Jul 30, 2021 (AmericaNewsHour) -- In a recent published report, Kenneth Research has updated the market report for Infrastructure As A Service (IaaS) Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Infrastructure As A Service (IaaS) Market products.
The Global Infrastructure as a Service (IaaS) Market was valued at USD 15.20 billion in 2016 and is projected to reach USD 182.27 billion by 2025, growing at a CAGR of 28.2% from 2017 to 2025.
Infrastructure as a service (IaaS) is a form of cloud computing that provides virtualized computing resources over the internet. Infrastructure as a service provide the user with benefits including detailed billing, monitoring, log access, security, load balancing and clustering, as well as storage resiliency, such as backup, replication and recovery. Organizations choose IaaS because it is easier, faster and more cost-efficient to operate a workload without having to buy, manage and support the underlying infrastructure.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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1. Market Drivers
1.1 Improved Implementation, Scalability, and Accessibility of the System
1.2 Disaster Recovery Implementation
1.3 High Adoption of BYOD
2. Market Restraints
2.1 Costly Technology
2.2 Concerns for Data Security
The Global Infrastructure as a Service (IaaS) Market is segmented on the basis of organization size, solution, deployment model, verticals, and region.
1. Global Infrastructure as a Service (IaaS) Market, by Organization Size:
1.1 Large Companies
1.2 Mid-sized Companies
1.3 Small Companies
2. Global Infrastructure as a Service (IaaS) Market, by Solution:
2.1 Disaster Recovery as a Service
2.2 Storage as a Service
2.3 Network Management
2.4 High Performance as a Service Services
3. Global Infrastructure as a Service (IaaS) Market, by Deployment Model:
3.1 Private Cloud
1.1 Public Cloud
1.2 Hybrid Cloud
4. Global Infrastructure as a Service (IaaS) Market, by Vertical:
4.3 Energy and Utilities
4.4 Retail and E-commerce
4.6 Telecommunication and IT
4.7 Government and Defense
5. Global Infrastructure as a Service (IaaS) Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Rest of the World
The major players in the market are as follows:
1. Microsoft Corporation
2. Rackspace Hosting Inc.
3. IBM Corporation
7. Google Inc.
8. Cisco Systems Inc.
9. Computer Sciences Corporation (CSC)
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Infrastructure as a Service (IaaS) Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.