The cloud infrastructure as a service (IaaS) market is projected to grow at a CAGR of 15.43% to be valued at US$288.41 billion in 2030 from US$140.73 billion in 2025.
Infrastructure as a Service (IaaS) is a standardized, highly automated cloud computing service in which a service provider's computing resources, supported by storage and networking capabilities, are made available to clients on demand. Under an IaaS service model, a cloud provider hosts the infrastructure components that would typically be found in an on-premises data center. This includes the virtualization or hypervisor layer, as well as servers, storage, and networking equipment.
Low costs, scalability, flexibility, and security are the key growth drivers for the market. Cloud infrastructure service offerings provide faster Time-to-Market (TTM) and application development and deployment procedures. Furthermore, the growing demand for companies to reduce operating expenses and IT infrastructure maintenance is driving the use of cloud infrastructure services.
Several industries, including banking, financial services and insurance (BFSI), government and education, healthcare, information technology and telecommunications (IT&T), retail, manufacturing, media and entertainment, and others, are embracing IaaS due to benefits such as lower costs and increased reliability and scalability. Due to the huge benefits of cloud computing, such as data analytics, AI-driven analytics using machine and deep learning algorithms, agility, and scale, the banking sector, in particular, has seen a significantly higher rate of IaaS adoption. Banking companies can swiftly make adjustments and add new features owing to cloud computing.
Concerns regarding privacy and data protection are expected to hinder the expansion of the cloud IaaS market. Data leaks, compromised accounts, authentication bypass, interface and API hacking, cyberattacks, permanent data loss, lack of understanding of cloud capabilities, application vulnerabilities, and exploitation of cloud services are all common IaaS security risks. On June 20, 2021, a CVS Health cloud database misconfiguration left over a billion records exposed. A total of 1,148,327,940 records belonging to CVS Pharmacy and Aetna were identified, which contained information like Visitor ID, Session ID, and device information.
The global Cloud Infrastructure as a Service (IaaS) Market report provides a comprehensive analysis of the industry landscape, offering strategic and executive-level insights supported by data-driven forecasts and analysis. This regularly updated report equips decision-makers with actionable intelligence on current market trends, emerging opportunities, and competitive dynamics. It evaluates demand across various deployment models, including Public, Private, Hybrid, and Community infrastructure, while exploring key applications such as Testing and Development, Big Data Analytics, File Storage, and others. The report also examines market segmentation by end-user industry, covering sectors like BFSI, Healthcare, Education, Communication and Technology, Media and Entertainment, Retail, Government, and others. Additionally, it investigates technological advancements, key government policies, regulations, and macroeconomic factors, delivering a holistic view of the Cloud IaaS market.
Cloud Infrastructure as a Service (IaaS) Market Segmentation by deployment model
The market is analyzed by deployment model into the following:
Cloud Infrastructure as a Service (laaS) Market Segmentation by application
The report analyzes the market by application as below:
Cloud Infrastructure as a Service (IaaS) Market Segmentation by end-user industry
The report analyzes the market by end-user industry as below:
Cloud Infrastructure as a Service (laaS) Market Segmentation by regions:
The study also analysed the Cloud Infrastructure as a Service (laaS) Market into the following regions, with country level forecasts and analysis as below:
The global Cloud Infrastructure as a Service (laaS) Market features key players such as Amazon Web Services, Microsoft Azure, IBM, Google, Salesforce.com, Adobe, SAP, Rackspace, Alibaba, and Huawei among others.
This report provides extensive coverage as explained in the points below:
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| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Report Metric | Details |
| Cloud Infrastructure as a Service Market Size in 2025 | US$140.73 billion |
| Cloud Infrastructure as a Service Market Size in 2030 | US$288.41 billion |
| Growth Rate | CAGR of 15.43% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Cloud Infrastructure as a Service Market |
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| Customization Scope | Free report customization with purchase |