In the world of IT, infrastructure is the hardware that allows computers to function. This includes servers, hard drives and wires that connect devices. Before cloud computing became an option, organizations had to invest heavily in the equipment necessary to host applications and data. In infrastructure-as-a-service (IaaS), a third-party provider offers compute resources such as servers, data storage and networking equipment on demand over the Internet. This eliminates the need for physical servers and on-premises data centers, and allows organizations to scale up or down their infrastructure quickly and cost-effectively.
Market Dynamics:
The growing number of SMEs adopting cloud technologies and rising demand for cost-effective solutions are expected to fuel growth of the global infrastructure-as-a-service market. The market is also bolstered by the presence of large IT industries in developed countries.
However, factors such as concerns regarding data privacy and security are expected to hamper growth of the market in the coming future.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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