Infrastructure as a Service - United Kingdom

  • United Kingdom
  • Revenue in the Infrastructure as a Service market is projected to reach €3.53bn in 2024.
  • 0 dominates the market with a projected market volume of 0 in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 21.77%, resulting in a market volume of €9.45bn by 2029.
  • In global comparison, most revenue will be generated in the United States (€71,450.00m in 2024).

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

 
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Analyst Opinion

The Infrastructure as a Service market in the United Kingdom is experiencing considerable growth, driven by factors such as rising demand for digital technologies, increasing awareness about the benefits of online services, and the convenience of public cloud services. This growth is being further propelled by the emergence of new technologies and the growing demand for cost-effective and scalable solutions in the market.

Customer preferences:
As businesses continue to embrace the public cloud, there is a growing demand for Infrastructure as a Service (IaaS) solutions. This trend is driven by the need for scalable and flexible infrastructure that can support the increasing amount of data and applications being hosted on the cloud. Additionally, with the rise of remote work and virtual collaboration, there is a growing need for reliable and secure IaaS solutions to support these new ways of working. This has led to a shift towards more sophisticated and specialized IaaS offerings, catering to the unique needs and preferences of different industries and businesses.

Trends in the market:
In the United Kingdom, the Infrastructure as a Service market within the Public Cloud Market is seeing a surge in demand for cloud-based solutions as businesses shift towards remote work and digital transformation. Additionally, there is a growing trend towards multi-cloud environments, with organizations using a combination of public and private cloud services to meet their specific needs. This trend is expected to continue as companies prioritize flexibility, scalability, and cost-effectiveness in their IT infrastructure. Industry stakeholders must keep pace with these trends and invest in robust and secure cloud solutions to remain competitive in the evolving market.

Local special circumstances:
In the United Kingdom, the Infrastructure as a Service (IaaS) market within the Public Cloud Market is heavily influenced by the country's strict data protection regulations. The General Data Protection Regulation (GDPR) has led to increased demand for secure and compliant cloud services, driving the growth of IaaS providers offering data protection and encryption solutions. Additionally, the country's strong financial services industry has led to a demand for IaaS providers with specialized expertise in the financial sector, creating a unique market dynamic in the UK.

Underlying macroeconomic factors:
In the United Kingdom, the Infrastructure as a Service Market within the Public Cloud Market is influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with strong technological infrastructure and supportive policies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for digital transformation and the adoption of cloud-based solutions by businesses are driving the growth of the Infrastructure as a Service Market. The country's stable economic health and favorable business environment also contribute to the market's growth, attracting investments and fostering innovation in the public cloud sector.

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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