Infrastructure as a Service Market Advanced Technology, Growth and Competitive Analysis up to 2025 Forecast

27th September: The infrastructure as a service (IaaS) market is expected to witness an exponential growth by 2022 with a double digit CAGR. Several growth drivers such as faster implementation, scalability, flexibility, agility as provided by the market, increased competition in the market, increased demand for reducing investments on information technology dependent infrastructures, hardware, increased skilled resources are expected to bolster the growth of this market from 2015 to 2022.

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Infrastructure as a service is a type of cloud computing. Iaas came into picture to pool the resources related to physical computers to virtualization such as servers, load balancers, bandwidth, network connections. For the past two years organizations and enterprises are shown heavy adoption of “service” in the form of cloud infrastructure. These are called cloud service providers or CSPs. Organizations have shown increased adoption because of growing volume of sensitive data which includes several financial transactions, customer details, order requests, invoices to mention a few. In order to manage these huge volume of data organizations have shown increased dependency on next generation technologies such as infrastructure as a service.

By usage of IaaS critical information can be transferred in a matter of seconds across various industry verticals through bring your own devices (BYOD) methods. These improved technology helps the business to focus more on their core operations. Technological advancements have mobility and BYOD usage to increase other than digitalization in numerous sectors. In the forecasted period of 2015 to 2022 it is expected that increased penetration of hybrid cloud technology will drive the infrastructure as service market. This is because once the implementation of hybrid cloud application is phased out, the company can avoid storing the huge volume of data at one place. The storage system gets distributed across the framework.

This helps to protect the company from any form of data loss, breach of privacy and effective disaster management. It also reduces any form of threats such as cyber-attacks or any adverse situation in comparison to public cloud usage. Deploying private cloud is the safest form of data privacy though it very expensive. So application of hybrid cloud implementation is advantageous to the organizations because it comes with low operational costs and strong security measures, data integrity, data confidentiality, business continuity, planning. Adoption of hybrid cloud platform will help reduce organization expenses of storing data based on either on premises or any sort of other deployment modes. Other benefits accounted are faster recovery of data along with protection of physical and virtual operating systems and applications.

This is mainly because of the presence of large number of IaaS and cloud related vendors in this region. This is followed by the Asia Pacific region where there is potential growth in the forecasted period because of large number of small and medium sized business operations. Increase in the trend of digitalization, internet adoption of smart devices will act as growth drivers from this region. The main contributing countries identified are India, china, brazil, Australia, South Korea and Japan. The key players in the market are technological giants such as IBM, CISCO, Wipro, Infosys, AWS, Google, Amazon, CSC, VMware, Rackspace and others.     

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