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Infrastructure-as-a-Service (IaaS) Market to Surpass US$354 Billion by 2030, Driven by Hybrid Cloud and Digital Transformation

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TechMarket Experts , a unit of Industry Experts, Inc., has published its latest global technology market research report, " Infrastructure-as-a-Service (IaaS) - A Global Market Overview ," projecting that the global IaaS market will surge from US$98 billion in 2024 to US$354.2 billion by 2030, expanding at a CAGR of 23.9% over the analysis period. According to this new report, the rising adoption of digital infrastructure across industries, coupled with the scalability and flexibility offered by pay-per-use cloud models, continues to accelerate IaaS growth worldwide. IaaS is gaining ground across businesses of all sizes as organizations shift from legacy systems to agile, cloud-native architectures. Demand is being driven by hybrid work environments, the proliferation of data-heavy applications like AI and big data analytics, and increased focus on business continuity through scalable infrastructure. Leading sectors such as healthcare, finance, education, and go...