The Middle East & Africa cloud computing market is expected to grow from US$ 17,813.65 million in 2022 to US$ 54,235.27 million by 2028; it is estimated to grow at a CAGR of 20.4% from 2022 to 2028.
The majority of organizations worldwide accept cloud services as a viable IT deployment model. The most popular rationale for cloud adoption continues to be its flexibility and data security of the cloud as a delivery platform. Many businesses have already migrated to one or more cloud services, influencing others to uptake the cloud to gain a competitive advantage. In July 2019, Amazon Web Services (AWS), Amazon’s cloud computing business, launched its cloud solutions in Bahrain, making it the first country in Middle East. Through the debut of its services in this region, the corporation hopes to tap into the technical potential of Middle Eastern businesses. Cloud is now recognized as a credible deployment model within the context of an organization’s IT strategy, with satisfaction levels remaining high and the two-thirds of end users utilizing a cloud service today expecting to expand their footprint over the next year.
By introducing new features and technologies, vendors in the Middle East & Africa cloud computing market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market growth at a notable CAGR during the forecast period.
The majority of organizations worldwide accept cloud services as a viable IT deployment model. The most popular rationale for cloud adoption continues to be its flexibility and data security of the cloud as a delivery platform. Many businesses have already migrated to one or more cloud services, influencing others to uptake the cloud to gain a competitive advantage. In July 2019, Amazon Web Services (AWS), Amazon’s cloud computing business, launched its cloud solutions in Bahrain, making it the first country in Middle East. Through the debut of its services in this region, the corporation hopes to tap into the technical potential of Middle Eastern businesses. Cloud is now recognized as a credible deployment model within the context of an organization’s IT strategy, with satisfaction levels remaining high and the two-thirds of end users utilizing a cloud service today expecting to expand their footprint over the next year.
By introducing new features and technologies, vendors in the Middle East & Africa cloud computing market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market growth at a notable CAGR during the forecast period.
Middle East & Africa Cloud Computing Market Segmentation
he Middle East & Africa cloud computing market is segmented on the basis of service model, deployment model, organization size, industry verticals, and country.- Based on service model, the market is segmented into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
- Based on deployment model, the Middle East & Africa cloud computing market is bifurcated into public cloud and private cloud. By organization size, the market is segmented into small & medium-sized enterprises (SMEs) and large enterprises.
- Based on industry verticals , the Middle East & Africa cloud computing market is segmented into BFSI, IT and Telecom, government and public sector, retail and consumer goods, manufacturing, healthcare and life sciences, and others.
- Based on country, the Middle East & Africa cloud computing market is segmented into the Saudi Arabia ,UAE , South Africa and Rest of Middle East & Africa.
Middle East & Africa Cloud Computing Market - Companies Mentioned
Amazon Web Services ; Microsoft Corporation ; SAP SE ; IBM Corporation ; Salesforce.com, inc. ; Google LLC ; Oracle Corporation ; Adobe and Workday, Inc. are a few major companies operating in the Middle East & Africa cloud computing market .Table of Contents
1. Introduction
3. Research Methodology
4. Middle East & Africa Cloud Computing Market Landscape
5. Middle East & Africa Cloud Computing Market - Key Market Dynamics
6. Middle East & Africa Cloud Computing Market - Market Analysis
7. Middle East & Africa Cloud Computing Market Revenue and Forecasts To 2028 Service Model
8. Middle East & Africa Cloud Computing Market Revenue and Forecasts To 2028 Deployment Model
9. Middle East & Africa Cloud Computing Market Revenue and Forecasts To 2028 Organization Size
10. Middle East & Africa Cloud Computing Market Revenue and Forecasts To 2028 Industry Vertical
11. Middle East & Africa Cloud Computing Market - Country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
Companies Mentioned
- Amazon Web Services
- Microsoft Corporation
- SAP SE
- IBM Corporation
- Salesforce.com, inc.
- Google LLC
- Oracle Corporation
- Adobe
- Workday, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 198 |
| Published | September 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 17813.65 Million |
| Forecasted Market Value ( USD | $ 54235.27 Million |
| Compound Annual Growth Rate | 20.4% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 9 |
