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    Home > Chemicals Industry > International Chemical > The Middle East and Africa cloud infrastructure services market reached $2.8 billion in 2018

    The Middle East and Africa cloud infrastructure services market reached $2.8 billion in 2018

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    According to a new report from Markets and Markets, the Middle East and Africa cloud infrastructure services market will grow from $2.
    8 billion in 2018 to $4.
    72 billion in 2023, growing at a CAGR of 11%
    during the period.

    The Middle East and Africa cloud infrastructure services market reached $2.
    8 billion in 2018

    Key factors driving the market include initiatives by governments and enterprises to drive emerging technologies such as cloud computing and analytics; Increasing use of cloud-dependent technologies such as bring-your-own-device and IoT; and business continuity requirements leading to high demand
    for disaster recovery services.

    The disaster recovery and backup services segment is expected to grow at the highest rate through 2023

    Disaster recovery and backup-as-a-service are critical for businesses and consumers to protect their data to ensure business continuity at all times
    .
    Demand for this service is growing as it minimizes the operating and capital expenditures
    incurred.
    In addition, it has been observed that enterprises are rapidly adopting disaster recovery and backup services
    due to their pay-as-you-go pricing model.
    This pricing model reduces the total cost of ownership for businesses to a great extent because businesses only pay for
    the content they use.

    Public cloud deployment models will capture the largest market size in 2018

    Due to its cost-effectiveness and ease of use, public cloud-based deployment models are witnessing growing demand
    .
    Public clouds are based on a cloud computing model that shares resources
    among various businesses based on their needs.
    Public cloud-based solutions require fewer physical setups, lower maintenance, and around-the-clock access
    anytime, anywhere.
    Public cloud-based deployments are expected to achieve high growth rates
    compared to private or hybrid cloud deployments due to the various advantages of public clouds, such as scalability, reliability, flexibility, utility-style cost, and location-independent services.

    Qatar will grow at the highest rate during the forecast period

    The Qatar cloud infrastructure services market has started to grow and is expected to grow
    at the highest rate in the next 5 years.
    The Qatari government's significant economic growth and ambitious vision could help drive the country's mass adoption
    of cloud infrastructure services.
    Moreover, to support this growing adoption, major market players are also investing
    in Qatar.

    Major providers of cloud infrastructure services in the Middle East and Africa include Microsoft (US), Amazon Web Services (US), IBM (US), Oracle Corporation (US), Google (US), Alibaba (China), Fujitsu (Japan), Injazat Data Systems (UAE), eHosting DataFort (UAE), BIOS Middle East Group (UAE), Orixcom (UAE), STC Cloud (Saudi Arabia), Mobily (Saudi Arabia), Batelco (Bahrain), Emirates Integrated Telecommunications Company (UAE), Qatar Telecom (Qatar) and Cloud4C (India).

    According to a new report from Markets and Markets, the Middle East and Africa cloud infrastructure services market will grow from $2.
    8 billion in 2018 to $4.
    72 billion in 2023, growing at a CAGR of 11%
    during the period.

    Cloud infrastructure

    The Middle East and Africa cloud infrastructure services market reached $2.
    8 billion in 2018

    The Middle East and Africa cloud infrastructure services market reached $2.
    8 billion in 2018

    Key factors driving the market include initiatives by governments and enterprises to drive emerging technologies such as cloud computing and analytics; Increasing use of cloud-dependent technologies such as bring-your-own-device and IoT; and business continuity requirements leading to high demand
    for disaster recovery services.

    The disaster recovery and backup services segment is expected to grow at the highest rate through 2023

    The disaster recovery and backup services segment is expected to grow at the highest rate through 2023

    Disaster recovery and backup-as-a-service are critical for businesses and consumers to protect their data to ensure business continuity at all times
    .
    Demand for this service is growing as it minimizes the operating and capital expenditures
    incurred.
    In addition, it has been observed that enterprises are rapidly adopting disaster recovery and backup services
    due to their pay-as-you-go pricing model.
    This pricing model reduces the total cost of ownership for businesses to a great extent because businesses only pay for
    the content they use.

    Public cloud deployment models will capture the largest market size in 2018

    Public cloud deployment models will capture the largest market size in 2018

    Due to its cost-effectiveness and ease of use, public cloud-based deployment models are witnessing growing demand
    .
    Public clouds are based on a cloud computing model that shares resources
    among various businesses based on their needs.
    Public cloud-based solutions require fewer physical setups, lower maintenance, and around-the-clock access
    anytime, anywhere.
    Public cloud-based deployments are expected to achieve high growth rates
    compared to private or hybrid cloud deployments due to the various advantages of public clouds, such as scalability, reliability, flexibility, utility-style cost, and location-independent services.

    Qatar will grow at the highest rate during the forecast period

    Qatar will grow at the highest rate during the forecast period

    The Qatar cloud infrastructure services market has started to grow and is expected to grow
    at the highest rate in the next 5 years.
    The Qatari government's significant economic growth and ambitious vision could help drive the country's mass adoption
    of cloud infrastructure services.
    Moreover, to support this growing adoption, major market players are also investing
    in Qatar.

    Major providers of cloud infrastructure services in the Middle East and Africa include Microsoft (US), Amazon Web Services (US), IBM (US), Oracle Corporation (US), Google (US), Alibaba (China), Fujitsu (Japan), Injazat Data Systems (UAE), eHosting DataFort (UAE), BIOS Middle East Group (UAE), Orixcom (UAE), STC Cloud (Saudi Arabia), Mobily (Saudi Arabia), Batelco (Bahrain), Emirates Integrated Telecommunications Company (UAE), Qatar Telecom (Qatar) and Cloud4C (India).

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