Cloud infrastructure services market to reach USD 117.6 billion by 2025.
Cloud infrastructure services market valued approximately USD 23.5 billion in 2017 is anticipated to grow with a healthy growth rate of more than 22.3% over the forecast period 2018-2025. Growing investment of government in digital transformation and rising awareness among organizations regarding the advantages of cloud technologies are the major factors which are driving the growth in the global cloud infrastructure services market. Moreover, the growing requirements of the cloud for business continuity is another major factor which has raised the demand for cloud infrastructure services in the global market. However, the limited bandwidth providers and strict governments standards affects the market negatively.
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Cloud infrastructure is basically the hardware & software components like storage, servers, network, and virtualization software, which are required to fulfill the computing needs of a cloud computing model. The cloud infrastructure services are provided in virtual machine form, on the basis of pay per use to the users. The cloud infrastructure solutions are available in three models which include public, private and hybrid cloud. The acceptance of hybrid cloud storage systems is growing among organizations as these systems are flexible enough for deployment according to the need of workgroup or workload. Besides this, cloud infrastructure services have various other benefits like improved management of IT infrastructure, enhanced data management, better compliance, and security, due to which the demand for these services are likely to grow in the near future.
The regional analysis of cloud infrastructure services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in cloud infrastructure services market over the forecasted period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the cloud infrastructure services market. Developing countries, such as India and China, are significant players boosting the demand for the cloud infrastructure services market. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which is fueling the demand of cloud infrastructure services market over the coming years. Asia Pacific region is contributing towards the growth of global cloud infrastructure services market and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Service Type
?Compute as A Service
?Storage as A Service
?Disaster Recovery and Backup as A Service
?Networking as A Service
?Desktop as A Service
By Deployment Model
?Banking, Financial Services, and Insurance
?It and Telecommunications
?Government and Public Sector
?Retail and Consumer Goods
?Energy and Utilities
?Media and Entertainment
?Healthcare and Life Sciences
?Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2015, 2016
Base year 2017
Forecast period 2018 to 2025
The leading Market players mainly include-
Target Audience of the Cloud Infrastructure Services Market in Market Study:
?Key Consulting Companies & Advisors
?Large, medium-sized, and small enterprises
?Value-Added Resellers (VARs)
?Third-party knowledge providers
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