TechNavio today launched its report Global Infrastructure-as-a-Service Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the key trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said; ”One of the major trends being witnessed in the Global Infrastructure-as-a-Service (IaaS) market is the increased adoption of the hybrid model for cloud infrastructure deployment. The cloud IaaS vendors are providing capabilities to deploy enterprise network resources into the public and the private clouds. The public cloud provides the organizations with much-needed elasticity and reduced cost of running these applications. Also, the public cloud approach does not have the same capabilities for control and compliance as offered through the private cloud architecture model. Thus, many organizations are embracing a hybrid cloud approach to utilize benefits offered by private as well as public cloud models. Thus, the Global IaaS market is witnessing a trend where many vendors are offering a hybrid model for utilizing cloud infrastructure services.”
According to the report, one of the main drivers of the Global IaaS market is the need to reduce the overall cost of ownership of organizational IT infrastructure. With increasing technological advancements and the increased adoption of technologies in business, there is an increase in the annual IT infrastructure procurement and management costs for many organizations. As a result, many end-users are turning to IaaS to deploy and manage organizational network resources at reduced cost.
Further, the report also discusses that one of the major challenges facing the Global IaaS market is the growing concern about data security.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-infrastructure-service-market-2011-2015
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