Global Cloud Infrastructure Services Market Research Report- Forecast to 2027, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects
Global Cloud Infrastructure Services Market Research Report- Forecast to
2027, Global Trends, Size, Share, COVID – 19 Outbreak, Industry
Segments, Regional Study, Top Key Players Profiles and Future Prospects
Market Analysis
The cloud infrastructure services market is predicted to have a healthy CAGR between 2020-
2027, states the recent Market Research Future (MRFR) analysis. Cloud infrastructure, simply
put, is the virtualization of infrastructure over the internet or a network. Cloud infrastructure,
simply put, are the components required for cloud computing that comprises of network
resources, storage, abstracted resources, and hardware. Colocation hosting, managed hosting,
content delivery network/application delivery network, BPaaS, SaaS, PaaS, and laaS are the
different design services. Owing to its alluring features and plentiful benefits, cloud infrastructure
services have wide applications in healthcare, education, media and entertainment, research
and development, logistics, energy, retail, manufacturing, BFSI, and others.
Various factors are propelling the global cloud infrastructure services market share. According to
the recent MRFR report, such factors include increasing digitalization, burgeoning need for
highly scalable models, need to cut-down operational costs, the growing need to maintain IT
infrastructure, and the different benefits such as security, scalability, flexibility, and low costs.
On the contrary, risk of data leakage & data theft and the on-going COVID-19 impact are some
factors that may limit the global cloud infrastructure services market growth over the forecast
period.
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Segmental Analysis
The MRFR report highlights an inclusive segmental analysis of the global
cloud infrastructure services market based on design services, deployment, and
verticals.
By design services, the global cloud infrastructure services market is segmented into
colocation hosting, managed hosting, content delivery network/application delivery
network, BPaaS, SaaS, PaaS, and laaS. Of these, the SaaS infrastructure services
will lead the market over the forecast period.
By deployment, the cloud infrastructure services market is segmented into hybrid,
private, and public. Of these, the public deployment segment will dominate the market
over the forecast period.
By verticals, the global cloud infrastructure services market is segmented into
healthcare, education, media and entertainment, research and development, logistics,
energy, retail, manufacturing, BFSI, and others.
Detailed Regional Analysis
Based on the region, the global cloud infrastructure services market report covers the growth
opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and
the Rest of the World (RoW). Of these, North America will dominate the market over the
forecast period. Increasing adoption of cloud-based IT services, growing investments by
companies in IT infrastructure in R&D of cloud infrastructure, presence of key vendors in the
US, and increasing use of cloud-based services for reducing costs of data centers & promoting
business continuity are adding to the global cloud infrastructure services market growth in the
region.
The cloud infrastructure services market in the APAC region is predicted to grow at a high
CAGR over the forecast period. Growing demand for managed cloud-based infrastructure
services like cloud-based enterprise resource planning in Japan, India, and China, coupled
with the deployment of cloud-based services & redesigning of the network across different
countries, are adding to the global cloud infrastructure services market growth in the region.
The global cloud infrastructure services market in Europe is predicted to have sound growth
over the forecast period, and in the Rest of the World is predicted to have steady growth over
the forecast period.
Competitive Analysis
Leading contenders profiled in the global cloud infrastructure services market report include HP
(U.S.), Rackspace Inc. (U.S.), Equinix (U.S.), AT & T Inc. (U.S.), Citric Systems (U.S.), Salesforce
(U.S.), Google (U.S.), IBM (U.S.), Microsoft (U.S.), and Amazon Web Service (U.S.), among
others. Industry players have incorporated several strategies to stay at the forefront and also
suffice to the surging needs of the customers, such as mergers and acquisitions, partnerships,
joint ventures as well as collaborations, new product launches, geographic expansions, strategic
alliances, contracts, and many others.
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About Market Research Future
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