According to the latest report by IMARC Group, titled “Infrastructure as a Service (IaaS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global infrastructure-as-a-service (IaaS) market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 27% during 2021-2026. Infrastructure as a Service (IaaS) is a cloud-based solution that provides virtual computing resources over the internet. It is utilized by multiple businesses for storage, networking and essential computation purposes on a subscription and consumption basis. These solutions aid in improving the security, scalability and flexibility of various processes within an organization by supporting the business in disaster recovery and business continuity while reducing the overall capital expenditure.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Infrastructure as a Service (IaaS) Market Trends:
The global market is primarily driven by significant growth in the information technology (IT) sector. Along with this, the widespread integration of advanced technologies, such as artificial intelligence (AI) and big data, with IaaS is creating a positive outlook for the market. Moreover, the increasing investments by numerous small and medium businesses for the upgradation of IaaS-based software solutions and the rising preference for hybrid cloud platforms across the corporate segment are providing a boost to the market growth further. Some of the other factors contributing to the market growth include rapid digitization and extensive research and development (R&D) activities conducted by key players to upgrade wireless technology across the globe.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Infrastructure as a Service (IaaS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global infrastructure-as-a-service (IaaS) market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 27% during 2021-2026. Infrastructure as a Service (IaaS) is a cloud-based solution that provides virtual computing resources over the internet. It is utilized by multiple businesses for storage, networking and essential computation purposes on a subscription and consumption basis. These solutions aid in improving the security, scalability and flexibility of various processes within an organization by supporting the business in disaster recovery and business continuity while reducing the overall capital expenditure.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Infrastructure as a Service (IaaS) Market Trends:
The global market is primarily driven by significant growth in the information technology (IT) sector. Along with this, the widespread integration of advanced technologies, such as artificial intelligence (AI) and big data, with IaaS is creating a positive outlook for the market. Moreover, the increasing investments by numerous small and medium businesses for the upgradation of IaaS-based software solutions and the rising preference for hybrid cloud platforms across the corporate segment are providing a boost to the market growth further. Some of the other factors contributing to the market growth include rapid digitization and extensive research and development (R&D) activities conducted by key players to upgrade wireless technology across the globe.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800