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Join date: Dec 15, 2021

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The infrastructure as a service market size was valued at $38.94 billion in 2019, and is projected to reach $201.83 billion by 2027, growing at a CAGR of 23.2% from 2020 to 2027. As IaaS service providers offer a wide range of services to collaborate existing infrastructure components with advanced functionalities, the market is expected to witness a positive growth in the coming years. In addition, IaaS services include detailed monitoring, log access, load balancing and clustering, security, and storage resiliency features, such as replication, backup, and recovery, which further supports the growth of the Infrastructure As a Service (IaaS)market. As these services are policy-driven it helps IaaS enabled end users to implement advanced levels of orchestration and automation for important infrastructure tasks.

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