Why Infrastructure-as-a-Service (IaaS) Growth is Critical to Cloud ComputingJanuary 16, 2017
Grazed from 1RedDrop. Author: Shudeep Chandrasekhar.
Infrastructure-as-a-Service, or IaaS, was the fastest growing cloud segment in 2016, and there are several indications that we could see a repeat of strong growth in 2017 as well. Early in 2016 Gartner projected that the Infrastructure-as-a-Service market will reach $22.4 billion in size.
That turned out to be another feather in Gartner’s cap, because Business Insider recently reported that the IaaS market hit the $22 billion mark for 2016. By 2015, the IaaS market was worth nearly $16 billion, and if the numbers by the two reputed sources are correct, then the cloud infrastructure market has recorded an eye-popping 38% growth in 2016…
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