The global Infrastructure as a Service (IaaS) market, valued at USD 171.8 billion in 2024, is expanding rapidly as enterprises accelerate digital transformation and cloud adoption. Growth is fueled by rising demand for scalable computing power, storage solutions, and disaster recovery systems across industries. North America holds the largest share, supported by strong adoption of hybrid cloud and AI-driven workloads, while Europe captures around 30% of the market due to stringent data sovereignty laws and GDPR compliance. Asia-Pacific stands out as the fastest-growing region, driven by rapid digitization in India, China, and Southeast Asia, alongside government initiatives supporting cloud infrastructure and smart city projects.
IaaS overview
Published by MMR Statistics Research Team, Updated