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Infrastructure-as-a-Service (IaaS) Market to Reach US$ 859.67 Bn by 2031, TMR Study
ALBANY, N.Y. , March 4, 2022 /PRNewswire/ -- Analysts at Transparency Market Research estimate the infrastructure-as-a-service market to expand at a CAGR of 28.5% during the forecast period from 2021 to 2031. Rising practice of enterprises to rent or lease cloud servers for computing and data storage fuels the growth of the IaaS market.
IaaS is a cloud computing service that enables users to run any operating system or applications on rented servers without incurring their maintenance and operating costs. Infrastructure-as-a service also offers the advantage of providing access to servers to customers that are geographically closer to their end users. IaaS automatically scales both up and down depending on the demand, and provides guaranteed service level agreement in times of uptime and performance.
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Some of the key players operating in the IaaS market are;
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The infrastructure as a service market is segmented as follows;
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Rohit Bhisey
Transparency Market Research
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