Infrastructure as Code (IaC) Market size is set to surpass USD 3.5 billion by 2030, according to a new research report by Global Market Insights Inc.
The ongoing transformation of automation technologies across several industry verticals as a major factor driving the demand for IaC tools and services. Integrating these services and tools helps improve speed & efficiency, allowing the software development and IT teams to scale and optimize the management and provisioning of IT resources illustratively linked with application source-code updates. The increasing adoption of cloud-based services in an effort to minimize latency and enahnce accessibility and scalability will spur the industry share.
Result-oriented approach to favor the declarative approach
The declarative approach segment infrastructure as code market is likely to witness nearly 25% growth rate through 2030. Declarative programming helps developers determine the type of program that needs to be executed. The approach focuses on the end result and figuring out the ways to produce it while keeping the programming language aside. The ability of the approach to generate effective code, which can later be executed by using easy extensions, ways, high-level abstractions, etc., will impact segment growth.
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Preference for scalable solutions to foster the demand for cloud-based IaC tools
The cloud segment is expected to depict around 25% CAGR from 2022 to 2030. The increasing number of enterprises transitioning toward digitized solutions will propel the demand for cloud-based IaC software. Cloud-based services are highly reliable, allow swift configuration, and have faster deployment capabilities. The ongoing migration of enterprise operations to cloud platforms on account of the increasing remote working populace and the requirement for more scalable solutions will support segment expansion.
Flexible expansion capabilities to enhance product demand across SMEs
The SME segment of the Infrastructure as Code market is projected to be worth more than USD 1.5 billion by 2030. IaC tools allow small and medium enterprises to expand their capabilities based on their budget and future automation requirements. The increasing efforts to scale the IT capabilities and manage computer data centers as applications in these organizations owing to surging cloud deployment and expanding remote workforce will augment the business outlook.
Browse key industry insights spread across 350 pages with 313 market data tables and 28 figures & charts from the report “Infrastructure as Code (IaC) Market Size By Approach (Declarative, Imperative), By Organization Size (SMEs, Large Enterprises), By Deployment (On-Premise, Cloud), By End-Use (Government, IT & Telecom, Healthcare, BFSI, Manufacturing, Retail), By Infrastructure (Mutable IaC, Immutable IaC), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2030”, in detail along with the table of contents:
Immutable IaC tools to gain traction due to proliferating virtualization trends
The immutable IaC segment is estimated to record about 25% growth rate through 2030. The onset of virtualization is considered the primary factor backing the proliferation of immutable IaC tools. These tools ensure continuity between testing and deployment environments while minimizing any configuration drift. This offer increased security from unethical sources, helping easy tracking and maintenance of infrastructure versions while enabling IT teams to quickly roll back to any previous version as and when required.
Upgradation of the existing It infrastructure to push product deployment across government organizations
The infrastructure as code market size from government end-use to capture USD 400 million by 2030. The focus on upgrading the existing IT infrastructure in government organizations credited to the accelerated migration toward the cloud will help the segment emerge as a major revenue source through 2030. Leveraging modern cloud resources and applications within the traditional environment demands the agility to strike a balance between security and regulatory frameworks, fostering the growth of IaC services.
Increasing internet penetration to streamline industry growth across North America
Regionally, the North America IaC market registered revenue of over USD 210 million in 2021 and is poised to observe significant growth during 2022 and 2030. The increasing utilization of internet services and the surging cloud deployments have facilitated the regional growth. The massive growth in customer-related information has encouraged enterprises to make significant investments focused on modernizing their IT infrastructure, backing regional expansion.
Advancing innovations to stimulate the competitive outlook
Major companies in the the infrastructure as code market include Amazon.com, Inc., Microsoft Corporation, Google LLC, IBM Corporation, HashiCorp, Inc., Oracle Corporation, Puppet, Progress Software Corporation, Pulumi, and others. These players are focusing on technological advancements as their key growth strategy.