Global Cloud IaaS and PaaS Market, 2025-2031

This study analyzes the global Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) market from 2025 to 2031, covering hyperscale cloud providers, AI-focused neoclouds, and regional and sovereign cloud operators across North America, Latin America, EMEA, and Asia-Pacific. It provides market size and growth forecasts, examines regional and segment dynamics, assesses competitive positioning, and identifies key growth drivers, restraints, and emerging opportunities. The analysis explores how rapid growth in AI training, inference, data platforms, and other compute-intensive workloads is creating a new source of infrastructure demand alongside ongoing enterprise cloud modernization. It also evaluates the impact of accelerating capital investment, sovereign cloud requirements, and supply-side constraints related to power, data-center availability, advanced compute, and deployment timelines. The study highlights how these forces are reshaping provider investment strategies, regional growth trajectories, market share, and the competitive structure of the global IaaS and PaaS market. The analysis also forms part of Frost & Sullivan’s broader research into cloud growth opportunities, provider commitments and RPO, competitive momentum, and the evolving role of sovereign cloud in shaping infrastructure strategy and investment.

Author: Anisha Vinny