According to a market report by Lucintel, the future of the infrastructure as code (IaC) market looks promising with opportunities in the BFSI, IT & telecom, government, manufacturing, healthcare, and retail sectors. The global infrastructure as code (IaC) market is expected to grow with a CAGR of 24% to 26% from 2023 to 2028. The major drivers for this market are increasing velocity entails automating, advent of modern cloud architecture, and demand for better optimization of business operations.
Tools and services are the major segments of infrastructure as code (IaC) market by component. Lucintel forecasts that tools will remain the fastest growing segment over the forecast period due to it faster speed and consistency, an effective software development cycle, and lower management overhead.
Within this market, healthcare is expected to remain the largest segment due to the growing digitization with complex hybrid cloud setups among the healthcare sector is influencing the requirement for infrastructure as code to maintain the workflow and standard.
APAC will remain the largest region due to the growing industrialization in this region and adoption of new & emerging technologies has gained momentum in recent years. Additionally, public cloud is gaining huge adoption due to its low costs, on-demand availability, and improved security.
IBM, Microsoft, AWS, Oracle, Hashicorp, Terraform, Google, Alibaba Group, Dell and Docker are the major suppliers in the global infrastructure as code (IaC) market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global infrastructure as code (IaC) market by component, product type, deployment type, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Infrastructure as Code (IaC) Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global infrastructure as code (IaC) market by component, product type, deployment type, end use industry, and region, as follows:
Infrastructure as Code (IaC) Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
· Tools
· Services
Infrastructure as Code (IaC) Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Declarative
· Imperative
Infrastructure as Code (IaC) Market by Deployment Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· On-premises
· Cloud
Infrastructure as Code (IaC) Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
· BFSI
· IT & Telecom
· Government
· Manufacturing
· Healthcare
· Retail
· Others
Infrastructure as Code (IaC) Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Infrastructure as Code (IaC) Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the infrastructure as code (IaC) market by component (tools and services), product type (declarative and imperative), deployment type (on-premises and cloud), end use industry (BFSI, IT & telecom, government, manufacturing, healthcare, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?