“IBM (US), Microsoft (US), AWS (US), Oracle (US), Hashicorp Terraform (US), Google (US), Alibaba Group (China), Dell (US), Rackspace Technology (US), HPE (US), ServiceNow (US), Broadcom (US), Pulumi (US), Puppet (US), Progress Software (US), NetApp (UK), Northern.tech (US), Canonical (UK), Alpacked (Ukraine ), Jenkins (US), Gitlab (US), Github (US).”
Infrastructure as Code (IaC) Market by Tool (Configuration Orchestration, Configuration Management), Service, Type (Declarative & Imperative), Infrastructure Type (Mutable & Immutable), Deployment Mode, Vertical & Region – Global Forecast to 2027
The Infrastructure as Code Market size will grow from USD 0.8 billion in 2022 to USD 2.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 24.0% during the forecast period. The main drivers for the market are the advent of modern cloud architecture and the need for better optimization of business operations. The main restraint for the market is the limited number of skilled workforce. Critical challenges facing the IaC market include concerns about data security and privacy and potential duplication of errors. The underlying infrastructure opportunity as a code market includes the start of composable infrastructure.
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Like every vertical, the healthcare segment will grow at the highest CAGR during the forecast period
The infrastructure as a code market is segmented across verticals into BFSI, IT and ITeS, telecom, healthcare, manufacturing, retail, government, transport and logistics, and other verticals, such as travel and hospitality, energy and equipment, and education. Like every vertical, the healthcare vertical is expected to grow at the highest CAGR during the forecast period. Healthcare and life sciences, as an industry, is growing at a great pace and is expected to contribute significantly to the globally integrated cloud management platform market. The healthcare industry primarily deals with enormous amounts of personal data every day. Implementing IT infrastructure in the healthcare vertical helps manage information in computerized systems. These systems need to be robust because their failure can lead to the loss of patient information or worse. Value-based care, consumerism in healthcare, the Triple Aim, and socioeconomic and other external influences on patients are some of the forces driving healthcare provider organizations to reevaluate their legacy enterprise architecture and consider -consider moving to a multi-cloud environment and automated infrastructure.
The Cloud Segment will grow at the highest CAGR during the forecast period
Based on deployment mode, the cloud Segment will grow at the highest CAGR for the infrastructure as code market during the forecast period. The infrastructure as code market by deployment mode is segmented into cloud and on-premises. Through a global network of data centers and cloud computing infrastructure, a service provider offers enterprise cloud IaC services in the form of virtual and augmented servers, storage, communications, and managed services of applications. When opposed to a single hosting, one of the main benefits of the cloud IaC service is that the infrastructure can be installed more effectively and affordably.
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Some major players in the infrastructure as code market include IBM (US), Microsoft (US), AWS (US), Oracle (US), Hashicorp Terraform (US), Google (US), Alibaba Group (China), Dell (US). ), Rackspace Technology (US), HPE (US), ServiceNow (US), Broadcom (US), Pulumi (US), Puppet (US), Progress Software (US), NetApp (UK), Northern.tech (US) , Canonical (UK), Alpacked (Ukraine), Jenkins (US), Gitlab (US), Github (US), Crossplane (US), and Docker (US). These players have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the global infrastructure as code market.
Google was founded in 1998 and is headquartered in Mountain View, California. It is a leading technology business that focuses on consumer devices, cloud services, software applications, quantum computing, search engine technology, and online ads. The corporation resells other products or services such as hardware, applications and in-app purchases, media products and subscriptions for online media, and alternative cloud-based providing platforms to customers . It also makes money by providing relevant, cost-effective online ads, portals, collaboration software, and offers. For Google Network participants, marketers, and content producers, its search engine maintains a list of webpages and online resources. Google Play, gmail, Android, Maps, Chrome, and You Tube are among the company’s core offerings.
IBM is a multinational technology and consulting corporation that offers services such as infrastructure, hosting, and consulting services. Cognitive solutions, international business services, technological offerings and cloud platforms, infrastructure, and international financing help cover its five core business sectors. The analytics cloud platform, blockchain platform, watson IoT platform, and watson customer interaction solution are among the products offered by IBM. It provides finance, system services, IT infrastructure, industrial solutions, and stability services. The business offers solutions to various industry sectors, including IT, healthcare and life sciences, government, telecom, automotive, manufacturing, fast moving consumer goods, chemicals and petroleum , electronics, energy and power, media and entertainment, mining, retail. , BFSI, travel and transport, and education. It has a presence in more than 175 countries worldwide.
Hewlett Packard Enterprise Company was founded in 1939, and is headquartered in California, US. It has an employee strength of around 61,600. It is one of the global edge-to-cloud companies that helps businesses drive results by unlocking value from all their data. It offers unique, open, and intelligent technology solutions as a service. The company was founded on decades of rethinking the future and inventing to improve how people live and work. With products spanning Cloud Services, Compute, High Performance Computing and AI, Intelligent Edge, Software, and Storage, HPE offers a consistent user experience across all clouds and edges, helping clients create of new business strategies, engaging in new relationships, and improving operational performance segments.
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