Cloud Giants Dominate as Global IaaS Market Hits $171.8B in 2024
In 2024, Infrastructure as a Service (IaaS) didn’t just grow—it ballooned. According to new data from Gartner, the global IaaS market jumped 22.5% year-over-year, hitting a staggering $171.8 billion. The growth confirms what most IT leaders already know: cloud isn’t just the future—it’s the infrastructure backbone of the AI era.
