Infrastructure as a Service (IaaS) Market Outlook 2025 |The Insight P Infrastructure as a Service (IaaS) Market Outlook | Page 4

Infrastructure as a Service (IaaS) Market to 2025 In addition, increasing penetration of hybrid cloud is further expected to drive the global IaaS market, owing to the introduction of a number of businesses that require solutions which are more economic, ensure flexibility, protect data from disaster and suit the need for their IT requirements based on cloud. Thus, the IT & telecom end-user vertical is anticipated to show healthy growth in the global IaaS market. Managed hosting, DRaaS, and STaaS solutions offer enterprises with economical computing and storage capabilities. IaaS market in North America is expected to continue steady growth during the forecast period owing to early acceptance and adoption of IaaS cloud based technology in small and medium businesses (SMBs). The growth in Europe market can largely be attributed to the demand from developed IT market, where enterprises are investing heavily on services and software. In Middle East and Africa (MEA), the market is expected to grow owing to the demand to strengthen the information and communications tec