Lucintel's latest market report analyzed that infrastructure as code (IaC) provides attractive opportunities in the BFSI, IT & telecom, government, manufacturing, healthcare, retail sectors. The infrastructure as code (IaC) market is expected to reach $XX billion by 2028 with a CAGR of 24% to 26%. In this market, tools is the largest segment by application, whereas healthcare is largest by end use industry.

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Based on application, the infrastructure as code (IaC) market is segmented into tools and services. The tools segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to it faster speed and consistency, an effective software development cycle, and lower management overhead.

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The Infrastructure as Code (IaC) Market is marked by the presence of several big and small players. Some of the prominent players offering infrastructure as code (IaC) include IBM, Microsoft, AWS, Oracle, Hashicorp, Terraform, Google, Alibaba Group, Dell, and Docker.

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