Cloud Infrastructure Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Cloud Infrastructure Market: By Type (Hardware and Services), By End User (Banking, Financial, Services and Insurance (BFSI), Consumer Goods & Retail, Telecommunications & ITES, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, Business & Consulting Services and Others) and Geography

 

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Report

Description

Cloud Infrastructure Market size was valued at 236.71 Billion in 2021 and is estimated to reach 624.83 Billion by 2028, at a CAGR of 12.9% during the forecast period 2022 to 2028. Increase in demand for cloud computing, cost saving from buying physical storage devices, reduction in infrastructure cost, need for disaster protection and new era of functionality are some key factors influencing the market growth. However, factors such as legal/regulatory issues and migration from legacy systems are restricting the market growth. Cloud computing is becoming an adoptable technology for many of the organizations with its dynamic scalability and usage of virtualized resources as a service through the Internet. Cloud computing uses the Internet and central remote servers to maintain data and applications. As know that at present the e- commerce services opportunity to utilize pay-as-you-go resources together with their own and shared resource in the fields of IT. Global cloud infrastructure market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Aug 2019, Dell Technologies Cloud Advancements launched New Kubernetes Support and Hybrid Cloud Infrastructure Options. Dell Technologies Cloud delivers this consistent hybrid cloud experience, now with additional infrastructure options to meet a wider variety of unique requirements. Customers also now can better align their developers and operations teams by supporting Kubernetes and cloud native development along with traditional applications in a single platform, supported wherever their applications reside.

Cloud Infrastructure Market

MARKET SUMMARY
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12.9% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 12.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Cloud Infrastructure Market

  • Global Cloud Infrastructure market report gives comprehensive outlook on cloud infrastructure across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global cloud infrastructure market gives historical, current, and future market sizes (US$ Bn) on the basis of type, end user and region.
  • This report studies global cloud infrastructure market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global cloud infrastructure market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global cloud infrastructure products.
Market Key Players
  • Hewlett Packard Enterprise Co (US)
  • Dell Inc. (US)
  • Cisco SystemsInc. (US)
  • EMC Corporation (US)
  • IBM Corporation (US)
  • Amazon Web Services (US)
  • com (US)
  • Alphabet Inc. (US)
Growth

Cloud Infrastructure Market

Cloud infrastructure will bring in a new era of functionality and opportunity by enabling organizations to do things which were not possible before. Cloud computing has been an important term in the world of information technology (IT). Cloud computing is a kind of computing which is highly scalable and use virtualized resources that can be shared by the users. The cloud infrastructure helps smaller organizations to gain access to computing capabilities. Cloud computing is the computing that provides virtualized IT resources as a service by using Internet technology. In cloud computing, a customer lends IT resources as needed, uses them, get a support of real-time scalability according to service load, and pays as he/she goes.


Asia-Pacific Got Significant Share

Cloud Infrastructure Market

Asia Pacific accounted for larger revenue share in global cloud infrastructure market with considerable CAGR. The growth in this region can be attributed to rising need for speedy and low-cost service delivery processes and complete security while operating in cloud environments. The region has experienced a sudden boom in the last two to three years. Most of the developing countries in Asia-Pacific region are experiencing high growth rates, fueled by rapid expansion of domestic industries. The surge in growth is anticipated owing to technological advancements, along with mandatory regulations imposed upon by government regulatory entities to adopt the best in class technology and standards. Also, China held considerable market share during estimated period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Global cloud infrastructure market expanding at significant CAGR over 2022 to 2028 owing to increase in demand for cloud computing.
  • Based on type, hardware segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Cloud Infrastructure market

Key

Key Features of the Report

Cloud Infrastructure Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Hewlett Packard Enterprise Co (US)
  • Dell Inc. (US)
  • Cisco SystemsInc. (US)
  • EMC Corporation (US)
  • IBM Corporation (US)
  • Amazon Web Services (US)
  • Alphabet Inc. (US)
  • Intel Corporation (US)
  • Lenovo group Limited (China)
  • AT&TInc. (US)
  • Oracle Corporation (US)
  • Quanta Computer Inc. (Taiwan)
  • Foxconn Technology Group (Taiwan)
  • Rackspace HostingInc. (US)

Description

Cloud Infrastructure Market size was valued at 236.71 Billion in 2021 and is estimated to reach 624.83 Billion by 2028, at a CAGR of 12.9% during the forecast period 2022 to 2028. Increase in demand for cloud computing, cost saving from buying physical storage devices, reduction in infrastructure cost, need for disaster protection and new era of functionality are some key factors influencing the market growth. However, factors such as legal/regulatory issues and migration from legacy systems are restricting the market growth. Cloud computing is becoming an adoptable technology for many of the organizations with its dynamic scalability and usage of virtualized resources as a service through the Internet. Cloud computing uses the Internet and central remote servers to maintain data and applications. As know that at present the e- commerce services opportunity to utilize pay-as-you-go resources together with their own and shared resource in the fields of IT. Global cloud infrastructure market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Aug 2019, Dell Technologies Cloud Advancements launched New Kubernetes Support and Hybrid Cloud Infrastructure Options. Dell Technologies Cloud delivers this consistent hybrid cloud experience, now with additional infrastructure options to meet a wider variety of unique requirements. Customers also now can better align their developers and operations teams by supporting Kubernetes and cloud native development along with traditional applications in a single platform, supported wherever their applications reside.

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