Technology & Media
The global infrastructure as a service (IaaS) market size reached US$ 103.9 Billion in 2023. As per the analysis by IMARC Group, the top companies in the infrastructure as a service (IaaS) industry are focusing on expanding their portfolio by introducing new features, enhancing existing services, and providing specialized offerings to meet the rising user demands, strengthen market presence, and attract new customers. In addition to this, the utilization of machine learning (ML) and artificial intelligence (AI) to enable predictive analytics, optimize resources, monitor performance characteristics, detect anomalies, and automate incident detection, diagnosis, and response in an IaaS environment is favoring the market growth. Furthermore, several companies are heavily investing in expanding their global network of data centers to comply with data sovereignty regulations and offer low-latency, reliable, and scalable services to their clients. Besides this, the integration of blockchain technology to decentralize cloud storage, maintain data integrity, ensure transparency, improve identity and access management (IAM), streamline service-level agreements (SLAs), and enhance the accuracy of resource tracking and billing process, is providing an impetus to the market growth. Moreover, the recent development of edge computing, which reduces latency, improves data privacy, and enables real-time processing of applications, is strengthening the market growth. Apart from this, several key players are offering hybrid cloud solutions that are cost-effective, highly secure, and enable seamless integration with customer’s existing infrastructure, thus allowing businesses to benefit from public and private cloud environments. Moreover, aggressive branding and promotional campaigns by companies through social media, television (TV) commercials, and paid advertisements are contributing to the market growth. Other factors, including the rapid proliferation of the Internet of Things (IoT) devices, increasing digital transformation, the introduction of fifth-generation (5G) communication technology, and the growing demand for cloud solutions, are anticipated to drive the market growth. Looking forward, IMARC Group expects the market value to reach US$ 675.9 Billion by 2032, exhibiting a growth rate (CAGR) of 22.4% during 2024-2032.
Learn about opportunities, challenges, and trends in the global Infrastructure as a Service (IaaS) market with IMARC’s market research report. Try a free sample today!
The global infrastructure as a service (IaaS) market has several major players including Amazon Web Services, Inc, Cisco Systems Inc., DXC Technology Company, Dell Technologies, Inc., Fujitsu Limited, Google LLC, International Business Machines (IBM) Corporation, Microsoft Corporation, Oracle Corporation, IONOS Cloud Inc., Rackspace Technology Global, Inc., Red Hat Inc., Redcentric plc, and VMware, Inc. More information about these companies has been provided below.
Establishment: |
2006 |
Headquarters: |
Washington, the United States |
Website: |
https://aws.amazon.com/ |
Amazon Web Services, Inc (AWS) is a technology company that provides on-demand cloud computing platforms and application programming interfaces (APIs) to individuals, companies, and governments. It is a subsidiary of Amazon.com, Inc., a multinational e-commerce company. AWS offers a wide range of products, such as virtual servers, storage services, data warehousing, serverless computing, natural language processing, and predictive analytics. Furthermore, the company has partnered with leading global institutions and organizations to expand its business, develop innovative solutions, and attract new customers.
Establishment: |
1984 |
Headquarters: |
California, the United States |
Website: |
https://www.cisco.com/ |
Cisco Systems Inc. is a multinational information technology (IT) and networking company that deals in switches, routers, cybersecurity, and the Internet of Things (IoT) devices. It also manufactures a wide range of collaboration tools, such as videoconferencing systems, voice-over internet protocol (VoIP) phones, and telepresence systems. Furthermore, the company has launched a digital platform, allowing users to browse its diverse product offerings and shop online. Moreover, Cisco Systems Inc. is focused on establishing new merchandise stores across the globe to expand its market reach and attract new customers.
Establishment: |
2017 |
Headquarters: |
Virginia, the United States |
Website: |
https://dxc.com/ |
DXC Technology Company is an international enterprise specializing in information technology (IT) services and solutions. Its portfolio comprises data analytics, business intelligence, cloud consulting, application development, desktop virtualization, mobility management, collaboration tools, and artificial intelligence (AI). In addition to this, the company offers comprehensive managed services to aid organizations in offloading the day-to-day management of their IT infrastructure, applications, and business processes. Moreover, it is focused on innovation to address emerging technology trends, meet rising consumer demands, and deliver value to its customers.
Establishment: |
1984 |
Headquarters: |
Texas, the United States |
Website: |
https://www.dell.com/ |
Dell Technologies, Inc. is an American corporation that provides a wide range of hardware, software, and services to customers across the globe. Its product lineup includes desktops, laptops, workstations, servers, storage solutions, networking products, and accessories. In addition to this, Dell Technologies, Inc. also operates an online retail platform, which allows consumers to browse its diverse product offerings and make purchases. Furthermore, it is engaged in multiple collaborative projects to develop advanced solutions, strengthen its market presence, and attract a new customer base.
Establishment: |
1935 |
Headquarters: |
Tokyo, Japan |
Website: |
https://www.fujitsu.com/ |
Fujitsu Limited is an international information technology (IT) and services company based in Japan. Its portfolio comprises personal computers, servers, storage systems, on-demand IaaS public cloud service, software, and telecommunications equipment. Apart from this, Fujitsu Limited also provides consulting and design services to aid customers in selecting and implementing the most appropriate technological solutions for their specific requirements. Furthermore, it is developing highly efficient and eco-friendly systems that can help reduce energy consumption and improve overall performance.
Establishment: |
1998 |
Headquarters: |
California, the United States |
Website: |
https://www.google.com/ |
Google LLC is a technology corporation specializing in Internet-related services and solutions. Its product lineup includes Google Search, Google Ads, Android, Google Docs, Google Sheets, and Google Slides. Along with this, it also provides various cloud computing services, such as infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Furthermore, Google LLC has formed strategic partnerships with several companies and organizations across the globe to expand its product offerings, increase sales, and attract new customers.
Establishment: |
1911 |
Headquarters: |
New York, the United States |
Website: |
https://www.ibm.com/ |
International Business Machines (IBM) Corporation is an international enterprise that offers hardware, software, and consulting services. Its product lineup is comprised of data and analytics services, enterprise asset management solutions, cloud computing services, artificial intelligence (AI) tools, and the Internet of Things (IoT) platforms. The company is also heavily investing in emerging technologies, such as quantum computing and blockchain, to improve its capabilities, expand its product offerings, and enter emerging markets. Apart from this, IBM is collaborating with leading companies across various industries to strengthen its market presence and acquire new customers.
Establishment: |
1975 |
Headquarters: |
Washington, the United States |
Website: |
https://www.microsoft.com/ |
Microsoft Corporation is a multinational conglomerate that produces well-known software applications, such as Microsoft Office, the Windows operating system, and the Internet Explorer browser. Apart from this, it also offers cloud-based solutions, such as Azure, Microsoft Teams, infrastructure as a service (IaaS), enterprise resource planning (ERP), and customer relationship management (CRM). Furthermore, the company also operates an online retail store, which allows users to conveniently browse its diverse range of products and make online purchases. Moreover, Microsoft Corporation is collaborating with a variety of companies and organizations to offer custom products and services to cater to their specific requirements.
Establishment: |
1977 |
Headquarters: |
Texas, the United States |
Website: |
https://www.oracle.com/ |
Oracle Corporation is an American computer technology enterprise specializing in designing, manufacturing, and distributing software and hardware solutions. It works closely with clients across the automotive, construction, consumer goods, energy, food and beverage (F&B), healthcare, and retail industries. Furthermore, the company is known for its highly efficient cloud-based applications, such as infrastructure as a service (IaaS), enterprise resource planning (ERP), customer experience (CX), supply chain and manufacturing (SCM), and human capital management (HCM). Moreover, Oracle Corporation is engaged in research and development (R&D) projects to meet rising consumer demand and stay competitive.
Establishment: |
1988 |
Headquarters: |
Montabaur, Germany |
Website: |
https://www.ionos.com/ |
IONOS Cloud Inc. is a technology company that provides a wide range of cloud infrastructure and hosting services. Its comprehensive portfolio of cloud platforms includes virtual servers, storage solutions, dedicated servers, networking capabilities, and managed cloud services. Furthermore, the company is focused on simplifying the process of deploying and managing cloud resources for its clients in an attempt to retain customers, enter emerging markets, and increase sales. Moreover, IONOS Cloud Inc. has collaborated with several technology partners to expand its service offerings and provide customers with integrated solutions catering to their specific needs.
Establishment: |
1998 |
Headquarters: |
Texas, the United States |
Website: |
https://www.rackspace.com/ |
Rackspace Technology Global, Inc. is an international cloud technology company that offers expertise and managed services across public and private cloud platforms. It provides comprehensive products and solutions, including hybrid and multi-cloud architectures, data and analytics services, and application development, modernization, and integration services. Furthermore, the company is focused on driving innovation and staying at the forefront of technological advancements by incorporating new technologies, tools, and methodologies to deliver cutting-edge services to its clients. Moreover, it has partnered with leading technology companies across the globe to strengthen its market presence and attract new customers.
Establishment: |
1993 |
Headquarters: |
North Carolina, the United States |
Website: |
https://www.redhat.com/ |
Red Hat Inc. is an international software company that provides open-source solutions to enterprises across the globe. Its portfolio is comprised of infrastructure technologies, cloud computing solutions, storage, middleware, virtualization services, and containerization and Kubernetes platform. Along with this, the company also provides consulting and professional services to assist organizations in planning, implementing, and optimizing their open-source solutions. Furthermore, it has partnered with major cloud service providers to develop innovative solutions and expand its market reach.
Establishment: |
1997 |
Headquarters: |
Harrogate, the United Kindgom |
Website: |
https://www.redcentricplc.com/ |
Redcentric plc is a British information technology (IT) service provider that specializes in network, cloud, and collaboration solutions. Its product lineup includes infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), software-as-a-service (SaaS), and managed network services, such as wide area networks (WAN), local area networks (LAN), software-defined networking (SDN), and network security solutions. The company works closely with clients from healthcare, retail, finance, and professional services. Furthermore, Redcentric plc is adopting emerging technologies and industry best practices to deliver innovative solutions to its customers and build brand loyalty.
Establishment: |
1998 |
Headquarters: |
California, the United States |
Website: |
https://www.vmware.com/ |
VMware, Inc. is a multinational software company that deals in virtualization and cloud computing technologies. Its portfolio includes cloud-native applications, cloud infrastructure, cloud management, security and networking, and anywhere workspace solutions. Along with this, the company also operates an online retail store, which allows customers to make purchases and track orders. Furthermore, VMware, Inc. is developing new and improved software products and services to meet rising user demands and gain advantages over its competitors.
Get an inside look at the global infrastructure as a service (IaaS) market with exclusive insights, including:
About Author:
Shree Basu Senior Content Writer at IMARC Services Private Limited Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
Phone: +1-631-791-1145
Phone: +91-120-433-0800
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
134 N 4th St. Brooklyn, NY 11249, USA
+1-631-791-1145
Level II & III, B-70, Sector 2, Noida, Uttar Pradesh 201301, India
+91-120-433-0800
30 Churchill Place London E14 5EU, UK
+44-753-714-6104
© Copyright IMARC Services Private Limited 2024. All rights reserved. Terms & Conditions | Privacy Policy | SiteMap