Global Cloud Infrastructure Services Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 65,663.96 million |
Market Size (Forecast Year) |
USD 148,083.96 million |
CAGR |
|
Major Markets Players |
Global Cloud Infrastructure Services Market, By Service (Storage as a Service, Compute as a Service, Backup as a Service, Desktop as a Service, Networking as a Service and Managed Hosting), Deployment (Public Cloud, Private Cloud and Hybrid Cloud), Organization Size (SMEs and Large Enterprises), Vertical (IT and Telecommunications, BFSI, Retail, Energy, Manufacturing, Healthcare, Media and Entertainment and Others) - Industry Trends and Forecast to 2030.
Cloud Infrastructure Services Market Analysis and Size
Increase in cybercrime activities, cost effectiveness, and stringent government regulations drive the global Cloud Infrastructure Services industry. In addition, growing trend of mobile devices at workplaces and rise in electronic data fuel the growth of the cloud infrastructure services market. However, hesitation to share sensitive data restricts the market growth.
Data Bridge Market Research analyses that the global cloud infrastructure services market is expected to reach USD 1,48,083.96 million by 2030, from 65,663.96 in 2022 and is expected to undergo a CAGR of 10.7% during the forecast period of 2023 to 2030. “Storage as a Service” dominates the service segment of the global cloud infrastructure services market due to demand from growing markets. Rising demand for effective and efficient database solutions is expected to influence the growth of cloud infrastructure services market over the forecast period of 2023 to 2030. The rise in the data volumes across the globe is one of the major factors driving the growth of the cloud infrastructure services market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cloud Infrastructure Services Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Service (Storage as a Service, Compute as a Service, Backup as a Service, Desktop as a Service, Networking as a Service and Managed Hosting), Deployment (Public Cloud, Private Cloud and Hybrid Cloud), Organization Size (SMEs and Large Enterprises), Vertical (IT and Telecommunications, BFSI, Retail, Energy, Manufacturing, Healthcare, Media and Entertainment and Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Microsoft (U.S.), Amazon Web Services, Inc. (U.S.), Oracle (U.S.), Alibaba (China), FUJITSU (Japan), Rackspace US, Inc. (U.S.), DigitalOcean, LLC. (U.S.), Verizon (U.S.), VMware, Inc. (U.S.), CenturyLink (U.S.), Bluelock (U.S.), Dimension Data (South Africa), OVHcloud (France), Joyent, Inc. (U.S.), Skytap, Inc. (U.S.), Virtustream (U.S.), DXC Technology Company (U.S.), AT&T Intellectual Property (U.S.), NEC Corporation (Japan), NaviSite, Inc. (U.S.), among others |
Market Opportunities |
|
Market Definition
Cloud infrastructure comprise of all hardware and software components needed to support the delivery of cloud services to the customer and also includes a hardware abstraction layer that enables the virtualization of resources and assisting to drive down costs through economies of scale. Networking equipment, servers and data storage are considered the main physical components of cloud infrastructure.
Global Cloud Infrastructure Services Market Dynamics
Driver
- Rise in the Data Volumes Across the Globe
The rise in the data volumes across the globe, acts as one of the major factors driving the growth of cloud infrastructure services market. The increase in the shift to cloud-based technologies among consumers in order to improve security of data, integrity and delivery of services, and the high internet penetration and smartphone adoptions across the globe, accelerate the market growth. The rise in popularity of the technology because of its ability to decline setup cost that assists in managing and maintenance of backend infrastructure and the increase in cost-savings and ROI further influences the market.
Opportunity
- Urbanization and Digitization, Edge Computing Going Mainstream and Surge in Investments
In addition, urbanization and digitization, edge computing going mainstream and surge in investments positively affect the cloud infrastructure services market. Furthermore, increase in the adoption of hybrid cloud services extends profitable opportunities to the market players in the forecast period of 2023 to 2030.
Restraint/Challenge
- Reluctance of Employees to Upgrade Existing Skills
On the other hand, reluctance of employees to upgrade existing skills and concern over data losses is expected to obstruct the market growth. Compatibility issues with legacy systems and need to manage regulatory and compliance policy needs are projected to challenge the cloud infrastructure services market in the forecast period of 2023 to 2030.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In August 2021, IBM introduced new SASE services capable of delivering cloud security at the edge, closer to the users and devices that access corporate resources. The new SASE services combine capabilities of IBM Security and Zscaler technology, where Zscaler CSPM capability is also integrated with cloud-based SASE architecture
- In May 2021, SecureWorks signed an agreement with NEXTGEN (US) to develop its distribution channel for Taegis XDR in Asia Pacific. Taegis XDR is a cloud-based extended detection and response service that offers security operations expertise and threat intelligence to its customers
Global Cloud Infrastructure Services Market Scope
The global cloud infrastructure services market is segmented on the basis of service, deployment, organization size, and vertical. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service
- Storage as a Service
- Compute as a Service
- Backup as a Service
- Desktop as a Service
- Networking as a Service
- Managed Hosting
Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
Organization Size
- SMEs
- Large Enterprises
Vertical
- IT and Telecommunications
- BFSI
- Retail
- Energy
- Manufacturing
- Healthcare
- Media and Entertainment
- Others
Global Cloud Infrastructure Services Market Region Analysis/Insights
The global cloud infrastructure services market is analyzed and market size insights and trends are provided by service, deployment, organization size, and vertical as referenced above.
The regions covered in the global cloud infrastructure services market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa. The countries covered in the Global Cloud Infrastructure Services Market report are U.S., Canada, Mexico, Brazil, Argentina, the Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa
North America dominates the global cloud infrastructure services market because North America is home to renowned research institutions, universities, and technology companies that conduct cutting-edge research in photonics and integrated circuit technologies. This strong R&D ecosystem fosters innovation and drives advancements in cloud infrastructure services circuits.
Asia-Pacific is expected to be fastest-growing country in the global cloud infrastructure services market due to the Asia-Pacific region has a large and rapidly growing population, along with a significant increase in internet usage and data consumption. This drives the demand for high-speed and efficient communication networks, which can benefit from the use of cloud infrastructure services circuits. PICs are capable of integrating multiple optical components on a single chip, making them well-suited for high-speed data transmission and communication applications.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Cloud Infrastructure Services Market Share Analysis
The global cloud infrastructure services market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the company's focus related to the global cloud infrastructure services market.
Some of the major players operating in the global cloud infrastructure services market are:
- Microsoft (U.S.)
- Amazon Web Services, Inc. (U.S.)
- Oracle (U.S.)
- Alibaba (China)
- FUJITSU (Japan)
- Rackspace US, Inc. (U.S.)
- DigitalOcean, LLC. (U.S.)
- Verizon (U.S.)
- VMware, Inc. (U.S.)
- CenturyLink (U.S.)
- Bluelock (U.S.)
- Dimension Data (South Africa)
- OVHcloud (France)
- Joyent, Inc. (U.S.)
- Skytap, Inc. (U.S.)
- Virtustream (U.S.)
- DXC Technology Company (U.S.)
- AT&T Intellectual Property (U.S.)
- NEC Corporation (Japan)
- NaviSite, Inc. (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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