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Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Key regions: United Kingdom, China, France, Netherlands, Germany
The Infrastructure as a Service market in Slovakia is experiencing significant growth and development in recent years.
Customer preferences: Slovakia is witnessing an increasing demand for Infrastructure as a Service (IaaS) solutions due to several factors. Firstly, businesses in Slovakia are increasingly looking to shift their IT infrastructure to the cloud in order to reduce costs and improve scalability. IaaS offers a cost-effective solution as it eliminates the need for businesses to invest in and maintain their own physical infrastructure. Additionally, the scalability of IaaS allows businesses to easily scale their resources up or down based on their needs, providing them with the flexibility to adapt to changing market conditions.
Trends in the market: One of the key trends in the IaaS market in Slovakia is the growing adoption of hybrid cloud solutions. Businesses are recognizing the benefits of combining public and private cloud infrastructure to create a hybrid environment that meets their specific needs. This allows them to leverage the benefits of both public and private clouds, such as cost savings, scalability, and security. The demand for hybrid cloud solutions is driven by the need for businesses to have greater control over their data and applications, while still taking advantage of the scalability and cost-effectiveness of public cloud services. Another trend in the IaaS market in Slovakia is the increasing focus on data security and compliance. As businesses rely more on cloud infrastructure, they are becoming more concerned about the security and privacy of their data. This has led to a growing demand for IaaS providers that can offer robust security measures and compliance with data protection regulations. Providers that can demonstrate strong security practices and compliance with regulations are likely to gain a competitive edge in the market.
Local special circumstances: Slovakia is a small market with a relatively low level of cloud adoption compared to other European countries. However, the government has recognized the importance of cloud computing for the country's digital transformation and has implemented initiatives to promote its adoption. For example, the government has launched the Slovak Cloud project, which aims to create a secure and reliable cloud infrastructure that can be used by both public and private organizations. This initiative is expected to drive the adoption of IaaS solutions in the country.
Underlying macroeconomic factors: The growth of the IaaS market in Slovakia is also influenced by macroeconomic factors. The country's strong economic growth and increasing investment in technology infrastructure are creating favorable conditions for the adoption of cloud services. Additionally, the availability of high-speed internet connectivity and a skilled workforce in the IT sector are contributing to the growth of the IaaS market. As businesses in Slovakia continue to embrace digital transformation and seek more efficient and cost-effective IT solutions, the demand for IaaS is expected to further increase in the coming years.
Data coverage:
The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)