The Infrastructure As A Service Market size is expected to grow from USD 130.92 billion in 2023 to USD 325.91 billion by 2028, at a CAGR of 20.01% during the forecast period (2023-2028).
IaaS, or Infrastructure as a service, is a cloud computing paradigm that allows businesses to rent servers for remote computing and storage applications while allocating virtualized computing resources to users over the Internet.
The infrastructure-as-a-service market is fragmented and highly competitive due to the presence of various players and increasing demand for IaaS software models. Ongoing research and technological advancements are expected to be the key trends in the global market.
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