MENA Cloud Infrastructure Market: Current Analysis and Forecast (2020-2030)
$3999 – $6999
Emphasis on Deployment Type (Public Cloud, Private Cloud); Public Cloud Service (SaaS, PaaS, IaaS, Cloud Advertising, and BPaaS); End-User (Banking, Financial Services and Insurance, Retail, Telecom & IT, Healthcare, Media & Entertainment, Government Agencies, Education, Energy, Manufacturing, Other Industries)
Pages: | 115 |
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Table: | 63 |
Figure: | 79 |
Report ID: | UMTI18123 |
Geography: |
Report Description
The MENA Cloud Infrastructure market is expected to grow at a strong CAGR of 14% during the forecast period owing to the increasing cybercrimes and cyber breaches. The development of cloud computing plays a pivotal role in bringing innovation and development of digital economies. Despite the predicted growth of cloud infrastructure in the Middle East region. Cloud has significantly removed the burden of manually upgrading hardware and managing data storage and simultaneously provides employees with a global means of communicating with customers and access to multiple cloud providers and key data from any location. Moreover, the growing and influential role of businesses towards embracing innovative technologies such as Big data analytics, and cloud, digital businesses are significantly contributing to fuel digital transformation
Some of the major players operating in the market include Cisco Systems Inc, Equinix Inc., Google Inc., IBM Corporation, Salesforce.com, AT&T Inc, Amazon Web Services Inc., DXC Technology Company, HP Inc, and Rackspace Hosting Inc.
Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst deployment type, the public cloud segment held a dominating share of the market in 2022”
Based on deployment type, the Middle East and North Africa cloud infrastructure market is segmented into public, and private cloud markets. The public cloud segment caters extensive share of the market and is expected to grow at a significant rate in the forecasted period as well. Countless benefits offered by the respective deployment mode such as best economies of scale, inexpensive setup as hardware, enhanced scalability, and application and bandwidth costs covered by the provider are some of the major factors driving the wide adoption of public cloud service.
“Amongst end-user, the defense held the majority share of the market in 2022”
Based on application, the MENA Cloud Infrastructure market is segmented into defense, aerospace, medical, aviation, and others. The defense segment caters extensive share of the market and is anticipated to grow at an influential CAGR in the forecasted period as well. Factors such as the rising adoption of portable electronic devices such as torpedoes, UAVs/UUVs, and other devices coupled with reliable, portable energy storage keeps soldiers connected, aware, and safe accelerating the demand for the MENA Cloud Infrastructure.
“UAE Caters Significant Share of the MENA Cloud Infrastructure Market in 2022”
The UAE market is expected to register the highest growth rate in the forecast period. It is mainly owing to the rising adoption trend of cloud by various industry verticals such as financial services, hospitality, media, and entertainment, oil & gas, and retail sector coupled with initiatives ranging from the shift from capital expenditure to operational expenditure, scale up for small and medium enterprises and digital transformation agenda.
MENA Cloud Infrastructure Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The global MENA Cloud Infrastructure market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
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Research Methodology
Research Methodology for the MENA Cloud Infrastructure Market Analysis (2020-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the MENA Cloud Infrastructure market were the three major steps undertaken to create and analyze the adoption of MENA Cloud Infrastructure in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the MENA Cloud Infrastructure market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the MENA Cloud Infrastructure market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the MENA Cloud Infrastructure market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as deployment type, public cloud service, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the MENA Cloud Infrastructure market. Further, we conducted factor analysis using dependent and independent variables such as deployment type, public cloud service, and end-user of the MENA Cloud Infrastructure market. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the MENA Cloud Infrastructure market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the MENA Cloud Infrastructure market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the MENA Cloud Infrastructure market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the MENA Cloud Infrastructure market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the MENA Cloud Infrastructure market. data was split into several segments & sub-segments post studying various parameters and trends in the areas of the deployment type, public cloud service, and end-user in the MENA Cloud Infrastructure market.
The main objective of the MENA Cloud Infrastructure Market Study
The current & future market trends of the MENA Cloud Infrastructure market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the MENA Cloud Infrastructure market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of the deployment type, public cloud service, and end-user.
- Define and analysis of the regulatory framework for the MENA Cloud Infrastructure industry
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
- Analyze the current and forecast market size of the MENA Cloud Infrastructure market for the major region
- Company profiles of the MENA Cloud Infrastructure market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry.