Infrastructure as a Service - Chile

  • Chile
  • Revenue in the Infrastructure as a Service market is projected to reach €253.00m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.51%, resulting in a market volume of €643.00m by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach €26.23 in 2024.
  • In global comparison, most revenue will be generated in the United States (€72,590.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in the Public Cloud sector in Chile is experiencing steady growth, driven by factors like rising demand for digital solutions, increasing awareness of health, and the convenience of online services. This growth is influenced by the country's average growth rate and is expected to continue due to the increasing use of technology in the healthcare industry.

Customer preferences:
As the demand for cloud-based solutions continues to grow, Chilean businesses are increasingly turning to Infrastructure as a Service (IaaS) options within the Public Cloud Market. This trend is driven by a desire for more flexible and cost-effective IT infrastructure, as well as the need for greater scalability and agility in a rapidly evolving business landscape. Additionally, the rise of remote work and the need for secure and reliable virtual infrastructure have also contributed to the growth of the IaaS market in Chile.

Trends in the market:
In Chile, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a rise in demand for hybrid cloud solutions. This trend is driven by the need for greater flexibility and scalability in managing IT resources. Additionally, there has been an increase in the adoption of cloud-based disaster recovery and backup services. These trends indicate a shift towards a more comprehensive and integrated approach to cloud computing. Industry stakeholders should pay attention to these developments and consider investing in hybrid cloud solutions to stay competitive in the market. Furthermore, the growing use of cloud-based disaster recovery and backup services highlights the importance of data protection and recovery in the digital age. This trend also presents opportunities for cloud service providers to offer more robust and secure solutions to their clients.

Local special circumstances:
In Chile, the Infrastructure as a Service Market within the Public Cloud Market is growing due to the country's strong economic growth and government support for digital transformation. The market is also influenced by Chile's unique geographical location, with its long coastline and mountainous terrain, which presents challenges for traditional infrastructure development. Additionally, Chile's strong cultural emphasis on innovation and technology adoption has contributed to the rapid growth of the public cloud market, making it one of the most advanced in Latin America. Furthermore, the country's favorable regulatory environment, with investment-friendly policies and tax incentives, has attracted major global players to establish their presence in Chile, further driving the growth of the Infrastructure as a Service Market within the Public Cloud Market.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Chile is influenced by macroeconomic factors such as technological advancements, government initiatives, and investment in digital infrastructure. The country's strong economic growth and stable fiscal policies have created a favorable environment for businesses to adopt cloud-based solutions. Furthermore, Chile's increasing focus on digital transformation and its efforts to improve its digital infrastructure have led to a higher demand for Infrastructure as a Service solutions. Additionally, the growing number of small and medium-sized enterprises in Chile is also contributing to the market's growth, as these businesses are increasingly adopting cloud-based services to streamline their operations and reduce costs.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Vue d’ensemble

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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