Global Cloud Infrastructure Market: By Type (Hardware and Services), By End User (Banking, Financial, Services and Insurance (BFSI), Consumer Goods & Retail, Telecommunications & ITES, Healthcare, Energy, Government, Education & Research, Media & Entertainment, Manufacturing, Business & Consulting Services and Others) and Geography  

Cloud Infrastructure Market size was valued at 236.71 Billion in 2022 and is estimated to reach 624.83 Billion by 2029, at a CAGR of 12.9% during the forecast period 2023 to 2029. Increase in demand for cloud computing, cost saving from buying physical storage devices, reduction in infrastructure cost, need for disaster protection and new era of functionality are some key factors influencing the market growth. However, factors such as legal/regulatory issues and migration from legacy systems are restricting the market growth. Cloud computing is becoming an adoptable technology for many of the organizations with its dynamic scalability and usage of virtualized resources as a service through the Internet. Cloud computing uses the Internet and central remote servers to maintain data and applications. As know that at present the e- commerce services opportunity to utilize pay-as-you-go resources together with their own and shared resource in the fields of IT. Global cloud infrastructure market is surging owing to frequent acquisitions and launchings by the market players.

For Instance, in Aug 2019, Dell Technologies Cloud Advancements launched New Kubernetes Support and Hybrid Cloud Infrastructure Options. Dell Technologies Cloud delivers this consistent hybrid cloud experience, now with additional infrastructure options to meet a wider variety of unique requirements. Customers also now can better align their developers and operations teams by supporting Kubernetes and cloud native development along with traditional applications in a single platform, supported wherever their applications reside.