Cloud Infrastructure Services Market Synopsis:
Cloud infrastructure refers to the virtualization of infrastructure over the internet or other networking technology. This Market Research Future (MRFR) report observes that the global cloud infrastructure services market is expected to mark a substantial CAGR over the forecast period 2018 to 2023. The rising adoption of connected workplaces is anticipated to lead the proliferation of the cloud infrastructure services market over the next couple of years.
The development in cloud technologies, such as the emergence of hybrid cloud services, public cloud services, etc. is prognosticated to dictate the growth of the market in the foreseeable future. In addition, the advent of technological innovations such as serverless cloud computing and cloud disaster recovery, etc. are further projected to drive the growth of the Cloud Infrastructure Services Market in the forthcoming years. Meanwhile, factors such as high bandwidth costs, security concerns, etc. can pose challenges to market players over the evaluation period.
Cloud Infrastructure Services Market Competitive Dashboard:
Amazon Web Service (U.S.), IBM (U.S.), Microsoft (U.S.), Google (U.S.), Citric Systems (U.S.), Salesforce (U.S.), AT&T Inc. (U.S.), Rackspace Inc. (U.S.), Equinix (U.S.), and HP (U.S.) are few of the top-notch players operating in the global cloud infrastructure services market.
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These players are investing in cutting edge technologies for the development of advanced portfolios. This, in turn, is anticipated to catalyze competition among the players of the market over the next couple of years.
These players are also investing in the expansion of their regional footprints to gain an edge over other players. It is expected to intensify competition in the cloud infrastructure services market in the coming years. Some of the inorganic growth approaches to be used by key players for staying ahead of the curve are – mergers & acquisitions, strategic alliances, collaborations, agreements, etc.
Cloud Infrastructure Services Market Segmentation:
- By design services, the cloud infrastructure services market has been segmented into IaaS, SaaS, PaaS, BPaaS, managed hosting, content delivery network/application delivery network, and colocation hosting.
- Based on deployment, the cloud infrastructure services market has been segmented into hybrid, private, and public.
- Based on vertical, the cloud infrastructure services market has been segmented into BFSI, retail, energy, manufacturing, logistics, media and entertainment, education, research and development, healthcare, and others.
Cloud Infrastructure Services Market Regional Analysis:
The regional evaluation of the global cloud infrastructure services market is included in this analysis on the basis of region and country. The regional segments of the market are – Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW). North America is one of the leading users of cloud infrastructure services.
The rising adoption of the technology in the region is anticipated to become the primary driver of the cloud infrastructure services market in the forthcoming years. Meanwhile, Asia Pacific is set to register the fastest growth rate in the forthcoming years. Increasing demand for cloud-based services in the region is projected to dominate the growth trajectory of the global market in the foreseeable future. The regional market exhibits immense growth potential for the next few years.
Cloud Infrastructure Services Industry News:
In October 2019, Notion Capital, based out of the U.K., has announced the launch of Notion Capital Venture Fund IV, its newest fund which is focused on B2B Software as a Service (SaaS) industry.
In October 2019, Exchange Solutions, a customer engagement solutions provider, has announced several SaaS capability advancements for its loyalty platform.
In October 2019, Commvault, data protection, and information management software company, has announced the opening of its cloud-native data protection venture, Metallic.
In October 2019, IoT solutions provider SoftChef collaborated with blockchain startup company BiiLabs for the launch of M2M (machine-to-machine) encrypted IoT data, which is a blockchain-based software as a service (SaaS) platform
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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List of Tables
Table1 World Population by Major Regions (2018 To 2023)
Table2 Global Cloud Infrastructure Services Market: By Country, 2018-2023
Table3 North America Cloud Infrastructure Services Market: By Country, 2018-2023
List of Figures
Figure 1 Global Cloud Infrastructure Services Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Cloud Infrastructure Services Market
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