target audience: TECH BUYER Publication date: Nov 2022 - Document type: IDC MarketScape - Doc Document number: # US48861822
IDC MarketScape: Worldwide Public Cloud Infrastructure as a Service 2022 Vendor Assessment
This IDC study provides an assessment of global public cloud infrastructure-as-a-service (IaaS) providers through the IDC MarketScape model.
"Cloud infrastructure remains a highly competitive market as providers expand into new regions with a broad portfolio of offerings," said Dave McCarthy, research vice president, Cloud and Edge Infrastructure Services. "As customers recognize the unique strengths of each cloud, they are increasingly finding themselves managing a multicloud environment, which creates opportunities for providers that facilitate the integration of specialized compute and storage services."
"Public cloud IaaS use has continued to rise quickly over the past two years, helped by continuing maturity in the largest hyperscalers, accelerating growth among others, and the arrival of new entrants to the market," said Chris Kanaracus, research director, Cloud Infrastructure Services. "There has also been a concerted effort by many IaaS providers to add to their global coverage and presence, meeting customer demand for low latency and redundancy, as well as to address the needs posed by the sovereign cloud movement."