Increase in demand for low cost IT infrastructure and faster data accessibility, and rise in cloud adoption across several industry verticals fuel the growth of the global infrastructure as a service market. By component type, the compute segment held the largest share in 2019. By region, on the other hand, North America exhibited the major share in the same year.

Portland, OR, Jan. 13, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global Infrastructure as a Service Market was pegged at $38.94 billion in 2019 and is estimated to hit $201.83 billion by 2027, registering a CAGR of 23.2% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Increase in demand for low cost IT infrastructure and faster data accessibility, and rise in cloud adoption across several industry verticals fuel the growth of the global infrastructure as a service market. On the other hand, security concerns over private cloud deployment restrain the growth to some extent. Nevertheless, surge in cloud adoption among SMEs is projected to create lucrative opportunities in the coming years.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2298

Impact of COVID-19 on Infrastructure as a Service Market:

• Organizations across the world have adopted the drift of ‘work from home’ and this, in turn, has impacted the global Infrastructure as a Service market positively.
• Along with providing core underlying infrastructure on rent to corporate networks, the front-runners in the industry are also offering lucrative discounts to their clients.
• With the IaaS companies providing customers with the option of renting remote computing power, there’s been a steep increase in the usage of cloud, and this has enabled the technology to grow during this crisis.

Get detailed COVID-19 impact analysis on the Infrastructure as a Service (iaas) Market: https://www.alliedmarketresearch.com/request-for-customization/2298?reqfor=covid

The global Infrastructure as a Service market is analyzed across component type, deployment model, user type, industry vertical, and region. Based on component type, the compute segment contributed to more than two-fifths of the total market share in 2019, and is anticipated to lead the trail by the end of 2027. Simultaneously, the network segment would garner fastest CAGR of 23.7% during the forecast period.

Based on deployment mode, the hybrid segment accounted for more than two-thirds of the total market revenue in 2019, and is projected to maintain the lions share by 2027. The same segment is also expected to grow at the fastest CAGR of 23.6% from 2020 to 2027. 

Based on geography, the market across North America held the major share in 2019, generating nearly two-fifths of the global market. Asia-Pacific, on the other hand, would exhibit the fastest CAGR of 26.5% by 2027. The other two regions studied through the report include Europe and LAMEA.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2298

The leading market players analyzed in the global Infrastructure as a Service market report include Amazon Web Services, Inc., Alibaba Group Holding Limited, Dell EMC, Google LLC, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc., Redcentric plc., and Hewlett Packard Enterprise. These market players have adopted different strategies including partnership, expansion, collaboration, joint ventures, and others to reinforce their status in the industry.

Official Press Release: https://www.alliedmarketresearch.com/press-release/infrastructure-as-a-service-iaas-market.html

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com  
Follow Us on: LinkedIn Twitter