Trends How SMBs Will Shape the IaaS Market in 2020
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India, Dec. 7 -- In 2020, the global cloud infrastructure-as-a-service (IaaS) market is set to reach $50 billion and in India it is expected to touch at least $2.3 billion by 2022. Improved infrastructure, economic benefits and increasing innovation aided by a thriving startup ecosystem are key factors driving this growth. These trends are not unique to India. IaaS, the second-largest segment in the global cloud service market, has been predicted to see the highest growth rate across market segments, owing to rising demands that cannot be met by traditional data centers.
In 2020, the IaaS market will primarily be shaped by two drivers: increasing competition among IaaS providers and growing numbers of small and medium businesses (SMBs). ...
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