The Infrastructure-as-a-Service Market is expected to reach $411.9 billion by 2030 from an estimated USD 99,088.5 million in 2023, at a CAGR of 22.6% during the forecast period. The growth of the infrastructure-as-a-service market is driven by the growing adoption of cloud infrastructure in the BFSI sector and enterprises’ increasing preference for IaaS over conventional on-premise services. However, the data privacy & security concerns restrain the growth of this market.
The growing adoption of cloud technologies among SMEs is expected to create growth opportunities for the players operating in the infrastructure-as-a-service market. However, the shortage of skilled IT professionals poses a major challenge for market growth.
Here are the top 10 companies operating in the Infrastructure-as-a-Service Market
Google LLC (A Subsidiary of Alphabet, Inc.)
Founded in 1998 and headquartered in California, U.S., Google LLC is a technology company that offers solutions & services such as artificial intelligence, online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, and consumer electronics. The company provides Google Cloud solutions that include IaaS, PaaS, and SaaS products, allowing enterprises to mix and match these services into combinations according to their environment.
These technologies at Google Cloud come in as pre-trained ML models and are available immediately through APIs. The computing infrastructure in predefined or custom machine sizes accelerates cloud transformation. The company provides IaaS solution Google Compute Engine to offer predefined and custom machine types and Google Cloud Storage to offer storage services.
Google has a strong geographic presence across the United States, EMEA, APAC, and Other Americas through its subsidiaries and strong distribution network. Some of its subsidiaries are Google (Thailand) Company Limited (Thailand), Google UK (U.K.), Google Australia Pty Ltd (Australia), and Google International LLC (U.S.).
Amazon Web Services, Inc. (A Subsidiary of Amazon.com, Inc.)
Founded in 1994 and headquartered in Washington, U.S., Amazon Web Services, Inc. is a global provider of computing platforms and APIs to individuals, companies, and governments. The products are offered on a metered and pay-as-you-go basis. The company operates in the market through three business segments: North America, International, and AWS. The company offers IaaS, including networking features, computers (virtual or on dedicated hardware), and data storage space. The largest enterprises, fastest-growing start-ups, and government agencies use AWS IaaS solutions due to the low cost, better agility, and to innovate faster.
Amazon has a strong geographic presence across the United States, Germany, the U.K., Japan, and the Rest of The World through its subsidiaries and strong distribution network. Some of its subsidiaries are Amazon Connect Technology Services (Beijing) Co., Ltd. (China), CloudEndure LLC (U.S.), ClearSky Data, Inc. (U.S.), Elemental Technologies LLC (U.S.), TeamSQL, Inc. (Turkey), Peritor GmbH (Germany), TSO Logic, Inc. (U.S.), and Thinkbox Software Inc. (U.S.).
Founded in 1975 and headquartered in Washington, U.S., Microsoft Corporation is a technology company. The company offers cloud-based solutions to help drive small business productivity, large business competitiveness, and public-sector efficiency. The company’s Azure platform offers various services, including IaaS, PaaS, and SaaS, on Microsoft’s cloud platform. The Azure platform is used to manage the infrastructure and eliminate the cost and complexity of buying and managing physical servers and data center infrastructure. The company operates in the market through three business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
Microsoft has a strong geographic presence across the United States and Other Countries through its subsidiaries and strong distribution network. Some of its subsidiaries are Avanade (U.S.), Nuance Communications, Inc. (U.S.), and Skype Technologies S.A.R.L (U.K.).
Founded in 1977 and headquartered in California, U.S., Oracle is a global provider of products and services that address enterprise information technology (IT) environments. The products & services include enterprise applications & infrastructure offerings to deliver a variety of flexible and interoperable IT deployment models. The IT deployment models include on-premise, cloud-based, and hybrid deployments. Oracle operates in the market through three business segments: Cloud and license, Hardware, and Services.
The company offers its products & services to government agencies, educational institutions, resellers, and other industries. Oracle technologies, including Oracle Cloud Infrastructure (OCI), provide customers with the ability to build, deploy, run, manage, and support their internal and external products, services, and business operations. The company’s portfolio of infrastructure technologies is designed to address an organization’s IT environment needs, including business process, infrastructure, and application development requirements.
Oracle has a strong geographic presence across the Americas, EMEA, and Asia Pacific through its subsidiaries and a strong distribution network. Some of its subsidiaries are Oracle Corporation Japan (Japan), Textura Corporation (U.S.), and TOA Technologies (U.S.).
Founded in 1911 and headquartered in New York, U.S., IBM Corporation is a technology company that manufactures and sells computer hardware, middleware, and software. The company provides solutions for cloud computing, artificial intelligence, IoT, IT infrastructure, mobile, digital workplace, and cyber-security. IBM offers a full-stack cloud platform with a full IaaS layer of virtualized compute, network, and storage. The company provides IaaS solutions such as IBM cloud bare metal servers, virtual servers, and cloud storage services. IBM operates in the market through four business segments: Software, Consulting, Infrastructure, and Financing.
IBM has a strong geographic presence across the Americas, Europe/Middle East/Africa, and Asia Pacific through its subsidiaries and a strong distribution network. Some of its subsidiaries are IBM Cloud Object Storage (U.S.), IBM India Private Limited (India), and Fiberlink Communications Corporation (U.S.).
Meticulous Research in its latest publication on Infrastructure-as-a-Service Market has predicted the growth of 22.6% during the forecast year 2023-2030.
Cisco Systems, Inc.
Founded in 1984 and headquartered in California, U.S., Cisco Systems, Inc. is one the leading networking companies that offer a broad range of technologies that power the internet. The company develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products. The company employs intent-based technologies across networking, security, collaboration, applications, and the cloud, which continuously learns and adapts to provide customers with a highly secure, intelligent platform for digital transformation. Cisco operates in the market through two business segments: Product and Service.
Cisco provides platforms for networking, security, collaboration, applications, and the cloud. Organizations use Cisco’s Infrastructure as a Service (IaaS) to accelerate their business by enabling the enterprise-class hybrid cloud. The solution delivers better service, security, and support to enterprises.
The company has a geographical presence across the Americas, EMEA, and APJC through its subsidiaries and a strong distribution network. Some of its subsidiaries are BGPmon Network Solutions Inc. (Canada), Airespace Wireless Networks Private Limited (India), and Cisco Systems Holding GmbH (Germany).
Alibaba Cloud (A Subsidiary of Alibaba Group Holding Limited)
Founded in 2009 and headquartered in Hangzhou, China. Alibaba is a cloud computing company. The company provides cloud computing and artificial intelligence solutions for enterprises, developers, and government organizations. The cloud solution provides reliable and secure cloud computing and data processing capabilities. The company also provides services such as online registration, cloud migration, and other cloud services. Alibaba has a strong geographical presence across North America, Asia-Pacific, Europe, and the Middle East through its subsidiaries and strong distribution network.
Huawei Technologies Co., Ltd. (A Subsidiary of Huawei Investment & Holding Co., Ltd.)
Founded in 1987 and headquartered in Shenzhen, China, Huawei Technologies Co., Ltd. is an information and communication technology company. The company offers technology, innovation, and expertise in the IT infrastructure field. The company specializes in the communication field, comprising intelligent terminals and storage, networks, and computing fields. The company provides its cloud solution for consumers, operators, and enterprises.
Huawei Investment & Holding Co., Ltd. (China) is the parent company of Huawei Technologies Co., Ltd. (China). The company operates in the market through four segments: Carrier Business, Enterprise Business, Consumer Business, and Other.
With its subsidiaries and a strong distribution network, the company has a strong geographical presence across China, EMEA, Asia Pacific, and the Americas. Some of its subsidiaries include Shanghai Huawei Technologies Co., Ltd. (China), Huawei Technologies Deutschland GmbH (Germany), Huawei Machine Co., Ltd. (China), and Beijing Huawei Digital Technologies Co., Ltd. (China).
Founded in 1972 and headquartered in Walldorf, Germany, SAP is a software company that develops enterprise software to manage business operations and customer relations. The company develops technology solutions such as cloud connectivity, artificial intelligence, machine learning, big data, industrial internet of things (IIoT), digital twins, additive printing, virtual reality (VR) and augmented reality (AR), blockchain, and modern databases (In-memory databases and modern ERP systems).
SAP operates in the market through two business segments: Applications, Technology & Services, and Qualtrics. The company offers cloud and software solutions. The solutions include Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS). The company offers IaaS solutions through its SAP HANA Enterprise Cloud.
SAP has a strong geographical presence across EMEA, the Americas, and APJ through its subsidiaries and strong distribution network. Some of its subsidiaries are SAP Japan Co., Ltd. (Japan), SAP India Pvt. Ltd. (India), SAP National Security Services, Inc. (U.S.), and SAP Australia Pty Ltd (Australia).
Founded in 1998 and headquartered in California, U.S., VMware is a leading provider of multi-cloud solutions and services. The company offers solutions for all apps, enabling digital innovation with enterprise control. The company offers IaaS solutions such as VMware Cloud Provider Program (“VCPP”) for public cloud deployment, integrated with on-premises solutions. VMware operates in the market through three business segments: License, Subscription and SaaS, and Services.
The company develops and markets IT management & automation and IaaS offerings, including software-defined networking, VCPP-integrated virtual desktop & mobile device, multi-cloud, and SaaS. This will allow customers to transform their IT systems in the cloud.
With its subsidiaries and strong distribution network, the company has a strong geographical presence across the U.S. and other countries. Some of its subsidiaries include Avi Networks International, Inc. (U.S.), CloudHealth Technologies, LLC (U.S.), VMware Information Technology (China) Co. Ltd (China), and VMware France SAS (France).
Authoritative Research on the Infrastructure-as-a-Service Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
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