Press release

IaaS Market: Procurement Intelligence, Market Share, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge

Sponsored by Businesswire

SpendEdge, a global procurement market intelligence firm, has announced the release of their Global IaaS Market – Procurement Intelligence Report.

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Global IaaS Market - Procurement Intelligence Report. (Graphic: Business Wire)

Global IaaS Market – Procurement Intelligence Report. (Graphic: Business Wire)

Despite registering a spend growth at a CAGR of 27.65%, the gradual decrease in the adoption rate across the developed nations will shrink the IaaS market share on a global scale, thereby decelerating its spend momentum during the end of the forecast period. Factors like vendor lock-ins, the growing instances of security risks while operating in a cloud-based platform are deterring the category adoption across the IT industries in the developed countries. On the other hand, the proliferation of SMEs such as technology start-ups in APAC will favor a large-scale category adoption in the region, thereby improving the IaaS market share. This will also propel the spend momentum of this market during the forecast period. Download the Free Sample of the IaaS market procurement intelligence report here!

The emerging technology start-ups in APAC are exhibiting a large-scale adoption of the IaaS model that caters to their requirement of IT infrastructure at low costs. This is resulting in the IaaS market to achieve its highest growth in APAC. In North America, the extensive adoption of private IaaS in the banking industry to enhance security and flexibility by tailoring the IaaS offerings to the specific needs of the local territory is influencing the IaaS market share in the region.

This procurement intelligence report offers a detailed overview of the key cost drivers and category management insights that can aid in devising a sustainable procurement strategy for IaaS. This IaaS market procurement intelligence report also highlights the current supply market developments to help the buyers choose the appropriate vendors who can promise a steady supply assurance. Not what you are looking for? Request for free customization.

Things that buyers should avoid doing to avert vendor lock-ins are avoid using proprietary services such as billing and document management and limit engagement with service providers that use non-industry standards for API development,” says SpendEdge procurement expert Sumit Yadav.

This IaaS market procurement intelligence report has highlighted the following factors to play critical roles in influencing category spend. They include:

  • During the forecast period, the demand for hybrid IaaS is expected to increase
  • Use of cloud spot market can yield cost-savings
  • Get the full market intelligence report to know more about the complete scope of this report

SpendEdge is now offering limited-time discounts on report purchases. Buy two reports and get the third one for free.

SpendEdge’s procurement market intelligence reports for the information technology category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The supply market forecasts offer information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.

Report scope snapshot: IaaS

Category ecosystem

  • Market favorability index for suppliers
  • Competitiveness index for suppliers
  • Threat of new entrants
  • Interested to know more about the scope of our market intelligence reports? Download a FREE sample

Category management enablers

  • Procurement organization
  • Category enablers
  • Want customized information from our IaaS market procurement intelligence report? Get in touch

Category definition

  • Category hierarchy
  • Category scope
  • Category map
  • To view this the complete table of contents for the market intelligence report, Download a FREE sample

Do you purchase multiple reports in a year? Our subscription platform, SpendEdge Insights, provides ready-to-use procurement research reports for multiple categories. Now access latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 7-day FREE trial now.

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SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,