Infrastructure as a Service (IaaS) is a model of cloud computing services where clients access virtualized computer resources over the Internet. A cloud provider hosts a Public or Private cloud which the client then accesses for storage or computation purposes. With this model businesses can store data, run applications or even operating systems on these remote servers. IaaS has the benefit of reducing costs related to maintenance and operation of servers which would otherwise be located in an on-premise environment. By establishing a wide geographical network of data centers, IaaS providers can guarantee low-latency operations for their customers. You can find IaaS Market Size, IaaS Market Share, and other trends and statistics below.
IaaS is one of the fastest-growing cloud services markets. The growth is primarily driven by the increasing need for scalable infrastructure without onerous hardware purchases and costly engineering hires. Data volumes and data processing which businesses require to operate continue to grow, and cloud infrastructure is a cost-effective solution to easily grow with workload needs. Digitization across business verticals including finance, government agencies, manufacturing, IT and Telecom sectors have led to the high demand for safety and storage, and processing of business data. The advantages that IaaS offers over traditional IT infrastructure such as ease of deployment, fast accessibility, reliability, simplification of disaster recovery, enriched IT service, flexibility, and scalability of services are some of the factors steering IaaS Market growth.
Market research sources moderately disagree on the IaaS Market Size, moderately disagree on the IaaS Market Share, and agree on the IaaS Market Growth. The cause of disagreement is due to the lack of a standardized definition of IaaS and what types of products should be included. Therefore different sources may have very different perspectives of IaaS market share and IaaS market size. For a complete evaluation of the IaaS market, T4 recommends exploring all available sources. T4 aggregated and organized the data from these sources on the T4 Industry Research Platform. See Each source's view of the IaaS Market, IaaS Market Size, and IaaS Market Share on the T4 Platform.
T4 comprehensively aggregated more than 90 reports from more than 40 publishers covering statistics and trends in the Infrastructure as a Service Market. This includes IaaS Market Size, IaaS Market Share, IaaS Utilization, Revenue by Region, Business Size, Deployment Type, and Industry, and more than 10 additional statistics. The Industry falls under T4's Cloud Computing industry coverage. Industries related to the T4 taxonomy include Cloud IT infrastructure, Cloud Management, Cloud Service Models, Cloud Workloads, Edge Computing, and Fog Computing, Public Cloud, Private Cloud, Hybrid Cloud, Software as a Service (SaaS), and Platform as a Service (PaaS). You can find reports covering these industries on T4’s Platform.Schedule a Demo