, Inc.
- Hewlett Packard Enterprise Company
- Broadcom, Inc.
- ServiceNow, Inc.
- Alibaba Group Holding Limited
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