target audience: TECH SUPPLIER Publication date: Sep 2024 - Document type: Market Forecast - Doc Document number: # US51670024
Worldwide IaaS Networking Forecast, 2024–2028
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Abstract
This IDC study provides our 2024–2028 forecast for the worldwide IaaS networking market. It examines the worldwide infrastructure-as-a-service networking market from 2020 to 2028, indicating a strong upward trend in enterprise demand of IaaS network services.
"IDC's five-year forecast anticipates significant enterprise investment in IaaS networking, driven by the need to simplify the complexity and reduce the operational burden of their networks," said Taranvir Singh, research manager, Cloud Networking Services at IDC. Over the next five years, IaaS network services from cloud service providers will see high demand, as enterprises recognize the critical role of networks as the digital nervous system of modern IT, to enable advanced IT applications and AI workloads.