target audience: TECH SUPPLIER Publication date: Jul 2023 - Document type: Market Share - Doc Document number: # US51001323
Worldwide IaaS Networking Market Shares, 2022: Distributed Workloads Drive Growth
This IDC study presents the worldwide infrastructure-as-a-service networking market shares for 2022.
"The IaaS cloud networking market experienced impressive growth during 2022, expanding 36.6% to $14.9 billion," said Taranvir Singh, research manager, Cloud Networking Services at IDC. "Top cloud providers continue to ramp up their IaaS network services portfolios, with enterprises showing great demand because of new cloud-driven requirements. As the shift to cloud environments and modern application architectures advances, IaaS networking is likely to evolve to provide intelligent automation, optimization, and enhanced security, ultimately improving the reliability and performance of enterprise networks."