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Infrastructure-as-a-Service Market Poised for Remarkable Growth as BFSI Sector Adopts Cloud Technologies – Global Forecast to 2030

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DUBLIN, March 1, 2024 /PRNewswire/ — The “Infrastructure-as-a-Service Market by Offering (Compute, Storage, Others), Deployment (Public, Private, Hybrid), Organization Size, Application (Hosting, Others), Sector (IT & Telecommunications, BFSI, Others), & Geography – Global Forecast to 2030” report has been added to  ResearchAndMarkets.com’s offering.

Global Analysis Reflects Surge in IaaS Adoption Across Varied Sectors with Emphasis on Innovation and Security

The comprehensive analytical deep-dive into the Infrastructure-as-a-Service market unveils data-driven insights with sector-wide implications. The continuation of an upward trajectory is witnessed within the market as it is projected to ascend to a remarkable $411.9 billion valuation by 2030, which delineates a robust compounded annual growth rate of 22.6% during the years spanning 2023 to 2030.

At the forefront of the market expansion are compute and storage segments, with the latter envisaged to witness the highest growth rate across the forecast horizon. The burgeoning demand for storage solutions, prompted by the escalating amounts of enterprise data and a unified goal to reduce data center costs, is fueling innovation and investment within this sphere.

Dynamic Shifts and Strategic Alliances Shaping the Market Landscape

The market study illuminates the significant migration of the BFSI sector to cloud-based infrastructures, a transformative movement indicative of the sector’s digital evolution. Notwithstanding, concerns regarding data security and privacy do present tangible barriers to the market’s otherwise meteoric rise.

Enterprises, regardless of size, show marked interest in Infrastructure-as-a-Service, yet it is the small & medium-sized enterprises that are recognized as the most impactful growth stimulators in this arena. Leveraging IaaS benefits like cost efficiency, fortified security measures, and efficient computing processes, these businesses are reinventing their operational architectures.

Key Findings in Infrastructure Deployment and Organization SizePublic cloud adoption continues to dominate the landscape in 2023.Hybrid cloud deployments are raising the bar with anticipated highest CAGR.Large enterprises maintain a firm foothold, while SMEs carve out a fast-expanding niche.

Dissecting Market Trends by Application and Sector

Hosting, Storage, Backup, and Recovery Applications stand out as central to the market’s growth, catalyzed by digital transformation and increasing cloud workload transitions. Within sector-specific insights, IT & telecommunications unsurprisingly maintain the largest share, although retail & e-commerce sectors are catching up rapidly, driven by advancements in data analytics and cloud infrastructure to enhance customer experience.

Geographic Market Dynamics

North America retains its dominance in the market, championing innovation and fostering advanced IaaS solutions. Meanwhile, Asia-Pacific is poised for a significant surge, backed by robust cloud infrastructure development, with countries like China and Japan making notable investments in cloud technologies.

Insightful Revelations & Prospects

How sector-specific demands are shaping the IaaS offerings.The impact of recent industry developments on market trajectories.Detailed overviews of competitive landscapes across key global regions.

Key questions answered in the report:

Which are the high-growth market segments in terms of the offering, deployment mode, organization size, application, sector, and countries?What is the historical market for infrastructure-as-a-service across the globe?What are the market forecasts and estimates from 2023-2030?What are the major drivers, restraints, and opportunities in the global infrastructure-as-a-service market?Who are the major players in the global infrastructure-as-a-service market, and what shares of the market do they hold?Who are the major players in various countries, and what shares of the market do they hold?How is the competitive landscape?What are the recent developments in the global infrastructure-as-a-service market?What are the different strategies adopted by the major players in the global infrastructure-as-a-service market?What are the geographical trends and high-growth countries?Who are the local emerging players in the global infrastructure-as-a-service market, and how do they compete with the other players?

Market Insights

Factors Affecting Market Growth

Increasing Adoption of Cloud Infrastructure in the BFSI Sector to Reduce Hardware Installation & Maintenance CostsEnterprises’ Increasing Preference for IaaS over Conventional On-premise Services Due to the Benefits OfferedData Privacy & Security Concerns Hampering the Adoption of Infrastructure-as-a-Service SolutionsGrowing Adoption of Cloud Technologies to Boost the Need for IaaS Solutions Among SMEsOrganizations’ Increasing Focus on Customized and Managed Cloud Services to Drive the Demand for Infrastructure-as-a-ServiceShortage of Skilled IT Professionals Impacting Market Growth

Trends

Storage-as-a-Service (STaaS)Integration of Advanced Technologies with Cloud InfrastructureCase Studies

Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)

Leading Players

Amazon Web Services, Inc. (A Subsidiary of Amazon.Com, Inc.)Microsoft CorporationAlibaba Cloud (A Subsidiary of Alibaba Group Holding Limited)Google LLC (A Subsidiary of Alphabet, Inc.)Huawei Technologies Co., Ltd. (A Subsidiary of Huawei Investment & Holding Co., Ltd.)Oracle CorporationInternational Business Machine CorporationCisco Systems, Inc.SAP SEVmware, Inc.Rackspace Technology, Inc.Digitalocean LLC (A Subsidiary of Digitalocean Holdings, Inc.)Hewlett Packard Enterprise CompanyTencent Cloud

Other Players

Linode LLCNTT Communications CorporationUthoVultr

Competition Analysis

Key Growth StrategiesCompetitive BenchmarkingCompetitive DashboardIndustry LeadersMarket DifferentiatorsVanguardsEmerging CompaniesMarket Share Analysis

Scope of the Report:

Market Assessment, by Offering

ComputeNetworkStorageOther Offerings

Market Assessment, by Deployment Mode

Public CloudPrivate CloudHybrid Cloud

Market by Assessment, by Organization Size

Large EnterprisesSmall & Medium-sized Enterprises

Market by Assessment, by Application

Testing and DevelopmentHostingStorage, Backup, and RecoveryHigh-Performance ComputingOther Applications

Market by Assessment, by Sector

IT & TelecommunicationsBFSIHealthcareRetail & E-commerceGovernment & DefenseManufacturingTransportation & LogisticsOther Sectors

Market Assessment, by Geography

North AmericaU.S.CanadaAsia-PacificChinaJapanIndiaSouth KoreaRest of Asia-PacificEuropeU.K.GermanyItalySpainFranceRest of EuropeLatin AmericaMiddle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/emk6wm

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Research and Markets
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SOURCE Research and Markets

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Club Offers Released on May 18, 2025

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NEW YORK, May 18, 2025 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members.

Rigorously vetted and negotiated for us travel enthusiasts in the U.S.:

$499—A CASTLE IN TUSCANY: 6 NIGHTS WITH FLIGHTS
Explore Tuscany for 6 nights with a 12th-century castle as your home base. Flights from the U.S. and a rental car are included.$399—ALL-INCLUSIVE BEACH VACATION WITH FLIGHTS
Escape to Cancun and spend 5 nights at an all-inclusive resort with direct beach access (flights included). Club Members save 56% when compared to what everyone else pays.$99—HOTEL STAYS NATIONWIDE WITH NO RESORT FEES
We’ve negotiated savings of up to 75% off regular rates at 10 well-reviewed hotels in major cities across the country, including Boston, Chicago, Miami, San Francisco. Even better, all resort fees are waived.$1999—ALL-INCLUSIVE MALDIVES OVERWATER VILLA FOR 2
Enjoy ocean views while relaxing in your 5-star overwater villa for 5 nights. All meals and drinks are included.$299—NORTHERN LIGHTS TRIP WITH FLIGHTS
Watch the skies come alive in Iceland on this 3-night adventure. Includes flights, hotel, breakfast and northern lights tour. You save $650.HALF PRICE—TREATMENTS AT 500+ SPAS
Spend $75 and get a $150 gift card valid for treatments at hundreds of spas nationwide. You won’t find this offer anywhere else.

Some offers have limited inventory and are subject to availability.

Are you a travel enthusiast? Join the club today: https://travelzoo.com.

About Travelzoo

We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers personally reviewed by our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. We work in partnership with thousands of top travel suppliers—our long-standing relationships give us access to irresistible deals.

Travelzoo is a registered trademark of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

Media contact:
Paige CramLos Angeles
+1 609 668 0645
pcram@travelzoo.com

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SOURCE Travelzoo

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HKPA and Subsidiary APTEC Debut at China Print

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HKPA’s 55-member delegation champions CTV Program to boost print productivity

HONG KONG, May 18, 2025 /PRNewswire/ — In a landmark move for the printing industry, the Guangdong-Hong Kong-Macao Greater Bay Area Standardization Research Center is holding the public hearings of the “Requirements for the Calculation and Application of Colour Tone Value (CTV) for Printing Process Control” as a Greater Bay Area (GBA) standard, initiated by the Advanced Printing Technology Centre (APTEC). It aims to be the FIRST GBA standard for printing industry. To drive CTV implementation across the region, the HKPA has launched the program Colour.Method.Master: GBA RECREATES THE WORLD’S COLOUR, funded by Hong Kong’s Cultural and Creative Industries Development Agency (CCIDA). Following its participation in the 31st South China International Exhibition on Printing Industry in March, APTEC is presenting the program at the 11th China Print from May 15 to 19. Through knowledge sharing and exchanges, APTEC aims at boosting the industry to achieve excellency in printing by adopting CTV.

Recognized as the world’s largest and most influential printing trade show, China Print opened on May 15 and drew broad global attention. The HKPA brought a 55-member delegation to the event, which included key association leaders: Mr. Jackson S. Y. Leung, Chairman; Mr. Fung Man Ching, Percy, Chairman, Supervisory Committee; Mr. Yeung Kam Kai, BBS, Life Honorary President; Mr. Chiu Kwok Chu, BBS, Life Honorary President; and Mr. Yan Tak Chung, Alex, Vice-Chairman. 

Chairman Leung emphasized the importance of scaling CTV adoption following its standardization in the GBA. The long-term vision is to position CTV as a nationwide benchmark for print quality control and advocate for its application globally. The goal is to integrate CTV across the entire print supply chain. Sponsored by the CCIDA, HKPA and APTEC are exhibiting at booth E1-072 in the China International Exhibition Center (Shunyi Hall). During the exhibition, the delegation gathered market insights on the Colour.Method.Master campaign, held meetings with vendors, explored the latest printing technologies, and tracked developments shaping the future of the industry. To learn more about the CTV program, visit https://www.ctv-aptec.org.    

View original content to download multimedia:https://www.prnewswire.com/news-releases/hkpa-and-subsidiary-aptec-debut-at-china-print-302458405.html

SOURCE The Hong Kong Printers Association

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Blackstone Community Celebrates Global Expansion at “Night of Insight” Event

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Blackstone Community held its signature “Night of Insight” event recently to celebrate global expansion, strategic growth, and its long-term commitment to financial education and social impact.

NEW YORK, May 18, 2025 /PRNewswire-PRWeb/ — Blackstone Community recently hosted its flagship gathering, “Night of Insight: A Toast to the Future,” marking a major milestone in the organization’s development as a global leader in investment education and responsible finance. The event brought together select members, partners, and contributors from multiple countries to celebrate achievements, foster new collaboration, and reaffirm the platform’s mission of cognitive empowerment and ethical growth.

Set in an elegant venue that blended formality with introspection, the evening featured keynote reflections, networking dialogues, and a structured review of Blackstone Community’s ongoing initiatives. The event also served as a platform to unveil upcoming content modules and collaborative frameworks that will shape the next phase of the community’s evolution.

A Celebration of Strategic Progress

The event highlighted key accomplishments in the areas of multilingual education delivery, cross-border member engagement, and the growing reach of the platform’s 1% Surplus Initiative. From member development milestones to impact-driven partnerships, the evening celebrated not only metrics—but mindset.

Attendees participated in guided discussion segments centered around long-term investing, emotional discipline, and the importance of structured decision-making frameworks in today’s complex financial environment.

A senior moderator noted during the program:

“Blackstone Community is not defined by tools or tactics, but by its dedication to deep thinking, collective progress, and the cultivation of independent judgment.”

Community Recognition and Vision Alignment

Special acknowledgment was given to contributors who have supported the development of mentorship systems, educational resource localization, and peer accountability structures. The event also introduced a new tier-based member roadmap that emphasizes steady cognitive development over short-term results.

Participants engaged in roundtable sessions to share feedback on platform features, propose ideas for upcoming workshops, and discuss ways to strengthen the global learning network.

Looking Ahead

As Blackstone Community continues its expansion, the “Night of Insight” affirmed the platform’s belief that finance is not merely about transactions, but about transformation. The event concluded with a call to action: to invest not only with capital, but with clarity, collaboration, and conscience.

About Blackstone Community

Blackstone Community is a global investment education and collaboration platform dedicated to empowering individuals through structured learning, strategic decision-making, and community-based development. With a strong emphasis on long-term thinking and financial ethics, the platform delivers multilingual programs, mentorship systems, and real-world simulations to support sustainable investing and inclusive financial literacy.

Disclaimer:

The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Media Contact

Nathan Brooks, Blackstone Community, 1 857-321-3703, service@blackstoneglobe.com, https://blackstoneglobe.com/

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SOURCE Blackstone Community

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