Infrastructure as a Service - Worldwide

  • Worldwide
  • Revenue in the Infrastructure as a Service market is projected to reach US$154.70bn in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2028) of 18.39%, resulting in a market volume of US$359.80bn by 2028.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$44.44 in 2023.
  • The global market share of Amazon Web Services was 37% in 2021.
  • In global comparison, most revenue will be generated in the United States (US$65,960.00m in 2023).

Key regions: United States, Japan, United Kingdom, Italy, France

Region comparison

Analyst Opinion

The growth in the Infrastructure as a Service (IaaS) segment is predominantly driven by the increasing demand for cost-effective, flexible, and scalable IT Infrastructure. The rising adoption of cloud-based infrastructure services in various industries is expected to further drive this growth, particularly in emerging economies.

Even with the COVID-19 pandemic, this segment has grown more than 30% over the past five years. This growth can be credited to the flexibility offered by the adoption of hybrid or public cloud infrastructure over on-premises or private cloud infrastructure. A major part of the segment’s revenue, nearly 60%, is generated from technologically advanced countries in North America and Europe.

Over the next five years, the overall market is expected to grow by more than 10% each year, despite challenges in market saturation, security concerns, and lack of proper IT infrastructure in emerging economies.


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.


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.


  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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