North America Infrastructure-as-a-Service (IaaS) Market Size, Share & Trends Analysis Report By Enterprise Size, By Component (Computing, Networking, Storage, and Other Component), By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024
Description
North America Infrastructure-as-a-Service (IaaS) Market Size, Share & Trends Analysis Report By Enterprise Size, By Component (Computing, Networking, Storage, and Other Component), By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Infrastructure-as-a-Service (IaaS) Market would witness market growth of 20.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Infrastructure-as-a-Service (IaaS) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $136,831 million by 2031. The Canada market is experiencing a CAGR of 22.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 21.9% during (2024 - 2031).
Infrastructure as a Service, or IaaS, is a cloud computing model and is one of the three primary categories of cloud services, alongside Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). In the IaaS model, cloud service providers deliver fundamental computing resources such as virtual machines (VMs), storage, networking, and computing power on a pay-as-you-go or subscription basis. Unlike traditional IT infrastructure, where businesses own and maintain physical servers and hardware, IaaS enables organizations to rent infrastructure from a cloud provider, eliminating the need for physical hardware management. The infrastructure-as-a-service (IaaS) market has undergone remarkable growth in recent years, becoming one of the most pivotal segments in the rapidly evolving world of cloud computing.
The way businesses grow and maintain their IT infrastructure has been completely transformed by the rise of cloud computing. Before cloud services, companies had to invest in substantial capital expenditures to acquire servers, storage, and networking equipment to support their operations. Maintaining these systems required ongoing costs for hardware upgrades, data center management, and in-house IT staff. However, companies may now transfer the responsibility of managing and owning physical infrastructure because of the development of IaaS. Instead, they can lease these resources from a cloud service provider, paying only for what they use. This shift from capital expenditure (CapEx) to operational expenditure (OpEx) has allowed organizations of all sizes—from startups to enterprises—to scale more efficiently, innovate faster, and focus more on core business operations rather than worrying about the technical complexities of managing hardware.
In Canada, the growth of IaaS is fuelled by government-led digital transformation initiatives and the increasing adoption of big data analytics. Programs like the Digital Charter emphasize the importance of data-driven innovation and secure cloud adoption, encouraging businesses to migrate to scalable IaaS solutions. The healthcare and education sectors are significant contributors to IaaS growth, with institutions using cloud infrastructure for research, data storage, and online services. For example, Shopify, a leading e-commerce platform headquartered in Canada, uses AWS to handle large-scale traffic and streamline its operations, reflecting the nation’s focus on cloud-driven business models. Thus, the regional market is expected to grow rapidly owing to all these factors.
Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Component, the market is segmented into Computing, Networking, Storage, and Other Component. Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Retail & E-commerce, Healthcare, Manufacturing, Education, and Other Industry Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- IBM Corporation
- Google LLC (Alphabet Inc.)
- VMware, Inc. (Broadcom Inc.)
- Cisco Systems, Inc.
- Fujitsu Limited
- Oracle Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Akamai Technologies, Inc.
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
- Computing
- Networking
- Storage
- Other Component
- Public Cloud
- Private Cloud
- Hybrid Cloud
- BFSI
- IT & Telecom
- Retail & E-commerce
- Healthcare
- Manufacturing
- Education
- Other Industry Vertical
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
167 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Infrastructure-as-a-Service (IaaS) Market, by Enterprise Size
- 1.4.2 North America Infrastructure-as-a-Service (IaaS) Market, by Component
- 1.4.3 North America Infrastructure-as-a-Service (IaaS) Market, by Deployment
- 1.4.4 North America Infrastructure-as-a-Service (IaaS) Market, by Industry Vertical
- 1.4.5 North America Infrastructure-as-a-Service (IaaS) Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2024, Nov) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Infrastructure-as-a-Service (IaaS) Market by Enterprise Size
- 5.1 North America Large Enterprises Market by Region
- 5.2 North America Small & Medium Enterprises Market by Region
- Chapter 6. North America Infrastructure-as-a-Service (IaaS) Market by Component
- 6.1 North America Computing Market by Country
- 6.2 North America Networking Market by Country
- 6.3 North America Storage Market by Country
- 6.4 North America Other Component Market by Country
- Chapter 7. North America Infrastructure-as-a-Service (IaaS) Market by Deployment
- 7.1 North America Public Cloud Market by Country
- 7.2 North America Private Cloud Market by Country
- 7.3 North America Hybrid Cloud Market by Country
- Chapter 8. North America Infrastructure-as-a-Service (IaaS) Market by Industry Vertical
- 8.1 North America BFSI Market by Country
- 8.2 North America IT & Telecom Market by Country
- 8.3 North America Retail & E-commerce Market by Country
- 8.4 North America Healthcare Market by Country
- 8.5 North America Manufacturing Market by Country
- 8.6 North America Education Market by Country
- 8.7 North America Other Industry Vertical Market by Country
- Chapter 9. North America Infrastructure-as-a-Service (IaaS) Market by Country
- 9.1 US Infrastructure-as-a-Service (IaaS) Market
- 9.1.1 US Infrastructure-as-a-Service (IaaS) Market by Enterprise Size
- 9.1.2 US Infrastructure-as-a-Service (IaaS) Market by Component
- 9.1.3 US Infrastructure-as-a-Service (IaaS) Market by Deployment
- 9.1.4 US Infrastructure-as-a-Service (IaaS) Market by Industry Vertical
- 9.2 Canada Infrastructure-as-a-Service (IaaS) Market
- 9.2.1 Canada Infrastructure-as-a-Service (IaaS) Market by Enterprise Size
- 9.2.2 Canada Infrastructure-as-a-Service (IaaS) Market by Component
- 9.2.3 Canada Infrastructure-as-a-Service (IaaS) Market by Deployment
- 9.2.4 Canada Infrastructure-as-a-Service (IaaS) Market by Industry Vertical
- 9.3 Mexico Infrastructure-as-a-Service (IaaS) Market
- 9.3.1 Mexico Infrastructure-as-a-Service (IaaS) Market by Enterprise Size
- 9.3.2 Mexico Infrastructure-as-a-Service (IaaS) Market by Component
- 9.3.3 Mexico Infrastructure-as-a-Service (IaaS) Market by Deployment
- 9.3.4 Mexico Infrastructure-as-a-Service (IaaS) Market by Industry Vertical
- 9.4 Rest of North America Infrastructure-as-a-Service (IaaS) Market
- 9.4.1 Rest of North America Infrastructure-as-a-Service (IaaS) Market by Enterprise Size
- 9.4.2 Rest of North America Infrastructure-as-a-Service (IaaS) Market by Component
- 9.4.3 Rest of North America Infrastructure-as-a-Service (IaaS) Market by Deployment
- 9.4.4 Rest of North America Infrastructure-as-a-Service (IaaS) Market by Industry Vertical
- Chapter 10. Company Profiles
- 10.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental Analysis
- 10.1.4 Recent strategies and developments:
- 10.1.4.1 Partnerships, Collaborations, and Agreements:
- 10.1.5 SWOT Analysis
- 10.2 Microsoft Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.5.3 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 IBM Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional & Segmental Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.5.3 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 Google LLC (Alphabet Inc.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 VMware, Inc. (Broadcom Inc.)
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 Cisco Systems, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Acquisition and Mergers:
- 10.6.6 SWOT Analysis
- 10.7 Fujitsu Limited
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.6 SWOT Analysis
- 10.8 Oracle Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Product Launches and Product Expansions:
- 10.8.5.3 Acquisition and Mergers:
- 10.8.6 SWOT Analysis
- 10.9 Alibaba Cloud (Alibaba Group Holding Limited)
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental Analysis
- 10.9.4 Recent strategies and developments:
- 10.9.4.1 Partnerships, Collaborations, and Agreements:
- 10.9.4.2 Product Launches and Product Expansions:
- 10.9.5 SWOT Analysis
- 10.10. Akamai Technologies, Inc.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Research & Development Expense
- 10.10.4 Recent strategies and developments:
- 10.10.4.1 Product Launches and Product Expansions:
- 10.10.4.2 Acquisition and Mergers:
- 10.10.5 SWOT Analysis
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