The global infrastructure as a service (IaaS) market size was valued at USD 192.71 Billion and is expected to grow at a CAGR of 21.50% in the forecast period of 2025-2034. The market is further expected to reach a value of USD 1.35 trillion. North America is the leading region for the market, whereas the Asia-Pacific is the fastest-growing region in the industry.
Hybrid cloud is dominating the global market with a significantly higher share, whereas the public cloud is expected to witness higher growth in the coming years. DRaaS is projected to have the largest market share as a result of the rising data management disasters including human-made errors and cases of theft of data. The application sector is dominated by the BFSI and IT and telecom sectors.
Key Insights and Trends
- The Asia-Pacific IaaS market is expected to grow at a CAGR of 25.8% over the forecast period.
- The United States market held 48.8% of the North American IaaS market in 2024.
- By component, private cloud IaaS is projected to register a CAGR of 20.4% over the forecast period.
- By application, the retail category is expected to grow at a CAGR of 26.0% during the forecast period.
Market Size & Forecast
- Market Size in 2024: USD 192.71 Billion
- Projected Market Size in 2034: USD 1.35 trillion
- CAGR from 2025 to 2034: 21.50%
- Fast-Developing Regional Market: Asia-Pacific
- Largest Application: Retail
Market Segmentation
Infrastructure as a service (IaaS) refers to a computing infrastructure that is instantaneously distributed and operated over the internet. It is one of four kinds of cloud services, together with software as a service (SaaS), platform as a service (PaaS), and serverless network. Infrastructure as a service (IaaS) helps to avoid the cost and complexity of buying and maintaining your own physical servers as well as other data centre infrastructure.Based on components, the industry can be divided into:
- Private Cloud IaaS Implementation Model
- Public Cloud IaaS Implementation Model
- Hybrid Cloud IaaS Implementation Model
The company size can be classified into:
- Large Enterprises
- Small and Medium Enterprises
Based on service, the market is further segmented into:
- Disaster Recovery as a Service (DRaaS)
- Compute as a Service (CaaS)
- Storage as a Service (STaaS)
- Data Centre as a Service (DCaaS)
- Desktop as a Service (DaaS)
- Application Hosting as a Service
The market can be broadly categorised based on its applications into:
- BFSI
- IT and Telecom
- Media and Entertainment
- Healthcare
- Manufacturing
- Transportation
- Consumer Goods
- Retail
- Others
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
The cost-effectiveness of cloud-based services and the rising quantity of data generated by daily business operations increase the number of companies embracing storage as a service (SaaS), DRaaS, and backup services. Such services allow businesses to store data safely while maintaining the continuity of the business, which is fuelling the global adoption of IaaS. In addition, the increased demand for big data analytics, more SMBs that create new business channels, cost reduction, and business agility are the other driving factors in the global infrastructure as a service (IaaS) industry.Hybrid cloud is dominating the global market with a significantly higher share, whereas the public cloud is expected to witness higher growth in the coming years. DRaaS is projected to have the largest market share as a result of the rising data management disasters including human-made errors and cases of theft of data. The application sector is dominated by the BFSI and IT and telecom sectors.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global infrastructure as a service (IaaS) market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Fujitsu Limited
- Oracle Corporation
- IBM Corporation
- Microsoft Corporation
- Cloudfare, Inc.
- Lumen Technologies, Inc.
- DXC Technology Company
- Virtustream LLC
- Amazon Web Services, Inc.
- VMware, Inc.
- NTT Communications Corporation
- Google LLC
- Others
Infrastructure as a Service (IaaS) Market Report Snapshots
Infrastructure as a Service (IaaS) Companies
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Infrastructure as a Service (IaaS) Market Analysis
6 North America Infrastructure as a Service (IaaS) Market Analysis
7 Europe Infrastructure as a Service (IaaS) Market Analysis
8 Asia-Pacific Infrastructure as a Service (IaaS) Market Analysis
9 Latin America Infrastructure as a Service (IaaS) Market Analysis
10 Middle East and Africa Infrastructure as a Service (IaaS) Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
The key companies featured in this Infrastructure as a Service (IaaS) market report include:- Fujitsu Limited
- Oracle Corporation
- IBM Corporation
- Microsoft Corporation
- Cloudflare, Inc.
- Lumen Technologies, Inc.
- DXC Technology Company
- Virtustream LLC
- Amazon Web Services, Inc.
- VMware, Inc.
- NTT Communications Corporation
- Google LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 173 |
| Published | August 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 192.71 Billion |
| Forecasted Market Value ( USD | $ 1350 Billion |
| Compound Annual Growth Rate | 21.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
