Cloud IT Infrastructure Hardware Market Demands, Top Key Players, Industry Analysis & Forecast By 2027

Cloud IT infrastructure hardware is present in all the three cloud computing models – infrastructure as a service, platform as a service and software as a service. Companies either purchase these cloud IT infrastructure hardware or take them on rent from various cloud infrastructure vendors. Usually when the cloud IT infrastructure is taken on rent there is a fixed subscription fee that the subscriber needs to pay to the vendor. Whereas, if the business purchases cloud IT infrastructure hardware, they usually purchase it on pay-per-use pricing model. According to this pricing model the users need to pay only for the services consumed which is calculated on an hourly, weekly or monthly basis.