Global dedicated local cloud infrastructure as a service ARR 2020-2025
In 2020, annual recurring revenues (ARR) for dedicated local cloud infrastructure as a service (DCIaaS) for compute and storage stood at almost 140 million U.S. dollars. This number is expected to grow to approximately 14 billion U.S. dollars in 2025. The DCIaaS model delivers compute and/or storage resources to individual customers. The resources are consumed as a service and deployed on premise, and the cloud service provider remains the owner of both software and hardware. This also indicates that the service provider is responsible for delivery, maintenance, and updates.