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Cloud Infrastructure-As-A-Service: Introduction

  • Infrastructure-as-a-Service (IaaS) is a model whereby an organization can outsource the equipment used to support operations, including storage, hardware, network components, and servers. The service provider owns the devices and is responsible for their operation, housing, and maintenance.
  • A cloud infrastructure-as-a-service is like any cloud technology; it is accessed through the Internet via the data center of a cloud provider, which is responsible for the management and maintenance of traditional on-premise hardware, such as servers and further storage devices, for visualization and networking
  • It offers freedom to the customer to manage data, applications, middleware, and other operating systems
  • Cloud infrastructure-as-a-service provides various important infrastructure services such as security, network monitoring, billing, load balancing, and disaster recovery
  • Cloud infrastructure-as-a-service also offers advanced orchestration and automation to simplify application management and performance, as well as making it easier to install operating systems, start virtual machines, deploy middleware, and back up and store workloads
  • The cloud infrastructure is generally divided into three parts, such as computing, networking, and storage, which work together to create a cloud service
  • With infrastructure-as-a-service, cloud services are primarily managed by an enterprise, including data, runtime, applications, operating systems, and middleware; however, the cloud provider is responsible for services, networking, storage, and virtualization
cloud infrastructure as a service market size and forecast

Global Cloud Infrastructure-As-A-Service Market: Dynamics

Global Cloud Infrastructure-As-A-Service Market: Key Drivers

  • Increasing disaster recovery plans, decreased IT structure, and support for business continuity are some significant factors that are projected to drive the cloud infrastructure-as-a-service market during the forecast period
  • The cloud significantly eliminates or reduces the operating costs of a company that sets up and manages its own data center. With a cloud infrastructure, a company pays for hardware, software, servers, energy bills, and IT professionals that need to be managed, while paying only for necessary services. This is likely to propel the cloud infrastructure-as-a-services market.
  • Cloud Infrastructure-as-a-service can improve the efficiency and uptime of business systems, while enabling employees and external partners to access shared data on mobile devices anytime, anywhere. With cloud infrastructure managing processes, a company becomes more business-focused than IT-focused, which in turn is expected to fuel the cloud infrastructure-as-a-service market in the next few years.
  • The market of cloud infrastructure-as-a-service is expected to expand during the forecast period due to the security factor. Cloud infrastructure providers and technologies are constantly improving protection against viruses, hackers, and other data breaches with advanced encryption keys, stronger firewalls, and a hybrid approach.
  • However, glitches in an internet or intranet connection, limited access to data, tools, and applications stored on a server, and concerns about application reliability and performance are some factors that are expected to restrain the cloud infrastructure-as-a-service market.
cloud infrastructure as a service market dynamics

Impact of COVID-19 on the Global Cloud Infrastructure-As-A-Service Market

  • The COVID19 pandemic prompted the demand for technologies, such as cloud computing, to analyze patient data. Increase in the number of electronic medical records is fuelling the utilization of extremely scalable and secure cloud storage solutions healthcare providers in order to cater to a large number of cases.
  • Even before the pandemic, customers of IT companies were increasingly looking for a transition to a variable cost model for their central computing, network capabilities, and storage. They were looking for cloud-like offerings and pay-as-you-go services to enable this transition.
  • Therefore, the COVID-19 pandemic has had a positive impact on the global cloud infrastructure-as-a-service market

North America to Hold Major Share of Global Cloud Infrastructure-As-A-Service Market

  • The global cloud infrastructure-as-a-service market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America accounted for a prominent share of the global cloud infrastructure-as-a-service market due to the availability of advanced digital infrastructure and the increased demand for cloud computing in educational institutions. The U.S. is a rapidly expanding market for cloud infrastructure-as-a-service, as numerous U.S.-based companies work together to improve their business and maintain their strong presence in the global market.
  • The market in Asia Pacific is projected to expand at a notable CAGR in the near future, and industry participants have recognized the importance of strengthening the entire cloud infrastructure to provide low-cost networks, servers, storage solutions, virtual data centers, and easy access to virtual machines.
cloud infrastructure as a service market region analysis

Global Cloud Infrastructure-As-A-Service Market: Competition Landscape

  • Various key players are active in the cloud infrastructure-as-a-service market such as Microsoft Corporation, Cisco Systems Inc., etc.
  • In February 2021, Microsoft launched a new Azure Stack Hyperconverged Infrastructure (HCI) hybrid cloud solution in India, which enables organizations to run and build cloud-native applications with unified access to local cloud services using existing tools, processes, and capabilities.
  • In March 2021, Cisco started its Network-as-a-Service product that delivers hybrid cloud infrastructure with the introduction of Cisco Plus. The modern offering allows customers to request storage, compute, and networking for a precise situation and then pay per month, based on usage.

Key players operating in the global cloud infrastructure-as-a-service market include:

  • Microsoft Corporation Inc.
  • Amazon Web Services, Inc.
  • The Hewlett-Packard Company
  • Datapipe Inc.
  • Google Cloud Platform
  • Alibaba Cloud
  • IBM
  • Dell Technologies
  • Cisco Systems
  • Oracle Corporation
  • Adobe Inc.,
  • SAP SE
  • Fujitsu Limited
  • ProfitBricks Inc.
  • Rackspace Technology, Inc.
  • Huawei Technologies Co., Ltd.

Global Cloud Infrastructure-as-a-Service Market: Research Scope

Global Cloud Infrastructure-as-a-Service Market, by Enterprise Size

  • Small and Medium Enterprises
  • Large Enterprises

Global Cloud Infrastructure-as-a-Service Market, by Deployment

  • Public cloud
  • Private cloud
  • Hybrid cloud

Global Cloud Infrastructure-as-a-Service Market, by End-user

  • BFSI
  • Retail
  • Healthcare
  • Manufacturing
  • Telecommunication & IT
  • Media & Entertainment

Global Cloud Infrastructure-as-a-Service Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Cloud Infrastructure As A Service Market