Cloud infrastructure services market is likely to grow at a higher CAGR by 2023. Market Research Future Reports have presented this report.
The market is proliferating year by year owing to the key factors such as initiatives by governments, and corporate those are promoting the emerging technologies, such as cloud and analytics. More factors such as increasing use of cloud technologies, such as Bring Your Own Device (BYOD), and Internet of Things (IoT) and business continuity requirements resulting in high demand for disaster recovery services are eminently driving the market to grow substantially in the forecast period.
The Cloud Infrastructure Services Market refers to an infrastructure which operated through a network or the internet. Cloud Infrastructure mainly delivery an array of services on demand through infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS), cloud business process as a service (BPaaS), content delivery network (CDN) or application delivery network (ADN), managed hosting, and collocation hosting. The critical components of cloud computing include servers, memory, network switches, firewalls, applications, and storage systems. Cloud infrastructure has become an essential platform in recent time, on which several large, medium and small companies can implement digitization in the modern IT infrastructure conveniently.
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Several companies in the cloud infrastructure services market are now showing keen interest in implementing strategic inputs to capitalize on the market prospects. MRFR has included profiles of several companies in their market report. These companies are Microsoft (U.S.), Amazon Web Service (U.S.), Google (U.S.), Rackspace Inc. (U.S.), IBM (U.S.), Citric Systems (U.S.), Salesforce (U.S.), Equinix (U.S.), AT&T Inc. (U.S.), and HP (U.S.). Tactical moves these companies are employing can also help in taking the market ahead holistically.
The global cloud infrastructure services market is segmented by design services, deployment, and verticals for analytical preferences by MRFR. This analysis is further bolstered by data from volume-wise and value-wise study of the market.
Based on the design services, the cloud infrastructure services market can be segmented into content delivery network/application delivery network, IaaS, PaaS, managed hosting, SaaS, BPaaS, and colocation hosting. The SaaS segment is gaining momentum as several companies are implementing models based on this.
Based on the deployment, the cloud infrastructure services market is segmented into public, private and hybrid. The hybrid segment is gaining far more attention owing to the flexibility in application.
Based on the verticals, the cloud infrastructure services market comprises energy, BFSI, manufacturing, retail, media & entertainment, education, healthcare, logistics, research & development, and others. The BFSI segment is contributing considerably. However, other segments such as research & development and logistics are fast gaining market proliferation.
The global cloud infrastructure services market includes regions like North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW). Such a geographic segmentation by MRFR reveals the demographic factors that are inspiring regional markets to chart their course and generate revenues.
North America has the prominent presence in the global market in terms of market control. The region enjoys superlative infrastructure which gets backed by rising investment, ample research and development, and easy inclusion of latest technologies. The IT industry in the region is also spending substantially for the inclusion of cloud-based services to reduce their overall expenditure. The U.S. in the region also houses a number of major market vendors which is helping the regional market in its expansion plans.
Europe is benefitting from similar features. Countries in the region like France, Germany, and the U.K. are economically sound which helps them to solidify their infrastructures. At the same time, high investment in research and development sector is inspiring the regional market. The APAC region is expected to rise with the fastest CAGR during the forecast period. Countries such as China, India, and Japan are employing such technologies in large-scale which is cementing the foundation for the technology in the regional market. These emerging economies are also promoting scopes for the market to expand by luring in big players.
In May 2019, eG Enterprise launched their new eG Enterprise Cloud that is a 100% SaaS-based automated monitoring service that provides end-to-end coverage. This would currently focus on monitoring Citrix digital workspaces. The licensing would be extremely affordable and its hassle-free with facilities such as do-it-yourself deployment.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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List of Tables
Table1 World Population by Major Regions (2018 To 2023)
Table2 Global Cloud Infrastructure Services Market: By Country, 2018-2023
Table3 North America Cloud Infrastructure Services Market: By Country, 2018-2023
List of Figures
Figure 1 Global Cloud Infrastructure Services Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Cloud Infrastructure Services Market
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