Why Infrastructure-as-a-Service (IaaS) Growth is Critical to Cloud Computing

January 16, 2017 Off By Hoofer

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…

Read more from the source @ http://1reddrop.com/2017/01/16/infrastructure-service-iaas-growth-critical-cloud-computing/