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Middle East And Africa Cloud Infrastructure Services Market Size By Service Type, By Deployment Model, By Geographic Scope And Forecast


Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Middle East And Africa Cloud Infrastructure Services Market Size By Service Type, By Deployment Model, By Geographic Scope And Forecast

Middle East And Africa Cloud Infrastructure Services Market Size And Forecast

Middle East And Africa Cloud Infrastructure Services Market size was valued at 4.31 USD Billion in 2023 and is projected to reach 8.87 USD Billion by 2031, growing at a CAGR of 10.42% during the forecast period 2024-2031.

Middle East And Africa Cloud Infrastructure Services Market Drivers

The market drivers for the Middle East And Africa Cloud Infrastructure Services Market can be influenced by various factors. These may include

  • Digital Transformation Projects To modernize their operations, increase productivity, and maintain their competitiveness in the global market, a large number of Middle Eastern and African enterprises are implementing digital transformation projects. These companies can use big data analytics, IoT, AI, and other cutting-edge technology thanks to cloud infrastructure services.
  • Government Initiatives As part of their digital agendas, governments throughout the Middle East and Africa are pushing for the adoption of the cloud. To enhance the delivery of public services, boost productivity, and stimulate economic growth, they are investing in cloud infrastructure.
  • Growing Data Traffic As smartphones, social media, and e-commerce platforms become more widely used, the area is seeing a rise in data traffic. In order to facilitate data processing, management, and storage, this generates a need for scalable and trustworthy cloud infrastructure services.
  • Rapid Industrialization and Urbanization Cloud services are becoming more and more popular in industries including manufacturing, healthcare, finance, and retail. This is mostly due to these two factors. These sectors may expand their operations, become more agile, and spend less on IT thanks to cloud infrastructure.
  • New Start-up Ecosystem There is an increase in entrepreneurship in the Middle East and Africa, and many of these businesses are using cloud infrastructure to introduce cutting-edge goods and services. Cloud services are in high demand, especially from small and medium-sized businesses (SMEs), thanks to this entrepreneurial ecosystem.
  • Data security and regulatory compliance are top priorities for firms in the Middle East and Africa as a result of the growing digitization of business and the surge in cyber threats. Strong security protocols and compliance certifications from cloud service providers encourage enterprise usage.
  • Cost optimization Cloud infrastructure services let businesses pay for just the resources they use, making them a more affordable option than traditional IT infrastructure. All sizes of firms are drawn to this cost-saving potential, but especially those who want to maximize their IT expenditures.
  • Infrastructure Modernization Outdated IT infrastructure is becoming a problem for many Middle Eastern and African enterprises. With cloud services, you may upgrade performance, increase scalability, and modernize infrastructure without having to make significant upfront investments.

Middle East And Africa Cloud Infrastructure Services Market Restraints

Several factors can act as restraints or challenges for the Middle East And Africa Cloud Infrastructure Services Market. These may include

  • Data security and privacy concerns pose serious limitations, particularly in areas where legal frameworks may not be as strong as they are in other parts of the world. Sensitive data is not often moved to the cloud by enterprises because of concerns about data breaches and unauthorized access.
  • Connectivity Challenges The adoption of cloud services may be hampered by poor internet infrastructure and connectivity problems in some parts of the Middle East and Africa. Applications and services that are cloud-based can suffer from poor performance and dependability due to inadequate network infrastructure and unstable internet connectivity.
  • Compliance and Regulatory Issues Cloud service providers may find it difficult to comply with local rules and regulations, especially in highly regulated sectors like finance and healthcare. Complying with regulations on data protection, data residency, and other matters can make cloud deployments more complicated and expensive.
  • Organizational and Cultural Resistance Organizational apathy and cultural considerations can also impede the adoption of cloud computing. Organizational or cultural impediments may cause certain organizations to be reluctant to adopt new technology or to be resistive to change. Adoption of the cloud may also be hampered by resistance from staff members who are used to traditional IT tools and procedures.
  • Financial Concerns Even though cloud services may be scaled and are more economical, some businesses might be worried about the long-term costs of making the switch. Organisations may be dissuaded from using cloud infrastructure services entirely due to the upfront costs associated with migration, continuous subscription fees, and other additional expenses such data transfer fees.
  • Absence of Skilled Professionals One of the biggest problems facing Middle Eastern and African enterprises is the lack of qualified personnel with knowledge of cloud architectures and technologies. The acceptance and efficacy of cloud services may be constrained by a shortage of skilled workers for cloud infrastructure design, implementation, and administration.
  • Political and Geopolitical Factors For companies operating in the Middle East and Africa, political instability, regional conflicts, and geopolitical tensions can be risky and unclear. These elements may have an impact on the choices made about cloud infrastructure deployments and investments, especially for global corporations that have operations throughout borders.
  • Lock-in of Vendors Concerns When implementing cloud infrastructure services, organizations may be concerned about vendor lock-in, especially if they believe there is a lack of portability or interoperability between various cloud platforms. Adoption decisions may be influenced by worries regarding provider switching ease and dependence on a single cloud provider.

Middle East And Africa Cloud Infrastructure Services Market Segmentation Analysis

The Middle East And Africa Cloud Infrastructure Services Market is Segmented on the basis of Service Type, Deployment Model, And Geography.

Middle East And Africa Cloud Infrastructure Services Market, By Service Type

  • Storage as a Service (SaaS) Provides on-demand storage capacity for businesses.
  • Compute as a Service (CaaS) Offers on-demand access to virtual servers, storage, and networking resources.
  • Disaster Recovery & Backup as a Service (DRaaS & BaaS) Creates a backup of an organization’s data and applications in the cloud, enabling them to be recovered in case of a disaster.
  • Managed Hosting Involves a service provider managing a company’s servers, storage, and network infrastructure in a cloud environment.

Middle East And Africa Cloud Infrastructure Services Market, By Deployment Model

  • Public Cloud The cloud services are shared among multiple users over the internet.
  • Private Cloud The cloud services are dedicated to a single organization and are not shared with others.
  • Hybrid Cloud A combination of public and private cloud models.

Middle East And Africa Cloud Infrastructure Services Market, By Geography

  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

Key Players

The major players in the Middle East And Africa Cloud Infrastructure Services Market are

  • Amazon Web Services (AWS)
  • Microsoft Azure
  • Google Cloud Platform (GCP)
  • IBM
  • Oracle
  • Etisalat
  • Ooredoo
  • STC Cloud
  • Injazat Data Systems
  • eHosting DataFort
  • BIOS Middle East Group

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), IBM, Oracle, Ooredoo, STC Cloud, Injazat Data Systems

Segments Covered
  • By Service Type
  • By Deployment Model
  • By Geography
Customization Scope

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