The global cloud infrastructure services market is expected to grow at a CAGR of 10.7% during the forecast period. The rapid adoption of geographically diverse cloud services and the growing need to automate the operational processes tend to drive the global cloud infrastructure services industry. Moreover, increasing investment in new digital transformation initiatives by the governments increased awareness among enterprises about the benefits of cloud technologies are other factors driving the growth of the market. Furthermore, business continuity requirements are creating a high demand for cloud storage, disaster recovery, and backup services.
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However, there are certain factors that are restraining the growth of the market. Data safety and security concern is estimated to be the major constraint for the growth of the market. Additionally, the high cost of initial investment is estimated to be the major challenge in the growth of the cloud infrastructure services market. Besides these petty constraints, cloud infrastructure services market is yet to explore its full potential. The high adoption rate among SMEs and rising trend of bringing your own device (BOYD) and mobility are developing numerous expansion opportunities for the growth of the market.
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Market Segmentation
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By End-User
- BFSI
- IT and Telecommunication
- Healthcare
- Government & Defense
- Retail
- Others
Regional Analysis
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Amazon Web Services, Inc.
- AT&T, Inc.
- BlueLock, LLC
- Broadcom, Inc.
- Cable & Wireless Communications Ltd.
- CenturyLink, Inc.
- Cisco Systems, Inc.
- Dimension Data Holdings plc
- Equinix, Inc.
- Fujitsu Ltd.
- Geminare Inc.
- Google, LLC
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