The MEA cloud infrastructure services market size is
anticipated to reach USD 18.07 billion by 2025, according to a new report by
Grand View Research, Inc. The market is anticipated to register a CAGR of
28.7 % during the forecast period. Increasing government investments
towards digital transformation has fostered the market growth. Moreover,
growing awareness among small and medium enterprises regarding the advantages
of cloud technology in business is anticipated to boost the market growth.
Platform as a Service (PaaS) emerged as the
largest cloud infrastructure service in 2017 with 26.4% market share. The
service allows development, execution, and management of cloud-based
applications without the need to build or maintain infrastructure. The dependency
of the PaaS market on cloud infrastructure, for implementation, is expected to
benefit the IaaS market over the forecast period. The demand for Disaster
Recovery as a Service (DRaaS) segment is expected to register the highest CAGR
of 31.9% owing to increased demand for data security and recovery.
Public cloud segment is the largest deployment
type for cloud infrastructure services. The public cloud enables economic and
faster deployment of resources thus saving user time and money. Private cloud
is anticipated to expand at the highest CAGR of 32.4% from 2018 to 2025. The
private clouds are mostly preferred by large organizations, as it ensures
better security for digital assets and user’s financial data. The hybrid cloud
combines the benefits of public cloud and private cloud. The hybrid arrangement
facilitates ease of deployment like in the case of the public cloud and also
ensures optimum data security like the private cloud deployment. Thus hybrid
cloud deployment is widely preferred by medium-sized organizations.
The Small and Medium Enterprises (SME) segment
accounted for USD 0.26 billion in 2017. The cloud computing has emerged as the
most reliable and economical option for SMEs. Thus the trend of moving from
traditional on-premise deployment to cloud deployment has been observed among
the SMEs. Large organizations have already deployed their businesses on the
cloud. Thus, owing to its wide adoption, the segment is expected to witness
moderate growth over the forecast period.
The government initiatives, such as ‘Smart
Dubai’ and ‘Smart Abu Dhabi’, in UAE are anticipated to bring in huge
investments for the cloud technology segment. Many organizations are willing to
expand their business in MEA and are considering UAE as the most promising
country for growth. The cloud infrastructure market in Qatar is estimated to
expand at the highest CAGR of 32.8 % from 2018 to 2025 due to the local
government’s commitment towards technological development by 2020 through
e-government, ICT sector development.
Browse full research report on MEA
Cloud Infrastructure Services Market:
https://www.grandviewresearch.com/industry-analysis/mea-cloud-infrastructure-services-market
Further key
findings from the study suggest:
- The MEA cloud infrastructure services market
is expected to register a CAGR of 28.7% from 2018 to 2025
- Platform as a Service (PaaS) emerged as the
largest service segment with USD 0.68 billion market size in 2017
- Public cloud was the largest deployment
segment for cloud infrastructure services in 2017
- The SME segment accounted for more than 24%
market share in 2017. Increasing awareness regarding cloud adoption is
expected to boost the segment growth further
- The Qatar market is anticipated to grow at
highest CAGR of 32.8% from 2018 to 2025, owing to increased government
effort towards technical development through digitization
- Key companies including Amazon Web Services,
Inc.; Microsoft Corporation; Google, Inc.; and IBM Corporation led the MEA
cloud infrastructure services market while accounting for the majority
revenue share in 2017.
Browse request sample of this report by
Grand View Research:
https://www.grandviewresearch.com/industry-analysis/mea-cloud-infrastructure-services-market/request/rs1
Grand
View Research has segmented the MEA cloud infrastructure services market on the
basis of service, deployment, organization, and country:
MEA Cloud
Infrastructure Service Outlook (Revenue, USD Billion, 2015 - 2025)
- PaaS
- IaaS
- CDN/AND
- Managed Hosting
- Colocation
- DRaaS
MEA Cloud
Infrastructure Services Deployment Outlook (Revenue, USD Billion, 2015 -
2025)
- Public Cloud
- Private Cloud
- Hybrid Cloud
MEA Cloud
Infrastructure Services Organization Outlook (Revenue, USD Billion, 2015 -
2025)
- SME
- Large Organization
MEA Cloud
Infrastructure Services Country Outlook (Revenue, USD Billion, 2015 -
2025)
- Kingdom of Saudi
Arabia
- United Arab Emirate
- Qatar
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment