Infrastructure as a Service (IaaS) Providers Statistics 2024 – Everything You Need to Know

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Are you looking to add Infrastructure as a Service (IaaS) Providers to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Infrastructure as a Service (IaaS) Providers statistics of 2024.

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Best Infrastructure as a Service (IaaS) Providers Statistics

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Infrastructure as a Service (IaaS) Providers Benefits Statistics

  • No surprise that we found that 65 percent of senior IT executives believe security and compliance risk are the greatest barriers to realizing the benefits of cloud. [0]

Infrastructure as a Service (IaaS) Providers Usage Statistics

  • Amazon’s 28.7% growth was slightly slower than that of the market, with their sales growth primarily reflecting increased customer usage. [1]

Infrastructure as a Service (IaaS) Providers Market Statistics

  • the IaaS cloud market are Dell, HPE, Inspur, Cisco, and Lenovo, representing around 45 percent of the market combined. [2]
  • The global infrastructure as a service market was valued at $51.3 billion in 2020, and is projected to reach $481.8 billion by 2030, growing at a CAGR of 25.3% from 2021 to 2030. [3]
  • The global infrastructure as a service market was valued at $51.28 billion in 2020, and is projected to reach $481.83 billion by 2030, growing at a CAGR of 25.3% from 2021 to 2030. [3]
  • market grew 40.7% in 2020 to total $64.3 billion, up from $45.7 billion in 2019, according to Gartner,. [1]
  • In 2020, the top five IaaS providers accounted for 80% of the market, and nearly 90% all IaaS providers exhibited growth. [1]
  • Amazon continued to lead the worldwide IaaS market with $26.2 billion of revenue in 2020 and 41% market share. [1]
  • Amazon’s 28.7% growth was slightly slower than that of the market, with their sales growth primarily reflecting increased customer usage. [1]
  • Microsoft maintained the No. 2 position in Gartner’s IaaS market share with nearly 60% growth, reaching $12.7 billion in revenue in 2020. [1]
  • After its second consecutive year of over 200% growth in the IaaS market, Huawei broke into the top five IaaS vendors for the first time in 2020, with $2.7 billion in revenue. [1]
  • Over 90% of this revenue comes from Greater China, a region that continues to see rapid cloud market growth. [1]
  • It dominated 40.8% of the worldwide IaaS public cloud market share in 2020. [4]
  • With rising competition, the share held by AWS has shrunk; back in 2016, AWS commanded 54% of the IaaS market. [4]
  • With a nearly 60% growth, Microsoft captured close to 20% of the market in 2020, a significant jump from 8.7% in 2016. [4]
  • In 2020, Alibaba Cloud ranked third globally in the global IaaS market with a 9.5% share. [4]
  • Alibaba Cloud is the market leader in Asia Pacific and China where it dominates 40% of the market share. [4]
  • Google has managed to more than double its market share from about 2.7% during the year 2016 to 6.1% in 2020. [4]
  • Huawei made to the top five IaaS list after witnessing an over 200% growth in the IaaS market for two consecutive years. [4]
  • During 2020, Huawei captured 4.2% of the IaaS market. [4]
  • With China, Huawei Cloud holds the second largest market share at 17%. [4]
  • Cloud computing is a fast growing market; it is estimated that the public cloud spending will exceed 45% of all enterprise IT spending by 2026, up from less than 17% in 2021. [4]
  • Thanks to an expanding portfolio of SaaS and SISaaS offerings, Microsoft now shares the top position with Amazon Web Services in the whole public cloud services market with both companies holding 12.8% revenue share for the year. [5]
  • While the overall public cloud services market grew 24.1% in 2020, consistent with the past four years, the IaaS and PaaS segments have consistently grown at much faster rates. [5]
  • The SaaS apps market is dominated by a longtail of providers that account for 65% of the total market,” said Frank Della Rosa, research director, SaaS and Cloud Software. [5]
  • In the combined IaaS, SISaaS and PaaS market, the top 5 companies captured over 51% of global revenues. [5]
  • Combined, these SaaS vendors account for 51% of the worldwide SaaS cloud market share. [6]
  • Leading the way is Microsoft, with a 17% market share and impressive annual growth of 34%. [6]
  • Salesforce comes next with 12% SaaS market share and annual growth of 21%. [6]
  • Followed closely by Adobe, with a 10% SaaS market share and an annual growth of 29%. [6]
  • Next is SAP, closing on the vendors above thanks to a 6% SaaS market share and a 39% reported annual growth – highest of the top five vendors. [6]
  • Lastly is Oracle, also taking a 6% market share and reporting annual growth of 29%. [6]
  • The next ten vendors account for another 26% of the SaaS market, with a reported 26% growth. [6]
  • As the current SaaS market only accounts for approximately 20% of total enterprise software spending. [6]
  • According to Gartner, the market is dominated by five vendors who account for nearly 80% of worldwide IaaS cloud market share in 2018. [6]
  • With a market share at 15.5%, Gartner estimates Azure annual revenues of $5 billion and a growth of 60.9% in 2018, boosting Azure market share. [6]
  • In 2019, Microsoft looks set to claim AWS market share, reporting H1 YoY growth of 70% in Azure revenues. [6]
  • Owning a 7.7% public cloud market share according to Gartner, Alibaba has annual revenues of $2.49 billion, and impressive growth of 92.6% in 2018. [6]
  • Google’s Cloud Platform is estimated by Gartner to command a public cloud market share of 4%, with annual revenues of $1.3 billion and growth of 60% in 2018. [6]
  • According to Gartner, IBM owns a 1.8% market share with annual revenues of $577 million and a growth of 24.% in 2018. [6]
  • In 2019, the PaaS market is forecast to generate in excess of $20 billion according to Gartner. [6]
  • The PaaS market is expected to grow 26.6 percent in 2021 , Gartner forecasts, stating that the growth is driven by remote workers needing access to ‘to high performing, content rich and scalable infrastructure to perform their duties’. [0]
  • The number is expected to grow by 32 percent each year Competition between SaaS companies has led to a wide array of inexpensive solutions that ensure public cloud services will dominate the market for years to come. [0]
  • By 2025, the global market value of AI is estimated to surpass $89 billion annually , meaning that organizations that don’t embrace this trend will find themselves lagging behind their competition. [0]

Infrastructure as a Service (IaaS) Providers Software Statistics

  • As the current SaaS market only accounts for approximately 20% of total enterprise software spending. [6]

Infrastructure as a Service (IaaS) Providers Latest Statistics

  • IaaS Public Cloud Services Market Grew 40.7% in 2020. [1]
  • Company Revenue 2020 Market Share (%) Revenue 2019 Market Share (%). [1]
  • The dominant IaaS provider in China, Alibaba, grew 52.8% in 2020 with revenue surpassing $6 billion, up from $4 billion in 2019. [1]
  • In 2020, Alibaba saw its highest growth rate in the education vertical at 105%, driven by downloads of Alibaba’s enterprise communication and collaboration platform DingTalk among employees and students working and studying from home. [1]
  • Google’s IaaS revenue grew 66% to reach nearly $4 billion in 2020. [1]
  • During the Q3 FY 2021, AWS reported a revenue of $16.11 billion, a growth acceleration of 39% yearover. [4]
  • During FY 2021, Microsoft reported a 34% yearover year increase in its commercial cloud revenue to $69.1 billion. [4]
  • In Q1 FY 2024, Microsoft Cloud generated $20.7 billion in revenue, up 36% yearover. [4]
  • During the FY 2021 , Alibaba Cloud’s revenue grew 50% yearover year to RMB60,120 million , primarily driven by growth in revenue from customers in the Internet, public sector, and finance industries. [4]
  • During Q2 FY 2024, Alibaba posted a revenue of RMB20,007 million , an increase of 33% compared to RMB15,029 million in the same quarter of 2020 for its cloud computing business. [4]
  • Cloud computing is around 10% of Alibaba’s total revenue. [4]
  • During FY 2017 , the revenue from Google Cloud was $4.05 billion, equivalent to 3.7% of its overall revenue. [4]
  • FY 2019 witnessed a strong jump in its revenue at $8.92 billion making 5.5% of overall revenue. [4]
  • During Q3 FY 2021, a revenue of 4.99 billion was registered by Google Cloud, an increase of 45% as compared to the revenue a year ago. [4]
  • A strong growth of 101.5% put Tencent on the fifth place in 2019. [4]
  • Tyson Down 6.5% Since Last Earnings Report Can It Rebound?. [4]
  • , Platform as a Service , and Software as a Service , grew 24.1% year over year in 2020 with revenues totaling $312 billion, according to the International Data Corporation. [5]
  • Spending continued to consolidate in 2020 with the combined revenue of the top 5 public cloud service providers capturing 38% of the worldwide total and growing 32% year over year. [5]
  • SaaS $49.2 15.7% $40.2 16.0% 22.4%. [5]
  • $47.6 15.2% $36.1 14.4% 31.8% SaaS – Applications $148.4 47.5% $125.2 49.7%. [5]
  • A 24% growth on the previous year. [6]
  • According to which, 91% of businesses reported using a public cloud service, 72% opting for a private cloud solution, and 69% selecting a hybrid solution. [6]
  • IaaS is reported as the second largest spending category and is the fastest growing with a projected five year CAGR of 32.0%. [6]
  • PaaS is the lowest spending category, with the second largest five year CAGR of 29.9%. [6]
  • The report highlights annual growth of almost 30%, correlating closely with the IDC’s aforementioned Worldwide Public Cloud Services Spending Guide. [6]
  • A 31.3% growth from $24.7 billion in 2017. [6]
  • These vendors are Amazon (47.8%), Microsoft (15.5%), Alibaba (7.7%), Google (4.0%) and IBM (1.8%). [6]
  • In 2018, Amazon reported revenues of $15.4 billion, a growth of 26.8% on the previous year. [6]
  • Carrying this dominance into 2019, Amazon reports Q1 and Q2 combined AWS revenue of $16.1 billion, a 39% growth from H1 2018. [6]
  • Overall, Microsoft’s Q1 and Q2 combined commercial cloud business revenue is now reported to be $20.6 billion, a 40% growth on H1 2018. [6]
  • The Chinese ecommerce giant continues its impressive growth into 2019, reporting Q1 and Q2 combined revenues of $2.2 billion, a growth of 66%. [6]
  • Boost your WordPress site’s speed up to 200% with our flexible Google Cloud powered infrastructure. [6]
  • In fact, a Verizon study showed 77% of businesses feel cloud technology gives them an advantage over competitors. [6]
  • After initial investment in migration and cloud optimization techniques – rightsizing, scheduling policies, and reserved instances – the total cost of ownership fell by 55% for cloud IaaS versus on. [6]
  • In 2020, the size of the IaaS Industry was $50.0B and is projected to grow by 23% in 2021. [7]
  • From 2018 to 2024 the IaaS Industry growth is projected to average 23% per year. [7]
  • Since 92 percent of organizations already are at least somewhat in the cloud, we’ve compiled an exhaustive list of cloud trends for 2021 and beyond to help you to make the most of this technology. [0]
  • Since 2010, the global cloud services industry has risen year over year to reach a $370 billion valuation in 2020 , marking a growth of over 380 percent in ten short years. [0]
  • However, when put into context with the fact that 90 percent of the world’s data in 2013 was created between 2011 and 2012 , it’s inevitable that more data would invite the need for more data storage. [0]
  • Not surprisingly, around 50 percent of all corporate data is stored in the cloud , as of 2020. [0]
  • Worldwide end user spending on public cloud services is forecast to grow 18.4 percent in 2021. [0]
  • In fact, 80 percent of consumers list sustainability as the most important issue to consider when evaluating organizations out of nine potential areas of concern. [0]
  • 44 percent of CEOs are already planning net zero futures for their organizations with this in mind, so it is going to be increasingly important for you to take advantage of the efficient cloud operations available to you. [0]
  • >>> Companies we partner with have seen their energy consumption fall by up to 65 percent while simultaneously reducing their carbon emissions by up to 84 percent, simply by migrating areas of their infrastructure to the public cloud. [0]
  • This is, in fact, a conservative estimate, as 33 percent of organizations had an annual cloud budget spanning between $2.4 million and $12 million. [0]
  • With 30 percent of cloud budgets being wasted , organizations are looking to streamline cloud costs and optimize cloud services. [0]
  • This is the step most businesses seem to be struggling with, on average under budgeting their cloud requirements by 23 percent. [0]
  • On average, organizations waste 30 percent of their cloud spend. [0]
  • Organizations are over budget for cloud spend by an average of 23 percent. [0]
  • While most organizations do not make the jump from onpremises to multi vendor deployments in one go, 93 percent of enterprises have built up to a multicloud strategy. [0]
  • Our research finds that migrating areas of your business to the public cloud can cut your Total Cost of Ownership by as much as 40 percent. [0]
  • The industry’s 24 percent annual growth rate suggests that commitment to the public cloud is only growing. [0]
  • Between January and April of 2020, cybercrime saw a sharp increase by 630 percent as new ways of working created new vulnerabilities to exploit. [0]
  • This explains why 28 percent of enterprises consider security to be the most important criterion when picking a cloud vendor. [0]
  • Unfortunately, over 50 percent of organizations do not have the appropriate security management systems in place for their cloud applications , creating an adverse effect on their overall security infrastructure. [0]
  • Cloud coalitions Enterprise cloud use rose close to 50 percent following the onset of the coronavirus as businesses scrambled to migrate their workloads. [0]
  • The majority of surveyed organizations suffer, 98 percent, say that a single hour of downtime per year costs their company over $100,000. [0]
  • Bear in mind, those are only average statistics as 40 percent of enterprises even indicated to lose between $1 and $5 million in just one hour of downtime exclusive of any legal fees, fines or penalties.. [0]
  • So much so that Gartner predicts that by 2024, 70 percent of global organizations will be running more than two containerized applications in production, up from less than 20 percent in 2019. [0]
  • By 2024, information will be a critical organizational asset for 90 percent of organizations, solidifying analytics into a core competency. [0]
  • Migrating areas of your business to the public cloud can cut your Total Cost of Ownership by 40 percent. [0]
  • Between 2020 and 2025, this demand is expected to grow the serverless industry by 25 percent. [0]
  • In order to position themselves to maximize this potential, ‘ 57 percent of respondents investing in blockchain technology agreed that their organization should adopt blockchain technology to remain competitive’. [0]
  • This pursuit is expected to grow the cloud monitoring industry annually by 22.7 percent between 2020 and 2026, when it will be valued at approximately $4.5 billion. [0]
  • For the cloud monitoring industry, a CAGR of 22.66 percent is expected over the forecast period 2021. [0]
  • The use of cloud native projects in production continues to grow, with many projects reaching more than 50 percent use in production. [0]
  • “At any one point, your website is just a 2 second delay away from racking up a 100 percent bounce rate.”. [0]
  • There are several reasons why 77 percent of IT leaders intend to utilize open source code with greater frequency. [0]

I know you want to use Infrastructure as a Service (IaaS) Providers, thus we made this list of best Infrastructure as a Service (IaaS) Providers. We also wrote about how to learn Infrastructure as a Service (IaaS) Providers and how to install Infrastructure as a Service (IaaS) Providers. Recently we wrote how to uninstall Infrastructure as a Service (IaaS) Providers for newbie users. Don’t forgot to check latest Infrastructure as a Service (IaaS) Providersstatistics of 2024.

Reference

  1. accenture – https://www.accenture.com/nl-en/blogs/insights/cloud-trends.
  2. gartner – https://www.gartner.com/en/newsroom/press-releases/2021-06-28-gartner-says-worldwide-iaas-public-cloud-services-market-grew-40-7-percent-in-2020.
  3. statista – https://www.statista.com/topics/2739/cloud-infrastructure-as-a-service/.
  4. alliedmarketresearch – https://www.alliedmarketresearch.com/infrastructure-as-a-service-IAAS-market.
  5. nasdaq – https://www.nasdaq.com/articles/the-top-five-providers-of-infrastructure-as-a-service-iaas.
  6. idc – https://www.idc.com/getdoc.jsp?containerId=prUS47685521.
  7. kinsta – https://kinsta.com/blog/cloud-market-share/.
  8. t4 – https://www.t4.ai/industry/iaas-market-share.

How Useful is Infrastructure as a Service Providers

One of the key advantages of using IaaS providers is the flexibility they offer. By harnessing virtualized infrastructure, businesses can quickly adapt to changing workloads and resource demands without the need for significant hardware investments. This flexibility allows companies to scale their operations up or down seamlessly, making it easier to respond to market changes and ensure that their IT infrastructure remains cost-effective.

Furthermore, IaaS providers offer a robust level of reliability and security. With data centers equipped with cutting-edge technology and stringent security measures in place, businesses can rest assured that their critical data and applications are safeguarded against potential threats. By outsourcing the management of infrastructure to IaaS providers, organizations can focus on their core competencies while leaving the technical aspects to the experts.

Another benefit of using IaaS providers is the cost-effectiveness they provide. By moving to a pay-as-you-go model, businesses can avoid the hefty upfront costs associated with traditional IT infrastructure investments. Instead, companies only pay for the resources they use, making it easier to manage cash flow and allocate resources efficiently. This pay-as-you-go model also enables businesses to optimize their spending by scaling resources according to their actual needs, avoiding unnecessary expenses on unused capacity.

Moreover, IaaS providers can significantly enhance agility and speed in deploying new applications and services. With ready-to-use infrastructure available at the click of a button, businesses can reduce time-to-market and accelerate innovation. This improved agility allows companies to stay ahead of the competition and respond quickly to new opportunities, helping them drive business growth and achieve strategic objectives.

In addition to these benefits, IaaS providers also offer robust monitoring and management tools to help businesses optimize their operations. With real-time visibility into resource utilization and performance metrics, organizations can identify inefficiencies, address bottlenecks, and improve overall system performance. By leveraging these tools, businesses can streamline their operations and ensure that their IT infrastructure is running at peak efficiency.

Overall, the usefulness of IaaS providers cannot be overstated. From enhanced flexibility and scalability to improved security and cost-effectiveness, these providers offer a wide range of benefits that can help businesses thrive in today’s fast-paced digital landscape. By leveraging IaaS providers, organizations can streamline their IT operations, boost productivity, and drive innovation, ultimately helping them achieve their strategic objectives and stay competitive in the market.

In Conclusion

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