{"id":79260,"date":"2025-08-12T12:51:16","date_gmt":"2025-08-12T09:51:16","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=79260"},"modified":"2025-08-12T12:51:17","modified_gmt":"2025-08-12T09:51:17","slug":"gartner-says-worldwide-iaas-public-cloud-services-market-grew-22-5-in-2024","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2025\/08\/12\/gartner-says-worldwide-iaas-public-cloud-services-market-grew-22-5-in-2024\/","title":{"rendered":"Gartner Says Worldwide IaaS Public Cloud Services Market Grew 22.5% in 2024"},"content":{"rendered":"\n<p><strong><em>Growth Driven by Rising Demand for AI Infrastructure, and Accelerating Cloud Migration\/Modernization Initiatives<\/em><\/strong><\/p>\n\n\n\n<p>The worldwide infrastructure as a service (IaaS) market grew 22.5% in 2024, reaching $171.8 billion, according to Gartner, Inc. a business and technology insights company. Amazon retained the No. 1 position in the IaaS market in 2024, followed by Microsoft, Google, Alibaba and Huawei.<\/p>\n\n\n\n<p>\u201cAs enterprises continue to seek greater flexibility, improved resilience and optimized performance, there is sustained demand for\u00a0<a href=\"https:\/\/www.gartner.com\/en\/infrastructure-and-it-operations-leaders\/topics\/cloud-computing\" target=\"_blank\" rel=\"noreferrer noopener\">cloud<\/a>\u00a0migration and modernization services,\u201d said\u00a0<a href=\"https:\/\/www.gartner.com\/en\/experts\/hardeep-singh\" target=\"_blank\" rel=\"noreferrer noopener\">Hardeep Singh<\/a>, Principal Analyst at Gartner. \u201cEnterprises want to transform their\u00a0<a href=\"https:\/\/www.gartner.com\/en\/infrastructure-and-it-operations-leaders\/topics\/i-and-o-strategy\" target=\"_blank\" rel=\"noreferrer noopener\">IT infrastructure<\/a>\u00a0by leveraging multiple platforms for AI and prioritizing modernization by migrating existing workloads to the cloud. <\/p>\n\n\n\n<p>They are also deploying cloud-native applications across diverse environments.\u201d This trend is further fueled by the demand for flexibility with data residency and sovereignty, as enterprises seek to gradually transition to the cloud while keeping control over their data and operations.<\/p>\n\n\n\n<p>\u201cCloud providers are investing heavily in&nbsp;<a href=\"https:\/\/www.gartner.com\/en\/information-technology\/topics\/ai-readiness\" target=\"_blank\" rel=\"noreferrer noopener\">AI<\/a>&nbsp;infrastructure and capabilities to become leaders in the rapidly evolving AI-optimized IaaS market. They expect that AI will become a much larger revenue contributor in the future, even though it currently remains a relatively small slice of their overall revenue within the IaaS space,\u201d said Singh. \u201cEmerging&nbsp;AI-optimized IaaS offerings from&nbsp;nonhyperscalers, or&nbsp;GPU as a service&nbsp;(GPUaaS) providers, though still nascent, have also played a key role in addressing immediate capacity requirements by offering flexible, high-performance compute on demand.\u201d<\/p>\n\n\n\n<p>In 2024, the top five IaaS providers accounted for 82.1% of the market. Amazon continued to lead the worldwide IaaS market with revenue of 64.8 billion and 37.7% market share, followed by Microsoft with 23.9% market share (see Table 1). Google, Alibaba Group, and Huawei maintained their respective positions year-over-year.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growth Driven by Rising Demand for AI Infrastructure, and Accelerating Cloud Migration\/Modernization Initiatives The worldwide infrastructure as a service (IaaS) market grew 22.5% in 2024, reaching $171.8 billion, according to Gartner, Inc. a business and technology insights company. Amazon retained the No. 1 position in the IaaS market in 2024, followed by Microsoft, Google, Alibaba &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2741],"class_list":["post-79260","post","type-post","status-publish","format-standard","hentry","category-news","tag-gartner-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gartner Says Worldwide IaaS Public Cloud Services Market Grew 22.5% in 2024 - Gulf Tech News<\/title>\n<meta name=\"description\" content=\"Gartner Says Worldwide IaaS Public Cloud Services Market Grew 22.5% in 2024\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2025\/08\/12\/gartner-says-worldwide-iaas-public-cloud-services-market-grew-22-5-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gartner Says Worldwide IaaS Public Cloud Services Market Grew 22.5% in 2024 - 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