Cloud infrastructure services are proven viable solutions for services or products on demand through delivery models preferred increasingly. This, as a result, drives the cloud infrastructure services market size. Rising adoption of public cloud-based IT services is a major driving force behind the market growth. The market perceives rampant growth, demonstrating a vast growth potential in the future. 

Market Research Future (MRFR), in its recently published analysis, asserts that the global cloud infrastructure services market would reach an exponential valuation by 2023, growing at an impressive CAGR during the forecast period (2017 – 2023). Increasing investments and spending on cloud deployment of enterprise storage systems, networking hardware, databases, applications, and firewalls boost the market share.

Additional factors substantiating the market size include increasing usages of cloud-based applications for data storing and growing numbers of businesses. The cost-effective, cloud-based applications are increasingly adopted among various enterprises due to their and economical data storage advantage. 

The growing usage of the cloud-based application has been encouraging the uptake of this technology among businesses to efficiently manage their IT operations, which, in turn, drives the market growth. On the other hand, factors such as high bandwidth costs, frequent monitoring & control needs, and concerns related to the security and performance management in case of a slow cloud provider network impede the market growth.

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Cloud Infrastructure Services Market – Segmentations

The report is segmented into four major dynamics;

By Design Services: IaaS, PaaS, SaaS, BpaaS, Content Delivery Network/Application Delivery Network, Managed Hosting, and Colocation Hosting.

By Deployment : Public, Private, and Hybrid.

By Verticals : BFSI, Manufacturing, Retail, Energy, Logistics, Research & Development, Media & Entertainment, Education, Healthcare, and others.

By Regions : Americas, Europe, APAC, and Rest-of-the-World.

Cloud Infrastructure Services Market – Regional Analysis

North America dominates the global cloud infrastructure services market. The largest market share attributes to the increase in the adoption of cloud-based IT services among many organizations. Moreover, the presence of major technology providers and heavy investments made by them in IT infrastructure development and R&D Centers for cloud technologies drive the regional market growth. 

Europe accounts for the second-largest market for cloud-Infrastructure services globally. The region shows positive signs towards cloud infrastructure service adoption owing to the availability of some of the best cloud services. Additional factors positively impacting the cloud infrastructure services market growth include the proliferation of advanced technologies, the Internet, and smart connected devices in the region. 

The cloud infrastructure services market in the Asia Pacific region is growing briskly. Factors such as the increasing demand for managed cloud-based infrastructure services like cloud-based enterprise resource planning (ERP) in China, India, and Japan boost the regional market size. Furthermore, redesigning of network and deployment of cloud-based services across various industries in the APAC countries influence the market growth. 

Global Cloud Infrastructure Services Market - Competitive Analysis

Fiercely competitive, the cloud infrastructure services market appears fragmented due to the competitive landscape formed by many notable players along with the new entrants. Product launch, agreement & partnership, M&A, and expansion are some of the strategic initiatives traced from the recent proceedings in the market. 

Major Players

Players leading the cloud infrastructure services market include Microsoft (U.S.), Amazon Web Service (U.S.), IBM (U.S.), Salesforce (U.S.), Google (U.S.), Citric Systems (U.S.), Equinix (U.S.), AT&T Inc. (U.S.), HP (U.S.), and Rackspace Inc. (U.S.), among others.

Industry/ Innovation/ Related News

February 16, 2021 – Tata Communications (India), a leading global digital ecosystem enabler, announced its partnership with Google Cloud to drive its cloud adoption and transform Indian businesses. The partnership would help Tata Communications to further expand its managed public cloud services portfolio with Google Cloud capabilities.  

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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

....

11. Company Profiles

11.1 Amazon Web Service (U.S.)

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Microsoft (U.S.)

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 IBM (U.S.)

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Google (U.S.)

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Rackspace Inc. (U.S.)

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Salesforce (U.S.)

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Citric Systems (U.S.)

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 AT&T Inc. (U.S.)

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Equinix (U.S.),

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 HP (U.S.)

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

...

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