According to a market report, published by Sheer Analytics and Insights, The global infrastructure as code market was valued at $0.48 billion in 2021 and it is expected to reach $8.1 billion at a CAGR of 28.3% between 2022 and 2032. In addition to improving corporate agility, contemporary software solutions can provide several cost-effective advantages. The escalating demand to minimize network latency and the growing use of digital services has caused explosive growth in consumer data, hastening the move toward cloud-based IaC solutions. In addition, it is projected that the growing use of DevOps tools, which enable software development teams to innovate, test, and deploy applications efficiently and quickly, will have a beneficial effect on the expansion of the infrastructure as code industry. Additionally, by optimizing and restructuring infrastructure builds, IaC technologies can help free up system administrators from laboring over manual processes and free up application developers to focus on what they do best. These drivers are the primary reason behind the success of this market.
Moreover, one of the main factors influencing the demand for IaC products and services is the increasing transformation of automation technologies across some business verticals. The administration and supply of IT resources, which is exemplified by a link between application source-code updates, may be scaled and optimized by the software development and IT teams thanks to the integration of these services and technologies. The industry share will be boosted by the growing use of cloud-based services to reduce latency and increase accessibility and scalability.
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The deployment and management strategy known as infrastructure as code (IaC) uses programs, configuration information, and automation devices. This approach applies to both cloud services and hardware, such as web servers, routers, databases, load balancers, and personal computers. Furthermore, the deployment and management strategy known as infrastructure as code (IaC) uses programs, configuration information, and automation devices. This approach applies to both cloud services and hardware, such as web servers, routers, databases, load balancers, and personal computers. It differs from traditional infrastructure management, which is dependent on the setting of interactive or mechanical devices. Instead of referring to a specific technique, gadget, or protocol, IaC refers to a high-level architecture of connections. Hence, these major factors are expected to create more growth opportunities for this market in the future.
Furthermore, to increase their market shares, the top market players, including IBM, Microsoft, AWS, Hashicorp Terraform, Google, HPE, and Broadcom, have employed a variety of growth tactics, including acquisitions, new product launches, product advancements, and business expansions. The global market for infrastructure as a service is expanding as a result of rising demand for low-cost IT infrastructure and quicker data accessibility. On the other hand, during the projected period, it is anticipated that SMEs' increasing cloud usage would present lucrative chances for the IaaS market to develop.
According to the study, key players dominating the global infrastructure as code market are AWS (U.S), Alibaba Group (China), Alphabet (U.S), Broadcom (U.S), Dell (U.S), HPE (U.S), HashiCorp (U.S), IBM (U.S), Microsoft Corporation (U.S), NetApp (U.S), Oracle Corporation (U.S), Puppet (U.S), Pulumi Corporation (U.S), Progress Software (U.S), Rackspace Technology (U.S), ServiceNow (U.S), among others.
The Global Infrastructure as Code Market – by Component Type:
The Global Infrastructure as Code Market – by Deployment Type:
The Global Infrastructure as Code Market – by Regions:
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